Cahill Financial Advisors, Inc. (Edina)

Name: Cahill Financial Advisors, Inc.
Address: 7261 Ohms Lane, Edina, MN, 55439
Telephone: 952-926-1659

Cahill Financial Advisors, Inc. is a large advisory firm based in Edina. It manages $592.34 million of regulatory assets for 2,500 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, California, Colorado, and 10 other states.

Cahill Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cahill Financial Advisors: assets under management

The assets under management (AUM) of Cahill Financial Advisors, Inc. is $592.34 million. The firm's AUM has grown by 599% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $485.87 million in discretionary accounts and $106.47 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $206.14 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $744.52 thousand.

Cahill Financial Advisors has custody of $122.48 million in cash and securities for 202 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 74% of the total AUM. The second-largest asset type is exchange traded securities, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cahill Financial Advisors, Inc. for their services and products based on a percentage of assets under management, 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 Jeffrey Ronald Ohe serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Jeffrey Ronald Ohe is high net worth individuals with 171 clients and $424.92 million of assets under management. Among the 11 most similar advisory firms, Cahill Financial Advisors has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $576.76 million for 705 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.

Cahill Financial Advisors doesn't advise any private funds.

Careers at Cahill Financial Advisors, Inc.

The company employs 20 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 10 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.

Jeffrey Ronald Ohe has been acting as President since 1 Sep 2011. Rickey Lee Ites joined the executive team most recently as the Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Rickey Lee Ites	President	1 Mar 1992	75% - 100%	1329883
Richard Wayne Filippone	Principal	1 Feb 1998	Other	1700715
Rebecca Martha Jacques	Sr. vice president of client services	1 Oct 2004	Other	4347426
Scott Dennis Oeth	Principal	1 Jul 2007	Other	3077663
James William Bryan	Principal	1 Jul 2009	Other	2341167
Jeffrey Ronald Ohe	President	1 Sep 2011	75% - 100%	2376320
Rickey Lee Ites	Ceo	1 Sep 2011	Other	1329883
Nicholas James Hohn	Principal	1 Aug 2012	Other	3172408
Crystal M. Dobson Totten	Chief compliance officer/operations manager	1 Jan 2013	Other	4871717
Crystal M. Totten	Chief compliance officer/operations manager	1 Jan 2013	Other	4871717
Cyrstal M. Dobson Totten	Chief compliance officer/operations manager	1 Jan 2013	Other	4871717
Diane Adele Park	Principal	1 Apr 2013	Other	4637179
Rickey Lee Ites	Principal	1 Apr 2014	Other	1329883

Based in Edina

The principal office where Cahill Financial Advisors, Inc. performs its advisory services is located at 7261 Ohms Lane, Edina, MN 55439, 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 952-926-1659 or by fax 952-926-0633. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at cahillfa.com/.