Douglas Wanous is a registered investment advisor at Efs Advisors, based in Rochester, MN, with 5 years of industry experience. Douglas is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, Investment Management, Retirement Planning. Their firm serves 21,701 clients with $2.4B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $210K | 1.04% |
| $210K - $500K | 0.96% |
| $500K - $1.0M | 0.88% |
| $1.0M - $3.0M | 0.80% |
| $3.0M - $5.0M | 0.72% |
| $5.0M - $10.0M | 0.68% |
| $10M+ | 0.60% |
Fixed income and cash management accounts use a separate schedule (0.60% up to $100k, 0.36% above). Security Benefit Group participants pay 0.96% up to $500k. Accounts under $25,000 pay an additional $14 annual administrative fee.
Fee Estimator
Location
2778 Commerce Drive NW, Suite B, Rochester, MN, 55901
Get directionsHistory
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 Activities
Douglas works as a teacher/coach with Owatonna Public Schools, dedicating full-time hours during trading hours. He also manages the Halliday Family Partnership, overseeing family real estate property holdings for minimal time each month.
Employment History
Current Registrations
Efs Advisors
Advanced Advisor Group, LLC
Advanced Advisor Group, LLCBroker
State Registrations3 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.
Exams
More Advisors
- Terry Nelson, CFP, ChFCGeneos Wealth Management, INC.
- Kelly Anderson, CFPCetera Investment Advisers LLC
- Jack Zinser, CFPFortress Financial Group, LLC
- Michael Hoffman, CFPAmeriprise Financial Services, LLC
- Thomas Knutson, CFPMako Wealth Group
- Bradley Schroeder, CFPLPL Financial LLC