# EXCEL FINANCIAL, LLC

EXCEL FINANCIAL, LLC of RED WING, MN is an SEC-registered investment adviser.

## Registration

- CRD: 145301
- Type: SEC-registered investment adviser
- SEC file number: 801-107211
- Location: 321 MAIN STREET, RED WING, MN, 55066
- Phone: (651) 388-6441
- Latest filing: 2026-05-29
- Regulatory AUM: $404.5M
- Discretionary AUM: $348.4M
- Non-discretionary AUM: $56.1M
- Clients: 11
- Accounts: 1,128

## Business model

- Compensation: % of AUM, Hourly, Fixed
- Clients served: Individuals, High net worth, Pooled vehicles, Charities

## Officers, owners & control persons (10)

| Name | Role | Location |
| --- | --- | --- |
| Brent Leslie Urbach | MEMBER | — |
| James Scott Loquai | MEMBER | — |
| John Raymond Loquai | MEMBER | — |
| Michael Wayne Spangler | CHIEF COMPLIANCE OFFICER; MANAGING MEMBER; MANAGING MEMBER/CHIEF COMPLIANCE OFFICER | — |
| LOQUAI JAMES SCOTT | MANAGING MEMBER/CHIEF COMPLIANCE OFFICER; MEMBER/CHIEF COMPLIANCE OFFICER; PRINCIPAL/CHIEF COMPLIANCE OFFICER | — |
| LOQUAI THOMAS RAYMOND | MANAGING MEMBER; MEMBER; PRINCIPAL | — |
| SIBERT JERRY LYNN | PRINCIPAL | — |
| LOQUAI JULIA ANN | MANAGING MEMBER | — |
| URBACH BRENT LESLIE | MANAGING MEMBER; MEMBER | — |
| Spangler Michael Wayne | MANAGING MEMBER | — |


## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/145301/brochure
- Similar advisers: https://search.stillhousedata.com/firm/145301/similar
- Related entities: https://search.stillhousedata.com/firm/145301/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/145301

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.