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.
SEC-registered adviser
Greater Midwest Financial Group, LLC
Latest filing Aug 10, 2026
First filing on the tape Dec 19, 2022 · 8 filings
SEC status approved since Jan 19, 2023
RAUM
$589M
reported, Item 5.F
Discretionary
88%
of RAUM
Private clients
90%
$532M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$73.7M
derived; firm RAUM over IAPD count
Employees
13
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$589M as of Aug 10, 2026
Mar 28, 2024$424M then
HNW client RAUM$378M as of Aug 10, 2026
Mar 28, 2024$287M then
State-registered IARs (5.B.3)3 as of Aug 10, 2026
Mar 28, 20243 then
Employees (5.A)13 as of Aug 10, 2026
Mar 28, 202412 then
Private funds: no history
RAUM +15% over the last fiscal yearIARs 3 to 3
Practice profile
derived from the filing of Aug 10, 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
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
- RAUM per advisor
- $73.7MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 85derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.7MderivedHNW RAUM over HNW clients
- Average account
- $227,780derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 88%derivedof RAUM
- Institutional
- 9.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.6derivedItem 5.A over advisors
- Advisors per office
- 8.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +15%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -3.1%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
- Financial planning clients
- 500reportedItem 5.H
- Custody
- $8.1M, 17 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)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$378M64%
- Individuals$154M26%
- Pension and profit-sharing plans$56.7M9.6%
- Charitable organizations$438,2620.1%
- Individual clients
- 537reported
- HNW clients
- 141reported
- Pension plan clients
- 21reported
- Charitable clients
- n/areported
- Accounts
- 2,587reported
- Financial planning clients
- 500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $8.1M for 17 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.9 fund_share=0.0 institutional_share=0.1 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Robert James PhillipsCertified Financial Planner | Saint Paul, Mn | Jan 23, 2023 | 16 y | 3 |
| James William RonnCertified Financial Planner | Saint Paul, Mn | Jan 23, 2023 | 31 y | 3 |
| Jacob Michael KoglerCertified Financial Planner | Saint Paul, Mn | Jan 24, 2023 | 13 y | 2 |
| Donald James PhillipsCertified Financial Planner | Saint Paul, Mn | Jan 27, 2023 | 42 y | 3 |
| Nathan Martin Kimle | Saint Paul, Mn | Feb 10, 2025 | 12 y | 2 |
| Donald Rolland Schroeder | Saint Paul, Mn | Mar 10, 2026 | 15 y | 0 |
| Zachary Thomas Panek | Saint Paul, Mn | Apr 24, 2026 | 10 y | 0 |
| Dylan James Ronn | Saint Paul, Mn | May 18, 2026 | 14 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 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
- Nathan Martin Kimle from Nuveen Asset Management, LLCFeb 10, 2025 · RIA to RIA
- Donald James Phillips from Kestra Advisory Services, LLCJan 27, 2023 · Affiliated broker-dealer or bank to a newly registered adviser
- Jacob Michael Kogler from Kestra Advisory Services, LLCJan 24, 2023 · Affiliated broker-dealer or bank to a newly registered adviser
- Robert James Phillips from Kestra Advisory Services, LLCJan 23, 2023 · Affiliated broker-dealer or bank to a newly registered adviser
- James William Ronn from Kestra Advisory Services, LLCJan 23, 2023 · Affiliated broker-dealer or bank to a newly registered adviser
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Kestra Advisory Services, LLCMay 1, 2023 · St Paul, Mn
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Michael Jacob Kogler · Vice Presidentcontrolsince 01/2024 · owns less than 5%
- James Robert Phillips · President, Chief Compliance Officer And Membercontrolsince 12/2022 · owns 25% to 50%
- William James Ronn · Chief Executive Officer And Membercontrolsince 12/2022 · owns 25% to 50%
- James Donald Phillips · Chairman And Membersince 12/2022 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Saint Paul, Mn · principal | 8 | 3 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- business activity changedChange between filings · filing Aug 10, 2026pension consulting (Item 5.G.6): no on the filing of 2026-03-26, yes on the filing of 2026-08-10peers: independent wealth managers, $500M to $1B (1,483)
