Cole Backstrom
Cole Backstrom is a CFP-designated registered investment advisor at Cetera Investment Advisers LLC, based in St Paul, MN, with 16 years of industry experience. Cole operates on a fee-only basis, meaning they do not earn commissions from product sales. Their firm serves 584,487 clients with $160B in assets under management.
Compensation
Firm Size
IM Fee
Assets Under Management
Location
3M Center Blvd 2501 Hudson Rd, Building 222-01 Room 1K15, St Paul, MN, 55144-1000
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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 →Other Business ActivitiesSells Insurance
Cole manages the Novation Wealth Management team and works with clients at Novation Credit Union since 2024, dedicating full-time hours. He also sells life, health, disability, annuities, and long-term care insurance with various companies since 2015, and is a general financial manager and partner at Backstrom Capital Group, spending a few hours per week analyzing real estate deals since 2016.
Employment History
Current Registrations
Cetera Investment Advisers LLC
Cetera Wealth Services, LLCBroker
Previous Registrations
Cetera Advisor Networks LLC
State Registrations22 states
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