John Severy-Hoven, CFP®, MBA, began Oracle Financial Planners LLC early in 2003 after leaving Merrill Lynch. He has been a financial planner since 2001. He has completed a Master's Degree in Psychology and has a second Master's Degree in Business focusing on investments. This education is a great fit for the financial planning field, which demands insight within the capital markets, a drive to learn continually as the field expands, and a desire to help people and to listen to their needs.
John received his Certified Financial Planner™ (CFP®) designation in 2006.
Since 2008 he has been named a FIVE STAR: Best In Client Satisfaction Wealth Manager by the Minneapolis/St. Paul Magazine six times.
While at the University of Minnesota, John began a chapter of Net Impact, a student organization promoting socially responsible investing.
He and Beth, his wife, have one daughter (Kira) who was born in February 2005 and a son (Zachary) who was born in October 2007. In 2015 they added a rescue puppy, Kendra, to the family.
John reports: The best way to describe me and my family's life right now is Chaotic Bliss.
As the founder of Oracle Financial Planners, John Severy-Hoven prides himself on assisting clients in every aspect of their financial lives so that they can prepare for what their future holds -- retirement, children's education, buying a new home. John helps you build and maintain your financial vision toward the future, your future.
General Information |
| Firm Start Year: | 2003 | |
| No. of Employees: | 2-4 | |
| Insurance License#: | 20327395 |
| Name of Broker/Dealer: | Cambridge Investment Research |
| Name of Custodial Firm: | Fidelity Institutional |
| States Licensed in: | CA, CO, GA, HI, MD, MN, NC, WA, WI |
| Number of Years with Current Firm: | 21 |
| Work with the following types of clients: | Individual Investors, Businesses, Investment Clubs, Non-Profit Organizations |
| Advisory Services Provided: | Financial Planning for Individuals, Education Funding and Planning, Risk Management, Money Management, Wealth Management, 401K Rollovers, Retirement Planning, Financial Advice & Consulting, Portfolio Management, Financial Planning, Insurance Products & Annuities, Investment Advice & Management |
Services |
| Investment Types: | Stocks, Bonds, Mutual Funds, Annuities, Alternative Investments, Exchange Traded Funds (ETFs), Mortgages & Real Estate, Commodities, Insurance, Socially Responsible Investments (SRI) |
| Can meet clients in the following ways: | Email, Phone, Our Office, Your Office, Your Home |
Qualifications & Memberships |
| Insurance and Annuity Licenses: | Variable Life, Annuity, Long Term Care, Variable Annuity, Life |
| Financial Organization Memberships: | Financial Planning Association (FPA), Social Investment Forum (SIF) |
Firm Information |
| Advisor's Number of Clients: | 150 |
| Advisor's Number of Planning Clients: | 150 |
| Assets Managed by Advisor: | 35,000,000 |
Compensation and Fees |
| Fee Structure: | Fee-Based |
| Minimum Portfolio Size for New Managed Accounts: | $50,000 |
FAQs |
Why should I choose you as my financial advisor?To serve as an objective third party to assist in managing the overall investment process. Following a disciplined investment process consisting of: The preparation and maintenance of an investment policy statement. Selecting investments and asset classes that ensures prudent diversification. Managing expenses associated with the Portfolio. Monitoring and supervising investment options. |
What are your qualifications? What is your education background?I have two master's degrees (an MBA with an investment finance focus and a Masters of Arts for counseling psychology). I have a CFP® designation (CERTIFIED FINANCIAL PLANNER™). In 2008 and 2009 I was named as a 5-star Wealth Manager based on Client Satisfaction according to the Minneapolis/St. Paul Magazine and Minnesota Business Monthly. |
How are you compensated? How will I pay for your services?My business is fee-based. |
How many clients do you currently manage?I have worked as a financial planner for 6 years and owned Oracle Financial Planners for 5 years. I currently work with about 100 clients (measured by the number of families I work with and the number of employer sponsored retirement plans as well). |
Will you be the only person working with me?Along with my two assistants. |
Disclosures |
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WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest. |
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Additional Detailed Disclosures |
Investment Advisor Representative:
Yes
Compliance Disclosures in Last 5 years:
Have a clean record
Criminal Disclosures in Last 5 years:
Have a clean record
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