Kdv Wealth Management LLC (Bloomington)

Name: Kdv Wealth Management LLC
Address: 3800 American Blvd, Bloomington, MN, 55431
Telephone: 888-812-3533

Kdv Wealth Management LLC is a large advisory firm based in Bloomington. It manages $1.13 billion of regulatory assets for 1,446 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Iowa, Minnesota, South Dakota, and Virginia.

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

Kdv Wealth Management: assets under management

The assets under management (AUM) of Kdv Wealth Management LLC is $1.13 billion. The firm's AUM has grown by 1477% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $289.25 million in discretionary accounts and $844.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $225.1 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.24 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kdv Wealth Management LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Kdv Wealth Management LLC

Gregory James Stecher joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David H Hinnenkamp	Chief executive officer	1 Jan 2007	Other	4045430
Derek Richard Hoyt	Chief compliance officer	1 Jan 2007	Other	4644343
Loren Marion Viere	Member	1 Jan 2007	Other	4460843
Christopher Paul Shorba	Member	1 Jan 2007	Other	4460855
Dwayne Bernard Dockendorf	Member	1 Jan 2007	Other	4460847
Jennifer Ann Thienes	Member	1 Jan 2007	Other	4460857
Gerald Allan Stover	Member	1 Jan 2007	Other	4460856
Keith Wayne Julson	Member	1 Jan 2007	Other	4460854
Paul David Fisher	Member	1 Jan 2007	Other	4460849
Raymond Earl Holloway	Member	1 Jan 2007	Other	4460851
Steven Glenn Wischmann	Member	1 Jan 2007	Other	5283334
Kern Dewenter Viere Ltd.	Owner	1 Jan 2008	75% - 100%	41-1431613
Ltd Bergankdv	Owner	1 Jan 2008	75% - 100%	41-1431613
Royce Nickolase Nies	Chief compliance officer	1 Dec 2012	Other	817595
Gregory James Stecher	Chief compliance officer	1 Jul 2014	Other	1361184

Based in Bloomington

The principal office where Kdv Wealth Management LLC performs its advisory services is located at 3800 American Blvd, Bloomington, MN 55431, which is also the mailing address of the firm. An additional office of the firm is in St. Cloud, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 888-812-3533 or by fax 952-563-6801. The normal business hours are 8:00am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at kdv.com.