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BB

Bruce Alfred Bouta

SB ADVISORY
Eden Prairie, MN
·CRD# 801450·52 years experience

Professional Summary

Bruce Alfred Bouta is a registered financial advisor currently at SB ADVISORY, LLC located in Eden Prairie, Minnesota and SAN BLAS SECURITIES LLC located in Chicago, Illinois. Bruce is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1974. Bruce has worked at 10 firms and has passed the Series 63, Series 7TO, SIE, Series 7, Series 1, Series 51 and Series 24 exams.

At a Glance

Advisory Accounts Only

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

There are no additional aliases reported.

Blog Corner

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

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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Years of Experience

52 years in the financial services industry

Current & Past Employments

SB ADVISORY, LLC·CRD# 154680
RIA
6542 Regency Lane Suite 212, Eden Prairie, MN 55344
January 13, 2021 - Present
SAN BLAS SECURITIES LLC·CRD# 290605
BD
233 S Wacker Dr Suite 4400, Chicago, IL 60606
May 17, 2021 - Present
CABOT LODGE SECURITIES LLC·CRD# 159712
BD
Eden Prairie, MN
September 27, 2019 - May 10, 2021
SB ADVISORY, LLC·CRD# 154680
RIA
Eden Prairie, MN
June 14, 2019 - December 31, 2020
IFS SECURITIES·CRD# 40375
BD
Atlanta, GA
June 14, 2019 - October 10, 2019
CETERA WEALTH SERVICES, LLC·CRD# 13572
RIA
Eden Prairie, MN
January 8, 2014 - June 6, 2019
CETERA WEALTH SERVICES, LLC·CRD# 13572
BD
Eden Prairie, MN
September 3, 2013 - June 6, 2019
WALNUT STREET SECURITIES, INC.·CRD# 15840
BD
Eden Prairie, MN
January 24, 1996 - September 3, 2013
WALNUT STREET SECURITIES, INC.·CRD# 15840
BD
El Segundo, CA
September 24, 1990 - December 31, 1993
1717 CAPITAL MANAGEMENT COMPANY·CRD# 4082
BD
March 18, 1988 - May 11, 1989
LINCOLN NATIONAL PENSION INSURANCE COMPANY·CRD# 10293
BD
April 30, 1982 - December 31, 1988
OSAIC FA, INC.·CRD# 3978
BD
December 2, 1974 - April 4, 1988
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY·CRD# 2580
BD
December 2, 1974 - December 31, 1988

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Current Firm

SA
SB ADVISORY, LLC

360 ONE ADVISORY | ZOFINGEN PRIVATE WEALTH | TREESE INVESTMENTS LLC | THE HENDERSON FINANCIAL GROUP & (HYACINTHHENDERSON.COM) | THE FINANCIAL ARCHITECTS (FINANCIALARCHITECTS-USA.COM) | SUMMIT ROCKWALL WEALTH MANAGERS | SMITH BERNSTEIN | SHEBAR FINANCIAL, LLC | SB ADVISORY, LLC | SANTA FE WEALTH ADVISORS | ROBERT BULLOCH WEALTH MANAGEMENT LLC (ROBERTBULLOCH.COM) | RNL FINANCIAL, LLC | RCA ADVISORY SERVICES, LLC | PRO FINANCIAL GROUP, LLC | PNW ADVISORY | NERGARD WEALTH MANAGEMENT LLC | MOHLMAN WEALTH MANAGEMENT | IFS ADVISORY, LLC | GREEN STREET WEALTH ADVISORY | GRABE FINANCIAL SERVICES INC | GOLD LEAF FINANCIAL | FERIS FINANCIAL, LLC | EM FINANCIAL SERVICES | DEEMER WEALTH MANAGEMENT, LLC | CORTO FINANCIAL GROUP, LLC | CLARITY CAPITAL MANAGEMENT CORP | BRYAN EDWARDS WEALTH MANAGEMENT | BRENNAN FRANCIS | BOWMAN WEALTH MANAGEMENT LLC | ARNETT FINANCIAL SERVICES GROUP, LLC | ARBOR WEALTH MANAGEMENT | ADVANCED FINANCIAL CONCEPTS, INC. | ADVANCED ASSET SOLUTIONS, LLC | ABG RETIREMENT SOLUTIONS

