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Midwest Financial Partners

Updated today

Client assets under management

$1,481,771,356

Clients

438

74% high-net-worth

Advisors

9

of 30 employees

Firm type

Team

5-30 advisors or >$500M in AUM

Clients per advisor

49

Low

Average account size

$3,383,040

About

Midwest Financial Partners works with individuals, families, high-net-worth clients, trusts, employer retirement plans and business clients, providing comprehensive portfolio management and retirement plan consulting. The firm reports managing roughly $1.5 billion in client assets through a team of nine advisors and serves about 438 client relationships.

The firm builds individualized investment plans after at least one client meeting, proposing portfolios that may include ETFs, mutual funds, individual stocks and bonds, with regular reviews and periodic rebalancing. It uses institutional custodial platforms and supporting technology — including an order-management system to manage held-away accounts and a recommended cash-management solution (Flourish Cash) — to administer client accounts and cash positions.

Notable distinctions in the brochure include affiliated family-office entities that may serve as trustees and provide bill-pay and tax-preparation services, and the firm’s role as an insurance broker or agent, features that are less common among peer team advisers. The firm also notes private ownership through a personal trust, a formal code of ethics and custody oversight procedures.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Wealth management

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Fee options

Percentage

$0 - $250,000: 1.26% $250,001 - $500,000: 1.02% $500,001 - $1,000,000: 0.99% $1,000,001 - $2,000,000: 0.78% $2,000,001 - $5,000,000: 0.71% $5,000,001 - $10,000,000: 0.75% Over $10,000,000+: 0.75%

Project-based

Not specifically detailed in brochure

Main office location

Midwest Financial Partners

912 West Saint Germain Street, Suite #300

St. Cloud MN 56301, United States

Number of offices

1

Most active in

Arizona · California · Colorado · Florida · Georgia · Idaho · Illinois · Indiana · Iowa · Michigan · Minnesota · New York · North Dakota · Ohio · Oregon · Pennsylvania · South Dakota · Tennessee · Texas · Washington · Wisconsin

Disclosures

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

Business activities & affiliations

Advisors at this firm

user avatar

Jessica G

Series 66

St. Cloud, MN

Midwest Financial Partners

Jessica Gauerke is a financial advisor at Midwest Financial Partners with 19 years of industry experience. She holds a Series 66 designation and has worked at firms including Jefferson Wells, Alps Fund Services, and Securities America. Midwest Financial Partners provides investment advice and retirement-plan consulting to individuals, families, high-net-worth clients, trusts, estates, pension plans, and business entities. The firm manages approximately $1.26 billion in assets across more than 1,100 client accounts and offers a Comprehensive Portfolio Management service that integrates financial planning with discretionary portfolio management using various investment vehicles.

Wealth management
user avatar

Nellie G

Series 65

St. Cloud, MN

Midwest Financial Partners

Nellie Gabrielson is a financial advisor at Midwest Financial Partners with one year of industry experience. She holds a Series 65 designation and has worked at Midwest Financial Partners since 2024. Outside of her advisory role, she coaches recreational gymnastics at Granite City Gymnastics in St. Joseph, MN. Midwest Financial Partners provides investment advice and retirement-plan consulting to individuals, families, high-net-worth clients, trusts, estates, pension plans, and business entities. The firm offers Comprehensive Portfolio Management that combines financial planning with discretionary portfolio management, utilizing a range of investment vehicles and institutional custody relationships.

Wealth management
user avatar

Thomas S

Series 66

St. Cloud, MN

Midwest Financial Partners

Thomas St Hilaire is a financial advisor at Midwest Financial Partners with 22 years of industry experience. He holds a Series 66 designation and has been with Midwest Financial Partners since 2012, also having roles at affiliated entities including an independent insurance agency and family office services where he oversees trustee and bill pay functions. Midwest Financial Partners serves individuals, families, high-net-worth clients, trusts, estates, pension plans, and business entities, managing approximately $1.26 billion in assets across over 1,100 client accounts. The firm offers a Comprehensive Portfolio Management service that integrates financial planning with discretionary portfolio management using ETFs, mutual funds, stocks, and bonds, supported by institutional custody relationships and related family office services.

