Douglas Wanous
Advisor at EFS Advisors
Data sourced from SEC public records (and other sources when available). Some details may be added by the advisor after claiming their profile. Refreshed daily • Updated today.
Advisor at EFS Advisors
Data sourced from SEC public records (and other sources when available). Some details may be added by the advisor after claiming their profile. Refreshed daily • Updated today.
Location
Cambridge, MN 55008
Credentials
Series 63, Series 65
Industry experience
4 years
Douglas Wanous is a financial advisor with EFS Advisors in Cambridge, MN, holding Series 63 and Series 65 credentials and four years of industry experience. He has worked at EFS Advisors and Advanced Advisor Group LLC since 2021. Outside of finance, Wanous is a teacher and coach with Owatonna Public Schools ISD 761, a role he has held since 1993. EFS Advisors serves a broad client base including individuals, businesses, charitable organizations, and qualified retirement plans. The firm employs a client-centric suitability scoring system for recommending model portfolios, conducts quarterly fund reviews, and provides continuous supervisory portfolio management.
Based on EFS Advisors
Administrative fee of $14 per year ($3.50 per quarter) for EFS Advisors Choice clients with balances under $25,000; Loan initiation fee of $100 and quarterly loan administration fee of $15 per loan
$0.00 - $210,000: 1.04% annually (0.26% quarterly) $210,001 - $500,000: 0.96% annually (0.24% quarterly) $500,001 - $1,000,000: 0.88% annually (0.22% quarterly) $1,000,001 - $3,000,000: 0.80% annually (0.20% quarterly) $3,000,001 - $5,000,000: 0.72% annually (0.18% quarterly) $5,000,001 - $10,000,000: 0.68% annually (0.17% quarterly) $10,000,001+: 0.60% annually (0.15% quarterly)
Commissions from securities and insurance products sold through affiliated Broker/Dealer and insurance agency
Up to $350/hour for non-asset management consulting services (negotiable)
Fee-only: Non-asset management consulting services up to $350/hour (negotiable)
1995 East Rum River Drive S
Cambridge, MN 55008
Iowa · Minnesota · Wisconsin
EFS Advisors
2021 - Present (5 years)
Advanced Advisor Group LLC
2021 - Present (5 years)
Owatonna ISD 761
1993 - Present (33 years)
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Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
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Other specialized services
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Is not active or affiliated with:
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Lawyer
They provide legal services, typically billed separately.
Real estate agent
They facilitate real estate transactions and may earn commissions.
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