PINE GROVE FINANCIAL GROUP
MLG WEALTH MANAGEMENT, INC. Legal Name
Adviser information for PINE GROVE FINANCIAL GROUP last updated from Form ADV on March 4th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Minnesota, United States |
Employees
| Total Number of Employees | 20 |
|---|---|
| Investment Advisory/Research | 8 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 8 |
| Licensed Agents of an Insurance Company | 7 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 3,984 | $1.0B |
| Non-Discretionary | 0 | $0 |
| Total | 3,984 | $1.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 935 | $354.5M |
| HNW Individuals | 253 | $672.7M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 64 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 26-50 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers)Educational seminars/workshops |
|---|---|
| Compensation | % of AUMFixed feesCO-ADVISORY FEES FOR ASSETS MANAGED BY OTHER INVESTMENT ADVISORS |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 46.8M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| PGFG WRAP PROGRAM | PINE GROVE FINANCIAL GROUP |
Identifiers
| SEC RIA File Number | 801-118868 |
|---|---|
| SEC ERA File Number | 801-118868 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 308193 |
| Legal Entity Identifier | None |
Principal Office
635 BIELENBERG DR. SUITE 210WOODBURY
MN
United States
Monday - Friday, 8:30 TO 5:00
Tel: 651 714 0323, Fax: None
Chief Compliance Officer
MATTHEW L. GULBRANSEN
PRESIDENT
635 BIELENBERG DR. SUITE 210
WOODBURY
CA
United States
Tel:
651 714 0323
M**********@**************M
(Full email address available in API data)
Industry Affiliates
| THREE BRIDGES PRIVATE CAPITAL | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| GULBRANSEN, MATTHEW, LEE | Individual | – | PRESIDENT AND CHIEF COMPLIANCE OFFICER | 03/2020 | > 75% |