Minnetonka, MN Office

Team
Updated today
Pine Grove Financial Group logo

Pine Grove Financial Group

Team

Firm-wide stats for Pine Grove Financial Group

Total advisors

14

Across 2 offices

Clients per advisor

100 Very High

Avg AUM per client

$1,062,194 Typical

HNW client ratio

36% Typical

About

Pine Grove Financial Group serves individuals (including high‑net‑worth clients) and retirement plan sponsors and participants through a team of advisors managing roughly $1.5 billion across about 1,400 client relationships. The firm offers discretionary asset management, written financial planning, and both fiduciary consulting and fiduciary management services for retirement plans, and it also conducts occasional impersonal seminars and workshops.

The firm’s investment approach emphasizes value‑oriented, long‑term investing combined with strategic and tactical asset allocation and quarterly manual rebalancing, with flexibility for special situations such as low‑basis stock or stock option holdings. PGFG frequently engages independent third‑party advisers to implement portfolios and tax‑aware trading—retaining discretionary authority for implementation when clients agree.

Distinctive features relative to many peers include its role as a sponsor/syndicator of private investment vehicles offered to a very limited set of legacy or closely connected investors, and its regular delivery of educational seminars, both of which are uncommon for firms of this size. The firm also discloses cross‑industry affiliations—including an ownership interest in a tax/accounting practice and a revenue‑sharing relationship with a third‑party portfolio implementer—which it says it manages through disclosure and periodic due diligence.

Based on Pine Grove Financial Group

Expertise

Wealth management Tax-loss harvesting Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy

Based on Pine Grove Financial Group

Occupation focus

Founder/Business Owner Retired

Based on Pine Grove Financial Group

Location

13100 Wayzata Blvd, #300

Minnetonka MN 55305

Advisors at this office

4

Advisors at this office

user avatar

Derek N

Series 66

Minnetonka, MN

Pine Grove Financial Group

Derek Nutter is a financial advisor at Pine Grove Financial Group with 22 years of industry experience. He holds a Series 66 designation and has worked at firms including Lakestone Wealth Management, Gray Pines Wealth Management, and Cetera Advisor Networks. Outside of his advisory role, Nutter is a licensed insurance agent selling life, annuities, and long-term care products. Pine Grove Financial Group serves individuals, including high-net-worth clients, as well as retirement plan sponsors and participants. The firm manages approximately $1.5 billion across 1,400 client relationships, focusing on value-oriented, long-term investing combined with strategic asset allocation and quarterly rebalancing.

Wealth management Tax-loss harvesting Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Founder/Business Owner Retired
user avatar

Terra J

CFP®, Series 63

Minnetonka, MN

Pine Grove Financial Group

Terra Johnson is a CFP® professional with 15 years of experience, currently serving at Pine Grove Financial Group. Prior to this, Terra held roles at Lakestone Wealth Management, Gray Pines Wealth Management, AdvisorNet Wealth Management, Nutter Financial Group, and Cetera Advisor Networks. Terra is also a licensed insurance agent authorized to sell fixed life insurance and annuities. Pine Grove Financial Group is a team of 14 advisors managing approximately $1.5 billion across 1,400 client relationships, serving individuals including high-net-worth clients as well as retirement plan sponsors and participants. The firm provides discretionary asset management, written financial planning, and fiduciary consulting, with an investment approach focused on value-oriented, long-term investing combined with strategic asset allocation and periodic rebalancing.

Wealth management Tax-loss harvesting Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Founder/Business Owner Retired
user avatar

Nicholas F

CFP®

Minnetonka, MN

Pine Grove Financial Group

Nicholas Fahrendorff is a CFP® professional with four years of industry experience, currently serving as an advisor at Pine Grove Financial Group in Minnetonka, MN. His prior work includes roles at Lakestone Wealth Management, Solutran, Dominos Pizza, Great Waters Financial, and Royal Tire. Pine Grove Financial Group serves individuals, including high-net-worth clients, and retirement plan sponsors through a team of 14 advisors managing approximately $1.5 billion across 1,400 client relationships. The firm employs a value-oriented, long-term investment approach combined with strategic asset allocation and offers fiduciary consulting, discretionary asset management, and educational seminars.

Wealth management Tax-loss harvesting Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Founder/Business Owner Retired
user avatar

Jason J

CFP®, Series 63, Series 65

Minnetonka, MN

Pine Grove Financial Group

Jason Johnson is a CFP®-certified financial advisor with 26 years of industry experience. He is currently with Pine Grove Financial Group and has held prior roles at Lakestone Wealth Management, AdvisorNet Wealth Management, Kadence Wealth, and other firms. He is also licensed to sell fixed insurance products, including life insurance, annuities, and long-term care. Pine Grove Financial Group is a team-based firm managing approximately $1.5 billion across about 1,400 client relationships, serving individuals and retirement plan sponsors. The firm employs a value-oriented, long-term investment approach combined with strategic asset allocation and offers discretionary asset management, financial planning, and fiduciary services.

Wealth management Tax-loss harvesting Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Founder/Business Owner Retired
View complete list of advisors at this office
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