Midwestern Financial Group fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 27, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$250/hr

“In the event of early termination, the client will be billed for the hours worked at a rate of $250.00 per hour.”

Flat or project fee

$250⁠-⁠$35,000

“The fixed fee can range between $250.00 and $35,000.00.”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Midwestern Financial Group bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Advisory fees are directly debited from client accounts, or the client may choose to pay by check or debit/credit card.”
• “An account may be terminated with written notice at least 15 calendar days in advance.”
• “These fees for financial planning are paid up front, in advance of the presentation of the plan.”

How Midwestern Financial Group’s fees compare

• Its hourly rate of $250 matches the Iowa median of $250. 26% of the 47 other Iowa planners that publish an hourly rate charge less.
• Its flat or project fee of $250-$35,000 spans the Iowa median of $3,850. 88% of the 43 other Iowa planners that publish a flat or project fee charge less.

About Midwestern Financial Group

• Firm size: 3 employees.
• Credentials named in the brochure: CFA.
• Founded: 2015 (11 years).

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

1% a year

Clients

135

Employees

3

Works with

Individuals and high net worth individuals

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, pension consulting, and educational seminars and workshops

Assets managed

$172,843,118

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

270022

Website

facebook.com/midwesternfinancial (opens in new tab)

Phone

(319) 499-1620

Can advise clients in 3 states: Iowa, Illinois, Texas

Other planners in Iowa that publish fees

• Acadia Legacy GroupClive$100⁠-⁠$350/hr
• Accel Wealth ManagementWaverly$150⁠-⁠$250/hr, $500
• Actis Wealth ManagementWaukee$200/hr, $1,000⁠-⁠$50,000
• Alba Financial LLCCouncil Bluffs$295/hr, $4,000⁠-⁠$12,500
• Ao Wealth AdvisoryUrbandale$300
• Arnold and Mote Wealth ManagementHiawatha$300/hr, $12,000

Compare all 108 planners in Iowa