Karen P. Rau

FIDUCIARY COUNSELLING

St Paul, MN 55101-4930

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CRD#: 2645942

Professional summary

Karen Petersen Rau, who also goes by Karen Kay Petersen, Karen Rau, is a registered financial advisor currently at FIDUCIARY COUNSELLING INC located in St Paul, Minnesota.

Karen is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1995. Karen has worked at 5 firms and has passed the Series 65, Series 63, SIE, Series 7, Series 10, Series 9, Series 53 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Karen Kay Petersen | Karen Rau

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.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Karen Petersen Rau'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

December 3, 2016 - Present

FIDUCIARY COUNSELLING INC

Office #1: 30 East 7th Street, Suite 2000, St Paul, MN 55101-4930

RIA

CRD#: 104753

St Paul, MN

Past

November 13, 2013 - August 9, 2016

FIFTH THIRD SECURITIES, INC.

RIA

CRD#: 628

CARPENTERSVILLE, IL

Past

November 13, 2013 - August 9, 2016

FIFTH THIRD SECURITIES, INC.

CRD#: 628

CARPENTERSVILLE, IL

Past

September 20, 2010 - October 7, 2013

AUSDAL FINANCIAL PARTNERS, INC.

RIA

CRD#: 7995

DOWNERS GROVE, IL

Past

September 20, 2010 - October 7, 2013

AUSDAL FINANCIAL PARTNERS, INC.

CRD#: 7995

DOWNERS GROVE, IL

Past

May 29, 2007 - May 13, 2010

CITIGROUP GLOBAL MARKETS INC.

RIA

CRD#: 7059

CHICAGO, IL

Past

May 29, 2007 - May 13, 2010

CITIGROUP GLOBAL MARKETS INC.

CRD#: 7059

CHICAGO, IL

Past

August 17, 2005 - May 29, 2007

CITICORP INVESTMENT SERVICES

RIA

CRD#: 23988

CRYSTAL LAKE, IL

Past

April 12, 2005 - May 29, 2007

CITICORP INVESTMENT SERVICES

CRD#: 23988

CRYSTAL LAKE, IL

Past

April 5, 1999 - March 25, 2003

CITICORP INVESTMENT SERVICES

CRD#: 23988

LONG ISLAND CITY, NY

Past

August 16, 1995 - June 2, 1998

CITICORP INVESTMENT SERVICES

CRD#: 23988

LONG ISLAND CITY, NY

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".

FIDUCIARY COUNSELLING INC

CRD#: 104753 / SEC#: 801-4158

RIA

Registered Investment Advisory firm - (12/7/1966 Approved)

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

Minnesota
(12/3/2016)

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.

Exams

State Security Law Exam

IAR

Series 65

Date: 11/2/2005

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 8/31/1995

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 8/9/2016

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 8/15/1995

General Securities Representative Examination

Principal/Supervisory Exam

Series 10

Date: 7/25/2006

General Securities Sales Supervisor - General Module Examination

Principal/Supervisory Exam

Series 9

Date: 6/3/2006

General Securities Sales Supervisor - Options Module Examination

Principal/Supervisory Exam

Series 53

Date: 5/18/2005

Municipal Securities Principal Examination

Principal/Supervisory Exam

Series 24

Date: 6/21/1999

General Securities Principal Examination

Current Firm

FIDUCIARY COUNSELLING INC

CRD#: 104753 / SEC#: 801-4158

RIA

Registered Investment Advisory firm - (12/7/1966 Approved)

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Contact information

Main Address

30 East 7th Street, Suite 2000, St Paul, MN 55101-4930

Mailing Address

Phone number

(651) 228-0935

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (16 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

2025 FORM ADV BROCHURE (9/22/2025)

Regulatory assets under management

Total Number of Accounts	1,721
AUM (Assets Under Management)	$ 9,504,938,311

Accountant surprise examination report

Filing Date	Form ADV-E Cover	Form ADV-E Report
10/24/2025	Cover Page	Report
11/20/2024	Cover Page	Report
11/13/2023	Cover Page	Report
10/25/2022	Cover Page	Report

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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Firm Stability Insights

Karen P. Rau

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Karen Petersen Rau's CRS (Customer Relationship Summary).

Certified licenses

Experience

FIFTH THIRD SECURITIES, INC.

FIFTH THIRD SECURITIES, INC.

AUSDAL FINANCIAL PARTNERS, INC.

AUSDAL FINANCIAL PARTNERS, INC.

CITIGROUP GLOBAL MARKETS INC.

CITIGROUP GLOBAL MARKETS INC.

CITICORP INVESTMENT SERVICES

CITICORP INVESTMENT SERVICES

CITICORP INVESTMENT SERVICES

CITICORP INVESTMENT SERVICES

Primary Firm SEC Registration

FIDUCIARY COUNSELLING INC

State Registrations and Notice Filings

Exams

Series 65

Date: 11/2/2005

Series 63

Date: 8/31/1995

SIE

Date: 8/9/2016

Series 7

Date: 8/15/1995

Series 10

Date: 7/25/2006

Series 9

Date: 6/3/2006

Series 53

Date: 5/18/2005

Series 24

Date: 6/21/1999

Current Firm

FIDUCIARY COUNSELLING INC

Contact information

SEC notice filing (16 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Accountant surprise examination report

Red Flags

Company Information

FIDUCIARY COUNSELLING INC

TRUST BUT VERIFY

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