Midwestern Financial Group
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$139,287,189
Total clients
122
30% high-net worth
Total advisors
3
of 3 employees
Firm size
Supported
1-3 advisors or $200M+ in AUM
Average clients per advisor
41
Average account size
$1,141,698
About
Midwestern Financial Group provides investment management and comprehensive financial planning to individuals (including high‑net‑worth clients), pension and profit‑sharing plans, and charitable organizations. The firm offers discretionary portfolio management, retirement and estate planning advice, and pension consulting for ERISA plans, and also conducts educational seminars for groups.
The firm builds individually tailored investment policies and manages portfolios using a mix of passive (index funds/ETFs) and active strategies, applying fundamental and cyclical analysis to asset allocation and security selection. Account supervision is ongoing with periodic reviews, and the firm also offers fixed‑fee planning and a tiered Early Investors program aimed at beginning investors; it states no minimum account size.
What distinguishes the firm from many peers is its focus on investor education — providing seminars (including occasional pro bono sessions) and a published low‑fee tiered offering for new investors, features that are uncommon among similar advisors. The brochure also discloses recent SEC registration, ERISA fiduciary pension consulting, and relationships with an affiliated business‑advisory entity and institutional custody arrangements that provide support services and are managed as potential conflicts.
Client services
Fee options
Financial planning fixed fees ranging from $250 to $35,000; Early Investors Program fixed fees of $399, $549, or $799; Educational seminars fees up to $2,000 per seminar or up to $500 per participant
$0 - $1,500,000: 1.00% $1,500,001 - $2,500,000: 0.88% $2,500,001 - $5,000,000: 0.76% $5,000,001 - $10,000,000: 0.64% $10,000,001+: 0.50%
$250.00 per hour (for financial planning services if agreement terminated early)
Fee-only: Financial planning fixed fee ranging from $250 to $35,000; Early Investors Program fixed fees of $399, $549, or $799; hourly rate of $250/hour for early termination of financial planning agreement
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Main office location
Midwestern Financial Group
103 E College Street, Suite 210
Iowa City IA 52240, United States
Number of offices
1
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