Wealth management
user avatar

Hailey H

Series 65

Saint Could, MN

Midwest Financial Partners

Hailey Hollenhorst is a financial advisor at Midwest Financial Partners with eight years of industry experience. She holds a Series 65 designation and previously worked at Quarles & Brady LLP for three years before joining her current firm in 2017. Hailey serves on the Board of Directors for the Central Minnesota Community Foundation. Midwest Financial Partners provides investment advice and retirement-plan consulting to individuals, families, high-net-worth clients, trusts, estates, pension plans, and business entities. The firm manages approximately $1.26 billion in assets across more than 1,100 client accounts, offering comprehensive portfolio management that combines financial planning with discretionary portfolio management and utilizes institutional custody and execution relationships.

Wealth management
user avatar

Mark B

Series 65, Series 66

St. Cloud, MN

Midwest Financial Partners

Mark Boyle is a financial advisor at Midwest Financial Partners with nine years of industry experience. He holds Series 65 and Series 66 licenses and has worked at Midwest Financial Partners since 2015, including four years with VOYA Financial Advisors. Outside of his advisory role, Boyle mentors startups through the Gener8or funding program, serves on the Pershing Advisor Solutions Board, consults on leadership development with the Big River Group, and participates in advisory and finance committees at local institutions. Midwest Financial Partners provides investment advice and retirement-plan consulting to individuals, families, high-net-worth clients, trusts, estates, pension plans, and business entities. The firm manages approximately $1.26 billion in assets across more than 1,100 client accounts through a team of nine advisors, offering comprehensive portfolio management that integrates financial planning with discretionary portfolio management using a variety of investment vehicles.

Wealth management
user avatar

John G

Series 63, Series 65

St. Cloud, MN

Midwest Financial Partners

John Glomski is a financial advisor with Midwest Financial Partners in St. Cloud, MN, holding Series 63 and Series 65 licenses and bringing 16 years of industry experience. He has worked at Midwest Financial Partners Investments, Inc. since 2015, VOYA Financial Advisors since 2014, and Midwest Financial Partners, Inc. since 2013. Midwest Financial Partners provides investment advice and retirement-plan consulting to individuals, families, high-net-worth clients, trusts, estates, pension plans, and business entities. The firm manages approximately $1.26 billion in assets across more than 1,100 client accounts through a team of nine advisors, offering Comprehensive Portfolio Management that integrates financial planning with discretionary portfolio management and incorporates family office services alongside institutional custody and third-party cash solutions.

Wealth management
user avatar

Jamie S

Series 66

St. Cloud, MN

Midwest Financial Partners

Jamie Schrupp is a financial advisor at Midwest Financial Partners with 14 years of industry experience. He holds the Series 66 designation and has worked at Midwest Financial Partners since 2015 and Voya Financial Advisors since 2014. Outside of advising, Schrupp serves as an independent insurance agent and participates in strategic planning as a personal financial advisor to the owners of a manufacturing company. Midwest Financial Partners provides investment advice and retirement-plan consulting to individuals, families, high-net-worth clients, trusts, estates, pension plans, and business entities. The firm combines financial planning with discretionary portfolio management using a range of investment vehicles and operates alongside related family office entities that offer trustee, bill-pay, and tax-preparation services.

Wealth management
user avatar

Tyler R

Series 65

St. Cloud, MN

Midwest Financial Partners

Tyler Rosin is a financial advisor at Midwest Financial Partners in St. Cloud, MN, holding a Series 65 designation with two years of industry experience. Prior to joining Midwest Financial Partners in 2022, he worked at United Health Group from 2010 to 2022. Midwest Financial Partners provides investment advice and retirement-plan consulting to individuals, families, high-net-worth clients, trusts, estates, pension plans, and business entities. The firm manages approximately $1.26 billion in assets across more than 1,100 client accounts through a team of nine advisors, combining financial planning with discretionary portfolio management using a variety of investment vehicles and offering related family office services.

Wealth management
user avatar

Benjamin C

Series 65

Sarasota, FL

Midwest Financial Partners

Benjamin Crist is a Series 65-licensed advisor at Midwest Financial Partners with two years of industry experience. Prior to joining Midwest Financial Partners, he held roles at Xcel Energy, Randstad Professionals, HHL + PMP, and Wolters Kluwer Health. Midwest Financial Partners provides investment advice and retirement-plan consulting to individuals, families, high-net-worth clients, trusts, estates, pension plans, and business entities. The firm combines financial planning with discretionary portfolio management using a range of investment vehicles and operates alongside related family office entities offering additional administrative services.

Wealth management
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