Kent Schutte
Kent Schutte is a CFP-designated registered investment advisor at Advanced Advisor Group, LLC, based in Cambridge, MN, with 40 years of industry experience. Kent is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Estate Planning, Investment Management, Retirement Planning, and 1 more. 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 have a separate fee schedule (0.60% for under $100,000 and 0.36% for $100,000 and above).
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.
Exams
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