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Cross State Financial Group LLC

Cross State Financial Group LLC. CRD 282011

C

CRD: 282011

Cross State Financial Group LLC

$188.3M Total AUM
$188.3M Disc. AUM
15.7% 3Y CAGR
10 Employees
407 ADV. Clients
10 yrs Firm Age

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Firm Details

Custodian
Charles Schwab & Company ยท TD Ameritrade
Clients
Retail and Institutional
Established Date
02-18-2016
Office Locations
7

Office Locations

430 E. Southern Ave. Tempe AZ
6721 Academy Rd. NE Suite B Albuquerque NM
-- Citrus Heights CA

About Cross State Financial Group LLC

Cross State Financial Group LLC (founded 2015) provides customized financial planning and portfolio strategies for individuals, trust company clients, small businesses, and nonprofits. Advisors collaborate across multiple U.S. locations, with strengths in tax planning, insurance, trust administration, and small business retirement plan options. Investment management emphasizes active asset allocation using ETFs and mutual funds, with fixed income as needed; custody includes Schwab.

Reported data analysis

What the numbers show

Between February 14, 2025 and April 24, 2026, reported AUM increased 12.9%, from $166.8M to $188.3M.

Across 5 reported observations, AUM increased 66.5% between September 26, 2022 and April 24, 2026, from $113.1M to $188.3M.

Of the latest reported AUM, 100.0% is discretionary and 0.0% is non-discretionary.

The firm reports 10 advisory representatives and 407 clients, or 40.7 clients per representative. That equates to $462.7K in reported AUM per client.

The profile lists 7 reported office locations and 10 years in operation. The source data was last updated on April 24, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

48 AVG AGE
$18.8M AVG AUM / ADVISOR
$462.7K AVG AUM / CLIENT
7.7 yrs AVG TENURE
10 Employees
10 Advisory Reps
7 RIA Reps
10yrs Firm Age

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Available data coverage

  • Asset Classes
  • Client Personas
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Services
  • Technology

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Owner & Executives

S

STEVEN SCOTT IVERSEN

Founder

CRD
#820813
Ownership
50% but less than 75%
D

DANIELLE ELIZABETH MUTZ

Chief Compliance Officer, Managing Member

CRD
#4179319
Ownership
50% but less than 75%

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Contacts

K

KEVIN JAY AGUAS

--

CRD
#4573669
MICHAEL ANTHONY BALL

MICHAEL ANTHONY BALL

President

CRD
#2500989

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
09-26-2022
12-15-2023
11-07-2024
02-14-2025
04-24-2026
Category Assets AVG. Account size
Discretionary $188,304,908 $169,491
Non-Discretionary $0 --
Total $188,304,908 $169,491

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Separately Managed Accounts

SMA allocation detail is available

Cross State Financial Group LLC has reported separately managed account data across 6 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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