# Greater Midwest Financial Group, LLC

> Greater Midwest Financial Group, LLC is an SEC-registered investment advisory firm in Saint Paul, MN, registered since 2023, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 10, 2026.

- CRD: 324387
- Filed as: GREATER MIDWEST FINANCIAL GROUP, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Saint Paul, MN
- Filing period: October 2026
- Form ADV filing dated: August 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/324387
- AdvisorCensus page: https://advisorcensus.com/firm/greater-midwest-financial-group-llc-saint-paul-mn-324387

## Quick answers

**How is Greater Midwest Financial Group, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Greater Midwest Financial Group, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Greater Midwest Financial Group, LLC charge?**
Its Form ADV Part 2A brochure dated August 10, 2026 states: Flat fee: $500 to $25,000 (financial planning and consulting services under a stand-alone engagement). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Greater Midwest Financial Group, LLC located?**
Greater Midwest Financial Group, LLC's principal office is in Saint Paul, MN, according to its Form ADV.

**Is Greater Midwest Financial Group, LLC registered with the SEC or a state?**
Greater Midwest Financial Group, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324387.

**How much does Greater Midwest Financial Group, LLC manage?**
Greater Midwest Financial Group, LLC reports $589,267,761 in regulatory assets under management in its Form ADV filing dated August 10, 2026 (88% discretionary).

**How have Greater Midwest Financial Group, LLC's assets and staff changed since 2023?**
In the Form ADV data for Greater Midwest Financial Group, LLC: Regulatory assets under management: $272,744,576 in the October 2023 data and $589,267,761 in the October 2026 data, up 116%. Total employees: 12 in October 2023 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Greater Midwest Financial Group, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (537); high net worth individuals (141); pension and profit sharing plans (but not the plan participants or government pension plans) (21).

**Which custodians does Greater Midwest Financial Group, LLC use?**
Greater Midwest Financial Group, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Investments as a custodian holding 10% or more of its separately managed account assets.

**Does Greater Midwest Financial Group, LLC report any disciplinary disclosures?**
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/324387

**What changed in Greater Midwest Financial Group, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $511,858,382 to $589,267,761 (+15%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated August 10, 2026)

- Flat fee: $500 to $25,000 (financial planning and consulting services under a stand-alone engagement)

> GMFG charges a fixed fee for providing financial planning and consulting services under a stand- alone engagement. These fees are negotiable, but range from $500 to $25,000

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Investments

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.

### Regulatory assets under management (Item 5.F)
- Total: $589,267,761
- Discretionary: $518,664,042
- Non-discretionary: $70,603,719

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 537 | $154,448,925 |
| High net worth individuals | 141 | $377,638,611 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 21 | $56,741,963 |
| Charitable organizations | Fewer than 5 | $438,262 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2023 (3 years)
- Employees: 13 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, FL, IL, IN, MN, ND, NE, TX, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [greater-midwest.com](https://greater-midwest.com)
- Facebook @greatermidwestfinancialgroup
- LinkedIn @greater-midwest-financial-group

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $272,744,576 | 12 | May 3, 2023 |
| October 2024 | $424,484,981 | 12 | March 28, 2024 |
| October 2025 | $511,858,382 | 13 | May 20, 2025 |
| October 2026 | $589,267,761 | 13 | August 10, 2026 |

Regulatory assets under management: $272,744,576 in the October 2023 data and $589,267,761 in the October 2026 data, up 116%.
Total employees: 12 in October 2023 and 13 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $511,858,382 to $589,267,761 (+15%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Greater Midwest Financial Group, LLC (CRD 324387): Form ADV filing data as of October 2026.