KO

Kurt James Obermiller

13 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
18 advisors
Number of Clients
860 clients
Average Client Portfolio
$579K average
Assets Under Management
$497.8M

Fee Structure

Minimum Investment:$500K
Financial Plan Fee:From $5,000
Hourly Rate:Up to $250/hr

Nepsis charges a maximum annual advisory fee of 2.50% of assets under management, billed quarterly in advance. This fee is negotiable. An additional asset-based pricing (ABP) fee is charged in lieu of standard ticket charges: 0.20% on the first $75,000, 0.12% from $75,001 to $2,000,000, and 0.08% above $2,000,001. There is also a quarterly performance reporting/account maintenance fee of $21.25 per account. Financial planning and consulting are offered at an hourly rate of $250 or a fixed fee ranging from $5,000 and up, depending on complexity. A minimum of $500,000 is required to open and maintain an advisory account.

Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningEducation PlanningHigh Net Worth
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Advisor Information

Office location

Two Meridian Crossings, Suite 400, Minneapolis, MN, 55423

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Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Kurt sells fixed insurance products, including traditional insurance, group benefits, health, medical supplements, LTC, and disability through various carriers since 2013. He is also an investment adviser representative (IAR) with Nepsis Advisor Services, Inc. and a financial consultant with Innovative Income Strategies, LLC, both since 2018.

Employment History
Current Registrations
Nepsis, INC.
June 2022 - Present · 3 yrs 7 mos
Previous Registrations
Heritage Wealth Management, LLC
March 2020 - June 2022 · 2 yrs 3 mos
Elite Investment Team LLC
November 2018 - December 2020 · 2 yrs 1 mo
Nepsis Advisor Services, INC.
January 2018 - February 2020 · 2 yrs 1 mo
Principal Securities, INC.
January 2014 - December 2017 · 3 yrs 11 mos
Principal Securities, INC. Broker
January 2012 - December 2017 · 5 yrs 11 mos
State Registrations1 state
MN
Advisor
Exams
No exam information available for this advisor.