your
SuccessCommitmentAmbitionPartnershipInsightIndependence

our inspiration

ABOUT ADVISORNET FINANCIAL

OUR VALUES

AdvisorNet Financial gives independent financial advisors the freedom to focus on their business by offering industry expertise and operational support so they can excel in their practice.

REPUTATION

Building a strong and respected reputation takes time; AdvisorNet Financial has been helping independent financial advisors serve their clients and establish their reputations since 1959.

RELATIONSHIPS

As an independent financial advisor, your focus is on building relationships with your clients so that you can serve them well. Our focus is on building relationships with you.

RESOURCES

AdvisorNet Financial offers independent financial advisors a full circle of services to meet and support the individual needs of your unique practice, wherever you need it.

Our core values define who we are, shape our culture and guide how we do business.

Community

We make a difference.

PASSION

We love what we do.

COLLABORATION

We value working together.

INTEGRITY

We do the right thing.

EMPOWERMENT

We believe in our team.

231

ADVISORS

50

OWNERS

1959

FOUNDED

52

EMPLOYEES

OUR SERVICES

With a unique model of inter-dependence, AdvisorNet Financial provides back-office functionality and resources you can depend on to improve your competitiveness and client services.

You receive the support you need to build your practice through technology, marketing, HR, compliance, and advisor support. Further, we offer practice management, succession planning, ensemble support, and other value-added services to take your business to the next level. Whether you do RIA business, broker dealer or both, AdvisorNet is flexible; we give you the independence to serve your clients the way you have always wanted to.

MicrosoftTeams
services icon1 financial planning investment advisor

Your Business. Your Way.

RIA

AdvisorNet Wealth Partners is our registered investment advisory platform. We partner with entrepreneurial advisors who are looking for independence without sacrificing valuable infrastructure or operational excellence. With a multi-custodial platform offering, our business model is flexible and built to scale.

BROKER DEALER

Through our association with Cetera Advisor Networks LLC, our registered representatives can offer securities and investment advisory services on a scale with one of the nation’s leading broker dealers/registered investment advisors. We offer full broker dealer representation and access to all of Cetera Advisor Networks tools and technology along with dedicated support and training.

Cetera is under separate ownership from any other named entity.

HYBRID

Setting up a hybrid relationship allows you to partner with our associated broker-dealer, Cetera Advisor Networks, as well as our RIA, AdvisorNet Wealth Partners. Being hybrid can allow you to use an alternative RIA platform while still leveraging the services of a broker-dealer.

services icon2 financial planning investment advisor

Core Services and Support.

COMPLIANCE

Our dedicated compliance team acts as a liaison between your office and Cetera Advisor Networks. They take a consultative approach to advertising and trade review which can help expedite the review process.

marketing

Building a distinctive brand helps your practice stand out. AdvisorNet Marketing is here to advise you on the messages and strategies to engage your target market. We provide in-house design, branding, event planning, websites, and strategic marketing support for your business.

technology

We understand the software and hardware requirements needed to sustain a growing financial practice. We work with in-house and remote advisors to secure their systems, consult on software and business solutions and provide the training and support you need to run a successful business and support your clients.

HUMAN RESOURCES

AdvisorNet Financial further supports your practice as a partner for outsourcing Human Resources. Give your practice a competitive advantage by partnering with an HR manager.

MEDIA PRODUCTION

Multi-Media allows you to deliver a custom message with your personal style. AdvisorNet marketing’s production team can help you with everything from conceptualizing ideas, assisting in scripting, filming, editing, and compliance review to make bringing multimedia into your practice easy. Videos and podcasts produced through an outside agency may cost thousands of dollars. Leverage AdvisorNet’s production team to create agency level projects but at a fraction of the cost.

services icon3 financial planning investment advisor

full service.

INSURANCE & BENEFITS

AdvisorNet Insurance acts as a full-service brokerage agency to assist in analyzing both you and your clients’ needs. Additionally, AdvisorNet Benefits assists you to with client employee benefit needs. Both departments will assess carriers and review existing plans to rein in costs and gain competitive, quality insurance and benefits.

PORTFOLIO PARTNERS

AdvisorNet Portfolio Partners works to make advisory business easy for you. This team of professionals provides portfolio management, back-office support and streamlined trading resources, allowing you the time to focus on growing your business and solidify client relationships.

