FM
Frank T. Macgowan
KESTRA ADVISORY SERVICES
Minnetonka, MN 55343
Some features on this profile are disabled
CRD#: 2306406
FM
Professional summary
Frank Thomas Macgowan is a registered financial advisor currently at KESTRA ADVISORY SERVICES, LLC located in Minnetonka, Minnesota and KESTRA INVESTMENT SERVICES, LLC located in Minnetonka, Minnesota.
Frank is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1993. Frank has worked at 4 firms and has passed the Series 65, Series 63, SIE and Series 6 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.
Business Name: Christensen Group, inc. Investment Related: Yes Address: 11100 Bren Road West Minnetonka MN 55343 Nature of Business: Insurance Position, Title or Relationship: Independent rep Start Date: 8/1/1992 Hours per month: 11% - 20% (17 - 32 hours) Hours per month during trading hours: 0% - 10% (0 - 14 hours) Duties: Sales and some ongooing service Business Name: Kestra Advisory Services, LLC Investment Related: Yes Address: 5707 Southwest Parkway Building 2, Suite 400 Austin TX 78735 Nature of Business: Investment Advisory services through Kestra Advisory Services, LLC Position, Title or Relationship: Investment Advisor Representative Start Date: 4/4/2016 Hours per month: Up to 100% (0 to 160 hours) Hours per month during trading hours: Up to 100% (0 to 160 hours) Duties: Investment advisory services Business Name: PFM Solutions , LLC Investment Related: No Address: 7825 Washington Ave., #500 Bloomington MN 55439 Nature of Business: Other Back Office Operations Position, Title or Relationship: Owner/member. Start Date: 3/16/2016 Hours per month: 0% - 10% (0 - 16 hours) Hours per month during trading hours: 0% - 10% (0 - 14 hours) Duties: Provide Cash flow management software with identity theft protection in the employee benefit market place Business Name: Shorewood Wealth Advisors, LLC Investment Related: No Address: 5151 Edina Industrial Blvd Suite 299 Edina MN 55439 Nature of Business: Registered Rep Activities through Kestra Investment Services, LLC using a DBA name; Insurance; Investment Advisory services through Kestra Advisory Services, LLC Position, Title or Relationship: Owner Start Date: 7/1/2014 Hours per month: 100%+ (More than 160 hours) Hours per month during trading hours: 91% - 100% (127 - 140 hours) Duties: Sale and service my advsiory clients
CRS (Client Relationship Summary) - RIA
Click below to view Frank Thomas Macgowan'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
April 21, 2016 - Present
KESTRA ADVISORY SERVICES, LLC
Office #1: 12800 Whitewater Drive Suite 100, Minnetonka, MN 55343RIA
CRD#: 283330
Minnetonka, MN
Current
February 12, 1998 - Present
KESTRA INVESTMENT SERVICES, LLC
Office #1: 12800 Whitewater Drive Suite 100, Minnetonka, MN 55343BD
CRD#: 42046
Minnetonka, MN
Past
July 7, 2014 - September 22, 2016
KESTRA INVESTMENT SERVICES, LLC
RIA
CRD#: 42046
MINNETONKA, MN
Past
July 15, 1994 - February 26, 1998
WOODBURY FINANCIAL SERVICES, INC.
BD
CRD#: 421
OAKDALE, MN
Past
February 8, 1993 - February 20, 1996
G. R. PHELPS & CO., INC.
BD
CRD#: 173
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".
KA
KESTRA ADVISORY SERVICES, LLC
KESTRA ADVISORY SERVICES, LLC | NFP ADVISOR SERVICES LLC
CRD#: 283330 / SEC#: 801-56126
RIA
Registered Investment Advisory firm - (12/31/1998 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(10/14/2021)
RR
California(8/22/2025)
RR
Colorado(2/12/2025)
RR
Connecticut(5/15/2013)
RR
Florida(6/14/2007)
RR
Georgia(3/8/2024)
RR
Idaho(3/11/2025)
RR
Illinois(3/22/2022)
RR
Maryland(9/25/2024)
RR
Minnesota(2/12/1998)
IAR
Minnesota(4/21/2016)
RR
New York(2/13/2025)
RR
North Dakota(5/24/2021)
RR
Ohio(6/18/2025)
RR
Tennessee(1/4/2023)
RR
Texas(10/31/2022)
IAR
Texas(6/12/2025)
RR
Wisconsin(3/14/2014)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
KA
KESTRA ADVISORY SERVICES, LLC
KESTRA ADVISORY SERVICES, LLC | NFP ADVISOR SERVICES LLC
CRD#: 283330 / SEC#: 801-56126
RIA
Registered Investment Advisory firm - (12/31/1998 Approved)Upgrade to AdvisorCheck Premium
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.
Contact information
Main Address
5707 Southwest Parkway Building 2, Suite 400, Austin, TX 78735
Mailing Address
Phone number
(844) 553-7872
Established
Firm type
Fiscal year end
# of Employees
1,299
SEC notice filing (53 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 155,482 |
| AUM (Assets Under Management) | $ 60,174,309,829 |
Accountant surprise examination report
| Filing Date | Form ADV-E Cover | Form ADV-E Report |
|---|---|---|
| 12/23/2024 | ||
| 10/20/2023 | ||
| 12/21/2022 |
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.
