Arkfeld Wealth Strategies, L.L.C. (Omaha)

Name: Arkfeld Wealth Strategies, L.L.C.
Address: 3512 N. 163 Rd Plaza, Omaha, NE, 68116
Telephone: 402-933-1970

Arkfeld Wealth Strategies, L.L.C. is a large advisory firm based in Omaha. It manages $191.79 million of regulatory assets for 973 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Florida, and 4 other states.

Arkfeld Wealth Strategies, L.L.C provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Arkfeld Wealth Strategies, L.L.C: assets under management

The assets under management (AUM) of Arkfeld Wealth Strategies, L.L.C. is $191.79 million. The firm's AUM has grown by 5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $146.81 million in discretionary accounts and $44.98 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $190.91 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $220.5 thousand.

Arkfeld Wealth Strategies, L.L.C has custody of $53.48 million in cash and securities for 221 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is investment and business development companies, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Arkfeld Wealth Strategies, L.L.C. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Arkfeld Wealth Strategies, L.L.C serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Arkfeld Wealth Strategies, L.L.C is high net worth individuals with 232 clients and $129.22 million of assets under management. Among the 10 most similar advisory firms, Arkfeld Wealth Strategies, L.L.C has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $190.28 million for 342 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.

Arkfeld Wealth Strategies, L.L.C doesn't advise any private funds.

Careers at Arkfeld Wealth Strategies, L.L.C.

The company employs 6 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Jay Arkfeld	Managing member / cco	1 Apr 2012	75% - 100%	2767128

Based in Omaha

The principal office where Arkfeld Wealth Strategies, L.L.C. performs its advisory services is located at 3512 N. 163 Rd Plaza, Omaha, NE 68116, 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 402-933-1970 or by fax 402-932-6062. The normal business hours are 8:00 a.m. to 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at arkfeldwealth.com.