What changed
consecutive filings, newest first
- Advisory activities · 4 to 5Mar 26, 2026 to Aug 10, 2026
- Accounts · 2,484 to 2,587May 20, 2025 to Mar 26, 2026
- HNW clients · 123 to 141May 20, 2025 to Mar 26, 2026
- Individual clients · 577 to 537May 20, 2025 to Mar 26, 2026
- Pension plan clients · 20 to 21May 20, 2025 to Mar 26, 2026
- Assets in custody · $8.2M to $8.1MMay 20, 2025 to Mar 26, 2026
- Discretionary RAUM · $451M to $519MMay 20, 2025 to Mar 26, 2026
- HNW RAUM · $335M to $378MMay 20, 2025 to Mar 26, 2026
- Individual RAUM · $126M to $154MMay 20, 2025 to Mar 26, 2026
- Non-discretionary RAUM · $61.3M to $70.6MMay 20, 2025 to Mar 26, 2026
- Pension RAUM · $50.2M to $56.7MMay 20, 2025 to Mar 26, 2026
- RAUM · $512M to $589MMay 20, 2025 to Mar 26, 2026
- Financial planning clients · More than 500 to More than 500Mar 21, 2025 to May 20, 2025
- Accounts · 2,204 to 2,484Mar 28, 2024 to Mar 21, 2025
- HNW clients · 107 to 123Mar 28, 2024 to Mar 21, 2025
- Individual clients · 565 to 577Mar 28, 2024 to Mar 21, 2025
- Pension plan clients · 16 to 20Mar 28, 2024 to Mar 21, 2025
- Assets in custody · $1.5M to $8.2MMar 28, 2024 to Mar 21, 2025
- Employees · 12 to 13Mar 28, 2024 to Mar 21, 2025
- Financial planning clients · 251-500 to More than 500Mar 28, 2024 to Mar 21, 2025
- Discretionary RAUM · $348M to $451MMar 28, 2024 to Mar 21, 2025
- HNW RAUM · $287M to $335MMar 28, 2024 to Mar 21, 2025
- Individual RAUM · $97.4M to $126MMar 28, 2024 to Mar 21, 2025
- Non-discretionary RAUM · $76.6M to $61.3MMar 28, 2024 to Mar 21, 2025
- Pension RAUM · $40.1M to $50.2MMar 28, 2024 to Mar 21, 2025
- RAUM · $424M to $512MMar 28, 2024 to Mar 21, 2025
- Accounts · 1,794 to 2,204May 3, 2023 to Mar 28, 2024
- BD registered reps · 3 to 0May 3, 2023 to Mar 28, 2024
- Charity clients · 0.0 to unsetMay 3, 2023 to Mar 28, 2024
- HNW clients · 210 to 107May 3, 2023 to Mar 28, 2024
- Individual clients · 652 to 565May 3, 2023 to Mar 28, 2024
- Pension plan clients · 3 to 16May 3, 2023 to Mar 28, 2024
- Assets in custody · $0 to $1.5MMay 3, 2023 to Mar 28, 2024
- Insurance-licensed employees · 3 to 0May 3, 2023 to Mar 28, 2024
- Financial planning clients · 0 to 251-500May 3, 2023 to Mar 28, 2024
- Discretionary RAUM · $271M to $348MMay 3, 2023 to Mar 28, 2024
- HNW RAUM · $209M to $287MMay 3, 2023 to Mar 28, 2024
- Individual RAUM · $57.7M to $97.4MMay 3, 2023 to Mar 28, 2024
- Non-discretionary RAUM · $1.5M to $76.6MMay 3, 2023 to Mar 28, 2024
- Pension RAUM · $6.2M to $40.1MMay 3, 2023 to Mar 28, 2024
Signals
4 dated events
- Greater Midwest Financial Group, Llc reported RAUM $424.5M, up 56% from $272.7M (2023-05-03 to 2024-03-28)Mar 28, 2024 · RAUM change · derived
- Michael Jacob Kogler (Vice President) appeared on Schedule A of Greater Midwest Financial Group, LlcMar 28, 2024 · Control person joined · fact
- 2 advisors left Kestra Advisory Services, LLC (ST Paul, MN) for Greater Midwest Financial Group, LLC on the same dayMay 1, 2023 · Team lift-out · derived
- Greater Midwest Financial Group, Llc filed its initial SEC registration (Form ADV)Dec 19, 2022 · 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 email
- info@greater-midwest.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- danelle.ronn@greater-midwest.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- katrina.colling@greater-midwest.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- kayla.yobbie@greater-midwest.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- nate.endrizzi@greater-midwest.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- sonja.palm@greater-midwest.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- veda.kincaid@greater-midwest.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 651-490-9790reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/greater-midwest-financial-groupreportedpublic record, Form ADV, Sep 17, 2026
- Website
- greater-midwest.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 651-490-9790reportedpublic record, Form ADV, Aug 10, 2026
- Contact form
- greater-midwest.com/contactreportedpublished 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
- $73.7Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026