TrueAdvisor
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MN
CFP
MN
CFP

Matthew Niederbaumer

Northrock Partners, LLC
24 Years of Experience
Watertown, SD
5 Disclosures
View SEC Summary
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Matthew Niederbaumer is a CFP-designated registered investment advisor at Northrock Partners, LLC, based in Watertown, SD, with 24 years of industry experience. Matthew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Business Owners, Charitable Giving, Corporate Executives, and 9 more. Their firm serves 4,811 clients with $12B in assets under management.

Northrock Partners, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
92 advisors
Number of Clients
4,811 clients
Average Client Portfolio
$2.5M average
Assets Under Management
$12.2B

Fee Structure

Minimum Investment:None
Planning is included in investment management
Minimum Annual Fee:$5,000
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.50%

Annual fee ranges between 0.50% and 1.50% based on the size, nature, and complexity of the relationship. An additional 0.25% account-level fee applies to assets held at Schwab and Fidelity for account servicing and operational costs. There is a minimum annual fee of $5,000.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

807 S Maple Street, Watertown, SD, 57201

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History

Regulatory History (5)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Regulatory
January 2018
Final
Regulatory
November 2017
Final
Regulatory
May 2017
Final
Regulatory
December 2016
Final
Civil Bond
June 2016
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Matthew is the chief manager of Psalm 100 LLC, where he manages bills and payments, dedicating minimal time. He also has ownership stakes in If You Build It LLC, VFP Enterprises LLC, VFP Tax Services LLC, and VF Ventures LLC, all related to owning office buildings or providing tax preparation services, and spends a few hours per week on these ventures.

Employment History
Current Registrations
Northrock Partners, LLC
April 2026 - Present · 6 mos
Previous Registrations
Vantage Financial Partners, LLC
September 2021 - April 2026 · 4 yrs 7 mos
Thrivent Advisor Network, LLC
May 2020 - August 2021 · 1 yr 3 mos
Thrivent Investment Management INC.
March 2003 - May 2020 · 17 yrs 2 mos
Thrivent Investment Management INC.Broker
July 2002 - May 2020 · 17 yrs 10 mos
State Registrations1 state
SD
Advisor

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.
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