AdvisorRanked
95
Clean

JNBA FINANCIAL ADVISORS, LLC

8500 NORMANDALE LAKE BLVD, BLOOMINGTON, MN 55437
Fiduciaryfee-onlySEC Registered
952-844-0995 www.linkedin.com/in/shelby-st-martin-9a292416b/ CRD #106550
$2.0B
Assets Managed
31
Clients
36
Employees
42
Years Active
since 1984

Compensation Model

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

Compensation type disclosed on SEC Form ADV Item 5C. Filed 46100. 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 42 years.

Firm Details

Legal NameJNBA FINANCIAL ADVISORS, LLC
CRD Number#106550
SEC RegisteredYes
Registration Date1984-06-29
States RegisteredMN
Assets Under Management$2.0B
Number of Clients31
Employees36
Compensation Typefee-only
Last ADV Filing46100

Other Advisors in BLOOMINGTON

View all advisors in BLOOMINGTON

Frequently Asked Questions

Is JNBA FINANCIAL ADVISORS, LLC a fiduciary?

Yes. JNBA FINANCIAL ADVISORS, LLC 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 JNBA FINANCIAL ADVISORS, LLC charge clients?

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

Does JNBA FINANCIAL ADVISORS, LLC have any complaints?

No. JNBA FINANCIAL ADVISORS, LLC has zero complaints or disciplinary actions on file with the SEC or FINRA across 42 years of operation.

How does JNBA FINANCIAL ADVISORS, LLC compare to other advisors in BLOOMINGTON?

JNBA FINANCIAL ADVISORS, LLC has a Red Flag Score of 95/100. There are 23 registered advisory firms in BLOOMINGTON. 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: 46100. Last data refresh: 2026-06-24. AdvisorRanked does not verify the accuracy of SEC filings. This is not financial advice.