Strong Tower Advisory Services logo

Strong Tower Advisory Services

Updated today

Client AUM

$569,099,628

Clients

300

Advisors

8

of 9 employees

About

Strong Tower Advisory Services is a registered SEC investment adviser that provides discretionary portfolio management, financial planning, retirement-plan fiduciary and financial consulting services to individuals (including high‑net‑worth clients), small businesses, trusts and estates. The firm’s brochure indicates it manages roughly $759 million in client assets and serves retirement plan sponsors as well as individual clients.

The firm describes a total‑return investment approach that blends capital appreciation with dividend income and emphasizes risk management to limit drawdowns, using customized portfolios, model portfolios, tactical rebalancing and hedging techniques. STAS implements strategies with ETFs, mutual funds, stocks, bonds and options, and the brochure specifically discusses use of options and inverse/leveraged instruments as part of its hedging and tactical toolkit.

Relative to many team firms, Strong Tower’s profile is notable for a multi‑hundred‑million dollar asset base managed by a compact advisory team, and its disclosure of derivative use and instruments that may employ leverage (and related references to borrowing/leveraging considerations in managed accounts) — practices that the firm’s materials address as part of risk management. The brochure also highlights that STAS provides ERISA 3(21)/3(38) retirement‑plan fiduciary services and that some advisors act as licensed insurance agents and registered representatives, arrangements the firm discloses as potential conflicts of interest.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Retirement plans for business owners (SEP, solo 401k) Business succession planning Charitable giving & philanthropy

Occupation focus

Founder/Business Owner Executive

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Fee options

Fixed

Fixed fee financial planning services range from $1,000 to $10,000, negotiated based on scope and complexity

Percentage

$0 - $500,000: 1.50% $500,001 - $1,000,000: 1.35% $1,000,001 - $5,000,000: 1.25% $5,000,001 - $10,000,000: 1.00% $10,000,001 - $20,000,000: 0.75% Above $20,000,001+: 0.50%

Commissions

IARs earn separate commissions from insurance and brokerage product sales, in addition to advisory fees

Project-based

Financial planning and/or consulting services may be charged on an hourly basis (specific rates not stated)

Other

Account minimum: $1,000,000 Fee-only: Financial planning and/or consulting services charged on an hourly, flat fee, or fixed fee basis ranging from $1,000 to $10,000, negotiated per scope and complexity

Main office

333 South 7th Street Suite 2100

Minneapolis MN 55402

Advisors at this office

8

Most active in

Arizona · California · Colorado · Florida · Illinois · Louisiana · Minnesota · Ohio · Texas · Wisconsin

Also doing business as

Strong Castle Wealth · Strong Tower Advisory Services · Strong Tower Advisory Services LLC · Strong Tower Wealth · Strong Tower Wealth Management

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

Troy W

CFP®, Series 63, Series 65

Minneapolis, MN

Strong Tower Advisory Services

Troy Winegarner is a CFP® with 26 years of industry experience and is currently a principal at Strong Tower Advisory Services in Minneapolis, MN. He has held leadership roles at multiple firms including Advisor Financing LLC and Olivia Aviation, where he serves as CEO. Winegarner’s background includes wealth management and professional services, along with involvement in aviation leasing through Olivia Aviation. Strong Tower Advisory Services serves individual clients, small businesses, trusts, and estates with discretionary portfolio management, financial planning, and retirement plan advisory services. The firm employs customized or model-based investment strategies using ETFs, stocks, bonds, mutual funds, and options, incorporating hedging and tactical rebalancing to manage risk.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Braeden M

Series 65

Minneapolis, MN

Strong Tower Advisory Services

Braeden Mischke is a financial advisor at Strong Tower Advisory Services in Minneapolis, MN, holding a Series 65 designation with four years of industry experience. His prior roles include work at Brouillette Group and involvement with The Jayhawk Club and the University of Kansas. Strong Tower Advisory Services is an SEC-registered investment adviser managing roughly $759 million in client assets. The firm offers discretionary portfolio management, financial planning, and retirement-plan fiduciary services to individuals, small businesses, trusts, and estates, employing a total-return investment approach that incorporates customized portfolios, tactical rebalancing, and hedging strategies using a range of instruments including options.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Nicholas M

