Askar Advisors Group, Inc. (Bloomington)

Name: Askar Advisors Group, Inc.
Address: 8101 34 Th Avenue South, Bloomington, MN, 55425
Telephone: 952-854-9463

Askar Advisors Group, Inc. is an adviser based in Bloomington. It manages $2.13 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Minnesota and Ohio.

Askar Advisors Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, and market timing services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Askar Advisors Group: assets under management

The assets under management (AUM) of Askar Advisors Group, Inc. is $2.13 million. The company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Askar Advisors Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

Careers at Askar Advisors Group, Inc.

Mary Ellen Burmann has been acting as President since 1 Oct 2005. Nicole Lynn Wilken joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Askar Holding Company	Holding company	1 Oct 2005	75% - 100%	41-1957112
Mary Ellen Burmann	President	1 Oct 2005	Other	1387901
Ommund Danny Skaar	Vice president	1 Oct 2005	Other	823376
Michael William Stern	Vice president	1 Oct 2005	Other	2021974
Nicole Lynn Wilken	Chief compliance officer	1 Dec 2008	Other	3208617

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Ommund Danny Skaar	Vice president	1 Dec 1999	50% - 75%	823376

Based in Bloomington

The principal office where Askar Advisors Group, Inc. performs its advisory services is located at 8101 34 Th Avenue South, Bloomington, MN 55425, which is also the mailing address of the firm. An additional office of the firm is in Richmond, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 952-854-9463 or by fax 952-854-6813. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.askar.com.