BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC. of CEDAR RAPIDS, IA is an SEC-registered investment adviser (CRD 13609). Regulatory assets under management: $906.4M.
Compensation: % of AUM, Hourly, Fixed, Commissions.
Clients served: Individuals, High net worth, Charities.
Showing 25 of 45 people.
| Name | Role | Location |
|---|---|---|
| Thomas Joseph Berthel | CHAIRMAN OF THE BOARD/EXECUTIVE VICE PRESIDENT; COMMON STOCK SHAREHOLDER | — |
| Richard Maurice Murphy | EXECUTIVE VICE PRESIDENT | — |
| Joanna Marie Schaul | CHIEF ADMINISTRATION OFFICER/SECRETARY (A/O 11/2017) | — |
| Randy Austin Wilcox | VICE PRESIDENT COMPLIANCE/OSJ MANAGER | — |
| Andrew James Christofferson | CHIEF EXECUTIVE OFFICER/PRESIDENT | — |
| Shelley Rae Davenport | VICE PRESIDENT LEGAL & REGULATORY MATTERS (A/O 11/2017) | — |
| Brian Rupp | CHIEF FINANCIAL OFFICER/TREASURER (A/O 11/5/2020) | — |
| Paige Nichole Swartzendruber | CHIEF BUSINESS DEVELOPMENT OFFICER | — |
| Brittany Michelle Noethen | CHIEF TECHNOLOGY OFFICER | — |
| Kimberly Karen Early Chapman | CHIEF COMPLIANCE OFFICER | — |
| James Ralph Hohn | VICE PRESIDENT/TECHNOLOGY | — |
| Nathanael Spencer | VICE PRESIDENT OF BUSINESS DEVELOPMENT | — |
| SCHMIDT PHILLIP JAMES | VICE PRESIDENT OF TRADING | — |
| BERTHEL THOMAS JOSEPH | CEO; CEO/CHAIRMAN OF THE BOARD; CEO/CHAIRMAN OF THE BOARD/PRESIDENT (A/O 11/9/17) (+3 more) | — |
| WHEELAN DWIGHT EUGENE | PRESIDENT; PRESIDENT EMERITUS | — |
| BRENDENGEN RONALD ODIN | TREASURER/CHIEF FINANCIAL OFFICER (A/O 7/30/15); TREASURER/CHIEF FINANCIAL OFFICER (A/O 7/30/15)/CHIEF OPERATING OFFICER; TREASURER/C.O.O. (+1 more) | — |
| FISHER FREDERICK PAUL | EXECUTIVE VICE PRESIDENT | — |
| SMITH LESLIE DONALD | SECRETARY | — |
| WEGMANN DANIEL PETER | C.F.O.; VICE PRESIDENT/CONTROLLER | — |
| DRISCOLL JULIE KAY | EXECUTIVE VICE PRESIDENT; SECRETARY (A/O 10/30/2014); SENIOR VICE PRESIDENT (+3 more) | — |
| PETERMAN TOBI LANE | SENIOR VICE PRESIDENT, BROKER SUPPORT; VICE PRESIDENT; VICE PRESIDENT OF OPERATIONS (+1 more) | — |
| CRAFT DONNA MARIE | EXECUTIVE VICE PRESIDENT | — |
| DAVENPORT SHELLEY RAE | ASSISTANT VP; CHIEF COMPLIANCE OFFICER; CHIEF COMPLIANCE OFFICER-BROKER/DEALER (+2 more) | — |
| WILCOX RANDY AUSTIN | CHIEF COMPLIANCE OFFICER (A/O 3/2016) & CHIEF COMPLIANCE OFFICER-RIA (A/O 6/2014); CHIEF COMPLIANCE OFFICER, BROKER-DEALER/VP REP RESOURCES (A/O 3/2016) & CHIEF COMPLIANCE OFFICER-RIA (A/O 6/2014); CHIEF COMPLIANCE OFFICER-RIA (+6 more) | — |
| FORD KRISTINE LYNN | CHIEF COMPLIANCE OFFICER-RIA | — |
Showing 10 of 34 distinct disclosure events.
