Split Rock Private Trading And Wealth Management LLC, based out of Cloquet, MN, is a prominent investment advisory firm dedicated to providing exceptional financial services to its clients. With a team of seven highly skilled professionals, including six investment advisors, Split Rock offers expert guidance and management for their clients' wealth.
The firm boasts an impressive average of approximately $209,760,000 in assets under management per investment advisor, surpassing the industry average. Their compensation structure includes various models, such as a percentage of assets under management, ensuring a client-centric approach.
Split Rock Private Trading And Wealth Management LLC takes pride in their extensive client base, serving over 800 individual clients with assets under management exceeding $183,073,000. Notably, more than 80% of these assets are derived from employer 401K plans and individuals. This demonstrates their expertise in managing 401K plans for both employers and employees.
The firm's investment approach is largely discretionary, with 97% of the assets they manage falling under this category. This discretionary strategy allows Split Rock to make well-informed decisions and tailor investment portfolios to meet the unique needs and objectives of their clients.
As a local investment advisory firm, Split Rock Private Trading And Wealth Management LLC has established a strong presence in Cloquet, MN, and operates from two convenient offices. The firm's reputation is built upon the expertise and dedication of their longest-tenured advisors, including Kelly Johnson, Mark Cool, and Tyler Kocon, who bring a wealth of experience to their clients' financial endeavors.