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CFP

Robert Klefsaas

Sequoia Financial Group, L.L.C.
12 Years of Experience
Minneapolis, MN
1 Disclosure
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Robert Klefsaas is a CFP-designated registered investment advisor at Sequoia Financial Group, L.L.C., based in Minneapolis, MN, with 12 years of industry experience. Robert operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Charitable Giving, Corporate Executives, Education Planning, and 6 more. Their firm serves 11,218 clients with $32B in assets under management.

Sequoia Financial Group, L.L.C.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
255 advisors
Number of Clients
11,218 clients
Average Client Portfolio
$2.9M average
Assets Under Management
$32.2B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)

Sequoia Financial Advisors charges for investment management as a percentage of your portfolio, a flat retainer, or through legacy fee structures. The exact fee is negotiable based on your financial situation, the amount of your investments, and the complexity of your needs. Fees are typically billed quarterly in advance, quarterly in arrears, or monthly in advance.

While the firm does not currently impose a minimum account size for investment management, fee arrangements vary widely based on your specific client agreement.

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Location

3800 American Blvd West, Minneapolis, MN, 55431

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History

Regulatory History (1)
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Customer Dispute
July 2001
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Robert is the Chairman of the Board at Bank Vista, President of Hays Investment Advisors, and affiliated with All Star Financial. He also serves as a Director and Advisor for ID Insight, a bank fraud software company, dedicating a few hours per week.

Employment History
Current Registrations
Sequoia Financial Group, L.L.C.
May 2026 - Present · 5 mos
All Star Financial
November 2022 - Present · 3 yrs 11 mos
Previous Registrations
All Star Financial INC
January 2014 - November 2022 · 8 yrs 10 mos
State Registrations2 states
MNTX
Advisor

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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