LFA

RIASEC RegisteredEst. 2004
Total AUM
$351M
Discretionary
$339M
96% of AUM
Avg account
$408K
Accounts
862
Employees
7
Advisory reps
7

Firm details

Headquarters
SAINT CLOUD, Minnesota
CRD number
114674
Registered since
May 14, 2004
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI55.23%
  • Individuals23.44%
  • Charitable Organizations9.81%
  • Pension & Profit Sharing Plans5.88%
  • Corporations / Businesses5.64%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension Consulting

Firm profile

FINTRX

Overview

LFA is an independent registered investment adviser organized as a corporation and owned by an individual. The firm serves both individual and family clients as well as institutional clients, and its advisory offerings include financial planning, portfolio management for individuals/small businesses and for businesses or institutions, and pension consulting services. Its fee arrangements are flexible: percentage-of-AUM billing is available alongside hourly and fixed-fee engagements. LFA does not identify as an active ESG investor and does not operate as a capital allocator to third-party managers.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 47%, Cash & Cash Equivalents 27%, Exchange Traded Equities 26%47%
  • Public Funds/Mutual Funds47%
  • Cash & Cash Equivalents27%
  • Exchange Traded Equities26%

Owners & executives

3 of 3
  • KIMBERLY FOSTER

    Chief Compliance Officer & Financial AdvisorCRD 3134613

  • JAMES SCHMITZ

    Vice President, COOCRD 5543666

  • CHRISTOPHER WAYNE

    President and CEOCRD 4534014

Contacts

3 of 4
  • PATRICK SOLYNTJES

    Financial ConsultantCRD 2712992

  • STEVEN LARAWAY

    FounderCRD 2250246

  • Jennifer Lesmeister

    Financial AdvisorCRD 6921475

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Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 87

Active vs passive

$113M in ETFs

Passive

92%

$103M

Active

7%

$9.6M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD VALUE INDEX FUND (VTV)VanguardPassiveLarge Value$6.8M34,6056.02%

Location

Primary office

SAINT CLOUD, MN

STEARNS

Location

SAINT CLOUD, MN

Headquartered in SAINT CLOUD, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.

Metro area
Minneapolis-St. Paul, MN-WI
Region
Midwest
County
STEARNS
Address
1219 33rd St S
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth