GREATER MIDWEST FINANCIAL GROUP, LLC

RIASEC RegisteredEst. 2023

Total AUM

$589M

Discretionary

$519M

88% of AUM

Avg account

$228K

Accounts

2,587

Employees

Advisory reps

Firm details

Headquarters: SAINT PAUL, Minnesota
CRD number: 324387
Registered since: January 19, 2023
Website: greater-midwest.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI64.09%
Individuals26.21%
Pension & Profit Sharing Plans9.63%
Charitable Organizations0.07%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Greater Midwest Financial Group, LLC is an independent registered investment adviser organized as an LLC and SEC-registered in 2023. The firm is individually owned and positions itself as both a wealth manager for private clients and a capital allocator that places client capital with outside managers when appropriate. Its client mix includes individuals and families as well as institutional accounts. Compensation comes through a mix of percentage-of-AUM fees and fixed-fee arrangements. Advisory services emphasize financial planning and portfolio management across individuals, small businesses, and institutional clients, with an explicit capability for selecting and monitoring third-party advisers. The firm does not identify as an active ESG investor and is not listed as a multi-state or pension consultancy firm.