Prairieview Partners, LLC is a large advisory firm based in St. Paul. It manages $533.78 million of regulatory assets for 307 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Florida, Minnesota, Texas, and Wisconsin.
Prairieview Partners provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Prairieview Partners, LLC is $533.78 million. The firm's AUM has grown by 775% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Prairieview Partners, LLC for their services and products based on a percentage of assets under management and fixed 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Prairieview Partners is high net worth individuals with 189 clients and $441.05 million of assets under management. Among the 8 most similar advisory firms, Prairieview Partners has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $533.78 million for 307 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.
Prairieview Partners doesn't advise any private funds.
The company employs 13 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Prairieview Partners, LLC performs its advisory services is located at 2250 Town Square Tower, St. Paul, MN 55101, which is also the mailing address of the firm. An additional office of the firm is in Northfield, MN. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 651-233-1100 or by fax 651-304-1555. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at prairieviewpartners.com and its LinkedIn profile.