Franke Laurion & Stanley Financial Services Inc. (Chanhassen)


Franke Laurion & Stanley Financial Services Inc. is a large advisory firm based in Chanhassen. It manages $60.56 million of regulatory assets for 165 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Minnesota.

Franke Laurion & Stanley 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 Laurion & Stanley Financial Services: assets under management

The assets under management (AUM) of Franke Laurion & Stanley Financial Services Inc. is $60.56 million. The firm's AUM has grown by 7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $768.42 thousand in discretionary accounts and $59.8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $384.21 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $366.85 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Franke Laurion & Stanley 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 Laurion & Stanley 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

Based in Chanhassen

The principal office where Franke Laurion & Stanley 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/.