Douglas Gallwas
Douglas Gallwas is a registered investment advisor at Osaic Wealth, INC., based in Woodbury, MN, with 37 years of industry experience. Douglas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
539 Bielenberg Drive, Suite 210, Woodbury, MN, 55125
Get directionsHistory
Regulatory History (2)
Customer Dispute
February 2005Customer Dispute
November 2002Other Business Activities
Douglas has several business activities, including being a member of Anderson Gallwas Holdings, LLC (managed by his spouse), co-owner of GT Financial Advisors, LLC, and owner/manager of Vittoria Management, LLC. He also owns licenses for European Wax Center franchise stores, managed by his spouse, and is the sole member of Douglas Gallwas LLC, an administrative LLC with no business.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
Woodbury Financial Services, INC.
Woodbury Financial Services, INC.Broker
Intervest International Equities CorporationBroker
Pruco Securities CorporationBroker
The Prudential Insurance Company of AmericaBroker
State Registrations7 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.