Hedge Fund Database

GREAT WATERS FINANCIAL

GREAT WATERS WEALTH MANAGEMENT Legal Name

Adviser information for GREAT WATERS FINANCIAL last updated from Form ADV on March 11th, 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 Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Minnesota, United States

Employees

Total Number of Employees 42
Investment Advisory/Research 26
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 26
Licensed Agents of an Insurance Company 24
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 6,321 $1.0B
Non-Discretionary 0 $0
Total 6,321 $1.0B

Clients

Type Number RAUM
Individuals 1,464 $531.0M
HNW Individuals 285 $485.4M
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 <5 $615,062
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 <5 $198,909
Other 0 $0
Type Number
No. of Non-RAUM Clients 4
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 1-10

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)Educational seminars/workshops
Compensation % of AUMHourly chargesFixed fees
Other Business Activities Insurance broker or agent

Identifiers

SEC RIA File Number 801-123543
SEC ERA File Number 801-123543
SEC CIK Numbers 1964535
SEC CRD Numbers 308215
Legal Entity Identifier None

Principal Office

4100 LEXINGTON AVE N
SUITE 100
SHOREVIEW
MN
United States
Monday - Friday, 8:30-5:00
Tel: 612-360-2127, Fax: None

Websites

www.facebook.com/thegwf www.linkedin.com/company/great-waters-financial www.youtube.com/guardianretirement www.greatwatersfinancial.com www.instagram.com/greatwatersfinancial

Chief Compliance Officer

JUSTIN HALVERSON
4100 LEXINGTON AVE N
SUITE 1400
SHOREVIEW
MN
United States
Tel: 612-360-2127
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
GREAT WATERS FINANCIAL MANAGEMENT Domestic Entity – OWNER 09/2021 > 75%
PALUMBO, MICHAEL, JOSEPH Individual – CHIEF EXECUTIVE OFFICER 09/2021 < 5%
HALVERSON, JUSTIN, RAYMOND Individual – CHIEF COMPLIANCE OFFICER 09/2021 < 5%
KOVAR, ELIJAH, REED Individual – PARTNER 09/2021 < 5%
FOULKS, NICHOLAS, CHRISTOPHER BENJAMIN Individual – DIRECTOR OF COMMUNICATIONS STRATEGY 09/2021 < 5%
HALVERSON FINANCIAL Domestic Entity GREAT WATERS FINANCIAL MANAGEMENT OWNER 09/2021 25-50%
PROVIDENCE FINANCIAL Domestic Entity GREAT WATERS FINANCIAL MANAGEMENT OWNER 09/2021 25-50%
SERONA GROUP Domestic Entity GREAT WATERS FINANCIAL MANAGEMENT OWNER 09/2021 25-50%
KOVAR, ELIJAH, REED Individual PROVIDENCE FINANCIAL OWNER 09/2021 > 75%
Arseneau, Maya, Ruth Individual – CHIEF OF STAFF 03/2023 < 5%
Sietstra, Chris, Aric Individual – DIRECTOR OF FINANCE 09/2022 < 5%
Kohnen, Kersten, Joy Individual – DIRECTOR OF PEOPLE & CULTURE 03/2023 < 5%
SCHWARTZ, MATTHEW, JOSEPH Individual – ADVISOR, DIRECTOR OF CLIENT EXPERIENCE 11/2023 < 5%

No. Employees, Historic

50250202220232024202526 on 2/24/202226 on 3/3/202226 on 4/4/202226 on 4/4/202226 on 4/13/202244 on 7/5/202244 on 7/7/202244 on 10/20/202240 on 3/29/202340 on 3/30/202340 on 5/15/202340 on 7/10/202340 on 9/25/202342 on 3/6/202442 on 3/11/2024

RAUM, Historic

2B1B020222023202420250 on 2/24/20220 on 3/3/20220 on 4/4/20220 on 4/4/20220 on 4/13/2022978503713 on 7/5/2022978503713 on 7/7/2022978503713 on 10/20/2022957609573 on 3/29/2023957609573 on 3/30/2023957609573 on 5/15/2023957609573 on 7/10/2023957609573 on 9/25/20231017194635 on 3/6/20241017194635 on 3/11/2024

No. Clients, Historic

2,0001,000020222023202420250 on 2/24/20220 on 3/3/20220 on 4/4/20220 on 4/4/20220 on 4/13/20221824 on 7/5/20221824 on 7/7/20221824 on 10/20/20221817 on 3/29/20231817 on 3/30/20231817 on 5/15/20231817 on 7/10/20231817 on 9/25/20231749 on 3/6/20241749 on 3/11/2024

