Paul M. Rushmann

EFS ADVISORS

Cambridge, MN 55008

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CRD#: 1379264

Professional summary

Paul Michael Rushmann is a registered financial advisor currently at EFS ADVISORS located in Cambridge, Minnesota and ADVANCED ADVISOR GROUP, LLC located in Cambridge, Minnesota.

Paul is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1985. Paul has worked at 14 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 6 exams.

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.

1) BASKETBALL REFEREE, Start date November 2019, Flat rate Pay, not investment related, seasonally 0-12 hours per week, Nov-March. 2) Brokerage General Agency (BGA), Non-INV, St. Paul MN (referral to office may vary), Fixed Insurance, Non-binding referral relationship only - no agent of record activity, 01/2017, no activity in 2021/2022, minimal hours, .25/month, 0 during trading hours, facilitate fixed life insurance referrals to BGA for minimal compensation as a licensed life agent.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Paul Michael Rushmann's CRS (Customer Relationship Summary).

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®

None

Experience

Current

January 2, 2025 - Present

EFS ADVISORS

Office #1: 1995 East Rum River Drive S, Cambridge, MN 55008

RIA

CRD#: 115211

Cambridge, MN

Current

January 5, 2025 - Present

ADVANCED ADVISOR GROUP, LLC

Office #1: 1995 East Rum River Drive S., Cambridge, MN 55008

RIA

CRD#: 140393

Cambridge, MN

Past

December 9, 2019 - September 28, 2022

WEA FINANCIAL ADVISORS, INC.

RIA

CRD#: 144919

MADISON, WI

Past

August 15, 2017 - August 14, 2024

WEA INVESTMENT SERVICES, INC.

CRD#: 126907

MADISON, WI

Past

January 2, 2015 - December 31, 2016

THE LEADERS GROUP, INC.

CRD#: 37157

SUMMIT, NJ

Past

July 1, 2010 - December 31, 2014

VOYA FINANCIAL ADVISORS, INC.

CRD#: 2882

EDEN PRAIRIE, MN

Past

January 23, 2006 - July 1, 2010

CETERA WEALTH SERVICES, LLC

CRD#: 13572

EDEN PRAIRIE, MN

Past

November 22, 2004 - October 7, 2005

VOYA FINANCIAL ADVISORS, INC.

CRD#: 2882

WINDSOR, CT

Past

March 11, 2004 - November 19, 2004

QA3 FINANCIAL LLC

RIA

CRD#: 104957

CHIPPEWA FALLS, WI

Past

March 2, 2004 - November 19, 2004

QA3 FINANCIAL CORP.

CRD#: 14754

OMAHA, NE

Past

October 23, 2002 - December 10, 2003

SII INVESTMENTS, INC.

CRD#: 2225

APPLETON, WI

Past

April 2, 1997 - October 15, 2002

FSC SECURITIES CORPORATION

CRD#: 7461

ATLANTA, GA

Past

January 4, 1997 - April 7, 1997

GROVE POINT INVESTMENTS, LLC

CRD#: 1763

ROCKVILLE, MD

Past

October 5, 1992 - August 5, 1996

FIRSTAR INVESTMENT SERVICES,INC.

CRD#: 14536

MORRIS PLAINS, NJ

Past

July 12, 1985 - August 26, 1992

PRUCO SECURITIES, LLC.

CRD#: 5685

NEWARK, NJ

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

EFS ADVISORS

EDUCATOR'S FINANCIAL SERVICES, INC. | EFS ADVISORS LLC | EFS ADVISORS

CRD#: 115211 / SEC#: 801-62857

RIA

Registered Investment Advisory firm - (3/11/2004 Approved)

Iowa

Registered Investment Advisory firm - (6/29/2004 Terminated)

North Dakota

Registered Investment Advisory firm - (7/26/2004 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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.

indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.

Visual representation of state registrations

IAR

Minnesota
(1/2/2025)

Minnesota
(1/5/2025)

Wisconsin
(1/8/2025)

IAR

Wisconsin
(1/9/2025)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

IAR

Series 65

Date: 10/2/1997

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 1/9/1987

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 4/18/2000

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 7/11/1985

Investment Company Products/Variable Contracts Representative Examination

SRO Registrations

FINRA

Current Firm

EFS ADVISORS

EDUCATOR'S FINANCIAL SERVICES, INC. | EFS ADVISORS LLC | EFS ADVISORS

CRD#: 115211 / SEC#: 801-62857

RIA

Registered Investment Advisory firm - (3/11/2004 Approved)

Iowa

Registered Investment Advisory firm - (6/29/2004 Terminated)

North Dakota

Registered Investment Advisory firm - (7/26/2004 Terminated)

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Contact information

Main Address

1995 East Rum River Drive S, Cambridge, MN 55008

Mailing Address

Phone number

(763) 689-9023

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (51 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

EFS ADV PART 2 BROCHURE (3/11/2025)

Regulatory assets under management

Total Number of Accounts	29,714
AUM (Assets Under Management)	$ 2,271,853,092

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.

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Advisor Monitoring

Firm Stability Insights

Paul M. Rushmann

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Paul Michael Rushmann's CRS (Customer Relationship Summary).

Certified licenses

Experience

ADVANCED ADVISOR GROUP, LLC

WEA FINANCIAL ADVISORS, INC.

WEA INVESTMENT SERVICES, INC.

THE LEADERS GROUP, INC.

VOYA FINANCIAL ADVISORS, INC.

CETERA WEALTH SERVICES, LLC

VOYA FINANCIAL ADVISORS, INC.

QA3 FINANCIAL LLC

QA3 FINANCIAL CORP.

SII INVESTMENTS, INC.

FSC SECURITIES CORPORATION

GROVE POINT INVESTMENTS, LLC

FIRSTAR INVESTMENT SERVICES,INC.

PRUCO SECURITIES, LLC.

Primary Firm SEC Registration

EFS ADVISORS

State Registrations and Notice Filings

Exams

Series 65

Date: 10/2/1997

Series 63

Date: 1/9/1987

SIE

Date: 10/1/2018

Series 7

Date: 4/18/2000

Series 6

Date: 7/11/1985

FINRA

Current Firm

EFS ADVISORS

Contact information

SEC notice filing (51 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

EFS ADVISORS

TRUST BUT VERIFY

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