Berthel Fisher & Company Financial Services, Inc.

Broker-DealerFINRA MemberEst. 2003

Total AUM

$906M

Discretionary

$438M

48% of AUM

Accounts

3,352

Employees

100

Advisory reps

294

Brokerage reps

100

Firm details

Headquarters: Cedar Rapids, Iowa
CRD number: 13609
Registered since: August 27, 2003
Website: www.berthel.com
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Commissions
Client types: Individuals79.42%
HNWI17.78%
Corporations / Businesses2.25%
Pension & Profit Sharing Plans0.55%
Services: Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

Berthel Fisher & Company Financial Services, Inc. operates as an independent broker-dealer and capital allocator that serves both individual/family and institutional clients. The firm is structured as a corporation and has been SEC-registered since 2003. Its business activities combine broker-dealer and insurance brokerage services with advisory offerings that include financial planning, portfolio management for individuals and small businesses, and the selection of third-party advisers. Compensation is multi-channel: percentage-of-AUM advisory fees alongside hourly and fixed fees, plus commission-based revenues tied to brokerage and insurance products. The firm does not identify itself as an active ESG investor. Regulatory and industry affiliations noted for the organization include broker-dealer, other investment adviser, insurance company, and sponsor of limited partnerships (excluding pooled investment vehicles).