THE WEALTH GROUP - AUSTIN B. COLBY & ASSOCIATES

RIASEC RegisteredEst. 2021
Total AUM
$711M
Discretionary
$707M
99% of AUM
Avg account
$286K
Accounts
2,486
Employees
12
Advisory reps
11

Firm details

Headquarters
EDEN PRAIRIE, Minnesota
CRD number
311385
Registered since
January 14, 2021
Custodians
RAYMOND JAMES & ASSOCIATES, INC.
Fee structure
Percentage of AUM, Fixed Fees
Client types
  • HNWI77.26%
  • Individuals22.74%
Services
Financial PlanningPortfolio Management for Individuals

Firm profile

FINTRX

Overview

The Wealth Group - Austin B. Colby & Associates is an independent registered investment adviser organized as a corporation and SEC-registered in 2021. Ownership is individual and the firm targets individual and family clients, offering financial planning and portfolio management for individuals and small businesses. Compensation comes through a mix of percentage-of-AUM fees and fixed-fee arrangements. The firm also operates as an insurance broker, which likely ties to its use of annuities. It is not identified as a capital allocator, and it is not flagged as an active ESG investor.

Assets & Accounts

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Private Funds 92%, Exchange Traded Equities 3%, Cash & Cash Equivalents 3%, Other 2%92%
  • Private Funds92%
  • Exchange Traded Equities3%
  • Cash & Cash Equivalents3%
  • Other2%

Owners & executives

1 of 1
  • ADAM COLBY

    Partner, CFOCRD 6375439

Contacts

3 of 10
  • AUSTIN COLBY

    Owner, Senior Financial PlannerCRD 4560375

  • MICHAEL EARL

    Director of Wealth ManagementCRD 4906020

  • DANIEL JOHNSON

    ​Partner, Financial PlannerCRD 6835060

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

EDEN PRAIRIE, MN

HENNEPIN

Location

EDEN PRAIRIE, MN

Headquartered in EDEN PRAIRIE, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.

Metro area
Minneapolis-St. Paul, MN-WI
Region
Midwest
County
HENNEPIN
Address
14850 Scenic Heights Rd
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth