Aspen Private Advisors

Wealth Management Firm in Lincoln County, SD

Firm Info
Address: 5201 S Western Ave #103, Sioux Falls, SD 57108, USA
Phone: (605) 951-9620

Firm Size
Assets Under Management: $145.1 million
# of Advisors: 4
# of Clients: 405
Client to Advisor Ratio: 101:1
Average Account Size: $358,383
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Portfolio Management for Businesses or Institutional Clients
  • Pension Consulting Services

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pension & Profit Sharing Plans
  • Charitable Organizations

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Fixed Fees (Other than subscription)

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Aspen Private Advisors, LLC Overview

Aspen Private Advisors, LLC is a registered investment advisory (RIA) firm that provides investment advice only. The firm was founded in 2018 and is headquartered in Sioux Falls, SD. Aspen Private Advisors offers a fee-only arrangement, which means that clients only pay for the investment advice provided, rather than commissions or other hidden fees. The firm's services include financial planning, portfolio management for individuals and small businesses, portfolio management for businesses or institutional clients, and pension consulting services. Aspen Private Advisors offers tailored investment recommendations and strategies to help clients meet their financial goals, whether they are saving for retirement, building wealth, or managing their assets. As a fee-only RIA, Aspen Private Advisors puts their clients' interests first. The firm's investment strategies are designed to minimize risk and maximize returns, while keeping costs low. The firm's experienced investment professionals work closely with clients to develop customized investment plans that take into account their individual financial situations, investment goals, and risk tolerance. Overall, Aspen Private Advisors, LLC is a trusted and reliable investment advisory firm that provides personalized investment advice and portfolio management services to individuals, small businesses, and institutional clients.

ASPEN PRIVATE ADVISORS, LLC caters to a diverse range of clients, including individuals, high net worth individuals, pension or profit sharing plans, and charitable organizations. With a keen focus on providing customized solutions that cater to each client's unique requirements, ASPEN PRIVATE ADVISORS, LLC aims to offer an unparalleled experience that ensures maximum customer satisfaction. When it comes to the fee structures available, ASPEN PRIVATE ADVISORS, LLC offers flexible options that depend on the service provided. Clients can choose from a percentage of assets under management (AUM), hourly fees, or fixed fees, depending on their specific requirements and preferences. The percentage of AUM is a commonly used fee structure, where the advisor charges a percentage of the client's total assets under management. Hourly fees are charged based on the amount of time the advisor spends on the client's specific needs. Fixed fees are one-time charges, usually associated with a specific portfolio or project. With these various fee structures, ASPEN PRIVATE ADVISORS, LLC ensures that clients receive personalized solutions that fit their financial goals and objectives.

Typical Clients, Fee Structures & Investment Minimum

According to Aspen Private Advisors, LLC's Part 2 Brochure, there is an investment minimum requirement for their services. The note states that "Aspen has minimum account values of $1,000,000, which are subject to change at any time in Aspen’s sole discretion." Therefore, it can be inferred that the investment minimum for Aspen Private Advisors, LLC is currently $1,000,000, but this amount may change at any time at their discretion.

How This Office Can Help Lincoln County, SD Residents

Cabot Wealth Management offers a range of financial advisory services to clients in Salem, MA, including portfolio management, retirement planning, tax planning, and estate planning. Their team of experienced financial advisors works closely with each client to assess their unique financial situation and design a customized strategy to help them achieve their financial goals. For example, as Salem is a historic coastal town with a thriving tourism industry, Cabot Wealth Management may help clients who are small business owners in the hospitality industry to establish retirement plans for their employees or develop a tax-efficient strategy for their business. Additionally, many residents of Salem may be facing complex estate planning issues, particularly if they own historic properties or have significant assets. Cabot Wealth Management can help these clients develop a comprehensive estate plan that takes into account their unique assets, family dynamics, and charitable giving priorities. Ultimately, the firm's goal is to provide clients in Salem with financial peace of mind and help them build a secure financial future for themselves and their families.

To view the Minimum Investment and Fee Schedule for Aspen Private Advisors, LLC, visit their Part 2 Brochure.

Services Offered by Aspen Private Advisors, LLC

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Aspen Private Advisors, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Hourly
Fixed Fees (Other than subscription)
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 5201 S Western Ave #103, Sioux Falls, SD 57108, USA
Phone (605) 951-9620
Directions
Google My Business Reviews:
5 Stars

Other Office Locations

This firm has no other locations.

State Registrations

Aspen Private Advisors, LLC is registered to service clients in the following states:

  • South Dakota
  • Texas

Disciplinary History

Aspen Private Advisors, LLC does not have any disclosures. Please visit it's Form ADV for more details.