Midwest Financial Partners Investments provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and tax preparation.
Midwest Financial Partners Investments reports 531 clients. They include 326 high-net-worth individuals, 112 individual clients, and 64 pension and profit-sharing plans. Of its assets, 97.2% ($1.47B across 5,790 accounts) are managed with discretion; $42.3M across 5 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 21% | 31% |
| High-net-worth individuals | 61% | 66% |
| Pension and profit-sharing plans | 12% | <1% |
| Charitable organizations | 3% | 1% |
| Corporations and other businesses | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 112 | $474M | 31.2% | $4.23M |
| High-net-worth individuals | 326 | $1.01B | 66.5% | $3.09M |
| Pension and profit-sharing plans | 64 | $12.9M | 0.9% | $202K |
| Charitable organizations | 16 | $17.2M | 1.1% | $1.08M |
| Corporations and other businesses | 13 | $4.53M | 0.3% | $349K |
| Total | 531 | $1.52B | 100% | $2.86M |
- Clients
- 112
- Regulatory AUM
- $474M
- AUM share
- 31.2%
- Avg. per client
- $4.23M
- Clients
- 326
- Regulatory AUM
- $1.01B
- AUM share
- 66.5%
- Avg. per client
- $3.09M
- Clients
- 64
- Regulatory AUM
- $12.9M
- AUM share
- 0.9%
- Avg. per client
- $202K
- Clients
- 16
- Regulatory AUM
- $17.2M
- AUM share
- 1.1%
- Avg. per client
- $1.08M
- Clients
- 13
- Regulatory AUM
- $4.53M
- AUM share
- 0.3%
- Avg. per client
- $349K
Total
- Clients
- 531
- Regulatory AUM
- $1.52B
- AUM share
- 100%
- Avg. per client
- $2.86M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Midwest Financial Partners Investments charges 0.71%–1.26% a year for its Comprehensive Portfolio Management. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.26% |
| $250K–$500K | 1.02% |
| $500K–$1M | 0.99% |
| $1M–$2M | 0.78% |
| $2M–$5M | 0.71% |
| $5M–$10M | 0.75% |
| $10M and above | 0.75% |
Fee details and sources
Other fees
- Pontera Order Management
- Accounts held at custodians not directly accessible are charged an annual advisory fee of up to 0.60%, billed quarterly in advance.
Thomas D. St. Hilaire Revocable Trust owns 75% or more of Midwest Financial Partners Investments and is in turn owned by Thomas St Hilaire (75% or more). The leadership team of Midwest Financial Partners Investments includes President Thomas St Hilaire and Chief Compliance Officer John Glomski. It has 30 employees, 9 of them in advisory roles.
Leadership
- Thomas St HilairePresident
- John GlomskiChief Compliance Officer
Investment adviser representatives
9 representatives listed in the SEC register as of 9 October 2026.
- Mark Philip Boyle
- Benjamin Jennings Crist
- Nellie Lynn Gabrielson
- Jessica Lynn Gauerke
- John Darrell Glomski
- Hailey Harren Hollenhorst
- Tyler Lee Rosin
- Jamie Wesley Schrupp
- Thomas Donald St Hilaire
Staff
- 30 employees
- 9 in advisory functions
- 9 state-registered reps
- 6 insurance agents
- Owns 75% or more of Midwest Financial Partners Investments, Inc.
Thomas D. St. Hilaire Revocable Trust
Control person · since March 2018
- Owns 75% or more of Thomas D. St. Hilaire Revocable Trust
Thomas St Hilaire
Control person · since February 2018
Midwest Financial Partners Investments’ regulatory assets grew 1.9× from $779M (May 2021) to $1.52B (February 2026); clients fell from 960 to 531 and employees rose from 17 to 30.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $1.52B | 531 | 30 | 1 |
| February 2025 | $1.26B | 1,309 | 28 | 1 |
| March 2024 | $1.1B | 1,267 | 26 | 1 |
| March 2023 | $874M | 1,072 | 24 | 1 |
| March 2022 | $983M | 969 | 24 | 1 |
| May 2021 | $779M | 960 | 17 | 1 |
Besides its headquarters, Midwest Financial Partners Investments has 0 offices, with 1 listed address in Minnesota.
