Robert A. Strommen

OAKWOOD CAPITAL

St. Paul, MN 55114

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CRD#: 863085

Professional summary

Robert Alan Strommen, who also goes by Bob Strommen, Robert Alan Strommen Mr., is a registered financial advisor currently at OAKWOOD CAPITAL, INC. located in St. Paul, Minnesota and OAKWOOD CAPITAL SECURITIES, INC. located in Roseville, Minnesota.

Robert is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1979. Robert has worked at 13 firms and has passed the Series 65, Series 63, Series 6TO, SIE, Series 7, Series 1 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Bob Strommen | Robert Alan Strommen Mr.

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.

SALES REPRESENTATIVE OF STROMMEN ASSOCIATES, 2469 UNIVERSITY AVENUE, ST. PAUL, MN 55114 SINCE 9/1/1978. THREE HOURS PER MONTH ARE SPENT ON THIS NON-INVESTMENT-RELATED OUTSIDE BUSINESS DURING TRADING HOURS. AUTHOR AND SOLE OWNER OF PURPOSE +3, 2202 MIDLAND VIEW COURT, ROSEVILLE, MN 55113 SINCE 9/15/2012. THREE HOURS PER MONTH ARE SPENT ON THIS NON-INVESTMENT-RELATED OUTSIDE BUSINESS DURING NON-TRADING HOURS. OWNER OF CHECKPOINTS CONSULTING, 2469 UNIVERSITY AVENUE, ST. PAUL, MN 55114 SINCE 2/15/2012. TEN HOURS PER YEAR ARE SPENT ON THIS NON-INVESTMENT RELATED OUTSIDE BUSINESS DURING TRADING HOURS. INVESTMENT ADVISOR REPRESENTATIVE OF OAKWOOD CAPITAL, INC. (OC) 600 Highway 169 S., SUITE 1410, MINNEAPOLIS, MN 55426 (INVESTMENT RELATED BUSINESS - OC IS AN SEC REGISTERED INVESTMENT ADVISOR.) AFFILIATED WITH OC 11/30/2012. APPROXIMATELY 20 HOURS PER WEEK ARE SPENT ON OC BUSINESS DURING TRADING HOURS. OWNER OF ROCKPOINT SHORES INC., 2469 UNIVERSITY AVENUE, ST PAUL, MN 55114 SINCE 6/16/2015. APPROXIMATELY ONE HOUR PER MONTH IS SPENT ON THIS NON-INVESTMENT-RELATED OUTSIDE BUSINESS DURING NON TRADING HOURS. OWNER OF STROMMEN BALSAM LAKE PROPERTY LLC, 2469 UNIVERSITY AVENUE, ST PAUL, MN 55114 SINCE 6/16/2015. ZERO HOURS ARE SPENT ON THIS NON-INVESTMENT OUTSIDE BUSINESS DURING NON TRADING HOURS. OWNER OF BALSAM BOSTON BAY PARTNERS LLC 2469 UNIVERSITY AVENUE, ST. PAUL, MN 55114 SINCE 6/16/2015. APPROXIMATELY 1 HOUR PER MONTH IS SPENT ON THIS NON-INVESTMENT-RELATED OUTSIDE BUSINESS DURING NON-TRADING HOURS. SALES REPRESENTATIVE FOR LONG-TERM CARE INSURANCE; 2469 UNIVERSITY AVENUE #100E, ST. PAUL, MN 55114 SINCE 3/23/2016. APPROXIMATELY 5 HOURS PER MONTH ARE SPENT ON THIS NON-INVESTMENT-RELATED OUTSIDE BUSINESS DURING TRADING HOURS.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Robert Alan Strommen'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

October 25, 2013 - Present

OAKWOOD CAPITAL, INC.

Office #1: The Strommen Building 2469 University Avenue, St. Paul, MN 55114

RIA

CRD#: 112399

St. Paul, MN

Current

April 29, 2013 - Present

OAKWOOD CAPITAL SECURITIES, INC.

CRD#: 21000

Roseville, MN

Past

October 25, 2013 - December 31, 2020

OAKWOOD CAPITAL, INC.

RIA

CRD#: 112399

St. Paul, MN

Past

April 5, 2010 - November 15, 2012

SUMMIT BROKERAGE SERVICES, INC.

CRD#: 34643

ST.PAUL, MN

Past

February 19, 2010 - February 26, 2010

CAMBRIDGE INVESTMENT RESEARCH, INC.

CRD#: 39543

FAIRFIELD, IA

Past

February 3, 2006 - January 4, 2010

WOODBURY FINANCIAL SERVICES, INC.

CRD#: 421

MINNEAPOLIS, MN

Past

February 18, 2003 - February 17, 2006

TOWER SQUARE SECURITIES, INC.

CRD#: 833

MINNEAPOLIS, MN

Past

May 3, 1999 - February 18, 2003

PARK AVENUE SECURITIES LLC

CRD#: 46173

NEW YORK, NY

Past

April 27, 1993 - May 3, 1999

GUARDIAN INVESTOR SERVICES LLC

CRD#: 6635

NEW YORK, NY

Past

July 13, 1990 - April 20, 1993

CAPITAL MANAGEMENT SECURITIES, INC.