Holdings

From latest 13F, filed July 8th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
3M CO COM 3M 26K –
ABBOTT LABS COM 424K 4K –
ABBVIE INC COM 217K 1K –
ADOBE INC COM 328K 591 –
ALPHABET INC CAP STK CL A 552K 3K –
ALTRIA GROUP INC COM 248K 5K –
AMAZON COM INC COM 2M 8K –
AMERIPRISE FINL INC COM 350K 819 –
AMGEN INC COM 283K 906 –
APPLE INC COM 8M 39K –
BANK AMERICA CORP COM 214K 5K –
BERKSHIRE HATHAWAY INC DEL CL B NEW 700K 2K –
BOSTON SCIENTIFIC CORP COM 328K 4K –
BROADCOM INC COM 217K 135 –
CANADIAN NATL RY CO COM 460K 4K –
COLGATE PALMOLIVE CO COM 733K 8K –
COMERICA INC COM 207K 4K –
COSTCO WHSL CORP NEW COM 1M 2K –
DANAHER CORPORATION COM 332K 1K –
DELTA AIR LINES INC DEL COM NEW 313K 7K –
DIMENSIONAL ETF TRUST EMGR CRE EQT MNG 15M 578K –
DIMENSIONAL ETF TRUST US EQUITY ETF 117M 2M –
DIMENSIONAL ETF TRUST US SMALL CAP ETF 40M 667K –
DIMENSIONAL ETF TRUST US TARGETED VLU 28M 531K –
DIMENSIONAL ETF TRUST GLOBAL REAL EST 13M 509K –
DIMENSIONAL ETF TRUST US CORE EQUITY 2 12M 364K –
DIMENSIONAL ETF TRUST INTL CORE EQUITY 40M 2M –
DIMENSIONAL ETF TRUST SHORT DURATION F 45M 957K –
DIMENSIONAL ETF TRUST CORE FIXED INCOM 75M 2M –
DIMENSIONAL ETF TRUST WORLD EX US CORE 86M 3M –
DONALDSON INC COM 2M 32K –
ECOLAB INC COM 800K 3K –
ELI LILLY & CO COM 826K 913 –
ENTEGRIS INC COM 360K 3K –
ETFIS SER TR I VIRTUS INFRCAP 210K 10K –
EXXON MOBIL CORP COM 498K 4K –
FAIR ISAAC CORP COM 1M 685 –
GENERAL MLS INC COM 552K 9K –
GLOBAL NET LEASE INC COM NEW 74K 10K –
HARTFORD FINL SVCS GROUP INC COM 261K 3K –
HAWKINS INC COM 1M 16K –
HOME DEPOT INC COM 400K 1K –
HONEYWELL INTL INC COM 3M 12K –
INVESCO EXCH TRADED FD TR II S&P500 LOW VOL 2M 24K –
INVESCO EXCH TRADED FD TR II FNDMNTL HY CRP 936K 52K –
INVESCO EXCH TRADED FD TR II EMRNG MKT SVRG 567K 28K –
INVESCO QQQ TR UNIT SER 1 318K 663 –
ISHARES TR CORE S&P TTL STK 294K 2K –
ISHARES TR CORE S&P500 ETF 725K 1K –
ISHARES TR MSCI EAFE ETF 2M 25K –
ISHARES TR RUS 1000 VAL ETF 2M 10K –
ISHARES TR RUS 1000 GRW ETF 2M 6K –
ISHARES TR RUSSELL 2000 ETF 34M 167K –
ISHARES TR MSCI ACWI ETF 1M 13K –
JOHNSON & JOHNSON COM 252K 2K –
LAM RESEARCH CORP COM 218K 205 –
MCKESSON CORP COM 581K 994 –
MEDTRONIC PLC SHS 1M 15K –
META PLATFORMS INC CL A 296K 588 –
MICRON TECHNOLOGY INC COM 440K 3K –
MICROSOFT CORP COM 2M 5K –
NVIDIA CORPORATION COM 7M 54K –
OMEGA HEALTHCARE INVS INC COM 343K 10K –
ORACLE CORP COM 259K 2K –
OTTER TAIL CORP COM 239K 3K –
PEARSON PLC SPONSORED ADR 181K 15K –
PFIZER INC COM 767K 27K –
PIMCO ETF TR INV GRD CRP BD 2M 19K –
SCHWAB STRATEGIC TR US BRD MKT ETF 2M 37K –
SCHWAB STRATEGIC TR US LCAP GR ETF 2M 17K –
SCHWAB STRATEGIC TR US MID-CAP ETF 1M 13K –
SCHWAB STRATEGIC TR US SML CAP ETF 1M 25K –
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 236K 9K –
SCHWAB STRATEGIC TR US DIVIDEND EQ 2M 30K –
SCHWAB STRATEGIC TR INTL EQTY ETF 1M 33K –
SCHWAB STRATEGIC TR US AGGREGATE B 1M 24K –
SCHWAB STRATEGIC TR SHT TM US TRES 1M 29K –
SFL CORPORATION LTD SHS 139K 10K –
SOLVENTUM CORP COM SHS 345K 7K –
SPDR INDEX SHS FDS ASIA PACIF ETF 397K 4K –
SPDR INDEX SHS FDS PORTFLI MSCI GBL 2M 39K –
SPDR S&P 500 ETF TR TR UNIT 483K 888 –
SSGA ACTIVE ETF TR BLACKSTONE SENR 2M 42K –
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 215K 1K –
TARGET CORP COM 302K 2K –
TERADYNE INC COM 741K 5K –
TESLA INC COM 644K 3K –
TORO CO COM 945K 10K –
TRAVELERS COMPANIES INC COM 275K 1K –
UNITEDHEALTH GROUP INC COM 9M 18K –
US BANCORP DEL COM NEW 444K 11K –
VANGUARD BD INDEX FDS TOTAL BND MRKT 53M 732K –
VANGUARD INDEX FDS TOTAL STK MKT 665K 2K –
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 845K 13K –
VANGUARD MUN BD FDS TAX EXEMPT BD 4M 72K –
VANGUARD SCOTTSDALE FDS SHORT TERM TREAS 1M 23K –
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 342K 4K –
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 202K 4K –
VECTOR GROUP LTD COM 159K 15K –
VISA INC COM CL A 209K 797 –
WALMART INC COM 287K 4K –
WELLS FARGO CO NEW COM 395K 7K –
WISDOMTREE TR EM MKTS QTLY DIV 493K 19K –
XCEL ENERGY INC COM 893K 17K –