PSC Financial provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
PSC Financial reports 111 clients. They include 72 individual clients, 36 high-net-worth individuals and 3 charitable organizations. Of its assets, 100.0% ($135M across 228 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 65% | 24% |
| High-net-worth individuals | 32% | 65% |
| Charitable organizations | 3% | 12% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 72 | $32.2M | 23.9% | $447K |
| High-net-worth individuals | 36 | $87.3M | 64.6% | $2.42M |
| Charitable organizations | Fewer than 5 | $15.6M | 11.5% | $5.2M |
| Total | 111 | $135M | 100% | — |
- Clients
- 72
- Regulatory AUM
- $32.2M
- AUM share
- 23.9%
- Avg. per client
- $447K
- Clients
- 36
- Regulatory AUM
- $87.3M
- AUM share
- 64.6%
- Avg. per client
- $2.42M
- Clients
- Fewer than 5
- Regulatory AUM
- $15.6M
- AUM share
- 11.5%
- Avg. per client
- $5.2M
Total
- Clients
- 111
- Regulatory AUM
- $135M
- 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
- 0
PSC Financial charges 0.50%–1.50% a year for its Investment Management. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Stand-alone planning and consulting is billed at a negotiable fixed fee of $1,500 to $5,000, or hourly at $250 to $500.
- Retirement Plan Consulting
- Plan consulting is a fixed project fee, individually negotiated; where PSC manages plan assets, an annual fee of 0.15% to 0.50% may apply.
Howard Pakola owns 75% or more of PSC Financial. The leadership team of PSC Financial includes Chief Compliance Officer Howard Pakola. It has 3 employees, 2 of them in advisory roles.
Staff
- 3 employees
- 2 in advisory functions
- 1 state-registered rep
- 2 broker-dealer reps
- 1 insurance agent
- Owns 75% or more of PSC Financial LLC
Howard Pakola
Control person · since August 2014
- Owns 10% to 25% of PSC Financial LLC
Joseph McRae
since April 2024
PSC Financial’s regulatory assets grew from $117M (March 2021) to $135M (March 2026); clients were 111 in both filings and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $135M | 111 | 3 | 1 |
| Mar 2025March 2025 | $129M | 109 | 3 | 1 |
| Apr 2024April 2024 | $115M | 108 | 3 | 1 |
| Mar 2023March 2023 | $114M | 110 | 3 | 1 |
| Mar 2022March 2022 | $122M | 112 | 3 | 1 |
| Mar 2021March 2021 | $117M | 106 | 3 | 1 |
Besides its headquarters, PSC Financial has 0 offices, with 1 listed address in 1 state.
Minnesota · 1 listed address
- 7900 International Drive, Suite 1075, BloomingtonHQ
Contact and registration details
- Legal name
- PSC Financial LLC
- Headquarters
- 7900 International Drive, Suite 1075, Bloomington, MN 55425
- Website
- pscfinancial.com
- Phone
- 952-777-3955
- SEC file
- 801-120763
- Structure
- Minnesota LLC
- Fiscal year end
- December
PSC Financial’s named custodian for separately managed accounts is LPL Financial ($135M). PSC Financial does not have custody of client assets.
- LPL FinancialLPL Financial LLC · Boston, MA · $135M100%
At year end, PSC Financial’s separately managed accounts were mostly in funds (87%).
What the accounts hold
- Stocks9%
- Funds87%
- Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash1%
How many clients does PSC Financial have?
PSC Financial has 111 clients and manages $135 million for them, as of March 2026. They include 72 individual clients, 36 high-net-worth individuals and 3 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026
What services does PSC Financial offer?
PSC Financial provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does PSC Financial charge?
PSC Financial charges 0.50%–1.50% a year for its Investment Management. The fee is billed in advance and is negotiable.
Which custodians does PSC Financial use?
PSC Financial’s separately managed account assets are held at LPL Financial LLC (Boston, MA), with $135M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026
How many financial advisors does PSC Financial have?
PSC Financial has 1 investment adviser representative registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does PSC Financial invest in?
At the end of its last fiscal year, PSC Financial’s separately managed accounts held 87% registered funds (mutual funds, ETFs, BDCs), 9% exchange-traded equities, 1% U.S. government and agency bonds, 1% state and local bonds, 1% investment grade corporate bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns PSC Financial?
PSC Financial’s direct owners are Howard Pakola (75% or more) and Joseph McRae (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 20 March 2026
How does PSC Financial get paid?
PSC Financial is paid through a percentage of assets under management. 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 PSC Financial?
PSC Financial’s main office is at 7900 International Drive, Suite 1075, Bloomington, MN 55425. Its phone number is 952-777-3955. Its website is pscfinancial.com.