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EFS ADVISORS
Legal name: EFS ADVISORS LLC
CRD 115211File 801-62857
APPROVED
Retail clients
Disclosure events
Filing as of Mar 3, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$2.40B
Top 25% of cohort (national)
Discretionary AUM
$2.20B
Non-discretionary $197.8M
Clients
21,701
29,438 accounts
Employees
59
Top 25% of cohort in MN
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- CHRO
- Registration date
- Mar 11, 2004
- Principal office
- 1995 EAST RUM RIVER DRIVE S, CAMBRIDGE, MN, 55008
- Phone
- 763-689-9023
- Website
- HTTP://WWW.TSAINVEST.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $2.40B
- Discretionary AUM
- $2.20B
- Non-discretionary AUM
- $197.8M
- Discretionary accounts
- 28,122
- Non-discretionary accounts
- 1,316
- Total accounts
- 29,438
- AUM per client
- $111K
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 6 | $3.4M |
| Insurance companies | Fewer than 5 | $4.7M |
| Charitable organizations | 9 | $1.1M |
| Pension and profit sharing plans | 24 | $59.8M |
| State or municipal government entities | Fewer than 5 | $127K |
| Individuals (other than high net worth individuals) | 21,660 | $2.33B |
Compensation & activities
ADV Items 5E, 5GCompensation
- Hourly charges
- A percentage of assets under your management
Advisory activities
- Other
- Publications
- Financial planning services
- Portfolio management for other
- Portfolio management for businesses
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11- Q11
- Q11C2
- Q11C4
- Q11C5
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Clients | 21,451 | 21,701 | increased by250 |
| Apr 1, 2026 | AUM | $2,271,853,092 | $2,402,605,047 | increased by$130,751,955 |
| Apr 1, 2026 | Accounts | 29,714 | 29,438 | decreased by276 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 49 | 59 | increased by10 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 25,577 | 21,451 | decreased by4,126 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $1,942,284,710 | $2,271,853,092 | increased by$329,568,382 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 25,562 | 29,714 | increased by4,152 |
| Apr 1, 2022 | Clients | 18,100 | 25,577 | increased by7,477 |
| Apr 1, 2022 | AUM | $1,720,085,898 | $1,942,284,710 | increased by$222,198,812 |
| Apr 1, 2022 | Accounts | 24,122 | 25,562 | increased by1,440 |
| Nov 1, 2021 | Custody | Yes | No | |
| Oct 1, 2021 | Disclosures | No | Yes | |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “EFS ADVISORS” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“EFS ADVISORS” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.