Franke Financial Services, Inc. (Chanhassen)

Name: Franke Financial Services, Inc.
Address: 1851 Lake Drive West, Chanhassen, MN, 55317
Telephone: 952-448-9423

Franke Financial Services, Inc. is a large advisory firm based in Chanhassen. It manages $58.82 million of regulatory assets for 132 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of Minnesota.

Franke Financial Services provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Franke Financial Services: assets under management

The assets under management (AUM) of Franke Financial Services, Inc. is $58.82 million. The company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Franke Financial Services, Inc. for their services and products based on a percentage of assets under management, hourly charges, and commissions. 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.

Careers at Franke Financial Services, Inc.

William Albert Franke has been acting as President since 1 Jan 1986. John Charles Stanley joined the executive team most recently as the Secretary Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Albert Franke	President	1 Jan 1986	25% - 50%	723790
David Clement Laurion	Vice-president	1 Jan 1986	25% - 50%	724004
John Charles Stanley	Secretary-treasurer	1 Jul 1989	25% - 50%	720930
William Albert Franke	Chief compliance officer	1 Sep 2004	75% - 100%	723790

Based in Chanhassen

The principal office where Franke Financial Services, Inc. performs its advisory services is located at 1851 Lake Drive West, Chanhassen, MN 55317, 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 952-448-9423 or by fax 952-448-9427. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at rjf.com/flsfinancial/.