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Alexander Kronick

29 Years of Experience
Eden Prairie, MN
BrokerSells Insurance

Alexander Kronick is a registered investment advisor at Cambridge Investment Research Advisors, INC., based in Eden Prairie, MN, with 29 years of industry experience. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 323,031 clients with $100B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3935 advisors
Number of Clients
323,031 clients
Average Client Portfolio
$317K average
Assets Under Management
$102.4B

Fee Structure

Cambridge Investment Research Advisors (CIRA) offers investment management services through several platforms. Fees are based on a percentage of your portfolio's value and are negotiable. The maximum annual fee is 2.25%. Fees can be structured as flat, tiered, or breakpoint. You may also encounter setup fees and service fees. Fees are typically deducted directly from your account. CIRA also offers WealthPort, a wrap fee program with inclusive fees. The WealthPort maximum advisory fee is 2.25% annually.

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Location

300 Prairie Center Dr., Ste. 210, Eden Prairie, MN, 55344

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

Alexander is an independent insurance agent for various companies through AdvisorNet Insurance. He also owns Alexander Capital Management and works as an advisory representative for CIRA, spending nearly full-time hours trading. Additionally, Alexander is a trustee for a minor child's trust, dedicating a few hours per week.

Employment History
Current Registrations
Cambridge Investment Research Advisors, INC.
November 2013 - Present · 12 yrs 8 mos
Cambridge Investment Research, INC.Broker
June 2010 - Present · 16 yrs 1 mo
Previous Registrations
Financial Network Investment CorporationBroker
September 1998 - June 2010 · 11 yrs 9 mos
Aegis Investments, INC.Broker
July 1996 - September 1998 · 2 yrs 2 mos
State Registrations9 states
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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.