PLANNING PARTNERS

We provide comprehensive financial planning services for advisors, along with well-researched recommendations for insurance, tax, qualified plans, investments, and more. We act as an extension of your team, providing decades of experience and insight that you pass on directly to your clients and prospective clients. This allows you—the advisor—to increase your value proposition with your clients.

EMPLOYER PLAN PARTNERS

The AdvisorNet Employer Plan Partners (EPP) team provides employer-sponsored plan experience personalized to you and your valued clients. We understand that employer financial plans may not be a focus for your business or you may not be interested in navigating the landscape. We specialize in EPP so you don’t have to.

GROUP BENEFITS

Through AdvisorNet Benefits, you have access to a team of experts to support your business owner and individual clients on benefits, including Medicare, group health, and individual plans. Having the ability to offer your clients education and solutions helps you stand out in the financial advice space.

services icon4 financial planning investment advisor

The Next Level.

SUCCESSION PLANNING

AdvisorNet Financial has the resources to assist you in objectives planning for your business and family. We offer tailored analysis and consulting to develop an effective estate plan, business succession/exit plan, executive compensation program, and retirement and risk management plans.

MEET OUR TEAMS

Our team of experienced professionals bring a wealth of knowledge and a spirit of service to everything they do. Meet the team that is dedicated to supporting you and your business.

Meet the Team

Meet the Team

Find An Advisor

Meet the Team

OUR HISTORY

History Previous
1959
1960
1980
1985
1990
2006
2010
2011
2019
History Next
1959

With 60 years of experience today, AdvisorNet Financial began as a modest company by the name of Strommen & Associates. Founded by Clair Strommen in 1959, the group had just five associates and one staff person.

1960

During the 60s, 70s and early 80s, Strommen & Associates grew in size and scale opening offices in Duluth, North Dakota, and into Western Wisconsin. The main office was located in St. Paul on University Avenue at several addresses, eventually residing at 2469 University Avenue at the Strommen Building.

1980

In the 1980s, ownership of AdvisorNet Financial was assumed by Dan W. Anderson, Wayne C. Swenson, and Robert Strommen when Clair Strommen left the company. Together, they formed Swenson Anderson Brokerage and expanded insurance offerings.

 

1985

After 26 years in St. Paul,  1985 marked the move of the company’s main office to Minneapolis. 1221 Nicollet Mall would be the company’s headquarters for the next 26 years. One year later, in 1986, the firm became Swenson Anderson Associates, Inc. after the departure of Robert Strommen.

1990

In the early part of the decade, Financial Network Corporation became the company’s broker dealer. In 1997, Daniel May joined the ownership team with Dan Anderson and Wayne Swenson. The agency grew to over 90 advisors by the end of the decade and continued to expand services.

2006

2006 saw Dan May become President and CEO of the company. One year later, our name changed to AdvisorNet Financial to reflect the spirit of the organization — a network of great financial services advisors. 2007 also brought a shift in the ownership structure of the firm; AdvisorNet Financial added 23 new owners, becoming one of the few companies nationwide that is owned and lead by active advisors.

2010

Cetera took ownership of Financial Network and became AdvisorNet Financial’s new broker dealer in the beginning of 2010. Our RIA, AdvisorNet Wealth Management, added key staff and began to expand even further.

2011

In 2011, AdvisorNet Portfolio Partners became the latest service to be added to our famous “Circle of Services.” AdvisorNet Financial was awarded as a Top Workplace winner for the first time in 2011, an award we were recognized for 5 years in a row. Our office also moved to our current home in the 701 Building in downtown Minneapolis.

2019

AdvisorNet Financial added retail brand AdvisorNet Financial Partners, with one location in Minnesota.

Community Involvement

Our average annual involvement with charitable endeavors

10000 +

HOURS SERVED

250 +

CHARITIES

$ 1.5

MILLION RAISED

JOIN ADVISORNET

We provide back-office functionality and key industry products and resources to improve your competitiveness and client services. You get the support you need to build the practice of your dreams and the independence to serve your clients the way you have always wanted to.

Join AdvisorNet
advisornet
ows_154715469580102-e1562790402300 financial planning Top Financial Advisors Green Minneapolis logo financial planning investment advisors Best Prep logo financial planning investment advisors Top Wealth Manager
Broker Check