MERISTEM FAMILY WEALTH, LLC other names

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Adviser Profile

Registration status: Terminated

As of Date:

03/28/2022

Adviser Type:

- Large advisory firm

Number of Employees:

41 7.89%

of those in investment advisory functions:

20 17.65%

AUM:

5,424,524,345 26.26%

of that, discretionary:

3,190,628,752 127.46%

SMA’s:

YES

Private Funds:

0

Websites (details):
Contact info

Phone: 952 xxxxxxx

Fax: 952 xxxxxxx

Client Types:

- Individuals (other than high net worth individuals)
- High net worth individuals
- Pooled investment vehicles
- Charitable organizations
- Corporations or other businesses not listed above

Advisory Activities:

- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses
- Selection of other advisers

Compensation Arrangments:

- A percentage of assets under your management
- Fixed fees (other than subscription fees)

Reported AUM

Discretionary
Non-discretionary
3B 3B 2B 2B 1B 912M 456M
2015 2016 2017 2018 2019 2020 2021 2022

Recent News

Meristem Family Wealth, LLC Buys iShares Core S&P 500 ETF, Technology Select Sector SPDR ...
08/20/2021

Related Stocks: IVV, XLK, QQQ, XLC, MSFT, AMZN, DIA, IWL, IJH, AGG, NOBL, VT, SHV, SDY, GE, MGNI, XLRE, NTES,

gurufocus.com


Private Funds Structure

Fund Type Count GAV

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Brochure Summary

Overview

Drawing on the decades of experience of its founders, Meristem was formed as an independently-owned wealth management firm in 2003. Meristem’s mission is to work with clients who look for more from their advisors. More independence. More flexibility. More accountability. Meristem meets families where their financial lives intersect with their personal lives. We come alongside, to advise, coordinate and execute each step with the scope and skill required to meet the complex financial needs of wealthy families. Meristem’s core service of investment management starts with a process of mutual discovery. Through wide-ranging conversations and document exchange with each client family, we work collaboratively to customize plans for each client’s unique situation and goals. In addition to the core function of investment management, client families can engage Meristem to provide advice and oversight in additional areas of their financial life. As the generational needs of each family evolve, the opportunities are great for improving a family’s total financial picture and seamlessly integrating the financial aspects of their lives. These services include:  Wealth forecasting, budgeting and cash flow management  Tax planning and coordination with tax and accounting professionals  Estate and wealth transfer planning and coordination with legal professionals  Legacy planning, family meeting coordination, and charitable
planning and administration  Risk management planning and coordination with other insurance professionals in the areas of health, life, property, casualty, disability and long-term care  Family business continuity and succession planning The majority of Meristem is owned by Partners working in and on our business every day. These current owners include Charles Maxwell, Jr., Chairman and CEO; Jon Crow, Chief Operating Officer, Treasurer and Partner; James Robbins, Chief Compliance Officer and Partner; and Patrick Regan, Chief Investment Officer and Partner. Of these Partners, only Charlie Maxwell owns more than 25% of Meristem. A minority interest is held by PC3 Ventures, LLC, a group led by Best Buy Founder, Richard Schulze; Kevin Bergman, President and COO of the Schulze family office, Olympus Ventures; and Michael Benson, Chairman and Chief Executive of Benson Blackburn, a wealth preservation consultancy. As of December 31, 2018, client assets under management with Meristem were: Client assets under discretionary management: $1,508,315,000 Client assets under non-discretionary management: $1,729,130,000 Total assets under management: $3,237,445,000 The definitions of discretionary and non-discretionary management, as well as detailed information about our investment process, are covered in this brochure under “Investment Discretion” and “Methods of Analysis, Investment Strategies and Risk of Loss.”