Palisade Asset Management, LLC

Palisade Asset Management, LLC is an SEC registered investment adviser that has been in operation since 2005, with its predecessor firm starting in 2002. The firm offers individual portfolio management and investment supervisory services, as well as investment advisory services for company retirement plans. Palisade manages over $1.1 billion of client assets on a discretionary basis and over $82 million on a non-discretionary basis. For individual portfolio management, fees are charged based on a tiered structure starting at 1.0% for the first $2 million of assets under management. For company retirement plans, fees start at 0.50% for the first $2 million. While fees are generally non-negotiable, the firm may consider alternative fee arrangements on a client-by-client basis. Palisade does not charge performance-based fees. The firm's investment strategies include equity strategies focusing on high-quality growth and core growth equities, as well as fixed income strategies such as taxable and tax-exempt fixed income. Palisade also utilizes third-party managers, mutual funds, and ETFs for additional diversification. Clients must have a minimum of $1 million in assets under management, with account size negotiable under certain circumstances. Palisade operates under a Code of Ethics that emphasizes high ethical standards, including restrictions on personal trading and the acceptance of gifts. The firm does not accept compensation for client referrals and does not engage in other financial industry activities or affiliations. Clients have the option to grant the firm discretionary authority for trading, and Palisade can vote proxies on behalf of clients. The firm does not have any financial conditions that would impair its ability to meet contractual obligations.