{ "crd_number": 315329, "slug": "fortress-financial-group-llc-rochester-mn-315329", "primary_business_name": "FORTRESS FINANCIAL GROUP, LLC", "legal_name": "FORTRESS FINANCIAL GROUP, LLC", "dbas": [], "city": "Rochester", "state": "MN", "country": "United States", "cbsa_code": "40340", "metro": { "cbsa_code": "40340", "common_name": "Rochester", "msa_name": "Rochester, MN", "path": "/advisors/mn/rochester" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2021-08-09", "years_registered": 5, "period": "2026-10-01", "filing_date": "2026-08-26", "carried_forward": false, "raum_total": 352305589.0, "raum_discretionary": 352305589.0, "raum_non_discretionary": 0.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 10, "advisory_employees": 7, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "individuals": { "raum": 95278686.0, "count": 237 }, "high_net_worth_individuals": { "raum": 255917411.0, "count": 93 }, "corporations_other_businesses": { "raum": 1109492.0, "count": null, "fewer_than_5": true } }, "compensation_types": [ "fixed", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "other", "portfolio_management_individuals" ], "wrap_fee_participant": true, "disclosure_yes_count": 0, "states_registered": [ "AZ", "CO", "FL", "LA", "MN", "ND", "TX", "WI" ], "websites": [ "https://facebook.com/FortressFinancialGroup", "https://fortressfg.net", "https://instagram.com/fortress_financial_group", "https://linkedin.com/company/2368682/admin", "https://retireandthrive.net", "https://youtube.com/channel/UCSHKp6WEOL6IiIPUxIQyhCA?app=desktop" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/315329", "city_as_filed": "ROCHESTER", "url": "https://advisorcensus.com/firm/fortress-financial-group-llc-rochester-mn-315329", "display_name": "Fortress Financial Group, LLC", "summary": "Fortress Financial Group, LLC is an SEC-registered investment advisory firm in Rochester, MN, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 26, 2026.", "citation": "AdvisorCensus. Fortress Financial Group, LLC (CRD 315329): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Other" ], "quick_answers": [ { "q": "How is Fortress Financial Group, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Fortress Financial Group, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)." }, { "q": "Where is Fortress Financial Group, LLC located?", "a": "Fortress Financial Group, LLC's principal office is in Rochester, MN, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Fortress Financial Group, LLC registered with the SEC or a state?", "a": "Fortress Financial Group, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 315329." }, { "q": "How much does Fortress Financial Group, LLC manage?", "a": "Fortress Financial Group, LLC reports $352,305,589 in regulatory assets under management in its Form ADV filing dated August 26, 2026 (100% discretionary)." }, { "q": "How have Fortress Financial Group, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Fortress Financial Group, LLC: Regulatory assets under management: $0 in the October 2021 data and $352,305,589 in the October 2026 data. Total employees: 4 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Fortress Financial Group, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (237); high net worth individuals (93)." }, { "q": "Which custodians does Fortress Financial Group, LLC use?", "a": "Fortress Financial Group, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Fortress Financial Group, LLC report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/315329" }, { "q": "What changed in Fortress Financial Group, LLC's recent Form ADV filings?", "a": "In the September 2026 filing data: Registered or notice-filed in ND." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 0.0, "total_employees": 4, "filing_date": "2021-08-19" }, { "period": "2022-10-01", "regulatory_assets_under_management": 147152691.0, "total_employees": 5, "filing_date": "2022-09-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 179377498.0, "total_employees": 7, "filing_date": "2023-07-05" }, { "period": "2024-10-01", "regulatory_assets_under_management": 250759876.0, "total_employees": 9, "filing_date": "2024-07-23" }, { "period": "2025-10-01", "regulatory_assets_under_management": 303722600.0, "total_employees": 8, "filing_date": "2025-03-28" }, { "period": "2026-10-01", "regulatory_assets_under_management": 352305589.0, "total_employees": 10, "filing_date": "2026-08-26" } ], "recent_changes": [ { "period": "2026-09-01", "period_label": "September 2026", "notes": [ "Registered or notice-filed in ND." ] }, { "period": "2026-03-01", "period_label": "March 2026", "notes": [ "Regulatory assets under management went from $303,722,600 to $352,305,589 (+16%)." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Registered or notice-filed in AZ." ] }, { "period": "2025-11-01", "period_label": "November 2025", "notes": [ "Added an office in Scottsdale, AZ." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Fidelity Brokerage Services LLC", "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/fortress-financial-group-llc-rochester-mn-315329.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 237, "fewer_than_5": false, "raum": 95278686.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 93, "fewer_than_5": false, "raum": 255917411.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": null, "fewer_than_5": true, "raum": 1109492.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/315329", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }