Abens Financial Services Inc logo

Abens Financial Services Inc

Updated today

Client assets under management

$116,046,358

Clients

93

44% high-net worth

Advisors

2

of 3 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

47

Typical

Average account size

$1,247,810

About

Abens Financial Services manages approximately $120 million across roughly 93 client relationships, principally providing discretionary asset management and financial and business planning to individuals (including high‑net‑worth clients), trusts, estates, charitable organizations and business entities. The firm primarily charges percentage‑of‑AUM fees for asset management and also offers hourly or fixed‑fee arrangements for financial and business planning and business consulting.

All managed assets are handled on a discretionary basis and investment decisions are informed by fundamental, technical and sentiment analysis; documented client questionnaires and interviews are used to establish objectives and any reasonable investment restrictions. Strategies described in the brochure include long‑ and short‑term purchases, margin transactions, option writing and futures, and portfolios commonly include equities, mutual funds and ETFs, with private equity and limited partnership investments used for qualifying clients.

Compared with many peers, the firm explicitly discloses the use of borrowing/margin and derivatives (options and futures) within separately managed accounts, and it also notes potential allocations to private equity and Crypto ETFs, which are less common among similarly sized supported firms. Abens directs custody to discount custodians (including Charles Schwab and Interactive Brokers), uses order aggregation and reports constructive custody due to automatic fee deductions and standing letters of authorization.

Client services

Financial planning Portfolio management Business consulting and valuations

Expertise

Private / alternative investments Equity compensation tax strategy Business exit / sale strategy Retirement plans for business owners (SEP, solo 401k)

Occupation focus

Founder/Business Owner Executive

Fee options

Fixed

Typically ranges from $5,000 to $100,000 per year based on scope and complexity

Percentage

$0 - $1,000,000: 1.50% $1,000,001 - $3,000,000: 1.20% $3,000,001 - $5,000,000: 0.80% $5,000,001+: 0.50%

Project-based

Typically $250 per hour, negotiable

Main office location

Abens Financial Services Inc

4926 Lincoln Drive

Edina MN 55436, United States

Number of offices

1

Most active in

Minnesota · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Emily H

Series 65, Series 66

Edina, MN

Abens Financial Services Inc

Emily Hokanson is a financial advisor at Abens Financial Services Inc with 10 years of industry experience. She holds Series 65 and Series 66 licenses. Her prior work includes roles at Vivent Solutions and APW Capital, Inc. Outside of her advisory work, she is involved in entrepreneurial activities including serving as a chef, sales lead, and CFO for a business named EMI-CO. Abens Financial Services is a small, supported advisory firm managing approximately $105 million in discretionary assets for about 88 clients, including individuals, trusts, estates, charitable organizations, and business entities. The firm offers asset management, financial and business planning, and consulting services, employing investment strategies that may include equities, mutual funds, ETFs, private equity, limited partnerships, borrowing, and derivatives.

Private / alternative investments Equity compensation tax strategy Business exit / sale strategy Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

Arnold A

Series 63, Series 65

Edina, MN

Abens Financial Services Inc

Arnold Abens Jr. is a financial advisor with Abens Financial Services Inc. in Edina, MN, holding Series 63 and Series 65 licenses and bringing 29 years of industry experience. He has been with Abens Financial Services since 1997. Outside of his advisory work, he is involved in several business ventures, including ownership and advisory roles in assisted living facilities, flooring equipment, and farming operations. Abens Financial Services is a small, supported firm managing approximately $105 million in discretionary assets for individuals, trusts, estates, charitable organizations, and businesses. The firm offers tailored asset management and financial planning services, employing strategies that may include equities, mutual funds, ETFs, private equity, borrowing, and derivatives in separately managed accounts.

Private / alternative investments Equity compensation tax strategy Business exit / sale strategy Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
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