Minnesota · 1 listed address
- 912 West Saint Germain Street, Suite #300, St. CloudHQ
Contact and registration details
- Legal name
- Midwest Financial Partners Investments, Inc.
- Headquarters
- 912 West Saint Germain Street, Suite #300, St. Cloud, MN 56301
- Website
- Not reported
- Phone
- 320-251-3752
- SEC file
- 801-80667
- Founded
- 2014
- Structure
- Minnesota corporation
- Fiscal year end
- December
Midwest Financial Partners Investments uses Pershing ($1.18B) as custodian for its separately managed accounts. Midwest Financial Partners Investments has custody of $8.17M in client assets for 8 clients.
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $1.18B100%
At year end, Midwest Financial Partners Investments’ separately managed accounts were mostly in funds (94%). Its reported 13F holdings for the quarter ended 30 June 2026 total $241M across 80 positions; the largest are Vanguard Index Fds (10.1%), J P Morgan Exchange Traded F (9.7%) and iShares TR (7.8%).
What the accounts hold
- Stocks3%
- Funds94%
- Bonds1%
- Cash2%
Reported 13F holdings
- $241M
- Reported 13F value
- 80
- Positions
- 62.7%
- In the 10 largest
- +27.7%
- Value vs. prior quarter
- Vanguard Index Fds · Value ETF10.1%
- J P Morgan Exchange Traded F · Intl BD Opp ETF9.7%
- iShares TR · Trs Flt RT BD7.8%
- Vanguard Intl Equity Index F · FTSE Emr Mkt ETF6.7%
- Putnam ETF Trust · Frank Minn ETF6.6%
- Vanguard Index Fds · S&P 500 ETF Shs6.4%
- Franklin Templeton ETF TR · Franklin Dyn Mun5.6%
- Ark ETF TR · Genomic Rev ETF3.7%
- Ark ETF TR · Bloc Fin Inn ETF3.1%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt3.1%
Together, the ten largest are 62.7% of reported value.
How many clients does Midwest Financial Partners Investments have?
Midwest Financial Partners Investments has 531 clients and manages $1.52 billion for them, as of February 2026. They include 326 high-net-worth individuals, 112 individual clients, and 64 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 February 2026
What services does Midwest Financial Partners Investments offer?
Midwest Financial Partners Investments provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Midwest Financial Partners Investments charge?
Midwest Financial Partners Investments charges 0.71%–1.26% a year for its Comprehensive Portfolio Management. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Midwest Financial Partners Investments use?
Midwest Financial Partners Investments’ separately managed account assets are held at Pershing Advisor Solutions LLC (Jersey City, NJ), with $1.18B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 February 2026
How many financial advisors does Midwest Financial Partners Investments have?
Midwest Financial Partners Investments has 9 investment adviser representatives registered with state securities authorities, out of 30 employees, and 9 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 6 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Midwest Financial Partners Investments invest in?
At the end of its last fiscal year, Midwest Financial Partners Investments’ separately managed accounts held 94% registered funds (mutual funds, ETFs, BDCs), 3% exchange-traded equities, 2% cash and equivalents and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Midwest Financial Partners Investments?
Midwest Financial Partners Investments is owned through a trust by Thomas St Hilaire. Its direct owner is Thomas D. St. Hilaire Revocable Trust (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 3 February 2026
How does Midwest Financial Partners Investments get paid?
Midwest Financial Partners Investments is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Midwest Financial Partners Investments registered with the SEC?
Yes, Midwest Financial Partners Investments has been registered with the SEC as an investment adviser since 15 December 2014. Its CRD number is 173790 and its SEC file number is 801-80667.
Source: Form ADV Part 1A, Item 1, filed 3 February 2026; IAPD firm record
How do I contact Midwest Financial Partners Investments?
Midwest Financial Partners Investments’ main office is at 912 West Saint Germain Street, Suite #300, St. Cloud, MN 56301. Its phone number is 320-251-3752.