BERTHEL FISHER & COMPANY FINANCIAL SERVICES, INC.
BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC. Legal Name
Adviser information for BERTHEL FISHER & COMPANY FINANCIAL SERVICES, INC. last updated from Form ADV on March 25th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Iowa, United States |
Employees
| Total Number of Employees | 100 |
|---|---|
| Investment Advisory/Research | 100 |
| Registered Broker-Dealer Representatives | 100 |
| Registered State Investment Advisers | 100 |
| Licensed Agents of an Insurance Company | 92 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,939 | $451.8M |
| Non-Discretionary | 1,542 | $290.4M |
| Total | 3,481 | $742.2M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 2,657 | $448.0M |
| HNW Individuals | 145 | $259.7M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 13 | $11.6M |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 35 | $22.9M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 6 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesCommissions |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Identifiers
| SEC RIA File Number | 801-62277 |
|---|---|
| SEC ERA File Number | 801-62277 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 13609 |
| Legal Entity Identifier | None |
Principal Office
4201 42ND STREET NESUITE 100
CEDAR RAPIDS
IA
United States
Monday - Friday, MON-THURS: 8AM-5PM; FRI 8AM-4PM
Tel: 319-447-5700, Fax: 319-447-4244
Chief Compliance Officer
KIMBERLY CHAPMAN
4201 42ND STREET NE
SUITE 100
CEDAR RAPIDS
IA
United States
Tel:
3194475700
Fax:
319-730-5410
K*******@**********M
(Full email address available in API data)
Regulatory Contact
SHELLEY DAVENPORT
VP LEGAL AND REGULATORY MATTERS
4201 42ND ST NE
SUITE 100
CEDAR RAPIDS
IA
United States
Tel:
319-447-5700
S*********@**********M
(Full email address available in API data)
Industry Affiliates
| BFC PLANNING, INC. | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BERTHEL, THOMAS JOSEPH | Individual | – | CHAIRMAN OF THE BOARD/EXECUTIVE VICE PRESIDENT | 09/2023 | < 5% |
| BERTHEL FISHER & COMPANY | Domestic Entity | – | 100% OWNER | 12/1997 | > 75% |
| BERTHEL, THOMAS JOSEPH | Individual | BERTHEL FISHER & COMPANY | COMMON STOCK SHAREHOLDER | 12/1997 | 25-50% |
| MURPHY, RICHARD MAURICE | Individual | – | EXECUTIVE VICE PRESIDENT | 11/2017 | < 5% |
| SCHAUL, JOANNA MARIE | Individual | – | CHIEF ADMINISTRATION OFFICER/SECRETARY (A/O 11/2017) | 09/2023 | < 5% |
| WILCOX, RANDY AUSTIN | Individual | – | VICE PRESIDENT COMPLIANCE/OSJ MANAGER | 06/2021 | < 5% |
| CHRISTOFFERSON, ANDREW JAMES | Individual | – | CHIEF EXECUTIVE OFFICER/PRESIDENT | 09/2023 | < 5% |
| DAVENPORT, SHELLEY RAE | Individual | – | VICE PRESIDENT LEGAL & REGULATORY MATTERS (A/O 11/2017) | 07/2014 | < 5% |
| RUPP, BRIAN | Individual | – | CHIEF FINANCIAL OFFICER/TREASURER (A/O 11/5/2020) | 09/2023 | < 5% |
| SWARTZENDRUBER, PAIGE NICHOLE | Individual | – | CHIEF BUSINESS DEVELOPMENT OFFICER | 09/2023 | < 5% |
| NOETHEN, BRITTANY MICHELLE | Individual | – | CHIEF TECHNOLOGY OFFICER | 11/2017 | < 5% |
| CHAPMAN, KIMBERLY KAREN EARLY | Individual | – | CHIEF COMPLIANCE OFFICER | 12/2020 | < 5% |
| HOHN, JAMES RALPH | Individual | – | VICE PRESIDENT/TECHNOLOGY | 12/2020 | < 5% |
| SPENCER, NATHANAEL | Individual | – | VICE PRESIDENT OF BUSINESS DEVELOPMENT | 10/2002 | < 5% |