Kopp Investment Advisors, LLC is a large advisory firm based in Bloomington. It manages $117.46 million of regulatory assets for 175 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Florida, Illinois, Minnesota, and Texas.
Kopp Investment Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and support services for a family office (research, trading, compliance, back office administration, accounting and tax assistance). It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Kopp Investment Advisors, LLC is $117.46 million. The firm's AUM has gone down by -95% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Kopp Investment Advisors, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Sally Ann Anderson is high net worth individuals with 28 clients and $57.19 million of assets under management. Among the 9 most similar advisory firms, Kopp Investment Advisors has the 4th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $116.6 million for 174 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Kopp Investment Advisors doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 20 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Sally Ann Anderson has been acting as President since 1 Feb 2007. Leroy Clarence Kopp joined the executive team most recently as the Trustee.
The principal office where Kopp Investment Advisors, LLC performs its advisory services is located at 8400 Normandale Lake Boulevard, Bloomington, MN 55437, 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 952-841-0400 or by fax 952-841-0411. The normal business hours are monday-thursday 8-4:30 friday 8-4 on Monday - Friday. You can find more information about the New York firm at koppinvestments.com/.