Bloomington, MN Office

Team
Updated today
ON Investment Management CO logo

ON Investment Management CO

Multi-team

Firm-wide stats for ON Investment Management CO

Total advisors

198

Across 121 offices

Clients per advisor

47 Low

Avg AUM per client

$319,610 Low

HNW client ratio

9% Low

About

O.N. Investment Management Company (ONIMCO) is a SEC-registered investment adviser and a subsidiary of The O.N. Equity Sales Company (ONESCO) that provides financial planning, portfolio management, and retirement-plan advisory services to individuals (including high-net-worth clients), families, trusts, estates, charitable organizations, businesses, and ERISA plan sponsors. Services include comprehensive and modular financial plans, specialized hourly or fixed-fee services, and access to a range of third-party investment programs (for example, American Funds, Envestnet, SEI, AssetMark) as well as IAR-directed Envestnet programs.

Advisers at ONIMCO commonly hold FINRA Series 6/7 and/or Series 65/66 credentials and frequently act as registered representatives of the affiliated broker-dealer, recommending third-party managers or constructing portfolios in IAR-directed programs. Although the firm offers discretionary Envestnet programs where IARs may exercise discretion, ONIMCO reports that most of its assets under management are non-discretionary ($2,248,084,369 non-discretionary vs. $904,464,800 discretionary), and client accounts are managed through a mix of discretionary third-party managers and non-discretionary advisory relationships.

What is notable relative to many large advisers is the firm’s ongoing broker-dealer activity and dual-registration model—its IARs often transact as registered representatives and ONIMCO maintains solicitor arrangements and revenue relationships with program sponsors. The brochure also discloses a prior SEC enforcement matter concerning mutual fund share-class selection and revenue sharing (resulting in an SEC order, remediations including rebating 12b-1 fees since March 2017, and payments of disgorgement, prejudgment interest, and a monetary penalty), which the firm identifies as a significant compliance and remediation item.

Based on ON Investment Management CO

Expertise

General retirement planning Retirement income strategy College savings (529s, UTMA, etc.)

Based on ON Investment Management CO

Location

8011 34th Avenue South, Suite 436

Bloomington MN 55425

Advisors at this office

6

Advisors at this office

user avatar

John C

Series 63

Bloomington, MN

ON Investment Management CO

John Campbell is a financial advisor with ON Investment Management Company in Bloomington, MN, holding a Series 63 license and bringing 43 years of industry experience. He has worked with The O.N. Equity Sales Company since 2006 and has prior experience at Ohio National Financial Services and New England Securities dating back to 1990. Outside of his advisory role, Campbell is also active as a career agent in insurance, providing sales and counsel on life insurance, annuities, disability, and long-term care insurance. ON Investment Management Company is a multi-team, SEC-registered investment adviser serving individuals, families, trusts, charitable organizations, businesses, and retirement-plan sponsors. The firm offers comprehensive financial planning, portfolio management, and access to various third-party investment programs, managing assets through a combination of discretionary and non-discretionary arrangements.

General retirement planning Retirement income strategy College savings (529s, UTMA, etc.)
user avatar

Bradley S

Series 63

Bloomington, MN

ON Investment Management CO

Bradley Struve is a financial advisor with ON Investment Management Company who holds a Series 63 designation and has 48 years of industry experience. He has worked at The O.N. Equity Sales Company since 1992 and at Aetna Life and Casualty since 1978. Outside of his advisory role, Struve is president and shareholder of Pilot Financial Partners, Inc., where he is involved in insurance sales. ON Investment Management Company is a SEC-registered adviser serving individuals, families, trusts, estates, charitable organizations, businesses, and ERISA plan sponsors. The firm provides financial planning, portfolio management, and retirement-plan advisory services using a combination of discretionary and non-discretionary strategies and offers access to various third-party investment programs.

General retirement planning Retirement income strategy College savings (529s, UTMA, etc.)
user avatar

Drew S

Series 65

Bloomington, MN

ON Investment Management CO

Drew Sonnenberg is a financial advisor at O.N. Investment Management Company with Series 65 credentials and less than one year of industry experience. His background includes roles in the financial services sector as well as various positions related to hospitality and recreation. O.N. Investment Management Company is a multi-team SEC-registered investment adviser that provides financial planning, portfolio management, and retirement-plan advisory services to individuals, families, trusts, charitable organizations, businesses, and ERISA plan sponsors. The firm offers a range of third-party investment programs and utilizes a dual-registration model combining advisory and broker-dealer activities.

General retirement planning Retirement income strategy College savings (529s, UTMA, etc.)
user avatar

Michael F

Series 63, Series 65

Bloomington, MN

ON Investment Management CO

Michael Franta is a financial advisor with ON Investment Management Company, holding Series 63 and Series 65 credentials and 29 years of industry experience. He has been affiliated with The O.N. Equity Sales Company since 2004 and has worked in insurance sales and services with Mutual/United Of Omaha Insurance Company since 1995. Outside of his advisory work, he serves as treasurer for a local Boy Scouts of America pack. ON Investment Management Company is a SEC-registered adviser offering financial planning, portfolio management, and retirement-plan advisory services to a diverse client base, including individuals, families, charities, and businesses. The firm provides both discretionary and non-discretionary investment programs, commonly involving a dual-registration model with affiliated broker-dealer activity.

General retirement planning Retirement income strategy College savings (529s, UTMA, etc.)
user avatar

Ross M

Series 63

Bloomington, MN

ON Investment Management CO

Ross Middleton is a financial advisor with ON Investment Management Company, holding a Series 63 designation and 28 years of industry experience. He has worked with The O.N. Equity Sales Company since 2002 and Woodmen Acc & Life since 1996. Outside of investment advising, Middleton is also licensed as an insurance agent, selling life, disability, and fixed annuity products. ON Investment Management Company is a SEC-registered adviser providing financial planning, portfolio management, and retirement-plan advisory services to a diverse client base including individuals, families, trusts, charitable organizations, and businesses. The firm offers a combination of discretionary and non-discretionary management options and utilizes a dual-registration model integrating broker-dealer activities.

General retirement planning Retirement income strategy College savings (529s, UTMA, etc.)
user avatar

Craig J

Series 63, Series 66

Bloomington, MN

ON Investment Management CO

Craig Johnson is a financial advisor with ON Investment Management Company in Bloomington, MN, holding Series 63 and Series 66 credentials and 27 years of industry experience. He has been associated with The O.N. Equity Sales Company and Ohio National Financial Services for 20 years. Outside of his advisory role, Johnson serves on the board of the Minnesota Valley Country Club. ON Investment Management Company is a subsidiary of The O.N. Equity Sales Company that provides financial planning, portfolio management, and retirement-plan advisory services to individuals, families, trusts, estates, charitable organizations, businesses, and ERISA plan sponsors using both discretionary and non-discretionary investment approaches.

General retirement planning Retirement income strategy College savings (529s, UTMA, etc.)
View complete list of advisors at this office
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