James Steffen
James Steffen is a CFP-designated registered investment advisor at Trott Brook Financial, based in Anoka, MN, with 32 years of industry experience. James operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Insurance Planning, and 3 more. Their firm serves 155 clients with $120M 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 $500K | 1.40% |
| $500K - $1.0M | 1.25% |
| $1.0M - $2.5M | 1.00% |
| $2.5M - $5.0M | 0.80% |
| $5M+ | 0.60% |
The annual fee is not negotiable. Trott Brook may utilize sub-advisors who may use proprietary funds where they are compensated based on the internal expenses of the proprietary fund.
Fee Estimator
Location
3601 Thurston Ave, Suite 102, Anoka, MN, 55303
Get directionsHistory
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
James operates Trott Brook Financial, an investment advisory business, and is a registered representative with LaSalle St Securities. He also sells fixed insurance and serves as Treasurer for Achieve Services, dedicating minimal time to each of these roles.
Employment History
Current Registrations
Trott Brook Financial
Lasalle St Securities, L.L.C.Broker
Previous Registrations
LPL Financial LLC
LPL Financial LLCBroker
Royal Alliance Associates, INC.Broker
MML Investors Services, INC.Broker
State Registrations8 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.