| Initiated | Type | Allegations | Status | Amount |
|---|---|---|---|---|
| 2019-09-09 | regulatory | THESE PROCEEDINGS ARISE OUT OF BREACHES OF FIDUCIARY DUTY BY BFC PLANNING, INC. ("BFC"), A REGISTERED INVESTMENT ADVISER, IN CONNECTION WITH ITS MUTUAL FUND SHARE CLASS SELECTION PRACTICES THAT RESULTED IN RECEIPT BY ITS AFFILIATE BERTHEL FISHER & COMPANY FINANCIAL SERVICES, INC. ("BFCFS"), A DUALLY… | Final | $185K |
| 2018-02-06 | regulatory | JEFFREY PAUL DRAGON, AGENT OF BERTHEL FISHER, BETWEEN 2010-2014, ENGAGED IN NUMEROUS VIOLATIONS OF NH SECURITIES LAWS BY MAKING UNSUITABLE INVESTMENT RECOMMENDATIONS IN UNIT INVESTMENT TRUSTS WITH 11 NEW HAMPSHIRE CLIENTS. CERTAIN DEFICIENCIES IN BERTHEL FISHER'S SUPERVISION OF ITS AGENTS PERMITTED… | Final | $250K |
| 2017-03-20 | regulatory | FINRA ALLEGATIONS INCLUDE: VIOLATION OF FINRA RULES 2111 AND 2010 (UNSUITABLE UIT RECOMMENDATIONS); VIOLATIONS OF NASD CONDUCT RULE 3010 AND FINRA RULES 3110 AND 2010. | Final | $225K |
| 2014-02-24 | regulatory | FINRA ALLEGED THAT APPLICANT DID NOT PROPERLY(I)RETAIN CERTAIN EMAILS AS REQUIRED; (II) SUPERVISE A BRANCH OFFICE;(III)SUPERVISE THE SALE OF CERTAIN ALTERNATIVE INVESTMENTS SUCH AS NON-TRADED REITS AND (IV)SUPERVISE THE SALE OF AND PROPERLY TRAIN ITS SALES FORCE IN THE SALE OF NONTRADITIONAL ETF'S. | Final | $675K |
| 2013-07-08 | regulatory | WHETHER THE FIRM MAY HAVE VIOLATED SUITABILITY REQUIREMENTS BY NOT PROPERLY DETERMINING SUITABILITY OF SOME REAL ESTATE TICS AND FUNDS INVESTMENTS. | Final | — |
| 2013-03-14 | regulatory | FAILED TO REASONABLY TRAIN A REGISTERED AGENT IN MISSOURI, WHO SOLD UNSUITABLE SECURITIES TO A MISSOURI RESIDENT | Final | $80K |
| 2011-04-25 | regulatory | THE ENFORCEMENT SECTION OF THE MISSOURI SECURITIES DIVISION ALLEGES THAT BERTHEL FISHER & COMPANY FINANCIAL SERVICES, INC., THROUGH A REGISTERED REPRESENTATIVE OF RESPONDENT, VIOLATED SECTION 409.3-301, RSMO. (CUM. SUPP. 2009) BY OFFERING TO SELL UNREGISTERED SECURITIES. THE ENFORCEMENT SECTION CONT… | Final | $5K |
| 2010-10-22 | regulatory | SEC RULE 17A-3(A)(6), FINRA RULES 2010, 6730(A)(6): THE FIRM FAILED TO REPORT TO THE TRADE REPORTING AND COMPLIANCE ENGINE (TRACE) THE CORRECT TIME OF TRADE EXECUTION FOR CERTIAN TRANSACTIONS IN TRACE-ELIGIBLE SECURITIES. THE FIRM IS REQUIRED TO SHOW THE CORRECT TIME OF EXECUTION ON THE MEMORANDUM O… | Final | $13K |
| 2009-01-08 | regulatory | SEC RULE 17A-3, NASD RULES 3110, 6230(A), 6230(C)(8) - BERTHEL, FISHER & COMPANY FINANCIAL SERVICES FAILED TO RECORD THE CORRECT TIME OF TRADE EXECUTION FOR TRANSACTIONS IN TRADE REPORTING AND COMPLIANCE ENGINE (TRACE)-ELIGIBLE SECURITIES: THE FIRM FAILED TO REPORT TO TRACE TRANSACTIONS WITHIN 15 MI… | Final | $5K |
| 2007-12-07 | regulatory | THE FIRM FAILED TO ADEQUATELY SUPERVISE ITS AGENTS TO PREVENT THE AGENTS FROM SHARING TRANSACTIONAL-BASED COMPENSATION WITH A PERSON WHO WAS NOT REGISTERED AS A BROKER-DEALER OR AN AGENT. | Final | $5K |
Showing 15 of 25 offices.
| City | State | Employees | Phone |
|---|---|---|---|
| EDWARDS | CO | 5 | 970-926-2500 |
| HARRISON | OH | 3 | (513) 367-1031 |
| GRAHAM | NC | 2 | 336-226-6595 |
| NORTHBROOK | IL | 2 | (847) 509-8348 |
| SULPHUR SPRINGS | TX | 2 | 903-885-0555 |
| PLYMOUTH | MN | 2 | 612-339-5352 |
| MINOT | ND | 2 | (701) 839-0545 |
| COTTONWOOD HEIGHTS | UT | 2 | (801) 797-9634 |
| BLOOMFIELD HILLS | MI | 2 | (248) 594-7774 |
| BURLINGTON | IA | 2 | 319-754-4782 |
| SUWANEE | GA | 2 | (678) 730-1603 |
| — | — | 2 | (214) 295-5081 |
| SARASOTA | FL | 2 | (941) 923-2400 |
| ELK GROVE | CA | 1 | 916-271-1974 |
| PITTSBURGH | PA | 1 | 412-571-3174 |