GREAT WATERS FINANCIAL

RIASEC RegisteredEst. 2022
Total AUM
$1.2B
Discretionary
$1.2B
100% of AUM
Avg account
$201K
Accounts
6,141
Employees
42
Advisory reps
25

Firm details

Headquarters
SHOREVIEW, Minnesota
CRD number
308215
Registered since
March 28, 2022
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI62.66%
  • Individuals37.27%
  • Charitable Organizations0.05%
  • Corporations / Businesses0.01%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Great Waters Financial is an independent registered investment adviser organized as a limited liability company and registered with the SEC in 2022. The firm serves individual and family clients and acts as a capital allocator, offering both advisory and insurance-brokerage services. Its advisory scope includes comprehensive financial planning, portfolio management for individuals, small businesses and institutions, selection of outside advisers, and educational seminars or workshops. Fee arrangements are flexible: the firm charges percentage-of-AUM fees and also uses hourly and fixed-fee engagements. Great Waters Financial identifies as an active ESG investor, and it incorporates third-party managers into its allocation process.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 90%, Exchange Traded Equities 6%, Cash & Cash Equivalents 4%90%
  • Public Funds/Mutual Funds90%
  • Exchange Traded Equities6%
  • Cash & Cash Equivalents4%

Owners & executives

2 of 2
  • Maya Arseneau

    Chief of StaffCRD 7862507

  • MICHAEL PALUMBO

    CEOCRD 6272553

Contacts

3 of 23
  • Timothy LoStracco

    Planning AdvisorCRD 7626625

  • Matthew Hentges

    Planning AdvisorCRD 7729242

  • Amelia Kinch

    Client Operations AssociateCRD 8231944

Unlock 20 more contacts

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

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Recent filings

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Awards

FINTRX

ETF holdings

1 of 57

Active vs passive

$889M in ETFs

Passive

10%

$88.9M

Active

90%

$800M

ETFProviderStyleCategoryValueShares% of portfolio
DIMENSIONAL US EQUITY MARKET ETF (DFUS)DimensionalActiveLarge Blend$200M2,817,90322.48%

Location

Primary office

SHOREVIEW, MN

RAMSEY

Location

SHOREVIEW, MN

Headquartered in SHOREVIEW, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.

Metro area
Minneapolis-St. Paul, MN-WI
Region
Midwest
County
RAMSEY
Address
4100 Lexington Ave N
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth