EFS ADVISORS LLC of CAMBRIDGE, MN is an SEC-registered investment adviser (CRD 115211). Regulatory assets under management: $2.4B. This firm reports disciplinary history on Form ADV.
Compensation: % of AUM, Hourly.
Clients served: Individuals, High net worth, Pooled vehicles, Pensions, Corporations.
| Name | Role | Location |
|---|---|---|
| Kent Donald Schutte | PRESIDENT | — |
| Dorothy Susan Fuller | COO | — |
| Lynn M Schutte | VICE PRESIDENT | — |
| Ellie Jo Killian | CCO | — |
| SCHUTTE KENT DONALD | PRESIDENT; PRESIDENT/CHIEF COMPLIANCE OFFICER | — |
| FULLER DOROTHY SUSAN | COO | — |
| LANCE NEIL GREGORY | CCO | — |
| Schutte Lynn M | VICE PRESIDENT | — |
| Initiated | Type | Allegations | Status | Amount |
|---|---|---|---|---|
| 2021-08-27 | regulatory | EDUCATORS FINANCIAL, A REGISTERED INVESTMENT ADVISER THAT PRIMARILY MARKETS ITS SERVICES TO TEACHERS, VIOLATED THE ADVISERS ACT AS A RESULT OF ITS BILLING PRACTICES AND MUTUAL FUND SHARE CLASS SELECTION FOR CLIENTS. WITH RESPECT TO ITS BILLING PRACTICES, EDUCATORS FINANCIAL (I) FAILED TO CONSISTENTL… | Final | $250K |