Midwestern Securities Trading Co.,llc

• A percentage of assets under your management
• Hourly charges
• Fixed fees (other than subscription fees)
• Commissions
• Other

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

See the firm's brochure (dated June 24, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$1,984,884,160 as of October 2026, filing dated June 24, 2026.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Financial planning services
• Portfolio management for individuals and/or small businesses
• Pension consulting services
• Selection of other advisers (including private fund managers)
• Educational seminars/workshops
• Other

Legal name

Midwestern Securities Trading Company, LLC

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

2013 (13 years)

Employees

Total: 105. Performing investment advisory functions: 43.

Wrap fee program participation

Yes.

Custodians (Schedule D, Section 5.K(3))

FCCS

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.

Other offices (Schedule D, Section 1.F)

71 other offices, as of the July 2026 filing

Algoma, WIAvon, INBethany, ILBreese, ILBrownsburg, INCasco, WICatlin, ILCentralia, ILChampaign, ILCissna Park, ILClinton, IAClinton, KYDalton City, ILDanville, ILDanville, INDecatur, ILDixon, ILEffingham, ILElmwood, ILEureka, ILFairfield, ILFish Creek, WIFisher, ILGalesburg, ILGalva, ILGrayville, ILGreen Bay, WIGreenville, ILGriggsville, ILHarvard, ILHavana, ILHighland, ILIrvington, ILKewanee, ILKewaunee, WILuxemburg, WIMackinaw, ILMahomet, ILManchester, MOMarine, ILMaroa, ILMetamora, ILMonmouth, ILMt Carroll, ILMt Sterling, ILMt Zion, ILNashville, ILNiantic, ILOglesby, ILOregon, ILPaxton, ILPearl City, ILPeoria, ILPittsfield, ILPlainfield, INPontiac, ILPrinceville, ILRock Falls, ILRockford, ILRushville, ILSpringfield, ILSt Louis, MOSt. Louis, MOSterling, ILSturgeon Bay, WISullivan, ILTaylorville, ILToulon, ILTremont, ILWashington, ILWayne City, IL

States registered or notice-filed

44 states or jurisdictions

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SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $834,000,000 in the October 2021 data and $1,984,884,160 in the October 2026 data, up 138%.

Total employees: 53 in October 2021 and 105 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. April 2026
   • Employees performing advisory functions went from 41 to 43.
   • Regulatory assets under management went from $1,627,322,417 to $1,984,884,160 (+22%).
   • Added an office in Breese, IL.
   • Added an office in Dalton City, IL.
   • Added an office in Havana, IL.
   • Added an office in Niantic, IL.
   • Added an office in Rockford, IL.
   • Added an office in Washington, IL.
   • No longer lists an office in Eddyville, KY.
   • No longer lists an office in Greenville, IL.
   • No longer lists an office in Princeton, KY.
   • No longer lists an office in Winnebago, IL.
   • Registered or notice-filed in MT, NJ, WY.
2. March 2026
   • Registered or notice-filed in MS.
3. December 2025
   • Registered or notice-filed in ND, NH.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.