RT
Richard D. Thoreson
THORESON STEFFES
Fargo, ND 58102-4771
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CRD#: 1052432
RT
Professional summary
Richard Duane Thoreson is a registered financial advisor currently at THORESON STEFFES located in Fargo, North Dakota.
Richard is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2012. Richard has worked at 1 firm .
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
Private trust company, 50% owner.
CRS (Client Relationship Summary) - RIA
Click below to view Richard Duane Thoreson's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
August 3, 2012 - Present
THORESON STEFFES
Office #1: 210 N. Broadway Suite 400, Fargo, ND 58102-4771RIA
CRD#: 164425
Fargo, ND
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
North Dakota(8/3/2012)
Exams
Current Firm
TS
THORESON STEFFES
T&S INVESTMENTS | THORESON STEFFES | T&S INVESTMENTS, LLC
CRD#: 164425 / SEC#: 801-80084
RIA
Registered Investment Advisory firm - (4/4/2015 Terminated)Minnesota
Registered Investment Advisory firm - (2/23/2018 Terminated)North Dakota
Registered Investment Advisory firm - (8/3/2012 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
210 N. Broadway Suite 400, Fargo, ND 58102-4771
Mailing Address
Phone number
(701) 478-3338
Established
Firm type
Fiscal year end
# of Employees
3
Regulatory assets under management
| Total Number of Accounts | 25 |
| AUM (Assets Under Management) | $ 40,705,673 |
Exempt reporting advisers
Exempt Reporting Advisers ("ERA") are investment advisers that are not required to register as investment advisers because they rely on certain exemptions from registration under sections 203(l) and 203(m) of the Investment Advisers Act of 1940 and related rules. Certain state securities regulatory authorities have similar exemptions based on state statutes or regulations. An ERA is required to file a report using Form ADV, but does not complete all items contained in Form ADV that a registered adviser must complete. Other state securities regulatory authorities require an ERA to register as an investment adviser and file a complete Form ADV. Below are the regulators with which an ERA report is filed.
| SEC / JURISDICTION | REPORTING STATUS | EFFECTIVE DATE |
|---|---|---|
| South Dakota | ERA - Withdrawn | 2/27/2020 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
