Navpoint Financial, Inc. is a large advisory firm based in Bloomington. It manages $420.05 million of regulatory assets for 230 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Arizona, California, Florida, and 7 other states.
Navpoint Financial provides financial planning services, portfolio management for individuals and small businesses, and financial & business consulting. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Navpoint Financial, Inc. is $420.05 million. The firm's AUM has grown by 12% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Navpoint Financial, Inc. for their services and products based on a percentage of assets under management, 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of David Gary Martell is high net worth individuals with 137 clients and $386.6 million of assets under management. Among the 12 most similar advisory firms, Navpoint Financial has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $420.05 million for 230 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.
Navpoint Financial doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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.
Navpoint Financial, Inc. is owned by Bruce Edwin Carlson. David Gary Martell has been acting as President since 1 Aug 2008. Krista Marie Ketelsen joined the executive team most recently as the Vice President, Chief Compliance Officer.
The principal office where Navpoint Financial, Inc. performs its advisory services is located at 3800 American Blvd West Suite 1500, Bloomington, MN 55431, 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 952-746-1115 or by fax 952-392-4605. 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 navpoint-financial.com.