MHS ADVISORY SERVICES, LLC
Adviser information for MHS ADVISORY SERVICES, LLC last updated from Form ADV on March 7th, 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 | 6 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 6 |
| Registered State Investment Advisers | 6 |
| Licensed Agents of an Insurance Company | 4 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 785 | $143.4M |
| Non-Discretionary | 281 | $61.8M |
| Total | 1,066 | $205.2M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 244 | $86.8M |
| HNW Individuals | 59 | $116.3M |
| 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 | 1 | $1.2M |
| Charitable organizations | 1 | $373,743 |
| 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 | 2 | $575,260 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 1 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 26-50 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesTHIRD PARTY REFERRAL FEES |
Identifiers
| SEC RIA File Number | 801-80877 |
|---|---|
| SEC ERA File Number | 801-80877 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 174590 |
| Legal Entity Identifier | None |
Principal Office
11330 86TH AVENUE NORTHMAPLE GROVE
MN
United States
Monday - Friday, 8:00 AM TO 4:30 PM
Tel: 952-541-9201, Fax: 952-400-4900
Websites
Chief Compliance Officer
TOM HOKR
11330 86TH AVENUE NORTH
MAPLE GROVE
MN
United States
Tel:
952-541-9201
Fax:
952-400-4900
T****@*********M
(Full email address available in API data)
Regulatory Contact
J. CHRIS SHERWIN
INVESTMENT ADVISER REPRESENTATIVE
11330 86TH AVENUE NORTH
MAPLE GROVE
MN
United States
Tel:
952-541-9201
Fax:
952-400-4900
C*******@*********M
(Full email address available in API data)
Industry Affiliates
| MHS INSURANCE AGENCY | Insurance company or agency |
| THOMAS R HOKR & ASSOCIATES | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MHS ADVISORY GROUP, LLC | Domestic Entity | – | MANAGING MEMBER | 01/2015 | > 75% |
| HOKR, THOMAS, RALPH | Individual | – | CHIEF COMPLIANCE OFFICER | 01/2015 | < 5% |
| HOKR, THOMAS, RALPH | Individual | MHS ADVISORY GROUP, LLC | MANAGING MEMBER | 01/2015 | 50-75% |
| SHERWIN, JOHN, CHRISTOPHER | Individual | MHS ADVISORY GROUP, LLC | MANAGING MEMBER | 01/2015 | 50-75% |