Ulland Investment Advisors Inc (Minneapolis)

Name: Ulland Investment Advisors Inc
Address: 4550 Ids Center, Minneapolis, MN, 55402
Telephone: 612-312-1400

Ulland Investment Advisors Inc is a large advisory firm based in Minneapolis. It manages $297.85 million of regulatory assets for 451 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Iowa, and 3 other states.

Ulland Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ulland Investment Advisors: assets under management

The assets under management (AUM) of Ulland Investment Advisors Inc is $297.85 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 257% since the beginning of its operation, and $928.44 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $297.85 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $660.41 thousand each.

Ulland Investment Advisors has custody of $41.5 million in cash and securities for 70 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 66% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 23% of the firm’s portfolio. Investments in investment grade corporate bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ulland Investment Advisors Inc for their services and products based on a percentage of assets under management. 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 James Edward Ulland serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of James Edward Ulland is high net worth individuals with 56 clients and $249.79 million of assets under management. Among the 8 most similar advisory firms, Ulland Investment Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $297.85 million for 198 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.

Ulland Investment Advisors doesn't advise any private funds.

Careers at Ulland Investment Advisors Inc

The company employs 6 people that are either part- or full-time employees. 83 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.

James Edward Ulland has been acting as President since 1 Jun 1997. James Robin Goodfellow Skjong joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Edward Ulland	President/chief compliance officer	1 Jun 1997	75% - 100%	2729754
James Ulland	President	1 Jun 1997	75% - 100%	2729754
James Robin Goodfellow Skjong	Chief compliance officer	1 Jan 2006	Other	6750094

Based in Minneapolis

The principal office where Ulland Investment Advisors Inc performs its advisory services is located at 4550 Ids Center, Minneapolis, MN 55402, 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 612-312-1400 or by fax 612-204-3464. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at ullandinvestment.com.