ACUMEN FINANCIAL ADVISORS, LLC
Adviser information for ACUMEN FINANCIAL ADVISORS, LLC last updated from Form ADV on March 22nd, 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 | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Minnesota, United States |
Employees
| Total Number of Employees | 4 |
|---|---|
| Investment Advisory/Research | 1 |
| Registered Broker-Dealer Representatives | 1 |
| Registered State Investment Advisers | 1 |
| Licensed Agents of an Insurance Company | 1 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 0 | $0 |
| Non-Discretionary | 591 | $390.1M |
| Total | 591 | $390.1M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 96 | $36.6M |
| HNW Individuals | 115 | $353.5M |
| 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 | 0 | $0 |
| 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 | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 101-250 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-71042 |
|---|---|
| SEC ERA File Number | 801-71042 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 152748 |
| Legal Entity Identifier | None |
Principal Office
3601 WEST 76TH STREETSUITE 475
EDINA
MN
United States
Monday - Friday, 8:00 AM TO 4:00 PM
Tel: 952-521-1625, Fax: 952-521-1635
Chief Compliance Officer
DEBBIE FUTTERER
CHIEF COMPLIANCE OFFICER
3601 WEST 76TH STREET
SUITE 475
EDINA
MN
United States
Tel:
952-521-1625
Fax:
952-521-1635
D*****@******************M
(Full email address available in API data)
Regulatory Contact
MICHAEL KOCH
CONSULTANT
9911 SABINE CIRCLE
MISSOURI CITY
TX
United States
Tel:
281-728-3167
M******@****************T
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| STEGER, TODD, WILLIAM | Individual | – | DIRECT OWNER | 11/2009 | > 75% |
| FUTTERER, DEBORAH, PALMER | Individual | – | CHIEF COMPLIANCE OFFICER | 12/2022 | < 5% |