# Ludger Borger

> Ludger Borger is a fee-only financial advisor at Borger Capital Management in Wausau, Wisconsin. Borger Capital Management reports charging a percentage of assets, hourly fees and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/ludger-borger/
Built from SEC adviser records; last checked October 30, 2026.

## Facts

- **Firm:** Borger Capital Management
- **Based in:** Wausau, Wisconsin
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly; Fixed fees
- **Assets under management (firm):** $4.5M across 26 accounts
- **CRD:** 6176218 (https://adviserinfo.sec.gov/individual/summary/6176218)
- **SEC registration:** Investment adviser representative in CA, FL, WI
- **Exams passed:** Series 63 (2020), Series 65 (2022)
- **Firm size:** 3 employees
- **Disclosures:** None reported

## Frequently asked questions

### Is Ludger Borger a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Ludger holds no broker registration, and Borger Capital Management reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Ludger charge for financial advice?

Ludger's firm, Borger Capital Management, reports charging a percentage of assets, hourly fees and fixed fees on its SEC Form ADV.

### Where is Ludger Borger based?

Ludger Borger is based in Wausau, Wisconsin.

### Is Ludger Borger registered with the SEC?

Yes. Ludger Borger is registered as an investment adviser representative in CA, FL and WI (CRD 6176218), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Borger Capital Management manage?

Borger Capital Management reports $4.5M across 26 accounts in assets under management.

### How do I contact Ludger Borger?

Contact details aren't on file yet. Search for Borger Capital Management.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/6176218): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.