# Midwest Financial Group LLC

> Midwest Financial Group LLC is an SEC-registered investment advisory firm in Overland Park, KS, registered since 2015, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 19, 2026.

- CRD: 175288
- Filed as: MIDWEST FINANCIAL GROUP LLC
- Also doing business as: MIDWEST FINANCIAL PARTNERS, MS FINANCIAL RESOURCES
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Overland Park, KS
- Filing period: October 2026
- Form ADV filing dated: August 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/175288
- AdvisorCensus page: https://advisorcensus.com/firm/midwest-financial-group-llc-overland-park-ks-175288

## Quick answers

**How is Midwest Financial Group LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Midwest Financial Group LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Midwest Financial Group LLC located?**
Midwest Financial Group LLC's principal office is in Overland Park, KS, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Midwest Financial Group LLC registered with the SEC or a state?**
Midwest Financial Group LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 175288.

**How much does Midwest Financial Group LLC manage?**
Midwest Financial Group LLC reports $566,081,879 in regulatory assets under management in its Form ADV filing dated August 19, 2026 (99% discretionary).

**How have Midwest Financial Group LLC's assets and staff changed since 2021?**
In the Form ADV data for Midwest Financial Group LLC: Regulatory assets under management: $320,700,174 in the October 2021 data and $566,081,879 in the October 2026 data, up 77%. Total employees: 10 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Midwest Financial Group LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (727); high net worth individuals (204); pension and profit sharing plans (but not the plan participants or government pension plans) (19).

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

**Does 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/175288

**What changed in Midwest Financial Group LLC's recent Form ADV filings?**
In the September 2026 filing data: Registered or notice-filed in CO.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $566,081,879
- Discretionary: $559,354,348
- Non-discretionary: $6,727,531

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 727 | $138,372,733 |
| High net worth individuals | 204 | $413,898,048 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 19 | $6,221,780 |
| Charitable organizations | 5 | $7,589,318 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 2015 (11 years)
- Employees: 9 total, 9 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AL, CA, CO, FL, IA, IL, KS, LA, MO, NE, OK, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Topeka, KS

### Websites listed on Form ADV (Item 1.I)
- midwestfinancialkc.com
- msfinancialresources.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $320,700,174 | 10 | March 29, 2021 |
| October 2022 | $361,531,067 | 10 | March 22, 2022 |
| October 2023 | $366,228,804 | 10 | February 16, 2023 |
| October 2024 | $433,723,517 | 7 | July 19, 2024 |
| October 2025 | $477,818,932 | 8 | February 7, 2025 |
| October 2026 | $566,081,879 | 9 | August 19, 2026 |

Regulatory assets under management: $320,700,174 in the October 2021 data and $566,081,879 in the October 2026 data, up 77%.
Total employees: 10 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Registered or notice-filed in CO.

### March 2026
- Employees performing advisory functions went from 8 to 9.
- Regulatory assets under management went from $477,818,932 to $566,081,879 (+18%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Midwest Financial Group LLC (CRD 175288): Form ADV filing data as of October 2026.