Series 65

Minneapolis, MN

Strong Tower Advisory Services

Nicholas Michel is an advisor at Strong Tower Advisory Services in Minneapolis, MN, holding a Series 65 designation with one year of industry experience. He has been affiliated with the University of Minnesota since 2014. Strong Tower Advisory Services is a registered SEC investment adviser managing approximately $759 million in client assets. The firm provides discretionary portfolio management, financial planning, and retirement-plan fiduciary services to individuals, small businesses, trusts, and estates, using a total-return investment approach that incorporates risk management, tactical rebalancing, and the use of derivatives.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Gregory M

CFP®, Series 63

Minneapolis, MN

Strong Tower Advisory Services

Gregory Molle is a CFP® with 41 years of industry experience, currently serving as CEO and managing partner at Strong Tower Advisory Services in Minneapolis, MN. He has held advisory roles at DFPG Investments, Advisor Financing LLC, Cetera Advisor Networks, and Advisornet Wealth Management. Molle is also involved as a silent partner in a startup bar and restaurant business. Strong Tower Advisory Services works with individual clients, small businesses, trusts, and estates, offering discretionary portfolio management, financial planning, retirement plan advisory, and broader financial consulting. The firm primarily uses ETFs, stocks, bonds, mutual funds, and options in customized or model-based strategies, with a focus on downside risk management and retirement-plan fiduciary services.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

William V

Series 65

Minneapolis, MN

Strong Tower Advisory Services

William Velgersdyk is a financial advisor with Strong Tower Advisory Services in Minneapolis, MN. He holds a Series 65 designation and has one year of industry experience. Prior to entering the financial advisory field, he worked in various roles including at Agiliti and Twin City Filter Service, and spent four years affiliated with the University of St. Thomas. Strong Tower Advisory Services provides discretionary portfolio management, financial planning, retirement-plan fiduciary, and financial consulting services to individuals, small businesses, trusts, and estates. The firm manages approximately $759 million in client assets and employs a total-return investment approach that combines capital appreciation and dividend income with risk management strategies including the use of derivatives and leverage.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Allen L

Series 65

Minneapolis, MN

Strong Tower Advisory Services

Allen Le May is a financial advisor at Strong Tower Advisory Services with a Series 65 credential and one year of industry experience. Prior to joining Strong Tower Wealth, he held roles at Gratus Funds, ServiceNow, Oracle, Butterfly Network, and Workday. Strong Tower Advisory Services manages approximately $759 million in client assets and serves individuals, high-net-worth clients, small businesses, trusts, estates, and retirement plan sponsors. The firm employs a total-return investment approach that combines capital appreciation, dividend income, and risk management through customized and model portfolios, tactical rebalancing, and hedging strategies utilizing ETFs, mutual funds, stocks, bonds, and options.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Wendy P

CFA®, Series 66

Minneapolis, MN

Strong Tower Advisory Services

Wendy Peichel is a CFA® charterholder and holds a Series 66 license with 12 years of industry experience. She currently serves as a senior wealth planner at Strong Tower Advisory Services and Strong Tower Wealth Management in Minneapolis, MN. Her prior experience includes roles at DFPG Investments, Cetera Advisor Networks, and HD Vest Investment Services. Strong Tower Advisory Services serves individual clients, small businesses, trusts, and estates with discretionary portfolio management, financial planning, and retirement plan advisory services. The firm primarily uses ETFs, stocks, bonds, mutual funds, and options to implement customized or model-based investment strategies with ongoing monitoring and risk management.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Charitable giving & philanthropy Founder/Business Owner Executive
user avatar

Cole B

Series 63, Series 66

Minneapolis, MN

Strong Tower Advisory Services

Cole Billings is a financial advisor at Strong Tower Advisory Services in Minneapolis, MN, holding Series 63 and Series 66 licenses with three years of industry experience. His prior roles include positions at LPL Financial, Northwestern Mutual Wealth Management Company, and DFPG Investments, LLC. Strong Tower Advisory Services serves individual clients, small businesses, trusts, and estates by providing discretionary portfolio management, financial planning, and retirement plan advisory services. The firm primarily uses ETFs, stocks, bonds, mutual funds, and options in customized or model-based strategies, with a focus on risk management through hedging and tactical rebalancing.

Retirement plans for business owners (SEP, solo 401k) Business succession planning Charitable giving & philanthropy Founder/Business Owner Executive
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