# LFA

LFA is a Bank / Wealth / Trust based in Saint Cloud, MN, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Saint Cloud, MN, United States
- **Region:** North America
- **Address:** St. Cloud, MN, United States
- **Founded:** 2001
- **Assets under management:** Undisclosed
- **Website:** lfapartnership.com
- **LinkedIn:** https://www.linkedin.com/company/lfa2

## Regulatory record

- **CRD number:** 152864
- **SEC file number:** 801-71074
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/152864

## About

LFA was founded in 2001 and is based in St. Cloud, Minnesota. The firm operates as a registered investment adviser, providing portfolio management and financial planning to individuals, trusts, estates, pension and profit-sharing plans, charitable organizations, and corporations. Its client base is concentrated in the Upper Midwest. The firm's investment approach is grounded in traditional wealth management — constructing portfolios across equities, fixed income, and cash equivalents tailored to individual client goals and risk tolerances. LFA does not operate proprietary funds or pursue direct private investments. Its structure is a classic Main Street RIA, deriving revenue from advisory fees on assets under management rather than from carried interest or fund-level economics. The firm serves as a fiduciary to its clients. LFA has maintained a single-office presence in St. Cloud since inception. The firm does not publicly disclose total assets under management or the number of professionals on staff. It has not launched adjacent vehicles, philanthropic foundations, or operating companies. No material operational events have been publicly reported in the past 24 months. The firm's structural differentiator is negative space — it does not pursue the institutional multi-family office or alternatives platform model adopted by larger RIAs. LFA remains a locally focused practice, organized around ongoing planning relationships rather than transactional deal flow or manager selection for external allocators.

## Questions

### Does LFA manage alternative investments or private equity?

Based on its public profile, LFA focuses on traditional portfolio management across stocks, bonds, and cash equivalents. There is no indication the firm offers private equity, venture capital, hedge fund, or direct real estate investment capabilities.

### What is LFA's known posture on co-investments alongside external GPs?

LFA does not publicize participation in GP co-investments, club deals, or special-purpose vehicles. Its practice centers on individualized financial planning and standard asset allocation for a local client base, not institutional alternative investing.

### How does LFA charge for its services?

As a registered investment adviser, LFA is a fee-only fiduciary. It earns revenue through advisory fees charged as a percentage of client assets under management. The firm's Form ADV, filed with the SEC, provides the exact fee schedule.

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Last updated: 2026-07-08T22:13:25.327Z

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