Big Sioux Wealth Management

Wealth Management Firm in Watertown, SD

Firm Info
Address: 1401 4th St NE, Watertown, SD 57201, USA
Phone: (605) 882-4280

Firm Size
Assets Under Management: $164.7 million
# of Advisors: 2
# of Clients: 1,286
Client to Advisor Ratio: 643:1
Average Account Size: $128,083
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Pension Consulting Services
  • Educational Seminars & Workshops

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pension & Profit Sharing Plans
  • Charitable Organizations

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly

Get Connected with a Financial Advisor

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Big Sioux Wealth Management Overview

Big Sioux Wealth Management is an investment advisory firm that has been in business since 2020 and is headquartered in Watertown, South Dakota. They are a fee-only firm, meaning that they do not receive any commissions or compensation from the sale of financial products. As an insurance broker/agent, they provide investment advice to individuals and small businesses. The firm offers a range of services designed to help clients meet their financial goals. Financial planning is at the core of what they do, helping clients create a roadmap for their financial future. They also provide portfolio management services, ensuring that clients' investments are aligned with their goals and risk tolerance. Additionally, they offer pension consulting services, helping clients navigate the complex world of retirement planning. Big Sioux Wealth Management believes in the power of education and offers a range of seminars and workshops to help clients become more knowledgeable about investing and financial planning. Whether it's a basic introduction to investing or a deep dive into the complexities of estate planning, they strive to provide clients with the information they need to make informed decisions about their financial futures.

billing flat fee combining various fee structures BIG SIOUX WEALTH MANAGEMENT caters to a diverse range of clients, from individual investors to high net worth individuals, pension or profit sharing plans, and charitable organizations. The investment firm's team of experienced advisors is equipped to provide personalized guidance and create customized investment plans for each client, based on their unique goals and financial circumstances. When it comes to fee structures, BIG SIOUX WEALTH MANAGEMENT offers a variety of options depending on the service provided. Clients can choose to pay a percentage of assets under management (AUM), an hourly billing rate, a flat fee, or a combination of fee structures that best suits their needs. The firm's transparent fee structure ensures that clients always know exactly what they are paying for and how much they are paying. This approach allows BIG SIOUX WEALTH MANAGEMENT to maintain strong, long-term relationships with their clients, built on a foundation of trust and mutual respect.

Typical Clients, Fee Structures & Investment Minimum

Unfortunately, BIG SIOUX WEALTH MANAGEMENT's Part 2 Brochure does not mention anything regarding their investment minimum. Therefore, it is unclear what the minimum investment requirement is for this firm. Investors may need to reach out to the firm directly to obtain more information about investment minimums.

How This Office Can Help Watertown, SD Residents

As a financial advisory firm, Big Sioux Wealth Management offers a range of services that are designed to provide tailored financial solutions for clients in Watertown, SD. Whether you are a young professional looking to make your first investments or a retiree planning your estate, the firm has the expertise and experience to meet your needs. With a focus on investment planning, wealth management, and retirement planning, the team at Big Sioux Wealth Management is equipped to help clients navigate a range of financial issues, from managing debt and improving credit scores to creating financial security for the years ahead. Located in an agricultural hub in northeast South Dakota, residents of Watertown may face unique financial challenges. For example, farmers in the region may need help with estate planning and income management, while small business owners may require assistance with financing and strategic planning. Residents of the area may also require help with tax planning, retirement planning and investment strategies. Whatever the specific needs of individuals and businesses in Watertown, SD, Big Sioux Wealth Management is dedicated to providing expert advice and personalized services to help clients meet their financial goals.

To view the Minimum Investment and Fee Schedule for Big Sioux Wealth Management, visit their Part 2 Brochure.

Services Offered by Big Sioux Wealth Management

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Big Sioux Wealth Management most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Hourly
Unavailable
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Commissions
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 1401 4th St NE, Watertown, SD 57201, USA
Phone (605) 882-4280
Directions
Google My Business Reviews:
5 Stars

Other Office Locations

This firm has no other locations.

State Registrations

Big Sioux Wealth Management is registered to service clients in the following states:

  • Arizona
  • Iowa
  • Minnesota
  • South Dakota
  • Texas

Disciplinary History

Big Sioux Wealth Management does not have any disclosures. Please visit it's Form ADV for more details.

FREQUENTLY ASKED QUESTIONS

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