Ryan Benning
Ryan Benning is a registered investment advisor at Bfc Planning, INC., based in Bismarck, ND, with 25 years of industry experience. Ryan operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 3 more. Their firm serves 6,720 clients with $2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
BFC Planning offers asset management services through various platforms. Fees are based on the amount of assets managed and can vary depending on the platform and the IAR. The maximum allowable fee is 2.5% annually. Fees may be charged in advance or arrears, monthly or quarterly. Clients may also incur charges from third parties, such as mutual fund expenses and IRA fees. Some platforms have minimum account sizes.
Platforms include:
- Berthel Edge
- BFC Advisory program
- American Funds Direct F-2 Share Class Program
- Institutional RIA Platform
- Variable Annuity/Variable Life Sponsors
- Envestnet’s Managed Account Solutions
- Sub-Advisory Platforms
- Held Away Accounts
Location
4501 Coleman Street, Suite 208, Bismarck, ND, 58503-0997
Get directionsHistory
Regulatory History (3)
Customer Dispute
July 2020Customer Dispute
July 2016Customer Dispute
May 2013Other Business Activities
Ryan is the owner of Benning Financial Services and Benning Financial, focusing on securities and investment planning. He also has a small ownership stake in Roers Real Estate Development, rents office space, and owns Benning Enterprises. Finally, Ryan is the owner of Ascend Wealth Team, which is a DBA for his securities business, and spends a few hours per week on it.
Employment History
Current Registrations
Bfc Planning, INC.
Berthel, Fisher & Company Financial Services, INC.Broker
State Registrations15 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.