Small_sona_copy_2

PALADIN RESEARCH REPORT FOR:

Mark Struthers

Badge9
Telephone Advisor
952.412.6002

I. Snapshot

A. Registry Member
  • Since 2017
B. Years of Experience
  • 15
C. College Degrees
  • None
D. Certifications
  • CFA®, CFP®
E. Financial Fiduciary
  • Yes
F. Business Philosophy
  • Read Business Philosophy

    I am fee-only fiduciary advisor. A real advisor only has one goal, the success of their client. I put the client's best interest first, both legally and in practice. This philosophy is not just a matter of ethics, it is the best way for clients to build and protect wealth. We are transparent about everything, because our only motivation is client's success. This philosophy extents to our fee structure too. Our retainer fee structure allows clients to hold assets where they want, were is best for them.

G. Asset Requirement
  • None

II. Contact Information

A. Key Contact
  • Mark Struthers
B. Main Location
  • Chanhassen, Minnesota, 55317
C. Additional Locations
  • Edina, Minnesota
    Woodbury, Minnesota
D. Telephone
  • 952.412.6002

III. Internet

A. Visit Website
B. Social Connections

IV. Firm(s)

A. Name of Firm
  • Sona Financial, LLC
B. Relationship to Firm
  • Owner
C. Name of RIA
  • Sona Financial, LLC
D. Name of Broker/Dealer
  • None
E. Name(s) of Custodian(s)
  • TD Ameritrade Institutional

V. Credentials

A. Years of Financial Experience
  • 15 Years
B. College, Degrees, Years
  • None
D. Financial Industry Associations (Active Memberships)
  • NAPFA
  • XYPN

VI. Registration, Licensing,
Compliance

A. RIA/IAR Registration
  • RIA
B. Type of RIA Registration
  • State - Minnesota
C. Industry Licenses
  • None
D. Registration & License Numbers
  • CRD: 2964216
  • IARD: None
  • Insurance: None
E. State Licences
  • Financial Advice, Services for Fees: Minnesota
  • Investment Products for Commission: Not Applicable
  • Insurance Products for Commission: Not Applicable
F. Compliance Record (Investment)
  • No Disclosures
G. Compliance Record (Insurance)
  • No Disclosures
H. Criminal Disclosure(s)
  • None
I. Additional Disclosure(s)
  • None
J. View our ADV(s)
K. Links

VII. Business Data & Practices

A. Business Philosophy
  • Read Business Philosophy

    I am fee-only fiduciary advisor. A real advisor only has one goal, the success of their client. I put the client's best interest first, both legally and in practice. This philosophy is not just a matter of ethics, it is the best way for clients to build and protect wealth. We are transparent about everything, because our only motivation is client's success. This philosophy extents to our fee structure too. Our retainer fee structure allows clients to hold assets where they want, were is best for them.

B. Minimum Asset Requirement
  • None
C. Number of Current Clients
  • Available Upon Request
D. Assets (Management, Advisement)
  • Available Upon Request
E. Methods of Compensation
  • Hourly Fee
  • Fixed Fee
  • Asset-Based Fee
F. Methods of Communication
  • Face-to-Face Meetings
  • Telephone
  • Email
  • Skype/Voice
  • Skype/Video-Voice
G. Types of Reports (Frequency)
  • Performance (Quarterly)
  • Brokerage Statement (Monthly)
  • Market Environment (Quarterly)
  • Newsletters (Monthly)
H. Second Language(s)
  • None
I. Value Statement
  • View Value Statement
    I am not only a CERTIFIED FINANCIAL PLANNER professional, or CFP®, but also a Chartered Financial Analyst, or CFA. This not only gives me a great background in planning and tax, but also investing. A client's success depend on both. Just like my fiduciary model, everything is structured around transparency and the client succeeding. We are also an approved Dimensional-Fund Advisor (DFA). These funds are at the core of our tailored portfolios. The fit into our client-first model. Just like Sona, they are transparent and low cost.

VIII. Clients & Services

A. Types of Clients
  • Individuals & Couples (Working)
  • Individuals & Couples (Retired)
  • Business (Taxable)
  • Endowments & Foundations
B. Types of Financial Services
  • Planning Advice & Services
  • Investment Advice & Services
C. Discretionary Asset Management
  • Discretionary and Non-Discretionary
D. Limited Engagement Services
  • Planning Only
  • Financial Plan Reviews
  • Investment Portfolio Reviews
  • As long as it doesn't harm the client, I can handle most anything with the hourly engagement.
E. Comments
  • With retainer, the client can hold assets anywhere -- with me at TDA or where they want.

IX. Certification

Advisor Name
  • Mark Struthers
Most Recent Update:
  • Apr 15, 2017

Other

I use LLIS or other insurance brokers for insurance products