Berger Financial Group

RIASEC Registered

Total AUM

$2.9B

Discretionary

$2.9B

100% of AUM

Avg account

$265K

Accounts

11,139

Employees

Advisory reps

Firm details

Headquarters: Plymouth, Minnesota
CRD number: 308174
Registered since: June 16, 2020
Website: www.bergerfinancialgroup.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Individuals70.04%
HNWI29.37%
Corporations / Businesses0.38%
State / Municipal Government0.13%
Charitable Organizations0.08%
Services: Financial PlanningPortfolio Management for IndividualsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Berger Financial Group is an independent registered investment adviser that provides financial planning and portfolio management to individuals, families and some institutional clients. The firm is SEC-registered (2020) and operates as a limited liability company owned by a domestic entity and an individual. Its advisory work includes financial planning, portfolio management for individuals and small businesses, and educational seminars or workshops; the firm also conducts insurance brokerage and accounting services. Berger charges clients through a mix of percentage-of-AUM fees as well as hourly and fixed-fee arrangements. Its client base is primarily individual and family accounts, with institutional relationships as well. The firm does not identify as an active ESG investor.