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Lenander Financial Advisory, Inc. (Richfield)


Lenander Financial Advisory, Inc. is a large advisory firm based in Richfield. It manages $25.58 million of regulatory assets for 395 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Florida, Minnesota, and Wisconsin.

Lenander Financial Advisory provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lenander Financial Advisory: assets under management

The assets under management (AUM) of Lenander Financial Advisory, Inc. is $25.58 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $25.58 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $64.76 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lenander Financial Advisory, Inc. for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Richfield

The principal office where Lenander Financial Advisory, Inc. performs its advisory services is located at 6640 Lyndale Avenue South, Richfield, MN 55423 2312, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 612-877-3177 or by fax 612-877-3188. The normal business hours are 8am-5pm on Monday - Friday.


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