Winter & Associates, Inc.

Winter & Associates, Inc. is a registered investment adviser based in St. Paul, MN, established by Nicole Winter Tietel. The firm specializes in providing asset management services, financial planning, consulting, and retirement plan consulting to individuals, families, trusts, estates, and businesses. Winter & Associates acts as a fiduciary, committed to acting in the best interests of clients, providing impartial advice, making appropriate recommendations, and disclosing any conflicts of interest. The firm requires a minimum household investable asset of $500,000 for engaging in an asset management relationship, with exceptions at their discretion. Investment advisory services are provided on a discretionary basis, allowing Winter & Associates to manage client portfolios without preapproval. The firm uses fundamental analysis to develop individual investment portfolios, primarily recommending no-load mutual and exchange-traded funds for strategic asset allocation. Fees for asset management services are charged quarterly based on assets under management, with rates ranging from 1.00% to 0.11% depending on the asset level. Financial planning and consulting services are offered at a flat project fee ranging from $3,500 to $6,500, or an hourly fee ranging from $350 to $400. Retirement plan consulting fees are based on plan assets and are negotiable based on various factors. Winter & Associates does not engage in performance-based fees or side-by-side management. The firm does not receive soft dollars, products, or services acquired with client brokerage commissions. Clients receive regular account reviews, and custodial statements are provided at least quarterly. The firm's employees, including Nicole Winter Tietel, Taylor J. Floren, Stephanie S. Morgart, Shelby A. Tietel, and Edward J. Anderson, have the necessary educational background and experience to provide investment advice. No disciplinary actions have been taken against any of the employees.