GREAT PLAINS ADVISORY SERVICES LLC

RIASEC Registered
Total AUM
$61.4M
Discretionary
$61.4M
100% of AUM
Avg account
$193K
Accounts
319
Employees
2
Advisory reps
2

Firm details

Headquarters
FARGO, North Dakota
CRD number
331168
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI82.29%
  • Individuals16.96%
  • Charitable Organizations0.75%
Services
Portfolio Management for Individuals

Firm profile

FINTRX

Overview

Great Plains Advisory Services LLC is a small, client-focused registered investment adviser that emphasizes portfolio management for individuals and small businesses. The firm uses a fee mix that includes percentage-of-AUM billing alongside hourly and fixed-fee arrangements, which allows it to serve both traditional wealth-management relationships and project-based or advisory engagements. Investment posture is tilted toward fixed income: U.S. government bonds represent the single largest asset holding, and the firm favors income-oriented allocations alongside core diversified strategies. Great Plains also works with broker‑dealer and insurance company partners, which supports its distribution of insurance‑linked products and access to brokerage platforms. The client base spans individual and family clients as well as some institutional relationships. The adviser does not describe itself as an active ESG investor and is not a multi‑state adviser or pension consultant. Portfolio management for individuals and small businesses is the primary advisory activity.

Assets & Accounts

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: US Government Bonds 40%, Private Funds 30%, Exchange Traded Equities 25%, Cash & Cash Equivalents 2%, State & Local Bonds 1%, Investment Grade Corp Bonds 1%, Other 1%40%
  • US Government Bonds40%
  • Private Funds30%
  • Exchange Traded Equities25%
  • Cash & Cash Equivalents2%
  • State & Local Bonds1%

Contacts

2 of 2
  • JEFFREY WALLGREN

    Owner, Registered RepresentativeCRD 5998714

  • RICHARD ENGEN

    Managing MemberCRD 2528314

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

FARGO, ND

CASS

Location

FARGO, ND

Headquartered in FARGO, ND, anchoring the Fargo-Wahpeton, ND-MN metro in the Midwest.

Metro area
Fargo-Wahpeton, ND-MN
Region
Midwest
County
CASS
Address
6048 31st St S
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth