Clifton Group Investment Management Co (Minneapolis)


Clifton Group Investment Management Co is a large advisory firm based in Minneapolis. It manages $14.46 billion of regulatory assets for 74 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Minnesota and Wisconsin.

Clifton Group Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Clifton Group Investment Management: assets under management

The assets under management (AUM) of Clifton Group Investment Management Co is $14.46 billion, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $14.46 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $195.44 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Clifton Group Investment Management Co for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Clifton Group Investment Management Co

Rosemary Janousek has been acting as President since 1 Apr 1978. Gerald Anthony Kraut joined the executive team most recently as the Evp, Board Chair, Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Rosemary Janousek President 1 Apr 1978 Other 2626239
Richard Ballsrud Executive vice president, director 1 Feb 1984 Other 2072570
Jack Hansen Executive vice president, director 1 Jun 1985 Other 2072543
Thomas Lee Portfolio manager 1 Aug 1993 Other 2686076
Michael Emmett Dougherty Chair, director & member of ultimate parent 1 Oct 1993 25% - 50% 70900
Vam Holdings Llc Owner of applicant 1 Apr 1996 75% - 100% 41-1866894
Thomas Joseph Abood Evp, secretary, director 1 Apr 1996 Other 2568143
Pamela Kay Reinitz Ziermann Vice president,compliance and human resources of ultimate parent 1 Apr 1996 Other 2083562
Gerald Anthony Kraut Evp, board chair, director 1 Jul 1997 Other 1502494
Michelle Marie Sandberg Treasurer, director 1 Jul 1997 Other 2070925

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Dougherty Financial Group Llc Owner of vamh 1 Oct 1993 75% - 100% 41-1866893

Based in Minneapolis

The principal office where Clifton Group Investment Management Co performs its advisory services is located at 309 Clifton Ave, Minneapolis, MN 55403, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number [612] 870-8800 or by fax [612] 870-7236. The normal business hours are 7:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at thecliftongroup.com.