AdvisorRanked
95
Clean

DORVAL & CHORNE FINANCIAL ADVISORS

11242 86TH AVENUE NORTH, MAPLE GROVE, MN 55369
Fiduciaryfee-onlySEC Registered
612-436-3714 www.dorvalchorne.com CRD #309512
$374M
Assets Managed
3
Clients
7
Employees
3
Years Active
since 2023

Compensation Model

% of Assets (AUM)
Hourly Fees
Fixed / Flat Fees
Commissions
Performance Fees

Compensation type disclosed on SEC Form ADV Item 5C. Filed 46062. Specific fee percentages are available in this firm's Form ADV Part 2A brochure at adviserinfo.sec.gov.

Conflict of Interest Analysis

Broker-Dealer Affiliated: No

No broker-dealer affiliation. Lower risk of commission-driven advice.

Insurance Licensed: No

Not insurance licensed. Cannot sell you annuity or insurance products directly.

Custody of Client Assets: Yes

This firm has direct custody of client assets, rather than using an independent custodian. This is a higher-risk arrangement that requires additional regulatory safeguards.

Proprietary Products: No

Uses only third-party investment products. No proprietary product conflicts.

Regulatory & Disciplinary History

Clean Record

No disciplinary events, regulatory actions, or customer complaints on file with the SEC or FINRA. This firm has maintained a spotless regulatory record for 3 years.

Firm Details

Legal NameDORVAL & CHORNE FINANCIAL ADVISORS
CRD Number#309512
SEC RegisteredYes
Registration Date2023-11-28
States RegisteredMN
Assets Under Management$374M
Number of Clients3
Employees7
Compensation Typefee-only
Last ADV Filing46062

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Frequently Asked Questions

Is DORVAL & CHORNE FINANCIAL ADVISORS a fiduciary?

Yes. DORVAL & CHORNE FINANCIAL ADVISORS is a registered investment adviser (RIA) with the SEC, which means they are legally required to act as a fiduciary — putting your interests ahead of their own.

How does DORVAL & CHORNE FINANCIAL ADVISORS charge clients?

DORVAL & CHORNE FINANCIAL ADVISORS uses a fee-only compensation model. Full fee details are in their Form ADV Part 2A brochure at adviserinfo.sec.gov.

Does DORVAL & CHORNE FINANCIAL ADVISORS have any complaints?

No. DORVAL & CHORNE FINANCIAL ADVISORS has zero complaints or disciplinary actions on file with the SEC or FINRA across 3 years of operation.

How does DORVAL & CHORNE FINANCIAL ADVISORS compare to other advisors in MAPLE GROVE?

DORVAL & CHORNE FINANCIAL ADVISORS has a Red Flag Score of 95/100. There are 4 registered advisory firms in MAPLE GROVE. Use our city page to compare firms side by side.

Where does this data come from?

All information is sourced from SEC Form ADV public filings (mandatory regulatory disclosures) and FINRA BrokerCheck records. Last updated: 2026-06-24. We do not accept payment from financial advisors.

Data source: SEC Form ADV (Parts 1 and 2A) filed with the Investment Adviser Registration Depository (IARD). Filing date: 46062. Last data refresh: 2026-06-24. AdvisorRanked does not verify the accuracy of SEC filings. This is not financial advice.