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THE WEALTH GROUP - AUSTIN B. COLBY & ASSOCIATES
Legal name: THE WEALTH GROUP, LTD
CRD 311385File 801-120158
APPROVED
Retail clients
Custody
Filing as of Jan 14, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$711.0M
Above cohort median (national)
Discretionary AUM
$707.4M
Non-discretionary $3.6M
Clients
591
2,486 accounts
Employees
12
Above cohort median in MN
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- CHRO
- Registration date
- Jan 14, 2021
- Principal office
- 14850 SCENIC HEIGHTS ROAD, SUITE #100, EDEN PRAIRIE, MN, 55344
- Phone
- 952-937-9423
- Website
- HTTPS://WEALTHGROUP.COM/
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $711.0M
- Discretionary AUM
- $707.4M
- Non-discretionary AUM
- $3.6M
- Discretionary accounts
- 2,467
- Non-discretionary accounts
- 19
- Total accounts
- 2,486
- AUM per client
- $1.2M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| High net worth individuals | 277 | $549.3M |
| Individuals (other than high net worth individuals) | 314 | $161.7M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- A percentage of assets under your management
Advisory activities
- Financial planning services
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Feb 1, 2026 | Clients | 554 | 591 | increased by37 |
| Feb 1, 2026 | AUM | $566,682,714 | $711,016,621 | increased by$144,333,907 |
| Feb 1, 2026 | Accounts | 2,419 | 2,486 | increased by67 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 10 | 12 | increased by2 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 440 | 554 | increased by114 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $421,600,000 | $566,682,714 | increased by$145,082,714 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 1,794 | 2,419 | increased by625 |
| Feb 1, 2022 | Employees | 7 | 10 | increased by3 |
| Feb 1, 2022 | Custody | No | Yes | |
| Feb 1, 2022 | Clients | 450 | 440 | decreased by10 |
| Feb 1, 2022 | AUM | $370,000,000 | $421,600,000 | increased by$51,600,000 |
| Feb 1, 2022 | Accounts | 1,689 | 1,794 | increased by105 |
| Aug 1, 2021 | