Peter Thoresen is a registered investment advisor at Redhawk Wealth Advisors, INC., based in Minneapolis, MN, with 22 years of industry experience. Peter operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 3,283 clients with $1.8B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Redhawk Wealth Advisors charges a fee based on a percentage of the assets they manage for you. This fee covers investment advice, trade entry, and account maintenance. The exact fee is detailed in your Investment Management Agreement and can vary based on the size and complexity of your portfolio. Starter accounts (less than $5,000) are charged a flat $50 annual fee. A technology fee is also applied: $5/month for accounts over $10,000 and $2.50/month for accounts under $10,000.
Location
600 Highway 169 South, Suite 1140, Minneapolis, MN, 55426
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Peter is a board member/treasurer for Pike Lake Woods Townhomes, a member of PCT Partners, LLC (formed to manage office expenses), and a member of West End Partners, LLC (a holding company for his advisory business). He also owns Thoresen Advisory LLC, established for tax purposes to pay himself a salary.
Employment History
Current Registrations
Redhawk Wealth Advisors, INC.
Previous Registrations
Focus Financial
Osaic Wealth, INC.Broker
AXA Advisors, LLCBroker
State Registrations1 state
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.