CRD#: 154680 / SEC#: 801-77380
RIA
Registered Investment Advisory firm - SEC (12/4/2012 Approved)
Arkansas
Registered Investment Advisory firm - Arkansas (12/31/2012 Terminated)
California
Registered Investment Advisory firm - California (12/31/2012 Terminated)
Colorado
Registered Investment Advisory firm - Colorado (1/3/2013 Terminated)
Florida
Registered Investment Advisory firm - Florida (12/31/2012 Terminated)
Indiana
Registered Investment Advisory firm - Indiana (12/31/2012 Terminated)
Maryland
Registered Investment Advisory firm - Maryland (12/31/2012 Terminated)
Missouri
Registered Investment Advisory firm - Missouri (8/19/2014 Terminated)
Nevada
Registered Investment Advisory firm - Nevada (12/31/2012 Terminated)
New Jersey
Registered Investment Advisory firm - New Jersey (1/2/2013 Terminated)
New Mexico
Registered Investment Advisory firm - New Mexico (12/31/2012 Terminated)
North Carolina
Registered Investment Advisory firm - North Carolina (12/31/2012 Terminated)
Pennsylvania
Registered Investment Advisory firm - Pennsylvania (12/31/2012 Terminated)
Puerto Rico
Registered Investment Advisory firm - Puerto Rico (12/31/2012 Terminated)
Tennessee
Registered Investment Advisory firm - Tennessee (12/31/2012 Terminated)
Texas
Registered Investment Advisory firm - Texas (12/3/2013 Terminated)
Utah
Registered Investment Advisory firm - Utah (12/31/2012 Terminated)
Virginia
Registered Investment Advisory firm - Virginia (12/31/2012 Terminated)
West Virginia
Registered Investment Advisory firm - West Virginia (12/31/2012 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).

Contact Information

Main Address

3424 Peachtree Road Ne Suite 2200, Atlanta, GA 30326-1184

Phone Number

(404) 704-0406

# of Employees

35

SEC notice filing (47 States and Territories)

Registered to provide investment advisory services in 47 US states and territories.

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

SB ADVISORY BROCHURE (6/29/2026)

Regulatory Assets Under Management

Total Number of Accounts

942

AUM (Assets Under Management)

$1,101,429,871

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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.Bruce A. Bouta, attorney and Consultant, not investment related, Eden Prairie, MN, S-Corp., Owner/Attorney; 10/1986, 10 hours per month, 2 hours per week during trading hours, business continuation planning, estate planning, probate and drafting related documents. 2.Brokers Choice, investment related, Eden Prairie, MN, C-Corp owned 100% by S-Corp., Owner, 12/1999, 40 hours per month, 6 hours per week during trading hours, from 199-2016 Brokers Choice operated as a brokerage general agency for fixed insurance products, since 2017 I no longer deal with independent insurance brokers and only use this entity for personal sales of fixed life insurance, disability, long term care and annuity business, as a independent producer with several insurance carriers. 3.Great Lake Pension Consultants, DBA of an S-Corp., investment related, Eden Prairie, MN, President, 2/1988, 30 hours per month, 3 hours per week during trading hours, advise retirement plan sponsors on compliance matters, investment screening and selection and overall plan design. 4. SB Advisory, LLC, formerly known as IFS Advisory, LLC, Investment Related, Atlanta, GA, IAR, 6/2019, 60 hours per month, 50 hours during trading hours, review and monitor accounts, maintain regular ongoing contact with clients, review and update suitability profile as appropriate, recommend changes in account positions and allocations as appropriate.

