Bluestem Financial Advisors, LLC (Champaign)

Name: Bluestem Financial Advisors, LLC
Address: 1802 Fox Drive, Champaign, IL, 61820
Telephone: 217-352-0000

Bluestem Financial Advisors, LLC is a large advisory firm based in Champaign. It manages $150.14 million of regulatory assets for 645 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Illinois.

Bluestem Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bluestem Financial Advisors: assets under management

The assets under management (AUM) of Bluestem Financial Advisors, LLC is $150.14 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $139.14 million in discretionary accounts and $10.99 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $237.44 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $186.32 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 80% of the total AUM. The second-largest asset type is government bonds, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bluestem Financial Advisors, LLC for their services and products based on hourly charges and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jacob Daniel Kuebler serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Jacob Daniel Kuebler is high net worth individuals with 124 clients and $144.09 million of assets under management. Among the 8 most similar advisory firms, Bluestem Financial Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $150.14 million for 136 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.

Bluestem Financial Advisors doesn't advise any private funds.

Careers at Bluestem Financial Advisors, LLC

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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.

Jacob Daniel Kuebler has been acting as President since 1 May 2011. Joshua Leon Cutler joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jacob Daniel Kuebler	President	1 May 2011	75% - 100%	5797905
Joshua Leon Cutler	Chief compliance officer	1 Jan 2019	Other	5815169

Based in Champaign

The principal office where Bluestem Financial Advisors, LLC performs its advisory services is located at 1802 Fox Drive, Champaign, IL 61820, 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 217-352-0000 or by fax 206-338-2264. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at jakekuebler.com.