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Advisor

Richard Thoreson

Thoreson Steffes · Fargo, North Dakota

Richard Thoreson is a fee-only financial advisor at Thoreson Steffes in Fargo, North Dakota, who holds the CFA credential. Thoreson Steffes reports charging a percentage of assets and hourly fees on its Form ADV.

Percentage of assetsHourly Fee-only CFA

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Facts

FirmThoreson Steffes
Based in Fargo, North Dakota
Fee model (firm's Form ADV)Percentage of assets · Hourly
Assets under management$49.3M across 31 accounts
CredentialsCFA
SEC registration Investment adviser representative in ND · CRD 1052432
Firm size2 employees
Disclosures None reported
LinkedInProfile

How Richard's firm compares

  • Thoreson Steffes's average account is about $1.6 million, from its Form ADV (assets managed divided by 31 accounts).

What fee-only advisors charge

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Questions about Richard

Is Richard Thoreson a fee-only financial advisor?

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

How does Richard charge for financial advice?

Richard's firm, Thoreson Steffes, reports charging a percentage of assets and hourly fees on its SEC Form ADV.

Where is Richard Thoreson based?

Richard Thoreson is based in Fargo, North Dakota.

What credentials does Richard Thoreson hold?

Richard Thoreson holds the CFA credential.

Is Richard Thoreson registered with the SEC?

Yes. Richard Thoreson is registered as an investment adviser representative in ND (CRD 1052432), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

How much does Thoreson Steffes manage?

Thoreson Steffes reports $49.3M across 31 accounts in assets under management.

How do I contact Richard Thoreson?

Contact details aren't on file yet. Search for Thoreson Steffes.

What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms

Where this information comes from

  • SEC adviser records : 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 : registration, exams, and the firm's Form ADV, data as of October 29, 2026
  • Directory listing last checked October 30, 2026.

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