GREATER MIDWEST FINANCIAL GROUP, LLC
Adviser information for GREATER MIDWEST FINANCIAL GROUP, LLC last updated from Form ADV on March 28th, 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 | 12 |
|---|---|
| Investment Advisory/Research | 3 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 3 |
| Licensed Agents of an Insurance Company | 6 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 2,033 | $347.9M |
| Non-Discretionary | 171 | $76.6M |
| Total | 2,204 | $424.5M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 565 | $97.4M |
| HNW Individuals | 107 | $286.6M |
| 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 | 16 | $40.1M |
| Charitable organizations | <5 | $312,628 |
| 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 | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 251-500 |
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) |
|---|---|
| Compensation | % of AUMFixed fees |
Identifiers
| SEC RIA File Number | 801-127206 |
|---|---|
| SEC ERA File Number | 801-127206 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 324387 |
| Legal Entity Identifier | None |
Principal Office
3222 RICE ST.SAINT PAUL
MN
United States
Monday - Friday, 8AM - 5PM CST
Tel: 651-490-9790, Fax: 651-490-9788
Chief Compliance Officer
ROBERT PHILLIPS
PRESIDENT
3222 RICE ST.
SAINT PAUL
MN
United States
Tel:
651-490-9790
Fax:
651-490-9788
R**************@******************M
(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 |
|---|---|---|---|---|---|
| RONN, JAMES, WILLIAM | Individual | – | CHIEF EXECUTIVE OFFICER AND MEMBER | 12/2022 | 25-50% |
| PHILLIPS, ROBERT, JAMES | Individual | – | PRESIDENT, CHIEF COMPLIANCE OFFICER AND MEMBER | 12/2022 | 25-50% |
| PHILLIPS, DONALD, JAMES | Individual | – | CHAIRMAN AND MEMBER | 12/2022 | 5-10% |
| KOGLER, JACOB, MICHAEL | Individual | – | VICE PRESIDENT | 01/2024 | < 5% |