Workman Securities Corporation (Eden Prairie)

Name: Workman Securities Corporation
Address: 6500 City West Parkway, Eden Prairie, MN, 55344
Telephone: 952-541-6094

Workman Securities Corporation is an adviser based in Eden Prairie. It manages $6 million of regulatory assets for 250 client accounts. It has been registered with the SEC as an adviser since 2005.

Workman Securities Corporation provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Workman Securities Corporation: assets under management

The assets under management (AUM) of Workman Securities Corporation is $6 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2 million in discretionary accounts and $4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $133.33 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $17.02 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Workman Securities Corporation for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Workman Securities Corporation

Paul Jacob Maxa has been acting as President since 1 May 2002. Klaus Herbert Siepmann joined the executive team most recently as the Chief Compliance Officer/Cfo/Financial & Operations Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Janice Elaine Wodarz	Financial operations principal	1 Jan 2002	Other	470930
Inc. Bdma	Owner	1 Feb 2002	75% - 100%	75-2978227
Paul Jacob Maxa	Ceo/president	1 May 2002	Other	xxx-xx-xxxx
Robert Alan Vollbrecht	Cfo/chief compliance officer	1 May 2002	Other	xxx-xx-xxxx
Robert Alan Vollbrecht	President	1 May 2006	Other	xxx-xx-xxxx
Klaus Herbert Siepmann	Chief compliance officer/cfo	1 May 2006	Other	2834847
Klaus Herbert Siepmann	Chief compliance officer/cfo/financial & operations principal	1 Oct 2006	Other	2834847

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Alan Vollbrecht	Part owner of bdma	1 Dec 2001	25% - 50%	xxx-xx-xxxx
Paul Jacob Maxa	Part owner of bdma	1 Jan 2005	25% - 50%	2059711
Dana Bruce Vietor	Part owner of bdma	1 Jan 2005	25% - 50%	873129

Based in Eden Prairie

The principal office where Workman Securities Corporation performs its advisory services is located at 6500 City West Parkway, Eden Prairie, MN 55344, which is also the mailing address of the firm. An additional office of the firm is in Northbrook, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 952-541-6094 or by fax 952-541-6019. The normal business hours are 8:30 a.m. to 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at www.workmansecurities.com.