Family Financial Strategies Inc (Minneapolis)

Family Financial Strategies Inc is a large advisory firm based in Minneapolis. It manages $491.72 million of regulatory assets for 181 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Minnesota, South Dakota, and Washington.

Family Financial Strategies provides financial planning services, portfolio management for individuals and small businesses, and market timing services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Family Financial Strategies: assets under management

The assets under management (AUM) of Family Financial Strategies Inc is $491.72 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $39.52 million in discretionary accounts and $452.2 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.8 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.84 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Family Financial Strategies Inc 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.

Careers at Family Financial Strategies Inc

Family Financial Strategies Inc is owned by John Wunsch. Greg Nelson has been acting as President since 1 Jan 1997. Miggie Ellen Cramblit joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Wunsch	President and ceo/chairman of the board of directors/owner	1 Jan 1997	50% - 75%	2125378
Greg Nelson	Chief financial strategist/corporate secretary/director/owner	1 Jan 1997	50% - 75%	2814247
Miggie Ellen Cramblit	Chief operating officer	1 Jun 1999	Other	4380771

Based in Minneapolis

The principal office where Family Financial Strategies Inc performs its advisory services is located at 701 Xenia Ave South, Minneapolis, MN 55416 1028, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.