C

Custom Funds Management LLC

Updated today

Client assets under management

$22,300,000

Clients

44

25% high-net-worth

Advisors

2

of 2 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

22

Low

Average account size

$506,818

About

Custom Funds Management LLC provides investment advisory and portfolio management services primarily to individual clients, including high net worth individuals, managing roughly $22.3 million across 44 client relationships. The firm offers discretionary management through separately managed accounts and generally charges percentage-of-AUM fees for its services.

The firm's brochure describes active portfolio management and specifies the use of derivatives within its separately managed accounts as part of its investment strategies and methods of analysis. It also discloses that it may accept performance-based fee arrangements and addresses side-by-side management considerations in its disclosures.

What is notable for a firm of this size is the combination of performance-based fees and the use of derivatives in client SMAs — features that are uncommon among similarly supported advisers and that can increase complexity and conflict-of-interest considerations. The brochure includes related disclosures on performance-based compensation, risk factors, and managerial safeguards that clients should review when comparing this firm to peers.

Client services

Portfolio management

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Main office location

Custom Funds Management LLC

Prior Lake MN, United States

Number of offices

1

Most active in

Minnesota

Disclosures

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

Business activities & affiliations

Advisors at this firm

user avatar

Lee R

Series 65

Prior Lake, MN

Custom Funds Management LLC

Lee Redman is a financial advisor with Custom Funds Management LLC in Prior Lake, MN, holding a Series 65 credential and 12 years of industry experience. He has been with Custom Funds Management since 2010. Outside of his advisory role, he operates a retail distributorship of nutritional products and air/water filters under Redman International. Custom Funds Management LLC provides investment advisory and portfolio management services mainly to individual and high net worth clients, managing approximately $22.3 million. The firm employs active portfolio management with the use of derivatives in separately managed accounts and offers performance-based fee arrangements.

user avatar

Henry S

Series 65

Prior Lake, MN

Custom Funds Management LLC

Henry Stokman is a financial advisor with Custom Funds Management LLC, holding a Series 65 designation and five years of industry experience. He has worked at several firms, including Impact Advisors and R1 RCM, and has been involved with Stokman Capital Management since 2013. Outside of his advisory role, he is a principal at ECG Management Consultants, a healthcare operations and strategy consulting firm. Custom Funds Management LLC provides investment advisory and portfolio management services primarily to individual clients, including high net worth individuals. The firm employs active portfolio management and uses derivatives within separately managed accounts, and it may accept performance-based fee arrangements.

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