# The Wealth Group - Austin B. Colby & Associates

> The Wealth Group - Austin B. Colby & Associates is an SEC-registered investment advisory firm in Eden Prairie, MN, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated January 14, 2026.

- CRD: 311385
- Filed as: THE WEALTH GROUP - AUSTIN B. COLBY & ASSOCIATES
- Legal name: The Wealth Group, Ltd
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Eden Prairie, MN
- Filing period: October 2026
- Form ADV filing dated: January 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/311385
- AdvisorCensus page: https://advisorcensus.com/firm/the-wealth-group-austin-b-colby-and-associates-eden-prairie-mn-311385

## Quick answers

**How is The Wealth Group - Austin B. Colby & Associates compensated?**
On its Form ADV (Item 5.E, October 2026), The Wealth Group - Austin B. Colby & Associates reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does The Wealth Group - Austin B. Colby & Associates charge?**
Its Form ADV Part 2A brochure dated January 14, 2026 states: Flat fee: $250 to $2,500 (longer-term consulting projects). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is The Wealth Group - Austin B. Colby & Associates located?**
The Wealth Group - Austin B. Colby & Associates' principal office is in Eden Prairie, MN, according to its Form ADV.

**Is The Wealth Group - Austin B. Colby & Associates registered with the SEC or a state?**
The Wealth Group - Austin B. Colby & Associates is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 311385.

**How much does The Wealth Group - Austin B. Colby & Associates manage?**
The Wealth Group - Austin B. Colby & Associates reports $711,016,621 in regulatory assets under management in its Form ADV filing dated January 14, 2026 (99% discretionary).

**How have The Wealth Group - Austin B. Colby & Associates' assets and staff changed since 2021?**
In the Form ADV data for The Wealth Group - Austin B. Colby & Associates: Regulatory assets under management: $370,000,000 in the October 2021 data and $711,016,621 in the October 2026 data, up 92%. Total employees: 7 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does The Wealth Group - Austin B. Colby & Associates serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (314); high net worth individuals (277).

**Which custodians does The Wealth Group - Austin B. Colby & Associates use?**
The Wealth Group - Austin B. Colby & Associates' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James as a custodian holding 10% or more of its separately managed account assets.

**Does The Wealth Group - Austin B. Colby & Associates 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/311385

**Does The Wealth Group - Austin B. Colby & Associates state an account minimum?**
Its Form ADV Part 2A brochure dated January 14, 2026 says: "There is no minimum account size to open and maintain an advisory account."

**What changed in The Wealth Group - Austin B. Colby & Associates' recent Form ADV filings?**
In the February 2026 filing data: Regulatory assets under management went from $566,682,714 to $711,016,621 (+25%).

## 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 January 14, 2026)

- Account minimum: None

> There is no minimum account size to open and maintain an advisory account.

- Flat fee: $250 to $2,500 (longer-term consulting projects)

> Fixed fees for longer-term consulting projects range from $250 to $2,500 per project.

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

### Custodians (Schedule D, Section 5.K(3))
- Raymond James

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: $711,016,621
- Discretionary: $707,397,181
- Non-discretionary: $3,619,440

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 314 | $161,702,836 |
| High net worth individuals | 277 | $549,313,785 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 12 total, 10 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, CO, FL, IL, LA, MN, NE, TN, TX, VA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- wealthgroup.com
- Facebook @The-Wealth-Group
- Facebook facebook.com
- LinkedIn @the-wealth-group---austin-b.-colby-&-associates
- LinkedIn @austinbcolby
- LinkedIn @benjamin-thorson-896bb552
- LinkedIn @daniel-m-johnson-cfp®-4143b3b8
- LinkedIn @dean-goodwin-7a394a335
- LinkedIn @jamy-antoine-153b7b13
- LinkedIn @jaron-kissner
- LinkedIn @karie-merritt-10b5b88a
- LinkedIn @mikekearl
- LinkedIn @paige-knier

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $370,000,000 | 7 | September 15, 2021 |
| October 2022 | $421,600,000 | 10 | September 9, 2022 |
| October 2023 | $363,140,854 | 10 | June 30, 2023 |
| October 2024 | $459,787,647 | 11 | January 24, 2024 |
| October 2025 | $566,682,714 | 12 | February 6, 2025 |
| October 2026 | $711,016,621 | 12 | January 14, 2026 |

Regulatory assets under management: $370,000,000 in the October 2021 data and $711,016,621 in the October 2026 data, up 92%.
Total employees: 7 in October 2021 and 12 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Regulatory assets under management went from $566,682,714 to $711,016,621 (+25%).

### December 2025
- Registered or notice-filed in NE.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. The Wealth Group - Austin B. Colby & Associates (CRD 311385): Form ADV filing data as of October 2026.