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Matthew Niederbaumer

Advisor at Northrock Partners, LLC

Updated today

Location

Watertown, SD 57201

Credentials

CFP®, Series 66

Industry experience

23 years

About

Matthew Niederbaumer is a CFP® professional with 23 years of industry experience, currently serving at Vantage Financial Partners, LLC since 2021. He previously worked at Thrivent Advisor Network, LLC and Thrivent Financial for Lutherans, where he spent 18 years. Outside of his advisory role, Niederbaumer is the head golf coach and head boys basketball coach at James Valley Christian School in Huron, South Dakota. Vantage Financial Partners provides financial planning, consulting, and discretionary investment management to individuals, corporations, and retirement plans. The firm manages approximately $810.7 million and offers customized portfolios emphasizing low-cost mutual funds and ETFs, strategic asset allocation, and tax-aware investment strategies.

Client services

Based on Northrock Partners, LLC

Financial planning Portfolio management Selection of other advisers Educational seminars or workshops General consulting services

Expertise

Based on Northrock Partners, LLC

Retirement income strategy Wealth management Private / alternative investments Real estate investing

Occupation focus

Based on Northrock Partners, LLC

Founder/Business Owner Executive

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Fee options

Fixed

Flat fees for retirement plan consulting from $500 to $10,000 depending on scope

Percentage

$0+: 0.50% – 1.25% per annum (Program Fee generally varies depending on client relationship) $0+: 0.75% - 1.50% per annum for assets custodied at Schwab and Fidelity managed directly by the Firm $0+: 0.45% - 0.90% per annum for legacy billing clients acquired by NorthRock $0+: 0.20% - 1.00% per annum for retirement plan investment consulting (may also charge flat fees from $500 to $10,000 depending on scope)

Other

Minimum fee: Minimum Program Fee of $5,000 per year, which may be waived or adjusted at Firm's discretion Fee-only: Fixed negotiated rates or combination of percentage of assets and fixed negotiated rates as described in Wealth Management Agreement

Location

807 S Maple Street

Watertown, SD 57201

Most active in

South Dakota

Work history

NorthRock Partners, LLC

2026 - Present (1 year)

Vantage Financial partners, LLC

2021 - 2026 (5 years)

Thrivent Advisor Network, LLC

2020 - 2021 (1 year)

THRIVENT FINANCIAL for Lutherans

2002 - 2020 (18 years)

Thrivent Investment Management

2002 - 2020 (18 years)

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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Lee R

Series 65, Series 66

Watertown, SD

Midwest Financial Strategies

Lee Rycraft is a financial advisor with Midwest Financial Strategies, holding Series 65 and Series 66 credentials and 15 years of industry experience. He previously worked at Visionpoint Advisory Group, LPL Financial, and Axa Advisors. Outside of his advisory role, Rycraft operates as a licensed insurance agent. Midwest Financial Strategies provides portfolio management, financial planning, and retirement plan consulting to individuals, trusts, and employer plans. The firm uses tailored Investment Policy Statements and a long-term trading approach, frequently delegating implementation through third-party services.

Annuities
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Terry P

Series 63, Series 65

Watertown, SD

Terry Peschl & Associates, Inc.

Terry Peschl is the principal of Terry Peschl & Associates, Inc., a state-registered investment advisory firm based in Watertown, South Dakota. He holds Series 63 and Series 65 licenses and has 37 years of industry experience. He has operated his advisory firm since 1973 and also manages a rental property business. Terry Peschl & Associates provides financial planning, third-party money manager selection, and retirement plan services to individuals and employer SIMPLE plans. The firm focuses on planning and advisory services while relying on recommended third-party managers for investment implementation, without directly managing client portfolios.

Retired
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Thomas M

Series 65

Watertown, SD

Big Sioux Wealth Management

Thomas Mattingly is a financial advisor at Big Sioux Wealth Management with two years of industry experience. He holds a Series 65 credential and previously worked for 14 years with the Watertown School District. Mattingly also serves as a basketball and football coach at Watertown High School. Big Sioux Wealth Management provides portfolio management, financial planning, and retirement plan advisory services to individuals, high-net-worth clients, trusts, estates, charitable organizations, and businesses. The firm offers tailored investment programs and educational seminars, serving over 1,100 clients with approximately $200.7 million in assets under management.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Retired
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Nancy L

Series 66

Watertown, SD

Colliers Securities LLC

Nancy Linneman is a financial advisor at Colliers Securities LLC with 19 years of industry experience. She holds a Series 66 designation and has been with Colliers Securities since 2010. Outside of her advisory role, she serves as a board member for the Watertown Community Foundation/Women & Giving, involved in grant dispensing. Colliers Securities LLC serves individuals, trusts, estates, pension and profit-sharing plans, charitable organizations, and business entities by providing brokerage, custody, execution, and investment advisory services. The firm offers both non-discretionary fee-based advisory and discretionary wrap programs, utilizing third-party advisory platforms and manager relationships to implement investment strategies.

Active portfolio management
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Connie S

Series 65, Series 66

Watertown, SD

Big Sioux Wealth Management

Connie Streff is a financial advisor at Big Sioux Wealth Management in Watertown, SD, holding Series 65 and Series 66 licenses with two years of industry experience. Prior to joining Big Sioux Wealth Management, she worked at Peschl & Associates, Inc. and spent over a decade with the South Dakota Division of Insurance and Securities. Big Sioux Wealth Management offers portfolio management, financial planning, and retirement plan advisory services to a diverse client base including individuals, high-net-worth clients, trusts, and charitable organizations. The firm uses a tailored investment approach combining fundamental and technical analysis and supports a large client base through a scaled servicing model.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Retired
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Dustin P

CFP®, Series 63, Series 65

Watertown, SD

Big Sioux Wealth Management

Dustin Padgett is a CFP® with 27 years of experience in the financial services industry. He is currently with Big Sioux Wealth Management, where he has worked since 2019, and previously spent 19 years at Raymond James Financial Services. Padgett also holds Series 63 and Series 65 licenses. Big Sioux Wealth Management provides portfolio management, financial planning, and retirement plan advisory services to individuals, high-net-worth clients, trusts, estates, charitable organizations, and businesses. The firm combines fundamental and technical analysis with tailored investment programs and serves over 1,100 clients with approximately $200.7 million in assets under management.

Wealth management Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Retired
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