Steven D. And Susan G. Zimmerman (Apple Valley)

Name: Steven D. And Susan G. Zimmerman
Address: 14530 Pennock Ave, Apple Valley, MN, 55124
Telephone: 952-432-4666

Steven D. And Susan G. Zimmerman is a large advisory firm based in Apple Valley. It manages $176.29 million of regulatory assets for 1,107 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Minnesota.

Steven D. And Susan G. Zimmerman provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Steven D. And Susan G. Zimmerman: assets under management

The assets under management (AUM) of Steven D. And Susan G. Zimmerman is $176.29 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in non-exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 30% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Steven D. And Susan G. Zimmerman for their services and products based on hourly charges and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Steven D. And Susan G. Zimmerman serves?

The only and largest group of clients of Steven D. And Susan G. Zimmerman is individuals with 197 clients and $176.29 million of assets under management. Among the 10 most similar advisory firms, Steven D. And Susan G. Zimmerman has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $176.29 million for 197 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Steven D. And Susan G. Zimmerman doesn't advise any private funds.

Careers at Steven D. And Susan G. Zimmerman

The company employs 9 people that are either part- or full-time employees. 11 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Steven D. And Susan G. Zimmerman is owned by Susan Kay Zimmerman. Steven Douglas Zimmerman joined the executive team most recently as the Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Douglas Zimmerman	Cco	1 Jan 1988	75% - 100%	1809308
Susan Kay Zimmerman	Owner	1 Jan 1988	75% - 100%	1809315

Based in Apple Valley

The principal office where Steven D. And Susan G. Zimmerman performs its advisory services is located at 14530 Pennock Ave, Apple Valley, MN 55124, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 952-432-4666 or by fax 952-432-6705. The normal business hours are 8:00am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at mindfulplanning.com.