Pankonin Financial Group
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$92,700,000
Total clients
829
2% high-net worth
Total advisors
2
of 3 employees
Firm size
Supported
1-3 advisors or $200M+ in AUM
Average clients per advisor
415
Average account size
$111,821
About
Pankonin Financial Group provides discretionary asset management, financial planning (one-time and ongoing), and retirement-plan advisory services, including limited-scope ERISA 3(21) fiduciary work, to individuals (including high‑net‑worth clients) and plan sponsors. As of December 31, 2025 the firm reported approximately $92.7 million in discretionary assets under management across two advisors and 829 client relationships.
The firm implements client strategies through discretionary portfolio management that combines fundamental and charting analysis and leverages third‑party platforms such as Orion Portfolio Solutions and American Funds Service Company for account administration and investment strategies. For financial planning clients it offers both one‑time plans and ongoing consulting with regular monitoring and reporting—ongoing clients may receive monthly meetings and monthly reports in addition to quarterly account reviews.
Noteworthy features include an unusually high client count per advisor (over 400 clients per advisor), which is well above typical peer ratios and suggests reliance on standardized processes and third‑party platforms to deliver services. The firm’s principal also operates as an independent insurance agent (spending roughly 20% of his time) and the brochure discloses receipt of insurance commissions and a portion of Orion administration fees, a disclosed affiliation that creates potential conflicts of interest and is mitigated through the firm’s policies and disclosures.
Client services
Expertise
Occupation focus
Fee options
Fixed annual fee for ongoing consulting ranging from $0 to $5,000 based on complexity
1.50% annually
$200 per hour for one-time financial planning services
Account minimum: $100,000
Main office location
Pankonin Financial Group
106 E Main St, Suite 104
Belle Plaine MN 56011, United States
Number of offices
2
Most active in
Minnesota
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Is not active or affiliated with:
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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.
Forms ADV
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