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Business Services Corporation (Rapid City)


Business Services Corporation is a large advisory firm based in Rapid City. It manages $88.93 million of regulatory assets for 69 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of South Dakota.

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Business Services Corporation provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selection of other advisers, and market timing services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Business Services Corporation: assets under management

The assets under management (AUM) of Business Services Corporation is $88.93 million. The firm's AUM has gone down by -8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $76.33 million in discretionary accounts and $12.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.12 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $12.6 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Business Services Corporation for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Rapid City

The principal office where Business Services Corporation performs its advisory services is located at 1010 9 Th Street, Suite 1, Rapid City, SD 57701, 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 605-343-1400 or by fax 605-721-0194. The normal business hours are 7 a.m.- 4:00 p.m. (mt) on Monday - Friday. You can find more information about the New York firm at www.kahlerfinancialgroup.com.


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