Richard Engen
Richard Engen is a ChFC-designated registered investment advisor at Great Plains Advisory Services LLC, based in Fargo, ND, with 31 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Insurance Planning, Investment Management, Retirement Planning. Their firm serves 174 clients with $61M 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 | 1.50% |
| $1M+ | 1.00% |
Fees are negotiable solely at the discretion of a firm principal.
Fee Estimator
Location
Fargo, ND
Get directionsHistory
Regulatory History (2)
Regulatory
May 2012Customer Dispute
October 2009Other Business ActivitiesSells Insurance
Richard is 100% owner of Financial Advantage Wealth Mgmt, which includes securities, advisory, and insurance businesses, taking about a third of his time. He also has ownership stakes in Great Plains Financial Services, Great Plains Advisory Services LLC, Farmland Rental, MCJ Commercial Real Estate, Engen Companies LLC, and IDFUSION LLC.
Employment History
Current Registrations
Great Plains Advisory Services LLC
Great Plains Financial Services, LLPBroker
Previous Registrations
Global Assets Advisory, LLC
International Assets Investment Management, LLC
International Assets Investment Management, LLC
International Assets Advisory, LLCBroker
Vsr Advisory Services
Vsr Financial Services, INC.Broker
Fintegra Financial Solutions
Fintegra, LLCBroker
Berthel, Fisher & Company Financial Services, INC.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Financial Advantage Brokerage Services, INCBroker
Manequity, INC.Broker
State Registrations7 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.