DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
P••• G•••• F•••••••• G••••
Legal name M•• W••••• M••••••••• I•••
Latest filing May 19, 2026
First filing on the tape May 7, 2020 · 20 filings
SEC status approved since Jun 5, 2020
RAUM
$1.5B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$1.5B individuals and HNW
Advisors
14
registered through the firm on IAPD
RAUM per advisor
$107M
derived; firm RAUM over IAPD count
Employees
24
14 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$1.5B as of May 19, 2026
Jan 4, 2021$507M then
HNW client RAUM$1.1B as of May 19, 2026
Jan 4, 2021$228M then
State-registered IARs (5.B.3)14 as of May 19, 2026
Jan 4, 20217 then
Employees (5.A)24 as of May 19, 2026
Jan 4, 202111 then
Private funds: no history
RAUM +20% over the last fiscal year+29% a year over threeIARs 13 to 14
Practice profile
derived from the filing of May 19, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- RAUM per advisor
- $107MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 100derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.2MderivedHNW RAUM over HNW clients
- Average account
- $349,255derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.7derivedItem 5.A over advisors
- Advisors per office
- 3.5derived4 offices incl. principal (1.F.5)
- RAUM growth, one year
- +20%derivedbetween the last two annual amendments
- Advisor growth, one year
- +7.7%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +6.5%derived
- Compensation
- percentage of assets, fixed fees, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisers, educational seminarsreportedItem 5.G
- Custody
- $657,319, 1,715 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.1B75%
- Individuals$380M25%
- Individual clients
- 898reported
- HNW clients
- 506reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 4,270reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $657,319 for 1,715 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
14 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| M•••••• L•• G••••••••• | Woodbury, Mn | Jun 5, 2020 | 21 y | 3 |
| R••• J•••••• K•• | Woodbury, Mn | Jun 5, 2020 | 12 y | 4 |
| M••••••• L••• C•••••••Certified Financial Planner | Woodbury, Mn | Jun 5, 2020 | 32 y | 2 |
| J•••••• A•••• C••••Certified Financial Planner | Woodbury, Mn | Jun 5, 2020 | 15 y | 2 |
| J•••• M•••••• J••••••Certified Financial Planner | Woodbury, Mn | Oct 1, 2020 | 26 y | 2 |
| T•••• R••• J••••••Certified Financial Planner | Woodbury, Mn | Oct 1, 2020 | 14 y | 2 |
| D•••• J••••••• N••••• | Minnetonka, Mn | Oct 1, 2020 | 22 y | 2 |
| J••• D••• B•••••••••Certified Financial Planner | Woodbury, Mn | Feb 3, 2022 | 18 y | 3 |
| J••••• P••• A•••••••Certified Financial Planner | Woodbury, Mn | Jan 3, 2023 | 10 y | 1 |
| D••• D••••• A••••Certified Financial Planner | Woodbury, Mn | Apr 26, 2023 | 17 y | 0 |
| J•••• W•••••• H•••Certified Financial Planner | Woodbury, Mn | Apr 8, 2024 | 14 y | 2 |
| L••••• E•••••••• N•••Certified Financial Planner | Woodbury, Mn | Sep 22, 2025 | 10 y | 1 |
| N••••••• W•••• F•••••••••Certified Financial Planner | Minnetonka, Mn | Sep 22, 2025 | 10 y | 0 |
| M•••••• G•••••• B•••••Certified Financial Planner | Woodbury, Mn | Oct 21, 2025 | 12 y | 1 |
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- M•••••• G•••••• B••••• from C•• S••••Oct 21, 2025 · Other
- L••••• E•••••••• N••• from A••••••••• F•••••••• S•••••••• L••Sep 22, 2025 · Affiliated broker-dealer or bank to independent RIA
- J•••• W•••••• H••• from F••••••• P••••••• A•• W•••••••• A•••••••Apr 8, 2024 · Affiliated broker-dealer or bank to independent RIA
- J••••• P••• A••••••• from T••••••• A•••••• N••••••• L••Jan 3, 2023 · Affiliated broker-dealer or bank to independent RIA
- J••• D••• B••••••••• from F••••••• P••••••• A•• W•••••••• A•••••••Feb 3, 2022 · Affiliated broker-dealer or bank to independent RIA
- J•••• M•••••• J•••••• from A••••••••• W••••• P•••••••Oct 1, 2020 · RIA to RIA
- T•••• R••• J•••••• from A••••••••• W••••• P•••••••Oct 1, 2020 · RIA to RIA
- D•••• J••••••• N••••• from A••••••••• W••••• P•••••••Oct 1, 2020 · RIA to RIA
- M••••••• L••• C••••••• from C••••• A•••••• N••••••• L••Jun 5, 2020 · Affiliated broker-dealer or bank to a newly registered adviser
- M•••••• L•• G••••••••• from A••••••••• W••••• P•••••••Jun 5, 2020 · RIA to a newly registered adviser