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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".
SA
SB ADVISORY, LLC

360 ONE ADVISORY | ZOFINGEN PRIVATE WEALTH | TREESE INVESTMENTS LLC | THE HENDERSON FINANCIAL GROUP & (HYACINTHHENDERSON.COM) | THE FINANCIAL ARCHITECTS (FINANCIALARCHITECTS-USA.COM) | SUMMIT ROCKWALL WEALTH MANAGERS | SMITH BERNSTEIN | SHEBAR FINANCIAL, LLC | SB ADVISORY, LLC | SANTA FE WEALTH ADVISORS | ROBERT BULLOCH WEALTH MANAGEMENT LLC (ROBERTBULLOCH.COM) | RNL FINANCIAL, LLC | RCA ADVISORY SERVICES, LLC | PRO FINANCIAL GROUP, LLC | PNW ADVISORY | NERGARD WEALTH MANAGEMENT LLC | MOHLMAN WEALTH MANAGEMENT | IFS ADVISORY, LLC | GREEN STREET WEALTH ADVISORY | GRABE FINANCIAL SERVICES INC | GOLD LEAF FINANCIAL | FERIS FINANCIAL, LLC | EM FINANCIAL SERVICES | DEEMER WEALTH MANAGEMENT, LLC | CORTO FINANCIAL GROUP, LLC | CLARITY CAPITAL MANAGEMENT CORP | BRYAN EDWARDS WEALTH MANAGEMENT | BRENNAN FRANCIS | BOWMAN WEALTH MANAGEMENT LLC | ARNETT FINANCIAL SERVICES GROUP, LLC | ARBOR WEALTH MANAGEMENT | ADVANCED FINANCIAL CONCEPTS, INC. | ADVANCED ASSET SOLUTIONS, LLC | ABG RETIREMENT SOLUTIONS

CRD#: 154680 / SEC#: 801-77380
RIA
Registered Investment Advisory firm - SEC (12/4/2012 Approved)
Arkansas
Registered Investment Advisory firm - Arkansas (12/31/2012 Terminated)
California
Registered Investment Advisory firm - California (12/31/2012 Terminated)
Colorado
Registered Investment Advisory firm - Colorado (1/3/2013 Terminated)
Florida
Registered Investment Advisory firm - Florida (12/31/2012 Terminated)
Indiana
Registered Investment Advisory firm - Indiana (12/31/2012 Terminated)
Maryland
Registered Investment Advisory firm - Maryland (12/31/2012 Terminated)
Missouri
Registered Investment Advisory firm - Missouri (8/19/2014 Terminated)
Nevada
Registered Investment Advisory firm - Nevada (12/31/2012 Terminated)
New Jersey
Registered Investment Advisory firm - New Jersey (1/2/2013 Terminated)
New Mexico
Registered Investment Advisory firm - New Mexico (12/31/2012 Terminated)
North Carolina
Registered Investment Advisory firm - North Carolina (12/31/2012 Terminated)
Pennsylvania
Registered Investment Advisory firm - Pennsylvania (12/31/2012 Terminated)
Puerto Rico
Registered Investment Advisory firm - Puerto Rico (12/31/2012 Terminated)
Tennessee
Registered Investment Advisory firm - Tennessee (12/31/2012 Terminated)
Texas
Registered Investment Advisory firm - Texas (12/3/2013 Terminated)
Utah
Registered Investment Advisory firm - Utah (12/31/2012 Terminated)
Virginia
Registered Investment Advisory firm - Virginia (12/31/2012 Terminated)
West Virginia
Registered Investment Advisory firm - West Virginia (12/31/2012 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.
RR
indicates the advisor is registered as a Registered Representative in this state, allowing securities offerings such as stocks, bonds, and mutual funds through a broker-dealer.
RR
Kansas
(2/21/2025)
IAR
Minnesota
(1/13/2021)
RR
Minnesota
(5/18/2021)

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

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 63 — Uniform Securities Agent State Law Examination

Passed Apr 2007About the Series 63 exam

Series 7TO — General Securities Representative Examination

Passed Jan 2023About the Series 7TO exam

SIE — Securities Industry Essentials Examination

Passed Oct 2018About the SIE exam

Series 7 — General Securities Representative Examination

Passed Apr 1988About the Series 7 exam

Series 1 — Registered Representative Examination

Passed Nov 1974

Series 51 — Municipal Fund Securities Principal Examination

Passed Dec 2009About the Series 51 exam

Series 24 — General Securities Principal Examination

Passed Aug 1999About the Series 24 exam
FINRA
SRO Registrations

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CRS (Client Relationship Summary) - RIA

Click below to view Bruce Alfred Bouta's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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