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Pack Private Wealth, LLC

Updated today

Client assets under management

$326,235,000

Clients

222

41% high-net-worth

Advisors

2

of 3 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

111

Very High

Average account size

$1,469,527

About

PACK Private Wealth is a registered, fee-based investment adviser that provides discretionary wealth management, investment management, and financial planning to individuals, high-net-worth clients, trusts, and estates. The firm manages roughly $326 million for about 222 clients and typically bills on a percentage-of-assets basis while delivering portfolio management for individual accounts.

The firm’s investment process is client‑specific and generally long‑term oriented, using fundamental and technical analysis to construct portfolios of ETFs, mutual funds, individual stocks and bonds, and—when appropriate—covered options or limited partnership interests; legacy holdings are sometimes retained for tax or fit considerations. Accounts are monitored continuously with formal reviews at least annually, and the adviser commonly implements strategies through accounts held at a recommended custodian under discretionary authority.

A notable distinction is the firm’s affiliated private‑capital activity: it operates an entity established to make capital investments in companies, projects and real estate and is involved with a 55+ housing development vehicle, arrangements for which generate equity interests or cash‑flow compensation for the firm’s ownership. The firm also discloses that advisory personnel maintain separate insurance-licensing activities that produce commission income, and these outside business activities are identified as potential conflicts of interest in its disclosures.

Client services

Financial planning Portfolio management

Expertise

Active portfolio management Concentrated stock management

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Fee options

Percentage

$0+: 0.50% annually +: up to 1.50% annually

Other

Fee-only: Fees range from 0.50% to 1.50% annually, paid quarterly in advance, based on assets under management; fees may be negotiable or fixed for certain clients.

Main office location

Pack Private Wealth, LLC

1905 Wayzata Blvd., Suite 320

Wayzata MN 55391, United States

Number of offices

1

Most active in

Florida · Minnesota · Texas · 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

Jason L

Series 66

Wayzata, MN

Pack Private Wealth, LLC

Jason Lennartson is a financial advisor at Pack Private Wealth, LLC with eight years of industry experience. He holds the Series 66 designation and previously worked at RBC Capital Markets, LLC and Riverbridge Partners. Pack Private Wealth, LLC is an SEC-registered wealth management firm serving individuals, trusts, estates, businesses, and retirement plans. The firm manages approximately $267 million for around 334 clients and offers discretionary investment management, financial planning, and retirement plan advisory services.

Active portfolio management Concentrated stock management
user avatar

Derek S

Series 66

Wayzata, MN

Pack Private Wealth, LLC

Derek Swedberg is a financial advisor at Pack Private Wealth, LLC with 18 years of industry experience. He holds a Series 66 designation and previously worked for RBC Capital Markets Corporation for 12 years before joining Pack Private Wealth in 2020. Outside of his advisory role, he consults for Lifespark, a senior care provider, assisting with business expansion opportunities. Pack Private Wealth, LLC is an SEC-registered firm serving individuals, trusts, estates, businesses, and retirement plans. The firm manages approximately $267 million across 334 clients, offering discretionary investment management, financial planning, and retirement plan advisory services with a focus on customized portfolios and both fundamental and technical analysis.

Active portfolio management Concentrated stock management
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