Midwest Financial Network, LLC

RIASEC RegisteredEst. 2024
Total AUM
$142M
Discretionary
$142M
100% of AUM
Avg account
$264K
Accounts
537
Employees
2
Advisory reps
2

Firm details

Headquarters
Tinley Park, Illinois
CRD number
302095
Registered since
October 25, 2024
Custodians
INTERACTIVE BROKERS LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI69.22%
  • Individuals30.75%
  • Pension & Profit Sharing Plans0.03%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Midwest Financial Network, LLC is an independent registered investment adviser formed as an LLC and registered with the SEC in 2024. The firm is owned by an individual and serves primarily individual and family clients. Its advisory offering includes financial planning, portfolio management for individuals and small businesses, portfolio management for businesses or institutions, pension consulting and educational seminars/workshops. Fees are charged as a percentage of assets under management, and the firm also uses hourly and fixed-fee arrangements. Midwest Financial Network does not position itself as an ESG-focused manager.

Assets & Accounts

Public Holdings

Investments & Alternatives

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: Public Funds/Mutual Funds 94%, Exchange Traded Equities 4%, Cash & Cash Equivalents 2%94%
  • Public Funds/Mutual Funds94%
  • Exchange Traded Equities4%
  • Cash & Cash Equivalents2%

Contacts

2 of 2
  • Ryan Biniak

    Ryan Biniak

    Managing PartnerCRD 6991666

  • Raymond Kozicki

    PartnerCRD 4990749

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 136

Active vs passive

$218M in ETFs

Passive

64%

$139M

Active

30%

$79.2M

ETFProviderStyleCategoryValueShares% of portfolio
SPDR S&P 500 ETF TRUST (SPY)State StreetPassiveLarge Blend$13M17,4325.97%

Location

Primary office

Tinley Park, IL

Cook

Location

Tinley Park, IL

Headquartered in Tinley Park, IL, anchoring the Chicago-Naperville, IL-IN-WI metro in the Midwest.

Metro area
Chicago-Naperville, IL-IN-WI
Region
Midwest
County
Cook
Address
17244 Oak Park Ave
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth