Guardian Wealth Strategies, LLC (Minneapols)

Name: Guardian Wealth Strategies, LLC
Address: 6465 Wayzata Blvd, Minneapols, MN, 55426
Telephone: 952-746-1746

Guardian Wealth Strategies, LLC is a large advisory firm based in Minneapols. It manages $273.34 million of regulatory assets for 1,178 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Minnesota, Washington, and Wisconsin.

Guardian Wealth Strategies provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Guardian Wealth Strategies: assets under management

The assets under management (AUM) of Guardian Wealth Strategies, LLC is $273.34 million. The firm's AUM has grown by 149% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $265.28 million in discretionary accounts and $8.06 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $227.7 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $620 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 51% of the total AUM. The second-largest asset type is exchange traded securities, which make up 44% of the firm’s portfolio. Investments in state and local bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Guardian Wealth Strategies, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Guardian Wealth Strategies serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Guardian Wealth Strategies is high net worth individuals with 88 clients and $183.68 million of assets under management. Among the 11 most similar advisory firms, Guardian Wealth Strategies has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $273.34 million for 342 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Guardian Wealth Strategies doesn't advise any private funds.

Careers at Guardian Wealth Strategies, LLC

The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gregory Joseph Gassert	Chief compliance officer	1 Apr 2013	Other	4310912
Brent Dean Hoppe	Founder	1 Apr 2013	Other	4280247
Llc American Heritage Group	Member	1 Dec 2013	50% - 75%	27-3801852
University Investment Advisors	Member	1 Jan 2015	50% - 75%	47-2815913

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Sandra Oliver	Owner	1 Oct 2010	50% - 75%	6297570
Clifton Ross	Owner	1 Jan 2013	Other	6302568
Gregory Joseph Gassert	Member	1 Jan 2015	50% - 75%	4310912
Brent Dean Hoppe	Member	1 Jan 2015	50% - 75%	4280247

Based in Minneapols

The principal office where Guardian Wealth Strategies, LLC performs its advisory services is located at 6465 Wayzata Blvd, Minneapols, MN 55426, which is also the mailing address of the firm. An additional office of the firm is in Burnsville, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 952-746-1746 or by fax 612-601-8935. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at myguardianwealth.com.