Phillip W. Grodnick

MINNEAPOLIS PORTFOLIO MANAGEMENT GROUP

Wayzata, MN 55391

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CRD#: 230540

Professional summary

Phillip Warren Grodnick is a registered financial advisor currently at MINNEAPOLIS PORTFOLIO MANAGEMENT GROUP, LLC located in Wayzata, Minnesota.

Phillip is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1963. Phillip has worked at 11 firms and has passed the Series 65, Series 63, Series 3, Series 15, Series 000, Series 1, Series 8 and Series 40 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.

The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Phillip Warren Grodnick's CRS (Customer Relationship Summary).

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®

None

Experience

Current

June 29, 2004 - Present

MINNEAPOLIS PORTFOLIO MANAGEMENT GROUP, LLC

Office #1: 3620 County Road 101 S., Wayzata, MN 55391

RIA

CRD#: 129963

Wayzata, MN

Past

September 26, 2003 - April 19, 2004

WELLS FARGO CLEARING SERVICES, LLC

RIA

CRD#: 19616

MINNEAPOLIS, MN

Past

July 1, 2003 - April 19, 2004

WELLS FARGO CLEARING SERVICES, LLC

CRD#: 19616

ST. LOUIS, MO

Past

March 31, 2000 - July 1, 2003

PRUDENTIAL EQUITY GROUP, LLC

CRD#: 7471

NEW YORK, NY

Past

December 13, 1994 - April 19, 2000

CITIGROUP GLOBAL MARKETS INC.

CRD#: 7059

NEW YORK, NY

Past

January 19, 1988 - December 9, 1994

MORGAN STANLEY DW INC.

CRD#: 7556

PURCHASE, NY

Past

October 12, 1983 - February 10, 1988

E. F. HUTTON & COMPANY INC

CRD#: 235

Past

September 15, 1978 - October 14, 1983

PRUDENTIAL EQUITY GROUP, LLC

CRD#: 7471

Past

February 24, 1978 - September 21, 1978

MORGAN STANLEY DW INC.

CRD#: 7556

Past

December 8, 1976 - February 24, 1978

DEAN WITTER & CO. INCORPORATED

CRD#: 6466

Past

August 13, 1975 - December 8, 1976

PIPER SANDLER & CO.

CRD#: 665

Past

August 3, 1975 - August 13, 1975

PIOER JAFFRAY & HOPWOOD INCORPORATED

CRD#: 1000003

Past

November 28, 1967 - May 30, 1975

LOEWI & CO., INCORPORATED

CRD#: 526

Past

June 17, 1963 - March 23, 1972

SELECTED INVESTMENTS

CRD#: 3356

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".

MINNEAPOLIS PORTFOLIO MANAGEMENT GROUP, LLC

MINNEAPOLIS PORTFOLIO MANAGEMENT GROUP, LLC | MINNEAPOLIS WEALTH MANAGEMENT, LLC

CRD#: 129963 / SEC#: 801-62669

RIA

Registered Investment Advisory firm - (1/14/2004 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.

Highlighted states indicate IAR registrations

IAR

Minnesota
(11/6/2013)

IAR

Texas
(6/29/2004)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 65

Date: 9/19/1995

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 11/21/1980

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 3

Date: 1/31/1991

National Commodity Futures Examination

General Industry/Product Exam

Series 15

Date: 3/7/1983

Foreign Currency Options Examination

General Industry/Product Exam

Series 000

Date: 10/23/1962

General Securities Principal Examination

General Industry/Product Exam

Series 1

Date: 6/23/1959

Registered Representative Examination

Principal/Supervisory Exam

Series 8

Date: 6/7/1989

General Securities Sales Supervisor Examination (Options Module & General Module)

Principal/Supervisory Exam

Series 40

Date: 11/16/1967

Registered Principal Examination

Current Firm

MINNEAPOLIS PORTFOLIO MANAGEMENT GROUP, LLC

MINNEAPOLIS PORTFOLIO MANAGEMENT GROUP, LLC | MINNEAPOLIS WEALTH MANAGEMENT, LLC

CRD#: 129963 / SEC#: 801-62669

RIA

Registered Investment Advisory firm - (1/14/2004 Approved)

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Contact information

Main Address

3620 County Road 101 S., Wayzata, MN 55391

Mailing Address

Phone number

(612) 334-2000

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (42 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

MPMG ADV PART 2A (3/18/2025)

Regulatory assets under management

Total Number of Accounts	1,782
AUM (Assets Under Management)	$ 900,615,846

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.

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Phillip W. Grodnick

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Phillip Warren Grodnick's CRS (Customer Relationship Summary).

Certified licenses

Experience

WELLS FARGO CLEARING SERVICES, LLC

WELLS FARGO CLEARING SERVICES, LLC

PRUDENTIAL EQUITY GROUP, LLC

CITIGROUP GLOBAL MARKETS INC.

MORGAN STANLEY DW INC.

E. F. HUTTON & COMPANY INC

PRUDENTIAL EQUITY GROUP, LLC

MORGAN STANLEY DW INC.

DEAN WITTER & CO. INCORPORATED

PIPER SANDLER & CO.

PIOER JAFFRAY & HOPWOOD INCORPORATED

LOEWI & CO., INCORPORATED

SELECTED INVESTMENTS

Primary Firm SEC Registration

MINNEAPOLIS PORTFOLIO MANAGEMENT GROUP, LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 9/19/1995

Series 63

Date: 11/21/1980

Series 3

Date: 1/31/1991

Series 15

Date: 3/7/1983

Series 000

Date: 10/23/1962

Series 1

Date: 6/23/1959

Series 8

Date: 6/7/1989

Series 40

Date: 11/16/1967

Current Firm

MINNEAPOLIS PORTFOLIO MANAGEMENT GROUP, LLC

Contact information

SEC notice filing (42 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

MINNEAPOLIS PORTFOLIO MANAGEMENT GROUP, LLC

TRUST BUT VERIFY

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