EFS broker Accounts

EFS Advisors Account Type

　　EFS Advisors offers a variety of account types to cater to different client needs. The firm primarily manages assets for both individuals and institutions, with a total of approximately $1.94 billion in assets under management and a team of 45 advisors. The firm provides services such as portfolio management, financial planning, and educational seminars. EFS Advisors does not specify a minimum account size requirement, making it accessible for non-high-net-worth individuals as well as institutional clients. The fee structure is fee-based, with quarterly fees based on the amount of assets managed.

EFS Advisors Fee Schedule

　　Assets: $0.00 - $210,000
　　Quarterly Fee: 0.26%
　　Annual Fee: 1.04%
　　Assets: $210,001 - $500,000
　　Quarterly Fee: 0.24%
　　Annual Fee: 0.96%
　　Assets: $500,001 - $1,000,000
　　Quarterly Fee: 0.22%
　　Annual Fee: 0.88%
　　Assets: $1,000,001 - $3,000,000
　　Quarterly Fee: 0.20%
　　Annual Fee: 0.80%
　　Assets: $3,000,001 - $5,000,000
　　Quarterly Fee: 0.18%
　　Annual Fee: 0.72%
　　Assets: $5,000,001 - $10,000,000
　　Quarterly Fee: 0.17%
　　Annual Fee: 0.68%
　　Assets: $10,000,001 and higher
　　Quarterly Fee: 0.15%
　　Annual Fee: 0.60%

EFS Advisors Broker Account Opening Process

　　To open an account with EFS Advisors, prospective clients can follow these steps:

　　Visit the Office: Set up an appointment at the principal office located at 440 Emerson St. N., Suite 2, Cambridge, Minnesota, 55008.
　　Contact Information: Reach out via email or call the office at (763) 689-9023 or toll-free at (877) 403-2374.
　　Documentation: Prepare necessary personal information including address, social security number, and financial details.
　　Account Setup: Complete the required forms and provide any additional documentation as requested by the firm.
　　Account Activation: Once the documents are verified, the account will be activated, allowing clients to begin their investment journey.