Franke Financial Services, Inc. (Chanhassen)


Franke Financial Services, Inc. is a large advisory firm based in Chanhassen. It manages $58.82 million of regulatory assets for 132 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of Minnesota.

Franke Financial Services provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Franke Financial Services: assets under management

The assets under management (AUM) of Franke Financial Services, Inc. is $58.82 million. The company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

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

Careers at Franke Financial Services, Inc.

William Albert Franke has been acting as President since 1 Jan 1986. John Charles Stanley joined the executive team most recently as the Secretary Treasurer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
William Albert Franke President 1 Jan 1986 25% - 50% 723790
David Clement Laurion Vice-president 1 Jan 1986 25% - 50% 724004
John Charles Stanley Secretary-treasurer 1 Jul 1989 25% - 50% 720930
William Albert Franke Chief compliance officer 1 Sep 2004 75% - 100% 723790

Based in Chanhassen

The principal office where Franke Financial Services, Inc. performs its advisory services is located at 1851 Lake Drive West, Chanhassen, MN 55317, 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 952-448-9423 or by fax 952-448-9427. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at rjf.com/flsfinancial/.