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FINANCIAL STRATEGIES GROUP
Legal name: CLASSIC ASSET MANAGEMENT, LLC
CRD 122030File 801-67302
APPROVED
Retail clients
Custody
Disclosure events
Filing as of May 5, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$189.1M
Bottom 25% of cohort (national)
Discretionary AUM
$187.2M
Non-discretionary $2.0M
Clients
659
1,346 accounts
Employees
10
Below cohort median in ND
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- DRO
- Registration date
- Dec 1, 2006
- Principal office
- 1220 28TH AVENUE NORTH, FARGO, ND, 58102
- Phone
- 701-234-0103
- Website
- HTTPS://WWW.FINSTRAT.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $189.1M
- Discretionary AUM
- $187.2M
- Non-discretionary AUM
- $2.0M
- Discretionary accounts
- 1,337
- Non-discretionary accounts
- 9
- Total accounts
- 1,346
- AUM per client
- $287K
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | Fewer than 5 | $85K |
| Charitable organizations | Fewer than 5 | $2.1M |
| High net worth individuals | 57 | $66.0M |
| Individuals (other than high net worth individuals) | 602 | $121.0M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- Hourly charges
- A percentage of assets under your management
Advisory activities
- Other advisory activities
- Financial planning services
- Selection of other advisers
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- 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- Q11C2
- Q11C4
- Q11C5
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Feb 1, 2026 | AUM | $169,820,000 | $189,148,000 | increased by$19,328,000 |
| Feb 1, 2026 | Accounts | 1,344 | 1,346 | increased by2 |
| May 1, 2025 vs Oct 1, 2022 | Disclosures | No | Yes | |
| May 1, 2025 vs Oct 1, 2022 | Clients | 884 | 659 | decreased by225 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $179,713,000 | $169,820,000 | decreased by$9,893,000 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 1,817 | 1,344 | decreased by473 |
| Feb 1, 2022 | Clients | 840 | 884 | increased by44 |
| Feb 1, 2022 | AUM | $166,983,000 | $179,713,000 | increased by$12,730,000 |
| Feb 1, 2022 | Accounts | 1,641 | 1,817 | increased by176 |
| Sep 1, 2021 | Employees | 4 | 10 | increased by6 |
| Sep 1, 2021 | Clients | 844 | 840 | decreased by4 |
| Sep 1, 2021 | AUM | $169,906,000 | $166,983,000 | decreased by$2,923,000 |
| Sep 1, 2021 | Accounts | 1,645 | 1,641 | decreased by4 |
| 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 “FINANCIAL STRATEGIES” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“FINANCIAL STRATEGIES” 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.