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Lottsa Financial Services, Inc.

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Client assets under management

$95,185,742

Clients

117

26% high-net worth

Advisors

3

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

More info

Clients per advisor

39

Low

Average account size

$813,553

About

Lottsa Financial Services is a fee-only advisory firm that provides discretionary investment management, financial planning, and limited hourly consultations to individuals (including high-net-worth clients), pension and profit-sharing plans, trusts and estates. As disclosed in its brochure, the firm typically manages client accounts under written Investment Policy Statements and reported managing roughly $82.7 million on a discretionary basis as of December 31, 2025, with additional assets on non-discretionary or non-continuous mandates.

The firm’s investment approach is grounded in Modern Portfolio Theory and emphasizes target asset allocation, periodic rebalancing, and long-term holdings implemented primarily through institutional no‑load mutual funds and ETFs; it generally does not engage in market timing or performance‑based fee arrangements. Lottsa also notes an affinity for Socially Responsible Investing and routinely discusses social screens (for example, pro‑environmental screens and exclusions for weapons, alcohol/tobacco/gambling/pornography) with clients, allowing clients to impose written restrictions in their IPS.

Two aspects the brochure highlights as distinctive are the firm’s operational affiliations and governance structure: the majority owner has an affiliated accounting firm (Lottsa Tax and Accounting Services), which the owner may recommend to clients — a conflict the firm discloses and for which it describes client disclosure and internal education measures — and the firm discloses that its compliance oversight is limited by having the President also serve as Chief Compliance Officer with no more senior officer to supervise that person. The brochure also notes the use of custodial institutional services (including aggregated trading) and that the firm’s staff includes CFP‑credentialed professionals, which can affect service delivery and coordination for clients seeking integrated planning and investment services.

Client services

Financial planning Portfolio management Hourly consulting

Expertise

Retirement income strategy Business succession planning

Fee options

Percentage

$0 - $250,000: $2,500 annual flat fee $250,001 - $1,000,000: 1.00% annually $1,000,001 - $1,250,000: $10,000 annual flat fee $1,250,001 - $3,000,000: 0.80% annually $3,000,001 - $3,428,571: $24,000 annual flat fee $3,428,572 - $5,000,000: 0.70% annually $5,000,001 - $5,384,615: $35,000 annual flat fee $5,384,616 - $10,000,000: 0.65% annually

Project-based

Financial Planning services billed hourly at $100 - $350 per hour in three minute increments; Hourly Consultation billed at $250 - $350 per hour.

Other

Account minimum: $250,000 Minimum fee: $2,500 annual flat fee for accounts $0-$250,000; $10,000 annual flat fee for accounts $1,000,001-$1,250,000; $24,000 annual flat fee for accounts $3,000,001-$3,428,571; $35,000 annual flat fee for accounts $5,000,001-$5,384,615 Fee-only: Financial Planning billed hourly at $100 - $350 per hour; Hourly Consultation billed at $250 - $350 per hour

Main office location

Lottsa Financial Services, Inc.

400 19 Th Ave. So.

Minneapolis MN 55454, United States

Number of offices

1

Most active in

More info

Minnesota · Texas

Disclosures

More info

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

Business activities & affiliations

More info

Forms ADV

Form ADV Part 2: Client Brochure

Quick links

Website 612-338-7487

Advisors at this firm

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user avatar

Sarah L

CFP®

Minneapolis, MN

Lottsa Financial Services, Inc.

Sarah Lauber is a CFP® professional with four years of experience at Lottsa Financial Services, Inc. She has worked at Lottsa Financial Services since 2015 and is also employed as a tax preparer at Lottsa Tax and Accounting Services, where she handles tax return preparation, payroll, staff supervision, and bookkeeping. Lottsa Financial Services is a fee-only advisory firm serving individuals, pension and profit-sharing plans, and trusts and estates. The firm emphasizes Modern Portfolio Theory, uses institutional no-load mutual funds and ETFs, and accommodates socially responsible investing preferences through explicit screening.

Retirement income strategy Business succession planning
user avatar

Scott B

CFP®, Series 66

Minneapolis, MN

Lottsa Financial Services, Inc.

Scott Beers is a CFP® with 12 years of industry experience and has been with Lottsa Financial Services, Inc. since 2001. He also has longstanding involvement in tax preparation and accounting through his role as president of Lottsa Tax & Accounting Services, a business he has managed since 1982. Outside of advisory work, he serves as managing partner of a partnership that owns the building housing both of his companies. Lotsa Financial Services is a fee-only advisory firm providing discretionary investment management, financial planning, and limited hourly consultations to individuals, pension and profit-sharing plans, and trusts and estates. The firm follows a Modern Portfolio Theory-based investment approach, emphasizes written Investment Policy Statements, and offers socially responsible investing options.

Retirement income strategy Business succession planning
user avatar

Andrew G

Series 65

Minneapolis, MN

Lottsa Financial Services, Inc.

Andrew Gray is a financial advisor at Lottsa Financial Services, Inc. in Minneapolis, MN, holding a Series 65 credential. He joined the firm in 2023 and also works as a certified swim coach for the Edina Swim Club. Lottsa Financial Services is a fee-only advisory firm serving individuals, pension and profit-sharing plans, and trusts and estates. The firm employs a Modern Portfolio Theory-based investment approach, emphasizing target asset allocation, periodic rebalancing, and the use of institutional no-load mutual funds and ETFs, with accommodations for socially responsible investing.

Retirement income strategy Business succession planning
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