CLASSIC ASSET MANAGEMENT, LLC of FARGO, ND is an SEC-registered investment adviser (CRD 122030). Regulatory assets under management: $189.1M.
Compensation: % of AUM, Hourly, Fixed.
Clients served: Individuals, High net worth, Charities, Other.
| Name | Role | Location |
|---|---|---|
| Thomas James Claud | CHIEF COMPLIANCE OFFICER | — |
| Michael Victor Young | CCO AND MANAGING MEMBER; MANAGING MEMBER | — |
| Craig Alan Rottman | MANAGING MEMBER | — |
| Douglas Gene Schmitz | MEMBER | — |
| Ashleigh Cooper Swayze | CHIEF COMPLIANCE OFFICER | — |
| YOUNG ELMO DALE | SECRETARY | — |
| YOUNG MICHAEL VICTOR | CCO AND MANAGING MEMBER; CHIEF OPERATIONS OFFICER/CHIEF COMPLIANCE OFFICER; MANAGING MEMBER (+2 more) | — |
| ROTTMAN CRAIG ALAN | CHIEF INVESTMENT OFFICER; MANAGING MEMBER | — |
| SCHMITZ DOUGLAS GENE | MANAGING MEMBER; MEMBER; VICE PRESIDENT/DUE DILIGENCE OFFICER | — |
| Initiated | Type | Allegations | Status | Amount |
|---|---|---|---|---|
| 2020-10-01 | regulatory | THE SEC CONDUCTED AN INVESTIGATION AND EXAMINATION OF CLASSIC ASSET MANAGEMENT, LLC ("CAM") AND ONE OF ITS IARS REGARDING SALES PRACTICES RELATING TO THE TO RECOMMENDATION, SALE, AND USE OF LEVERAGED EXCHANGE TRADED FUNDS ("LEVERAGED ETFS"). ULTIMATELY, THE SEC CHARGED CAM AND DOUGLAS SCHMITZ WITH A… | Final | $195K |