Steven Walstad
Steven Walstad is a registered investment advisor at Compass Financial Management LLC, based in Bloomington, MN, with 28 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 1,350 clients with $520M 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 $1.0M | 1.95% |
| $1.0M - $3.0M | 1.75% |
| $3.0M - $5.0M | 1.50% |
| $5M+ | 1.00% |
Fee Estimator
Location
8400 Normandal Lake Blvd #920, Bloomington, MN, 55437
Get directionsHistory
Regulatory History (3)
Regulatory
December 2014Employment Separation After Allegations
November 2012Customer Dispute
October 2012Other Business ActivitiesSells Insurance
Steven is an independent insurance agent for various independent insurance companies since 1984. This investment-related activity requires minimal time.
Employment History
Current Registrations
Compass Financial Management LLC
Previous Registrations
Independent Investment Advisors INC.
Cambridge Investment Research, INC.Broker
Raymond James Financial Services, INC.Broker
Aig Financial Advisors, INC.Broker
Sunamerica Securities, INC.Broker
John Hancock Distributors, INC.Broker
John Hancock Mutual Life Insurance CompanyBroker
State Registrations1 state
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.