North Compass Financial Advisors, LLC (Grand Rapids)


North Compass Financial Advisors, LLC is an adviser based in Grand Rapids. It manages $58.52 million of regulatory assets for 620 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Minnesota and Wisconsin.

North Compass Financial Advisors provides portfolio management for individuals and small businesses, pension consulting services, and investment consultations. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

North Compass Financial Advisors: assets under management

The assets under management (AUM) of North Compass Financial Advisors, LLC is $58.52 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $58.52 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $94.38 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay North Compass Financial Advisors, LLC for their services and products based on a percentage of assets under management. 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.

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Bruce Togatchnik President 1 Mar 2007 25% - 50% 5537924
Bruce Pogatchnik President 1 Mar 2007 25% - 50% 5537924
Ronald Dean Carlson Chief financial advisor 1 Mar 2008 Other 1856615

Based in Grand Rapids

The principal office where North Compass Financial Advisors, LLC performs its advisory services is located at 21 Ne 5 Th Street, Suite 301, Grand Rapids, MN 55744, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 218-326-4722 or by fax 218-327-6997. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at www.northcompassfinancial.com.