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Robert Nicholas Babich

Advisor at Wells Fargo Clearing — Virginia, MN

Updated today

Credentials

Series 66

Experience

16 years

Location

Virginia, MN 55792

Wells Fargo Clearing logo

Wells Fargo Clearing

Institution

Total advisors

14,116

Across 1,485 offices

Clients per advisor

92 Typical

Avg AUM per client

$475,575 High

HNW client ratio

50% Very High

About

Robert Babich is a financial advisor at Wells Fargo Clearing with 16 years of industry experience. He holds the Series 66 designation and has worked at Wells Fargo Advisors LLC from 2011 to 2016 before joining Wells Fargo Clearing, where he has been since 2016. Wells Fargo Clearing provides retirement plan consulting services to qualified ERISA plans and non-qualified deferred compensation plans, offering both discretionary and non-discretionary options. The firm’s advisory approach is driven by investment policy statements and modern portfolio theory, with a notable inclusion of insurance-related vehicles and bank deposit sweep options among its investment offerings.

Client services

Based on Wells Fargo Clearing

Financial planning Portfolio management Pension consulting Selection of other advisers
Investment consulting services to institutional clients

Occupation focus

Based on Wells Fargo Clearing

Retired Founder/Business Owner

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Fee options

Fixed

One-time service fees payable immediately after service; ongoing fees paid quarterly

Percentage

$0 - $1,000,000: 0.1% to 1.0% annually $1,000,000 - $5,000,000: 0.1% to 0.7% annually $5,000,000 - $10,000,000: 0.1% to 0.5% annually $10,000,000 - $25,000,000: 0.01% to 0.25% annually

Commissions

Brokerage transactions generate commissions; Financial Advisors receive a percentage of revenue from commissions

Other

Minimum fee: Minimum fees range from $500 to $5,000 depending on plan size Fee-only: Flat annual fees and percentage of assets fees available; fees are negotiable

Location

See office

Virginia, MN

401 Chestnut St

Virginia MN 55792

Advisors at this office

2

Most active in

Minnesota

Work history

16 years of industry experience

Wells Fargo Clearing

2016 - Present • 10 years

Hibbing, MN

WELLS FARGO ADVISORS LLC

2011 - 2016 • 5 years

Hibbing, MN

Wells Fargo Investments, Llc

2009 - 2011 • 2 years

MN

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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Paul M

CFP®, ChFC®, Series 63, Series 65

Eveleth, MN

Due North Financial, LLC

Paul Muhich is a financial advisor with Due North Financial, LLC in Eveleth, MN, holding CFP® and ChFC® designations and bringing 30 years of industry experience. He has worked with Due North Financial since 2016 and previously with Gradient Securities, LLC and Gradient Wealth Management. Outside of his advisory work, Muhich serves as a commissioner on the City of Eveleth Planning Commission and performs as a vocal soloist for various area churches. Due North Financial, LLC provides discretionary asset management and financial planning primarily for individual clients, as well as charitable organizations and some business clients. The firm uses documented investment programs incorporating fundamental and technical analysis, employs third-party model portfolios and sub-advisors, and maintains custody through platforms like Altruist and Charles Schwab.

General estate planning guidance Charitable giving & philanthropy Cash flow / budgeting
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Andrew R

Series 65

Virginia, MN

Northland Capital Management

Andrew Rogers is a financial advisor at Northland Capital Management with five years of industry experience. He holds the Series 65 designation and previously worked for fourteen years at Cleveland-Cliffs Northshore Mining Company. Northland Capital Management is a fee-only advisory firm that serves individuals, trusts, and pension plans through discretionary portfolio management and limited financial planning. The firm employs a primarily top-down investment approach with model portfolios ranging from Conservative to All Equity, including ESG options targeting lower carbon intensity.

ESG / Sustainable investing Passive / index investing
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Julie J

Series 65

Virginia, MN

Northland Capital Management

Julie Johnson is a financial advisor with Northland Capital Management in Virginia, MN, holding a Series 65 credential and 10 years of industry experience. She has been with Northland Capital Management LLC since 2016. Northland Capital Management is a fee-only advisory firm serving individuals, trusts, and pension plans with discretionary portfolio management, limited financial planning, and occasional consulting. The firm employs a top-down investment process with a value tilt and offers both standard and ESG model portfolios, including services for some state and municipal government clients.

ESG / Sustainable investing Passive / index investing
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Christopher E

Series 63, Series 65

Virginia, MN

Northland Capital Management

Christopher Erickson is a financial advisor at Northland Capital Management with 15 years of industry experience. He has been with Northland Capital Management since 2008 and holds Series 63 and Series 65 designations. Northland Capital Management is a fee-only investment advisory firm serving individuals, trusts, and pension plans through discretionary portfolio management and limited financial planning. The firm manages a range of model portfolios using a top-down, systematic approach with a focus on value stocks, ETFs, and mutual funds, and offers both standard and ESG portfolios targeting lower carbon intensity.

ESG / Sustainable investing Passive / index investing
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Adam L

CFP®, Series 66, Series 65

Britt, MN

Portfolio Medics, LLC

Adam Link is a CFP® with three years of industry experience, currently serving as a financial advisor at Portfolio Medics, LLC. He also holds roles as an Engineering Manager at Coinbase and Managing Director at Fireweed Capital, where he is involved in real estate activities. His prior experience includes positions at several firms, including Fluidity and Securian Financial Services. Portfolio Medics provides investment advisory and financial planning services primarily to individuals and high-net-worth clients, as well as small businesses, retirement plans, and charitable organizations. The firm employs a diversified investment approach that combines fundamental, technical, and cyclical analysis, offering customized portfolios with a range of investment strategies tailored to client objectives and risk tolerance.

Active portfolio management Passive / index investing
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Scott B

Series 63, Series 65

Biwabik, MN

Commonwealth Financial Network

Scott Brandt is a financial advisor with Commonwealth Financial Network, holding Series 63 and Series 65 credentials and 21 years of industry experience. He previously worked at John Hancock from 2008 to 2023 and has been affiliated with both Commonwealth Financial Network and Opus 111 Group since 2024. Outside of his advisory work, he has served as an ice rink attendant for the City of Aurora Recreation Department. Commonwealth Financial Network is a registered investment adviser supporting a national network of approximately 2,950 advisors. The firm provides a range of advisory programs and services, including discretionary model portfolios and personalized investment solutions, while offering operational and compliance support to affiliated advisors.

Passive / index investing Active portfolio management Tax-loss harvesting Wealth management Retirement income strategy Founder/Business Owner Executive Retired
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