Kelly L. Steffes

THORESON STEFFES

Fargo, ND 58102-4771

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CRD#: 6077919

Professional summary

Kelly L Steffes, who also goes by Kelly Rae Lackman, Kelly Lackman Ruth, is a registered financial advisor currently at THORESON STEFFES located in Fargo, North Dakota.

Kelly is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2012. Kelly has worked at 1 firm and has passed the Series 65 exam.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Kelly Rae Lackman | Kelly Lackman Ruth

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 Kelly L Steffes'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®

None

Experience

Current

September 10, 2012 - Present

THORESON STEFFES

Office #1: 210 N. Broadway Suite 400, Fargo, ND 58102-4771

RIA

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
(9/10/2012)

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: 9/6/2012

Uniform Investment Adviser Law Examination

Current Firm

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)

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).

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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

Documents

Latest Form ADV

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.

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Kelly L. Steffes

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Kelly L Steffes's CRS (Customer Relationship Summary).

Certified licenses

Experience

THORESON STEFFES

State Registrations and Notice Filings

Exams

Series 65

Date: 9/6/2012

Current Firm

THORESON STEFFES

Contact information

Documents

Regulatory assets under management

Exempt reporting advisers

Red Flags

Company Information

THORESON STEFFES

TRUST BUT VERIFY

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