Richfield Bank & Trust Co. is a large advisory firm based in Richfield. It manages $49.04 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001.
Richfield Bank & Trust provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Richfield Bank & Trust Co. is $49.04 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Richfield Bank & Trust Co. for their services and products based on a percentage of assets under management. 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.
Martin Victor Chorzempa has been acting as President since 1 Mar 1999. Mary Louise Komornicka joined the executive team most recently as the Svp,Trust.
The principal office where Richfield Bank & Trust Co. performs its advisory services is located at 6625 Lyndale Avenue South, Richfield, MN 55423, which is also the mailing address of the firm. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number 612-798-3373 or by fax 612-798-3179. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.richfieldbank.com.