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Jay Friedt

Advisor at Cetera

Updated today

Location

Hallock, MN 56728

Credentials

Series 66

Industry experience

7 years

About

Jay Friedt is a financial advisor with Cetera, holding a Series 66 designation and seven years of industry experience. He has worked at several firms including LPL Financial and Concourse Financial Group Securities Inc. Outside of his advisory role, Friedt is an owner and partner of an accounting firm and serves on the board of directors for a community health center. Cetera Investment Advisers serves a diverse client base including individual, high-net-worth, institutional, and retirement-plan clients through a large network of independent advisors. The firm offers a range of portfolio management and fiduciary services, combining retirement and institutional capabilities with access to model portfolios and third-party managed solutions.

Client services

Based on Cetera

Financial planning Portfolio management Pension consulting Selection of other advisers Educational seminars or workshops

Expertise

Based on Cetera

Wealth management Tax-loss harvesting Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy

Occupation focus

Based on Cetera

Founder/Business Owner Executive Retired

Demographic focus

Based on Cetera

HENRY (High Earners, Not Rich Yet) Approaching retirement

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Fee options

Fixed

Flat fees for financial planning and consulting negotiated with client

Percentage

$0 - $250,000: Up to 2.75% $250,001 - $500,000: Up to 2.50% $500,001 - $750,000: Up to 2.00% $750,001 - $1,000,000: Up to 1.75% $1,000,001 - $2,000,000: Up to 1.50% $2,000,001 - $5,000,000: Up to 1.25% $5,000,001+: As low as 0.75% (varies by program)

Project-based

Hourly consulting and financial planning rates negotiated with client

Other

Account minimum: $5,000 Minimum fee: Minimum program fees ranging from $99 to $199 annually depending on program Fee-only: Flat or hourly fees for financial planning and consulting services, negotiated case-by-case

Location

225 East Broadway

Hallock, MN 56728

Most active in

Minnesota

Work history

Cetera

2025 - Present (1 year)

Cetera Wealth Services, LLC

2025 - Present (1 year)

(dba) Sobolik Financial Group

2022 - Present (4 years)

Concourse Financial Group Securities Inc

2022 - 2025 (3 years)

LPL Financial, LLC

2018 - 2021 (3 years)

American Federal Bank

2018 - 2021 (3 years)

Bremer Bank N.A.

2015 - 2018 (3 years)

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

user avatar

Ronald F

Series 63, Series 66

Kennedy, MN

Capital Analysts

Ronald Fossell is a financial advisor with Lincoln Investment, holding Series 63 and Series 66 licenses and bringing 28 years of industry experience. He has been with Lincoln Investment since 2010 and also maintains a role at Great American Advisors, Inc. in Hallock, MN. Outside of his advisory work, Fossell serves as board treasurer for Hallock Farmers Mutual Fire Insurance and operates a tax preparation service. Lincoln Investment is an SEC-registered investment adviser and broker-dealer with nearly 900 advisors and approximately $18.9 billion in assets under management. The firm serves individuals, employers, retirement plans, charitable organizations, and corporations, offering a range of financial planning and portfolio management services through advisor consultation and programmatic strategies.

ESG / Sustainable investing Tax-loss harvesting Passive / index investing Active portfolio management
user avatar

Brett S

CFP®, Series 66

Hallock, MN

Cetera

Brett Sobolik is a CFP® with 13 years of industry experience, currently affiliated with Cetera. He has worked at Cetera Wealth Services and Concourse Financial Group Securities Inc, and is a partner at the accounting firm Dahl, Hatton, Muir & Reese Ltd. Outside of advising, he is involved in farming, serves as a youth hockey coach, and is a member of the foundation board at Grace Lutheran Church. Cetera Investment Advisers serves a broad range of individual, high-net-worth, institutional, and retirement-plan clients through a network of independent advisors. The firm offers discretionary and non-discretionary portfolio management, financial planning, and fiduciary solutions, utilizing a mix of advisor-managed accounts, firm-sponsored model portfolios, and third-party managed solutions.

Wealth management Tax-loss harvesting Retirement plans for business owners (SEP, solo 401k) Charitable giving & philanthropy Founder/Business Owner Executive Retired HENRY (High Earners, Not Rich Yet) Approaching retirement
user avatar

Daniel M

Series 63, Series 66

Hallock, MN

LPL Financial

Daniel Messelt is a financial advisor with LPL Financial, holding Series 63 and Series 66 designations and bringing 22 years of industry experience. He has worked at LPL Financial since 2018 and previously spent 14 years with Invest Financial Corporation. Messelt also serves on the board of Rhinehart Township, overseeing its operations as a nonprofit board member. LPL Financial provides advisory and brokerage services to a diverse client base, including individuals, retirement plans, banks, institutions, charities, and high-net-worth households. The firm offers a range of investment solutions supported by an in-house research team and a large network of investment adviser representatives.

Wealth management Retirement plans for business owners (SEP, solo 401k) College savings (529s, UTMA, etc.) Tax-loss harvesting Founder/Business Owner Retired
user avatar

Erin P

Series 66

Hallock, MN

LPL Financial

Erin Pollestad is a financial advisor with LPL Financial, holding a Series 66 designation and four years of industry experience. Her career includes roles at American Federal Bank, Altru Health Systems, and KodaBank. She is also involved in financial institution duties at American Federal Bank. LPL Financial provides advisory and brokerage services to a diverse client base, including individual investors, retirement plan sponsors, institutions, charities, and high-net-worth households. The firm offers a wide range of investment solutions supported by an in-house research team and a large network of investment adviser representatives.

Wealth management Retirement plans for business owners (SEP, solo 401k) College savings (529s, UTMA, etc.) Tax-loss harvesting Founder/Business Owner Retired
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