CRD#: 10579

MINNEAPOLIS, MN

Past

January 5, 1989 - July 17, 1990

AEGIS INVESTMENTS, INC.

CRD#: 16033

ST LOUIS PARK, MN

Past

December 23, 1988 - January 19, 1989

B.C. CHRISTOPHER SECURITIES CO.

CRD#: 60

Past

January 2, 1980 - December 23, 1988

MORISON SECURITIES, INC.

CRD#: 8097

KANSAS CITY, MO

Past

March 6, 1979 - December 25, 1979

PLANNERS FINANCIAL SERVICES, INC.

CRD#: 6751

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".

OAKWOOD CAPITAL, INC.

GARDNER ADVISORS | OAKWOOD CAPITAL, INC. | L.O. GARDNER INC. DBA GARDNER ADVISORS | GARDNER ADVISORS INC.

CRD#: 112399 / SEC#: 801-120259

RIA

Registered Investment Advisory firm - (2/4/2021 Approved)

Arizona

Registered Investment Advisory firm - (2/9/2021 Terminated)

Florida

Registered Investment Advisory firm - (2/9/2021 Terminated)

Iowa

Registered Investment Advisory firm - (2/10/2021 Terminated)

Minnesota

Registered Investment Advisory firm - (2/23/2021 Terminated)

Montana

Registered Investment Advisory firm - (2/9/2021 Terminated)

North Dakota

Registered Investment Advisory firm - (2/9/2021 Terminated)

South Dakota

Registered Investment Advisory firm - (2/9/2021 Terminated)

Wisconsin

Registered Investment Advisory firm - (2/9/2021 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

Florida
(5/20/2020)

Minnesota
(5/10/2013)

IAR

Minnesota
(1/3/2014)

Wisconsin
(5/13/2013)

IAR

Wisconsin
(10/25/2013)

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: 10/24/2013

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 1/14/2004

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 6TO

Date: 1/2/2023

Investment Company Products/Variable Contracts Representative Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 5/13/2003

General Securities Representative Examination

General Industry/Product Exam

Series 1

Date: 3/1/1979

Registered Representative Examination

Principal/Supervisory Exam

Series 24

Date: 8/13/2003

General Securities Principal Examination

SRO Registrations

FINRA

Current Firm

OAKWOOD CAPITAL, INC.

GARDNER ADVISORS | OAKWOOD CAPITAL, INC. | L.O. GARDNER INC. DBA GARDNER ADVISORS | GARDNER ADVISORS INC.

CRD#: 112399 / SEC#: 801-120259

RIA

Registered Investment Advisory firm - (2/4/2021 Approved)

Arizona

Registered Investment Advisory firm - (2/9/2021 Terminated)

Florida

Registered Investment Advisory firm - (2/9/2021 Terminated)

Iowa

Registered Investment Advisory firm - (2/10/2021 Terminated)

Minnesota

Registered Investment Advisory firm - (2/23/2021 Terminated)

Montana

Registered Investment Advisory firm - (2/9/2021 Terminated)

North Dakota

Registered Investment Advisory firm - (2/9/2021 Terminated)

South Dakota

Registered Investment Advisory firm - (2/9/2021 Terminated)

Wisconsin

Registered Investment Advisory firm - (2/9/2021 Terminated)

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Contact information

Main Address

600 Highway 169 South Suite 1410, St. Louis Park, MN 55426

Mailing Address

Phone number

(952) 935-4601

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (17 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

OAKWOOD CAPITAL, INC. PART 2A (1/31/2025)

Regulatory assets under management

Total Number of Accounts	1,001
AUM (Assets Under Management)	$ 260,312,212

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

Robert A. Strommen

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Robert Alan Strommen's CRS (Customer Relationship Summary).

Certified licenses

Experience

OAKWOOD CAPITAL SECURITIES, INC.

OAKWOOD CAPITAL, INC.

SUMMIT BROKERAGE SERVICES, INC.

CAMBRIDGE INVESTMENT RESEARCH, INC.

WOODBURY FINANCIAL SERVICES, INC.

TOWER SQUARE SECURITIES, INC.

PARK AVENUE SECURITIES LLC

GUARDIAN INVESTOR SERVICES LLC

CAPITAL MANAGEMENT SECURITIES, INC.

AEGIS INVESTMENTS, INC.

B.C. CHRISTOPHER SECURITIES CO.

MORISON SECURITIES, INC.

PLANNERS FINANCIAL SERVICES, INC.

Primary Firm SEC Registration

OAKWOOD CAPITAL, INC.

State Registrations and Notice Filings

Exams

Series 65

Date: 10/24/2013

Series 63

Date: 1/14/2004

Series 6TO

Date: 1/2/2023

SIE

Date: 10/1/2018

Series 7

Date: 5/13/2003

Series 1

Date: 3/1/1979

Series 24

Date: 8/13/2003

FINRA

Current Firm

OAKWOOD CAPITAL, INC.

Contact information

SEC notice filing (17 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

OAKWOOD CAPITAL, INC.

TRUST BUT VERIFY

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