- J•••••• A•••• C•••• from A••••••••• W••••• P•••••••Jun 5, 2020 · RIA to a newly registered adviser
- R••• J•••••• K•• from A••••••••• W••••• P•••••••Jun 5, 2020 · RIA to a newly registered adviser
Teams: two or more advisors moving together within fourteen days, from one state
- 3 joined from A••••••••• W••••• P•••••••Oct 2, 2020 · Minnetonka, Mn
- 3 joined from A••••••••• W••••• P•••••••Jul 24, 2020 · Minnetonka, Mn
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- G••••••••• M••••••• L•• · President And Chief Compliance Officercontrolsince 03/2020 · owns 75% or more
Related persons
Schedule D 7.A
- T•••• B•••••• P•••••• C••••••pooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Woodbury, Mn · principal | 13 | 2 | 0 | ||
| Minnetonka, Mn | 4 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Minnetonka, MN3 employees
- Apple Valley, MN1 employees
- St. Louis Park, MN1 employees
What changed
consecutive filings, newest first
- Accounts · 4,353 to 4,270Dec 12, 2025 to Mar 30, 2026
- Advisory employees · 15 to 14Dec 12, 2025 to Mar 30, 2026
- Individual clients · 882 to 898Dec 12, 2025 to Mar 30, 2026
- Assets in custody · unset to 657319.0Dec 12, 2025 to Mar 30, 2026
- Custody of client assets · false to trueDec 12, 2025 to Mar 30, 2026
- Employees · 25 to 24Dec 12, 2025 to Mar 30, 2026
- Financial planning clients · 51-100 to 26-50Dec 12, 2025 to Mar 30, 2026
- State-registered IARs · 15 to 14Dec 12, 2025 to Mar 30, 2026
- Discretionary RAUM · $1.5B to $1.5BDec 12, 2025 to Mar 30, 2026
- HNW RAUM · $1.1B to $1.1BDec 12, 2025 to Mar 30, 2026
- Individual RAUM · $370M to $380MDec 12, 2025 to Mar 30, 2026
- RAUM · $1.5B to $1.5BDec 12, 2025 to Mar 30, 2026
- Accounts · 4,081 to 4,353Feb 12, 2025 to Dec 12, 2025
- Advisory employees · 13 to 15Feb 12, 2025 to Dec 12, 2025
- HNW clients · 381 to 506Feb 12, 2025 to Dec 12, 2025
- Individual clients · 937 to 882Feb 12, 2025 to Dec 12, 2025
- Employees · 21 to 25Feb 12, 2025 to Dec 12, 2025
- State-registered IARs · 13 to 15Feb 12, 2025 to Dec 12, 2025
- Discretionary RAUM · $1.2B to $1.5BFeb 12, 2025 to Dec 12, 2025
- HNW RAUM · $829M to $1.1BFeb 12, 2025 to Dec 12, 2025
- Individual RAUM · $419M to $370MFeb 12, 2025 to Dec 12, 2025
- RAUM · $1.2B to $1.5BFeb 12, 2025 to Dec 12, 2025
- Accounts · 3,984 to 4,081Dec 11, 2024 to Feb 12, 2025
- Advisory employees · 8 to 13Dec 11, 2024 to Feb 12, 2025
- HNW clients · 253 to 381Dec 11, 2024 to Feb 12, 2025
- Individual clients · 935 to 937Dec 11, 2024 to Feb 12, 2025
- Employees · 20 to 21Dec 11, 2024 to Feb 12, 2025
- Financial planning clients · 26-50 to 51-100Dec 11, 2024 to Feb 12, 2025
- State-registered IARs · 8 to 13Dec 11, 2024 to Feb 12, 2025
- Discretionary RAUM · $1.0B to $1.2BDec 11, 2024 to Feb 12, 2025
- HNW RAUM · $673M to $829MDec 11, 2024 to Feb 12, 2025
- Individual RAUM · $354M to $419MDec 11, 2024 to Feb 12, 2025
- RAUM · $1.0B to $1.2BDec 11, 2024 to Feb 12, 2025
- Wrap assets (manager) · 0.0 to unsetDec 11, 2024 to Feb 12, 2025
- Wrap assets (sponsor) · 0.0 to unsetDec 11, 2024 to Feb 12, 2025
- Accounts · 3,534 to 3,984May 16, 2023 to Mar 4, 2024
- HNW clients · 177 to 253May 16, 2023 to Mar 4, 2024
- Individual clients · 726 to 935May 16, 2023 to Mar 4, 2024
- Employees · 10 to 20May 16, 2023 to Mar 4, 2024
- Financial planning clients · 51-100 to 26-50May 16, 2023 to Mar 4, 2024
Signals
3 dated events
- P••• G•••• F•••••••• G•••• reported RAUM $1.0B, up 47% from $699.8M (2023-05-16 to 2024-03-04)Mar 4, 2024 · RAUM change · derived
- P••• G•••• F•••••••• G•••• reported RAUM $507.2M, up 64% from $309.3M (2020-09-14 to 2021-01-04)Jan 4, 2021 · RAUM change · derived
- P••• G•••• F•••••••• G•••• filed its initial SEC registration (Form ADV)May 7, 2020 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business phone
- 612-347-8667reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 651-714-0323reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 952-641-7595reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/pine-grove-financial-groupreportedpublic record, Form ADV, Sep 19, 2026
- Website
- p•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 651 714 0323reportedpublic record, Form ADV, May 19, 2026
- Team page
- p•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $107Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026