Steven Liebzeit is a registered investment advisor at Efs Advisors, based in Cambridge, MN, with 26 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 21,701 clients with $2.4B 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% |
Clients participating in the Managed by EFS program through Security Benefit Group are charged 0.96% from $0-$500,000 in assets under management. EFS Advisors Choice clients with account balances under $25,000 will pay EFS an administrative fee of $14 per year, to be deducted from their account balances at a rate of $3.50 per quarter. This administrative fee is in addition to the asset-based advisory fee. 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.
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 →Employment History
Current Registrations
Efs Advisors
Advanced Advisor Group, LLC
Advanced Advisor Group, LLC
Advanced Advisor Group, LLCBroker
Previous Registrations
Thrivent Investment Management INC.
Thrivent Investment Management INC.Broker
Farmers Financial Solutions, LLCBroker
LPL Financial LLC
LPL Financial LLCBroker
Cetera Investment Advisers LLC
Cetera Investment Services LLCBroker
Cetera Investment Services LLC
Bancwest Investment Services, INC. (bwis) and Bwis D/b/a Fhis
Bancwest Investment Services, INC.Broker
Securities Equity GroupBroker
Uboc Investment Services, INC.
Uboc Investment Services, INC.Broker
Wells Fargo Securities INC.Broker
Marketing One Securities, INC.Broker
State Registrations31 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.