Jay Thorp is a registered investment advisor at Advanced Capital Group, based in Minneapolis, MN, with 24 years of industry experience. Jay operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 363 clients with $28B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
ACG's fees for individual wealth management are based on a percentage of your portfolio, charged quarterly. The specific percentage is negotiated with your advisor. ACG requires a $5,000 initial minimum investment. The management fee generally will not exceed 1.00% for managing a diversified portfolio.
Location
50 South Sixth Street, Suite 975, Minneapolis, MN, 55402
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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
Advanced Capital Group
Previous Registrations
Edward JonesBroker
Edward Jones
RBC Capital Markets, LLC
RBC Capital Markets, LLCBroker
Thrivent Investment Management INC.Broker
LPL Financial LLC
LPL Financial LLCBroker
Ameriprise Financial Services, INC.Broker
Ameriprise Financial Services, INC.Broker
Ids Life Insurance CompanyBroker
State Registrations2 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.