EFS Advisors

RIASEC RegisteredEst. 2004

Total AUM

$2.4B

Discretionary

$2.2B

92% of AUM

Avg account

$81.6K

Accounts

29,438

Employees

Advisory reps

Firm details

Headquarters: Cambridge, Minnesota
CRD number: 115211
Registered since: March 11, 2004
Website: efsadvisors.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges
Client types: Individuals97.12%
Pension & Profit Sharing Plans2.49%
Insurance Companies0.19%
Corporations / Businesses0.14%
Charitable Organizations0.05%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

EFS Advisors is an SEC-registered advisory firm organized as a limited liability company and operating since 2004. The firm serves both individual and family clients as well as institutional entities, combining investment management with financial planning and educational services. Its advisory scope includes portfolio management for individuals, small businesses and institutions, pension consulting, publication of client-facing periodicals, and workshops or seminars. EFS also acts as an insurance broker and charges clients primarily on a percentage-of-AUM basis, with hourly engagements available for certain work. The firm appeared on industry lists in 2020, including Financial Times’ Top 300 RIA Firms and FA Magazine’s Top RIA Firms.