First Associated Investment Advisors, Inc. (Duluth)

First Associated Investment Advisors, Inc. is an investment adviser to an investment company based in Duluth. It manages $27.79 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of Minnesota.

First Associated Investment Advisors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

First Associated Investment Advisors: assets under management

The assets under management (AUM) of First Associated Investment Advisors, Inc. is $27.79 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $27.79 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $27.79 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay First Associated Investment Advisors, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Curtis Alan Teberg serves?

The only and largest group of clients of Curtis Alan Teberg is investment companies with 1 clients and $27.79 million of assets under management. Among the 1 most similar advisory firms, First Associated Investment Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $27.79 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

First Associated Investment Advisors doesn't advise any private funds.

Careers at First Associated Investment Advisors, Inc.

The company employs 3 people that are either part- or full-time employees. 33 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.

Curtis Alan Teberg has been acting as President since 1 Apr 1995. Ann Theresa Hockman joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Curtis Alan Teberg	President	1 Apr 1995	75% - 100%	837106
Ann Theresa Hockman	Chief compliance officer	1 Sep 2004	Other	2794498

Based in Duluth

The principal office where First Associated Investment Advisors, Inc. performs its advisory services is located at 5161 Miller Trunk Highway, Duluth, MN 55811, 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 218-722-8248 or by fax 218-722-8823. The normal business hours are 8:30 a.m to 5:00 p.m. on Monday - Friday.