Midwestern Financial, LLC, operating as Midwestern Financial Group, is a registered investment advisor founded in 2015 and based in Iowa City, Iowa. The firm manages investment portfolios tailored to each client's specific goals, time horizon, and risk tolerance using a mix of active and passive strategies, including index funds, exchange-traded funds, and individual securities. In addition to managing portfolios, Midwestern Financial Group offers comprehensive financial planning covering retirement, cash flow, debt management, employee benefits, college savings, estate planning, insurance, risk management, and tax strategies. The firm serves individuals, high-net-worth individuals, pension and profit-sharing plans, and charitable organizations.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.5M | 1.00% |
| $1.5M - $2.5M | 0.88% |
| $2.5M - $5.0M | 0.76% |
| $5.0M - $10.0M | 0.64% |
| $10M+ | 0.50% |
Fees are negotiable and billed quarterly in advance. Household accounts are aggregated for breakpoint calculations.