CB
Cole E. Backstrom
CETERA INVESTMENT ADVISERS LLC
ST PAUL, MN 55144-1000
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CRD#: 5496284
CB
Professional summary
Cole Edward Backstrom, CFP® is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in St Paul, Minnesota and CETERA WEALTH SERVICES, LLC located in Oakdale, Minnesota.
Cole is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2014. Cole has worked at 2 firms and has passed the Series 66, SIE and Series 7 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. NAME OF OTHER BUSINESS: NOVATION CREDIT UNION AND/OR NOVATION WEALTH MANAGEMENT; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: CREDIT UNION; POSITION/TITLE/RELATIONSHIP: FINANCIAL PROFESSIONAL; START DATE: 11/2024; APX NUMBER OF HOURS PER WEEK: 40 APX NUMBER OF HOURS DURING TRADING HOURS: 32.5 BRIEF DESCRIPTION OF DUTIES: MANAGE THE NOVATION WEALTH MANAGEMENT TEAM AND WORK WITH CLIENTS; 2. NAME OF OTHER BUSINESS: FIXED INSURANCE WITH VARIOUS COMPANIES INVESTMENT RELATED: YES ADDRESS: SAME AS REGISTERED LOCATION NATURE OF BUSINESS: FIXED INSURANCE START DATE: 11/2015 APX NUMBER OF HOURS PER WEEK: VARIES APX NUMBER OF HOURS DURING TRADING HOURS: VARIES POSITION/TITLE/RELATIONSHIP: INSURANCE AGENT BRIEF DESCRIPTION OF DUTIES: SELLS LIFE, HEALTH, DISABILITY, ANNUITIES AND LONG TERM CARE 3. NAME OF OTHER BUSINESS: BACKSTROM CAPITAL GROUP INVESTMENT RELATED: NO ADDRESS: WEST CHESTER, OH 45241 NATURE OF BUSINESS: REAL ESTATE START DATE: 1/2016 POSITION/TITLE/RELATIONSHIP: GENERAL FINANCIAL MANAGER AND PARTNER APX NUMBER OF HOURS PER WEEK: 5 APX NUMBER OF HOURS DURING TRADING HOURS: VARIES BRIEF DESCRIPTION OF DUTIES: ANALYZE AND EVALUATE RESIDENTIAL REAL ESTATE DEALS.
CRS (Client Relationship Summary) - RIA
Click below to view Cole Edward Backstrom'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®
CFP®
Start date: 2015
Experience
Current
June 29, 2023 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 500 Imperial Ave, St Paul, MN 55144-1000Office #2: 3m Center Blvd 2501 Hudson Rd Building 222-01 Room 1k15, St Paul, MN 55144-1000RIA
CRD#: 105644
ST PAUL, MN
Current
December 11, 2009 - Present
CETERA WEALTH SERVICES, LLC
Office #1: 500 Imperial Ave, Oakdale, MN 55128Office #2: 3m Center Blvd 2501 Hudson Rd Building 222-01 Room 1k15, St Paul, MN 55144-1000BD
CRD#: 13572
Oakdale, MN
Past
January 8, 2014 - June 29, 2023
CETERA WEALTH SERVICES, LLC
RIA
CRD#: 13572
OAKDALE, MN
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".
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 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.RR
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
RR
Alaska(12/1/2021)
RR
Arizona(10/5/2020)
RR
Arkansas(2/5/2025)
RR
California(1/3/2017)
RR
Colorado(1/4/2023)
RR
Florida(10/22/2015)
RR
Georgia(7/8/2022)
RR
Illinois(6/20/2023)
RR
Iowa(12/21/2017)
RR
Massachusetts(7/12/2022)
RR
Minnesota(6/3/2010)
IAR
Minnesota(6/29/2023)
RR
Montana(7/20/2016)
RR
Nebraska(6/6/2025)
RR
Nevada(5/6/2019)
RR
North Carolina(9/26/2023)
RR
Ohio(6/23/2014)
RR
South Dakota(1/2/2013)
RR
Tennessee(1/16/2024)
RR
Texas(8/9/2017)
IAR
Texas(6/29/2023)
RR
West Virginia(8/20/2021)
RR
Wisconsin(4/9/2012)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
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Contact information
Main Address
1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096
Mailing Address
Phone number
(310) 257-7880
Established
Firm type
Fiscal year end
# of Employees
7,705
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 584,487 |
| AUM (Assets Under Management) | $ 163,792,814,520 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/27/2025 | ||
| 12/13/2024 | ||
| 09/26/2023 | ||
| 11/18/2022 |
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.
