Financial Dimensions Group, Inc. (Arden Hills)


Financial Dimensions Group, Inc. is a large advisory firm based in Arden Hills. It manages $958.69 million of regulatory assets for 3,940 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Arizona, California, Colorado, and 16 other states.

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

Financial Dimensions Group: assets under management

The assets under management (AUM) of Financial Dimensions Group, Inc. is $958.69 million. The firm's AUM has grown by 221% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $534.49 million in discretionary accounts and $424.2 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $207.89 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $309.86 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 86% of the total AUM. The second-largest asset type is exchange traded securities, which make up 9% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Financial Dimensions Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Gary Lester Eilefson serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Gary Lester Eilefson is individuals with 2,035 clients and $820.06 million of assets under management. Among the 9 most similar advisory firms, Financial Dimensions Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $956.13 million for 2,085 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.

Financial Dimensions Group doesn't advise any private funds.

Careers at Financial Dimensions Group, Inc.

The company employs 43 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 43 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.

Gary Lester Eilefson has been acting as President since 1 May 1995. Gregg Richard Anderson joined the executive team most recently as the President, Director, Cco.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Gregg Richard Anderson President, director, cco 1 May 1995 25% - 50% 846528
Gary Lester Eilefson Director 1 May 1995 Other 76425
Christopher Leigh Pankratz Director 1 May 1995 Other 1784130
Gloria Jean Pozzini Director 1 May 1995 Other 1551179
Stephen John Wayne Director 1 May 1995 Other 460454
Peter Lloyd Anderson Director 1 May 1995 Other 1577547

Based in Arden Hills

The principal office where Financial Dimensions Group, Inc. performs its advisory services is located at 6 Pine Tree Drive, Arden Hills, MN 55112, which is also the mailing address of the firm. An additional office of the firm is in Little Canada, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 651-481-6280 or by fax 651-481-6289. The normal business hours are 8:00 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at fdgadvisors.com.