Berthel, Fisher & Company Financial Services, Inc. is a large advisory firm based in Cedar Rapids. It manages $610.25 million of regulatory assets for 3,993 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Alabama, Arizona, California, and 42 other states.
Berthel, Fisher & Company Financial Services provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Berthel, Fisher & Company Financial Services, Inc. is $610.25 million. The firm's AUM has grown by 2275% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Berthel, Fisher & Company Financial Services, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Richard Maurice Murphy is individuals with 3,886 clients and $484.15 million of assets under management. Among the 10 most similar advisory firms, Berthel, Fisher & Company Financial Services has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $610.25 million for 3,993 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Berthel, Fisher & Company Financial Services doesn't advise any private funds.
The company employs 118 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 118 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Richard Maurice Murphy has been acting as President since 1 Jan 2011. Erin Kathleen Burke joined the executive team most recently as the Chief Compliance Officer/Chief Risk Officer.
The principal office where Berthel, Fisher & Company Financial Services, Inc. performs its advisory services is located at 4201 42 Nd Street Ne, Cedar Rapids, IA 52402, which is also the mailing address of the firm. An additional office of the firm is in Bloomfield Hills, MI. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 319-447-5700 or by fax 319-447-4244. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at berthel.com.