JT
CFP
JT
CFP

Jeffrey Thorup

34 Years of Experience
Minneapolis, MN
1 DisclosureBrokerSells Insurance

Jeffrey Thorup is a CFP-designated registered investment advisor at Focus Financial, based in Minneapolis, MN, with 34 years of industry experience. Jeffrey operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Retirement Planning, Tax Planning. Their firm serves 14,027 clients with $6.3B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
119 advisors
Number of Clients
14,027 clients
Average Client Portfolio
$446K average
Assets Under Management
$6.3B

Fee Structure

Focus Financial Network offers personalized investment management services where advisors manage your investments based on your individual needs. Fees are typically charged quarterly, in advance, based on the value of your portfolio. The fee percentage is determined by your advisor and depends on factors like the type of service, account size, and complexity. FFN offers flat, linear, and tiered fee schedules. With a flat fee, your entire portfolio is billed at one percentage rate. With a linear fee schedule, the fee percentage decreases at intervals as your account value grows, and the resulting fee percentage is applied to the entire balance. With a tiered fee schedule, the asset values fall within separate tiers, and the corresponding decreasing percentage is applied to each tier.

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Location

1300 Godward Street Ne, Suite 5500, Minneapolis, MN, 55413

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
December 2020
Denied
Other Business ActivitiesSells Insurance

Jeffrey is the President of Thorup Financial Services, Inc. and a Financial Advisor at Focus Financial Network, Inc., dedicating nearly full-time hours to the latter. He also works as an insurance agent selling fixed insurance products through Focus Financial Network, Inc.

Employment History
Current Registrations
Focus Financial
September 2005 - Present · 20 yrs 8 mos
Osaic Wealth, INC.Broker
April 1995 - Present · 31 yrs 1 mo
Previous Registrations
Workman Securities CorporationBroker
March 1995 - April 1995 · 1 mo
American Express Financial Advisors INC.Broker
October 1991 - March 1995 · 3 yrs 5 mos
Ids Life Insurance CompanyBroker
October 1991 - March 1995 · 3 yrs 5 mos
State Registrations8 states
AZCAFLMNNMSDTXWI
AdvisorBrokerBoth

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.