Phillip Grodnick
Phillip Grodnick is a registered investment advisor at Minneapolis Portfolio Management Group, LLC, based in Wayzata, MN, with 22 years of industry experience. Phillip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management. Their firm serves 1,782 clients with $900M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 2.00% |
| $500K - $1.0M | 1.80% |
| $1.0M - $5.0M | 1.60% |
| $5M+ | 1.40% |
Fees are negotiable and may vary significantly from client to client. MPMG may aggregate related accounts for purposes of the fee break points.
Fee Estimator
Location
3620 County Road 101 S., Wayzata, MN, 55391
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Employment History
Current Registrations
Minneapolis Portfolio Management Group, LLC
Previous Registrations
Wachovia Securities, LLC
State Registrations2 states
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