Kent Schutte
Kent Schutte is a CFP-designated registered investment advisor at Advanced Advisor Group, LLC, based in Cambridge, MN, with 39 years of industry experience. Kent operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 58 clients with $11M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $210K | 1.04% |
| $210K - $500K | 0.96% |
| $500K - $1.0M | 0.88% |
| $1.0M - $3.0M | 0.80% |
| $3.0M - $5.0M | 0.72% |
| $5.0M - $10.0M | 0.68% |
| $10M+ | 0.60% |
Fixed Income and Cash Management Accounts include a limited selection of investments, such as CDs, money market accounts, and certain preapproved, limited funds. If the account contains investments outside of these options, the standard fee schedule applies. The fee schedule for fixed income and cash management accounts is: $0 to $99,999: 0.60%, $100,000 and higher: 0.36%
Fee Estimator
Location
1995 East Rum River Drive S, Cambridge, MN, 55008
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Kent is the president of Educators Financial Services, owns rental properties, is a part-owner of an agricultural business, and co-owns Educators Lifetime Solutions, which sells long-term care. He also owns Educators Aviation, Bryndis Books LLC, Educators Benefits Consultants LLC, and is a board member of ARC Retreat Center.
Employment History
Current Registrations
Advanced Advisor Group, LLC
Advanced Advisor Group, LLCBroker
Efs Advisors
Previous Registrations
Great American Advisors, INC.Broker
Pmg Securities CorporationBroker
Nationwide Investment Services CorporationBroker
Nationwide Advisory Services, INC.Broker
Investors Brokerage Services, INC.Broker
New England SecuritiesBroker
Horace Mann Investors INCBroker
State Registrations26 states
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.