Paradigm, Strategies In Wealth Management, LLC (Maple Grove)

Name: Paradigm, Strategies In Wealth Management, LLC
Address: 11324 86 Th Avenue North, Maple Grove, MN, 55369
Telephone: 763-201-1025

Paradigm, Strategies In Wealth Management, LLC is a large advisory firm based in Maple Grove. It manages $174.47 million of regulatory assets for 573 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, California, Minnesota, Texas, and Wisconsin.

Paradigm, Strategies In Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Paradigm, Strategies In Wealth Management: assets under management

The assets under management (AUM) of Paradigm, Strategies In Wealth Management, LLC is $174.47 million. The firm's AUM has grown by 139% since the beginning of its operation, and $350.7 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $161.45 million in discretionary accounts and $13.02 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $297.32 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $433.95 thousand.

Paradigm, Strategies In Wealth Management has custody of $67.23 million in cash and securities for 144 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 86% of the total AUM. The second-largest asset type is exchange traded securities, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Paradigm, Strategies In Wealth Management, LLC for their services and products based on a percentage of assets under management 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.

What kind of clients Paradigm, Strategies In Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Paradigm, Strategies In Wealth Management is high net worth individuals with 59 clients and $126.26 million of assets under management. Among the 10 most similar advisory firms, Paradigm, Strategies In Wealth Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $173.39 million for 203 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Paradigm, Strategies In Wealth Management doesn't advise any private funds.

Careers at Paradigm, Strategies In Wealth Management, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
William Olson Strand	Member,chief compliance officer	1 Jan 1995	75% - 100%	1384843
William Olson Strand	Member,chief compliance officer	1 Apr 1995	75% - 100%	1384843

Based in Maple Grove

The principal office where Paradigm, Strategies In Wealth Management, LLC performs its advisory services is located at 11324 86 Th Avenue North, Maple Grove, MN 55369, 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 763-201-1025 or by fax 763-201-1026. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at planparadigm.com and its LinkedIn profile.