Ranstrom Financial Planning Services, LLC (Fargo)


Ranstrom Financial Planning Services, LLC is a large advisory firm based in Fargo. It manages $145.14 million of regulatory assets for 1,165 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, California, Minnesota, and 5 other states.

Ranstrom Financial Planning Services provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ranstrom Financial Planning Services: assets under management

The assets under management (AUM) of Ranstrom Financial Planning Services, LLC is $145.14 million. The firm's AUM has grown by 33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $138.08 million in discretionary accounts and $7.06 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $136.31 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $46.42 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ranstrom Financial Planning Services, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

Careers at Ranstrom Financial Planning Services, LLC

Doyle Arvid Ranstrom has been acting as President since 1 Aug 2011. Courtney Elizabeth Ranstrom joined the executive team most recently as the Secretary/Treasurer/Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Doyle Arvid Ranstrom President 1 Aug 2011 50% - 75% 1194105
Courtney Elizabeth Ranstrom Secretary/treasurer/chief compliance officer 1 Aug 2011 Other 5648835
Morgan K Ranstrom Vice president 1 Aug 2011 Other 4674255
Ryan Steven Berg Vice president 1 Aug 2011 Other 4718436

Based in Fargo

The principal office where Ranstrom Financial Planning Services, LLC performs its advisory services is located at 2632 47 Th St S., Fargo, ND 58104, which is also the mailing address of the firm. An additional office of the firm is in Portland, OR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 701-293-5789 or by fax 701-293-0331. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at www.ranstrom.com.