Strategic Asset Management LLC

RIASEC Registered
Total AUM
$218M
Discretionary
$218M
100% of AUM
Avg account
$937K
Accounts
233
Employees
11
Advisory reps
12

Firm details

Headquarters
Rochester, Minnesota
CRD number
306384
Registered since
February 26, 2021
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees
Client types
  • HNWI60.54%
  • Individuals38.09%
  • Charitable Organizations1.34%
  • Corporations / Businesses0.03%
Services
Financial PlanningPortfolio Management for Individuals

Firm profile

FINTRX

Overview

Strategic Asset Management LLC is an independent, individual-owned RIA that registered with the SEC in 2021. The firm serves primarily individual and family clients and provides financial planning and portfolio management for individuals and small businesses. Compensation is a mix of percentage-of-AUM fees and fixed fees. The firm also operates as an insurance broker and lists an affiliation with an insurance company, which appears to influence product mix and client solutions. Strategic Asset Management is not identified as an active ESG investor and does not present itself as a capital allocator.

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 83%, Exchange Traded Equities 13%, Cash & Cash Equivalents 3%, US Government Bonds 1%83%
  • Public Funds/Mutual Funds83%
  • Exchange Traded Equities13%
  • Cash & Cash Equivalents3%
  • US Government Bonds1%

Owners & executives

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 285

Active vs passive

$58.8M in ETFs

Passive

81%

$47.4M

Active

19%

$11.3M

ETFProviderStyleCategoryValueShares% of portfolio
SPDR(R) PORTFOLIO S&P 500 ETF (SPLG)State StreetPassiveLarge Blend$4.3M103,4747.39%

Location

Primary office

Rochester, MN

Olmsted

Location

Rochester, MN

Headquartered in Rochester, MN, anchoring the Rochester-Austin, MN metro in the Midwest.

Metro area
Rochester-Austin, MN
Region
Midwest
County
Olmsted
Address
2434 Superior Dr Nw
Time zone
CT (UTC-6)
Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth