Midwest Financial Network, LLC

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Client assets under management

$141,880,269

Clients

218

37% high-net worth

Advisors

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

109

Very High

Average account size

$650,827

About

Midwest Financial Network serves individual clients, including high-net-worth households, as well as businesses and retirement plan sponsors, providing financial planning, investment consultation, portfolio management, and related business and divorce planning services. The firm offers both comprehensive and modular planning alongside ongoing portfolio supervision and typically charges asset-based advisory fees like many peers.

The firm’s investment methodology uses a Core + Satellite approach, blending passive index-based core holdings with actively managed satellite positions to pursue diversification and targeted outperformance, and it manages accounts on both discretionary and non-discretionary bases. Written investment guidelines are prepared for each client and the firm also constructs model portfolios and customized allocations that inform its managed accounts.

What is distinctive about Midwest Financial Network is its provision of educational seminars and workshops for clients and sponsors, and its outsourced portfolio management and model-portfolio consulting offered to other investment advisers and institutional clients—services that are uncommon among supported firms. The firm’s associates also maintain insurance licenses and disclose those relationships and any related conflicts of interest when recommending insurance products.

Client services

Financial planning Portfolio management Pension consulting Educational seminars or workshops

Expertise

Cash flow / budgeting Debt management Retirement income strategy Social Security optimization Planning for children with special needs

Fee options

Fixed

Fixed fee up to $5,000 for investment portfolio design without ongoing management; $250 per attendee for educational workshops

Percentage

$0 - $1,000,000: 1.25% (125 basis points) $1,000,001 - $2,000,000: 1.05% (105 basis points) $2,000,001 - $5,000,000: 0.85% (85 basis points) $5,000,001+: 0.68% (68 basis points)

Project-based

$400 per hour billed in 6-minute increments for financial planning services

Other

Account minimum: $500,000 Fee-only: Financial planning at $400 per hour billed in 6-minute increments; fixed fee up to $5,000 for investment portfolio design without ongoing management

Main office location

Midwest Financial Network, LLC

17244 Oak Park Avenue

Tinley Park IL 60477, United States

Number of offices

Most active in

Illinois · Indiana · Iowa

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Website 708-670-3083

Advisors at this firm

Ryan B

Series 65

Tinley Park, IL

Midwest Financial Network, LLC

Ryan Biniak is a financial advisor at Midwest Financial Network, LLC with seven years of industry experience. He holds a Series 65 designation and previously worked at EverGreen Capital Management and RK Advisors. In addition to his advisory role, he has been involved in insurance sales and service since 2010. Midwest Financial Network serves individual clients, including high-net-worth households, businesses, and retirement plan sponsors by providing financial planning, investment consultation, portfolio management, and related business and divorce planning services. The firm employs a Core + Satellite investment approach and offers educational seminars, outsourced portfolio management, and model-portfolio consulting.

Cash flow / budgeting Debt management Retirement income strategy Social Security optimization Planning for children with special needs

Raymond K

Series 63, Series 65

Tinley Park, IL

Midwest Financial Network, LLC

Raymond Kozicki is a financial advisor at Midwest Financial Network, LLC with 11 years of industry experience. He holds Series 63 and Series 65 designations and has previously worked at EverGreen Capital Management and Horter Investment Management. Additionally, he operates as an independent insurance agent, providing insurance sales and services through unaffiliated issuers and agencies. Midwest Financial Network serves individual clients, including high-net-worth households, businesses, and retirement plan sponsors, offering financial planning, investment consultation, portfolio management, and related business and divorce planning services. The firm employs a Core + Satellite investment approach and provides educational seminars, outsourced portfolio management, and model-portfolio consulting to other advisers and institutional clients.

Cash flow / budgeting Debt management Retirement income strategy Social Security optimization Planning for children with special needs

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