FS
Fred W. Sowatzka
CETERA INVESTMENT ADVISERS LLC
MAPLE GROVE, MN 55369
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CRD#: 2155866
FS
Professional summary
Fred William Sowatzka is a registered financial advisor currently at CETERA INVESTMENT ADVISERS LLC located in Maple Grove, Minnesota and CETERA WEALTH SERVICES, LLC located in Maple Grove, Minnesota.
Fred is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1991. Fred has worked at 5 firms and has passed the Series 63, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1) MIDWEST FINANCIAL GROUP POSITION: treasurer NATURE: acting in the compacity of an owner, as treasurer of Midwest Financial Group. This OBA will be my business name moving forward INVESTMENT RELATED: Yes NUMBER OF HOURS: 200 SECURITIES TRADING HOURS: 130 START DATE: 06/15/2021 ADDRESS: 332 Minnesota St, W2350, Saint Paul MN 55101, United States DESCRIPTION: as Treasurer the duties are as follows:1 Run payroll2 maintain payroll numbers3 conduct banking activities4 maintain all banking records 2) MFG INVESTMENTS POSITION: owner NATURE: S corp formed to run my payroll (as W-2), provide liability protection and offer tax benefits INVESTMENT RELATED: Yes NUMBER OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 06/13/2000 ADDRESS: 332 Minnesota St, W 2350, St Paul MN 55101, United States DESCRIPTION: duties include all responsibilities as an active Financial advisor offered through Avantax 3) MFG TAX ADVISORS POSITION: Partner NATURE: MFG Tax Advisors will provide Tax services, to include tax preparation and advice INVESTMENT RELATED: No NUMBER OF HOURS: 10 SECURITIES TRADING HOURS: 0 START DATE: 01/15/2025 ADDRESS: 332 Minnesota St, W 2350, St Paul MN 55101, United States DESCRIPTION: I will be acting as CFO. Overseeing the company's accounting practices, managing the budget and analyzing the company's strength. 4) MFG FINANCIAL ADVISORS POSITION: treasurer NATURE: acting in the compacity of an owner, as treasurer of Midwest Financial Group. This OBA will be my business name moving forward INVESTMENT RELATED: Yes NUMBER OF HOURS: 200 SECURITIES TRADING HOURS: 130 START DATE: 06/15/2021 ADDRESS: 332 Minnesota St, W2350, Saint Paul MN 55101, United States DESCRIPTION: as Treasurer the duties are as follows:1. Run payroll 2. maintain payroll numbers 3. conduct banking activities 4. maintain all banking records
CRS (Client Relationship Summary) - RIA
Click below to view Fred William Sowatzka's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
September 5, 2025 - Present
CETERA INVESTMENT ADVISERS LLC
Office #1: 12924 63rd Ave N, Maple Grove, MN 55369RIA
CRD#: 105644
MAPLE GROVE, MN
Current
September 5, 2025 - Present
CETERA WEALTH SERVICES, LLC
Office #1: 12924 63rd Ave N, Maple Grove, MN 55369Office #2: 332 Minnesota Street Suite W2350, St. Paul, MN 55101BD
CRD#: 13572
Maple Grove, MN
Past
January 8, 2014 - September 5, 2025
AVANTAX ADVISORY SERVICES
RIA
CRD#: 104556
St Paul, MN
Past
April 1, 2002 - September 5, 2025
AVANTAX INVESTMENT SERVICES, INC.
BD
CRD#: 13686
St. Paul, MN
Past
July 11, 1991 - April 1, 2002
MARQUETTE FINANCIAL GROUP, INC.
BD
CRD#: 345
MINNEAPOLIS, MN
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Arizona(9/5/2025)
RR
California(9/5/2025)
RR
Colorado(9/5/2025)
RR
Florida(9/5/2025)
RR
Illinois(9/5/2025)
RR
Iowa(9/5/2025)
RR
Massachusetts(9/5/2025)
RR
Minnesota(9/5/2025)
IAR
Minnesota(9/5/2025)
RR
Missouri(9/5/2025)
RR
Nebraska(9/5/2025)
RR
Nevada(9/5/2025)
RR
North Carolina(9/5/2025)
RR
Oregon(9/5/2025)
RR
Texas(9/5/2025)
IAR
Texas(9/5/2025)
RR
Virginia(9/5/2025)
RR
Washington(9/5/2025)
RR
Wisconsin(9/5/2025)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
CI
CETERA INVESTMENT ADVISERS LLC
CETERA ADVISOR NETWORKS | TERRA FINANCIAL PLANNING GROUP LTD | GENWORTH FINANCIAL ADVISERS CORPORATION | FIRST ALLIED ADVISORY SERVICES | CETERA INVESTMENT ADVISERS LLC | CETERA ADVISORS
CRD#: 105644 / SEC#: 801-20406
RIA
Registered Investment Advisory firm - (1/13/1984 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1450 American Lane 6th Floor, Suite 650, Schaumburg, IL 60173-2096
Mailing Address
Phone number
(310) 257-7880
Established
Firm type
Fiscal year end
# of Employees
7,705
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 584,487 |
| AUM (Assets Under Management) | $ 163,792,814,520 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 10/27/2025 | ||
| 12/13/2024 | ||
| 09/26/2023 | ||
| 11/18/2022 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
