The Clifton Group Investment Management Company (Minneapolis)

Name: The Clifton Group Investment Management Company
Address: 3600 Minnesota Drive, Minneapolis, MN, 55435
Telephone: [612] 870-8800

The Clifton Group Investment Management Company is a large advisory firm based in Minneapolis. It manages $30.9 billion of regulatory assets for 172 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Minnesota.

The Clifton Group Investment Management Company provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

The Clifton Group Investment Management Company: assets under management

The assets under management (AUM) of The Clifton Group Investment Management Company is $30.9 billion. The firm's AUM has grown by 114% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $25.83 billion in discretionary accounts and $5.07 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $160.45 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $460.48 million.

The Clifton Group Investment Management Company has custody of $409.48 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Clifton Group Investment Management Company for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at The Clifton Group Investment Management Company

Rosemary Janousek has been acting as President since 1 Apr 1978. 2010 Michael E. Dougherty Irrevocable Trust Agreement Dated December 20th joined the executive team most recently as the Non Voting Shareholder Trust.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Rosemary Janousek	President	1 Apr 1978	Other	2626239
Richard Ballsrud	Executive vice president, director	1 Feb 1984	Other	2072570
Richard Edward Ballsrud	Executive vice president, director	1 Feb 1984	Other	2072570
Jack Hansen	Executive vice president, director	1 Jun 1985	Other	2072543
Jack Legare Hansen	Evp,chief investment officer and director	1 Jun 1985	Other	2072543
Thomas Lee	Portfolio manager	1 Aug 1993	Other	2686076
Thomas Bernard Lee	Portfolio manager	1 Aug 1993	Other	2686076
Michael Emmett Dougherty	Chair, director & member of ultimate parent	1 Oct 1993	25% - 50%	70900
Thomas Bernard Lee	Portfolio manager	1 Jun 1994	Other	2686076
Dougherty Holdings Llc	Owner of applicant	1 Apr 1996	75% - 100%	41-1866894
Thomas Joseph Abood	Evp, secretary, director	1 Apr 1996	Other	2568143
Pamela Kay Reinitz Ziermann	Vice president,compliance and human resources of ultimate parent	1 Apr 1996	Other	2083562
James Orourke Pohlad	Shareholder	1 Apr 1996	Other	2426949
Robert Carl Pohlad	Shareholder	1 Apr 1996	Other	2426951
William Michael Pohlad	Shareholder	1 Apr 1996	Other	2426952
Michael Emmett Dougherty	Shareholder	1 Apr 1996	50% - 75%	70900
Gerald Anthony Kraut	Evp, board chair, director	1 Jul 1997	Other	1502494
Michelle Marie Sandberg	Treasurer, director	1 Jul 1997	Other	2070925
Trustee Of The Gerald A. Kraut Qualified Subchapter S Trust Gerald A. Kraut	Shareholder	1 Jul 1997	Other	xxx-xx-xxxx
Orison Young Chaffee	Managing principal	1 Sep 2008	Other	1286048
2010 Michael E. Dougherty Irrevocable Trust Agreement Dated December 20th	Non-voting shareholder trust	1 Dec 2010	Other	xxx-xx-xxxx
Kathleen Anne Dougherty	Shareholder	1 Dec 2010	Other	5875992
2010 Kathleen A. Dougherty Irrevocable Trust Agreement Dated December 20th	Non-voting shareholder trust	1 Dec 2010	Other	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Dougherty Financial Group Llc	Owner of dh	1 Oct 1993	75% - 100%	41-1866893

Based in Minneapolis

The principal office where The Clifton Group Investment Management Company performs its advisory services is located at 3600 Minnesota Drive, Minneapolis, MN 55435, which is also the mailing address of the firm. An additional office of the firm is in Aldie, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number [612] 870-8800 or by fax [952] 767-7701. The normal business hours are 7:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at thecliftongroup.com.