Pitzl Financial provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Pitzl Financial reports 394 clients. They include 211 individual clients and 183 high-net-worth individuals. Of its assets, 100.0% ($498M across 1,892 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 54% | 19% |
| High-net-worth individuals | 46% | 80% |
| Pension and profit-sharing plans | Fewer than 5 | 1% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 211 | $95M | 19.1% | $450K |
| High-net-worth individuals | 183 | $396M | 79.6% | $2.17M |
| Pension and profit-sharing plans | Fewer than 5 | $6.69M | 1.3% | — |
| Corporations and other businesses | Fewer than 5 | $2.21K | 0.0% | — |
| Total | 394 | $498M | 100% | — |
- Clients
- 211
- Regulatory AUM
- $95M
- AUM share
- 19.1%
- Avg. per client
- $450K
- Clients
- 183
- Regulatory AUM
- $396M
- AUM share
- 79.6%
- Avg. per client
- $2.17M
- Clients
- Fewer than 5
- Regulatory AUM
- $6.69M
- AUM share
- 1.3%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $2.21K
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 394
- Regulatory AUM
- $498M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Pitzl Financial charges 0.25%–1.00% a year for its Investment 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–$2M | 1.00% |
| $2M–$5M | 0.75% |
| $5M–$10M | 0.50% |
| $10M and above | 0.25% |
Fee details and sources
Other fees
- Financial Planning
- Typically provided at no charge to clients with assets under management; otherwise billed at about $300 an hour or as a fixed fee of $1,500 to $5,000.
Joseph Pitzl owns 50% to 75% of Pitzl Financial. The leadership team of Pitzl Financial includes Chief Compliance Officer Joseph Pitzl. It has 8 employees, 4 of them in advisory roles.
Leadership
Joseph PitzlChief Compliance Officer/Member
Justin GabrielMember
Daniel PitzlMember
John PitzlMember
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 8 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 50% to 75% of Pitzl Financial, LLC
Joseph Pitzl
Control person · since May 2014
- Owns 25% to 50% of Pitzl Financial, LLC
John Pitzl
Control person · since May 2014
- Owns 5% to 10% of Pitzl Financial, LLC
Daniel Pitzl
since May 2014
- Owns 5% to 10% of Pitzl Financial, LLC
Justin Gabriel
since April 2024
Pitzl Financial’s regulatory assets grew 2.5× from $203M (July 2021) to $498M (February 2026); clients rose from 259 to 394 and employees from 5 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $498M | 394 | 8 | 1 |
| February 2025 | $400M | 373 | 6 | 1 |
| April 2024 | $340M | 339 | 6 | 1 |
| February 2023 | $285M | 301 | 5 | 1 |
| March 2022 | $278M | 278 | 6 | 1 |
| July 2021 | $203M | 259 | 5 | 1 |
Besides its headquarters, Pitzl Financial has 0 offices, with 1 listed address in Minnesota.
Minnesota · 1 listed address
- 8 Pine Tree Drive, Suite 125, Arden HillsHQ
Contact and registration details
- Legal name
- Pitzl Financial, LLC
- Headquarters
- 8 Pine Tree Drive, Suite 125, Arden Hills, MN 55112
- Website
- pitzlfinancial.com
- Phone
- 651-287-3712
- SEC file
- 801-113328
- Founded
- 2014
- Structure
- Minnesota LLC
- Fiscal year end
- December
Pitzl Financial uses Fidelity ($350M, 81%) and Charles Schwab ($83.9M, 19%) as custodians for its separately managed accounts. Pitzl Financial has custody of $42.3M in client assets for 157 clients.
- FidelityNational Financial Services LLC · Boston, MA · $350M81%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $83.9M19%
At year end, Pitzl Financial’s separately managed accounts were mostly in funds (76%).
What the accounts hold
- Stocks9%
- Funds76%
- Bonds4%
- U.S. government and agency bonds2%
- State and local bonds1%
- Sovereign bonds1%
- Cash6%
- Other5%
- The firm maintains less than 1% in u.s. government/agency bonds, investment grade corporate bonds, pooled investment other than investment company or bdc and non exchange-traded equity combined.5%
How many clients does Pitzl Financial have?
Pitzl Financial has 394 clients and manages $498 million for them, as of February 2026. They include 211 individual clients and 183 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 9 February 2026
What services does Pitzl Financial offer?
Pitzl Financial provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning.
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 Pitzl Financial charge?
Pitzl Financial charges 0.25%–1.00% a year for its Investment Management. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Pitzl Financial use?
Pitzl Financial’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $350M and Charles Schwab & Co., Inc. (San Francisco, CA), with $83.9M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 February 2026
How many financial advisors does Pitzl Financial have?
Pitzl Financial has 4 investment adviser representatives registered with state securities authorities, out of 8 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Pitzl Financial invest in?
At the end of its last fiscal year, Pitzl Financial’s separately managed accounts held 76% registered funds (mutual funds, ETFs, BDCs), 9% exchange-traded equities, 6% cash and equivalents, 5% other, 2% U.S. government and agency bonds, 1% state and local bonds and 1% sovereign bonds. The 5% other category is described as: The Firm Maintains Less Than 1% in U.S. Government/Agency Bonds, Investment Grade Corporate Bonds, Pooled Investment Other Than Investment Company Or BDC and Non Exchange-Traded Equity Combined.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Pitzl Financial?
Pitzl Financial’s direct owners are Joseph Pitzl (50% to 75%), John Pitzl (25% to 50%), Daniel Pitzl (5% to 10%) and Justin Gabriel (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 9 February 2026
How does Pitzl Financial get paid?
Pitzl Financial is paid through a percentage of assets under management 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
How do I contact Pitzl Financial?
Pitzl Financial’s main office is at 8 Pine Tree Drive, Suite 125, Arden Hills, MN 55112. Its phone number is 651-287-3712. Its website is pitzlfinancial.com.