Douglas C. Goodmundson

GREAT WATERS FINANCIAL

Shoreview, MN 55126

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CRD#: 5353795

Professional summary

Douglas Carl Goodmundson, who also goes by Doug Goodmundson, is a registered financial advisor currently at GREAT WATERS FINANCIAL located in Shoreview, Minnesota.

Douglas is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2010. Douglas has worked at 5 firms and has passed the Series 65, Series 66, SIE and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Doug Goodmundson

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.

Name of Other Business: Great Waters Financial Investment Related: Yes Address: 4100 Lexington Ave N, Suite 100, Shoreview, MN 55126 Nature of Business: Insurance Position: Agent Start Date: 12/2023 Name of other business: Faith Homes Investment related: no Nature of business: real estate Position/title: treasurer Start date: 1/2018 Hours: 5/month

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Douglas Carl Goodmundson'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

December 15, 2023 - Present

GREAT WATERS FINANCIAL

Office #1: 4100 Lexington Ave N Suite 100, Shoreview, MN 55126

RIA

CRD#: 308215

Shoreview, MN

Past

January 31, 2014 - August 14, 2017

BFC PLANNING, INC.

RIA

CRD#: 119682

MAPLE GROVE, MN

Past

April 29, 2013 - August 14, 2017

BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC.

CRD#: 13609

MAPLE GROVE, MN

Past

January 7, 2013 - April 24, 2013

NATIONAL PLANNING CORPORATION

CRD#: 29604

MAPLE GROVE, MN

Past

September 1, 2010 - February 18, 2011

AMERIPRISE FINANCIAL SERVICES, LLC

CRD#: 6363

NEW PRAGUE, 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".

GREAT WATERS FINANCIAL

GREAT WATERS FINANCIAL | GREAT WATERS WEALTH MANAGEMENT

CRD#: 308215 / SEC#: 801-123543

RIA

Registered Investment Advisory firm - (3/28/2022 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
(12/15/2023)

IAR

Texas
(12/15/2023)

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: 11/28/2023

Uniform Investment Adviser Law Examination

State Security Law Exam

IAR

Series 66

Date: 9/30/2010

Uniform Combined State Law Examination

General Industry/Product Exam

SIE

Date: 8/14/2017

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 8/31/2010

General Securities Representative Examination

Current Firm

GREAT WATERS FINANCIAL

GREAT WATERS FINANCIAL | GREAT WATERS WEALTH MANAGEMENT

CRD#: 308215 / SEC#: 801-123543

RIA

Registered Investment Advisory firm - (3/28/2022 Approved)

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Contact information

Main Address

4100 Lexington Ave N Suite 100, Shoreview, MN 55126

Mailing Address

Phone number

(612) 360-2127

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (10 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

ADV PART 2A (9/19/2025)

Regulatory assets under management

Total Number of Accounts	5,944
AUM (Assets Under Management)	$ 1,183,117,490

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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Advisor Monitoring

Firm Stability Insights

Douglas C. Goodmundson

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Douglas Carl Goodmundson's CRS (Customer Relationship Summary).

Certified licenses

Experience

BFC PLANNING, INC.

BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC.

NATIONAL PLANNING CORPORATION

AMERIPRISE FINANCIAL SERVICES, LLC

Primary Firm SEC Registration

GREAT WATERS FINANCIAL

State Registrations and Notice Filings

Exams

Series 65

Date: 11/28/2023

Series 66

Date: 9/30/2010

SIE

Date: 8/14/2017

Series 7

Date: 8/31/2010

Current Firm

GREAT WATERS FINANCIAL

Contact information

SEC notice filing (10 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

GREAT WATERS FINANCIAL

TRUST BUT VERIFY

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