Greater Midwest Financial Group LLC

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Greater Midwest Financial Group LLC
CRD #324387
SEC #801-127206
CIK #0002025409
AUM 589.3 M (2026-03-26)
Employees 13 (23% Investors, 0% Brokers)
Fees
Minimum
Phone651-490-9790
Address3222 Rice St
Saint Paul, MN 55126
Source [IAPD] [EDGAR] [Website] [LinkedIn] [Facebook]
Total AUM ($M)
60048036024012002010201520212027
Fees and Compensation — Form ADV Part 2A (8/10/2026) [Brochure]
Item 5. Fees and Compensation
      GMFG offers services on a fee basis, which includes fixed fees, as well as fees based upon assets under
      management. Additionally, certain of the Firm’s Supervised Persons, in their individual capacities, offer
      insurance products under a separate commission-based arrangement.

      Financial Planning and Consulting Fees

      GMFG charges a fixed fee for providing financial planning and consulting services under a stand-alone
      engagement. These fees are negotiable, but range from $500 to $25,000, depending upon the scope and
      complexity of the services and the professional rendering the financial planning and/or the consulting
      services. The fee can be for a defined project, such as the delivery of a plan, or for ongoing services. If the
      client engages the Firm for additional investment advisory services, GMFG can offset all or a portion of its
      fees for those services based upon the amount paid for the financial planning and/or consulting services.

      The terms and conditions of the financial planning and/or consulting engagement are set forth in the
      Advisory Agreement. For project-based services GMFG requires one-half of the fee payable upon
      execution of the Advisory Agreement. The outstanding balance is due upon delivery of the financial plan
      or completion of the agreed upon services. Ongoing services are charged as described in the investment
      management section, below. The Firm does not, however, take receipt of $1,200 or more in prepaid fees,
      six or more months in advance of services rendered.

      Wealth Management Fees

      GMFG offers wealth management services for an annual fee based on the amount of assets under the Firm’s
      management. This management fee varies between 10 and 150 basis points (0.10% – 1.50%), depending
      upon the size and composition of a client’s portfolio, the type and amount of services rendered and the
      individual(s) providing the services.

      The annual fee is prorated and generally charged quarterly in advance, based upon the market value of the
      assets being managed by GMFG on the last day of the previous quarter, as determined by a party
      independent from the Firm, including the client's custodian or another third party. Unless otherwise agreed
      in writing, this is the Firm's standard billing methodology. Certain assets, including assets custodied at
      Capital Group/American Funds, may instead be billed quarterly in arrears based upon the market value of
      the assets on the last day of the applicable quarter. In addition, for assets managed under the Firm's Quarterly
      401(k) Management service, the annualized advisory fee may be calculated using the prior year-end account
      balance and billed quarterly in advance, unless otherwise agreed in writing.

      The Firm includes cash in a client’s account in determining the valuation for billing purposes. The Firm
      may, in its sole discretion, not include cash in determining the fee, especially where a client has a high
      percentage of cash for reasons other than the Firm's investment management decision.

Page | 8                                                                                                      August 2026

 Disclosure Brochure                                    Greater Midwest Financial Group, LLC

      If you deposit or withdraw more than $25,000 in a single transaction during a Billing Period, we will adjust
      the Wealth Management Fee on a prorated basis for the portion of the Billing Period during which the assets
      were under management. For deposits, we may assess a prorated additional fee for the remainder of the
      Billing Period. For withdrawals, we will either credit any unearned fee toward the next Billing Period or
      refund the unearned portion, as appropriate. For the initial period of an engagement, the fee is calculated
      on a pro rata basis. In the event the advisory agreement is terminated, the fee for the final billing period is
      prorated through the effective date of the termination and the outstanding or unearned portion of the fee is
      charged or refunded to the client, as appropriate.

      Additionally, for asset management services the Firm provides with respect to certain client holdings (e.g.,
      held-away assets, accommodation accounts, alternative investments, etc.), GMFG can negotiate a fee rate
      that differs from the range set forth above. Clients are advised that a conflict of interest exists for the Firm
      to recommend that clients engage GMFG for additional services for compensation, including rolling over
      retirement accounts or moving other assets to the Firm’s management. Clients retain absolute discretion
      over all decisions regarding engaging the Firm and are under no obligation to act upon any of the
      recommendations.

      Retirement Plan Consulting Fees
      GMFG charges as fixed project-based fee to provide clients with retirement plan consulting services. Each
      engagement is individually negotiated and tailored to accommodate the needs of the individual plan
      sponsor, as memorialized in the Agreement. These fees vary, based on the scope of the services to be
      rendered, and ranges between $500 and $25,000 per annum on a fixed fee basis or between 10 and 150
      basis points (0.10% – 1.50%), depending upon services provided and the amount of assets to be advised on.

      Fee Discretion

      GMFG may, in its sole discretion, negotiate to charge a lesser fee based upon certain criteria, such as
      anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be
      managed, related accounts, account composition, pre-existing/legacy client relationship, account retention,
      pro bono activities, or competitive purposes.
...
Account Minimums and Types of Clients — Form ADV Part 2A (8/10/2026) [Brochure]
Item 7. Types of Clients
      GMFG offers services to individuals, trusts, estates, charitable organizations, corporations and other
      business entities, pension and profit sharing plans.
Sector Form 13F Holdings Value ($M)
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Lam Research Corp 7.6
Facebook Inc 7.2
McKesson Corp 5.6
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View All
Holdings by Sector ($M)
2502001501005002024202520262027
AUM Breakdown Accounts AUM ($M)
By Client Type
(a) Individuals (other than high net worth individuals) 537 154.4
(b) Individuals (high net worth individuals) 141 377.6
(c) Banking or thrift institutions 0 0.0
(d) Investment companies 0 0.0
(e) Business development companies 0 0.0
(f) Pooled investment vehicles 0 0.0
(g) Pension and profit sharing plans 21 56.7
(h) Charitable organizations 0 0.4
(i) State or municipal government entities 0 0.0
(j) Other investment advisers 0 0.0
(k) Insurance companies 0 0.0
(l) Sovereign wealth funds and foreign official institutions 0 0.0
(m) Corporations or other businesses not listed above 0 0.0
(n) Other 0 0.0
Total 2,587 589.3
By Discretionary
Discretionary 2,516 518.7
Non-Discretionary 71 70.6
Total 2,587 589.3
By Non-United States Persons
Non-United States Persons 0.0
United States Persons 589.3
Total 2,587 589.3
EDGAR Form CIK 2011 - 2026
13F-HR [0002025409]
Firm Profile (Form ADV)
ServesInstitutional, Retail
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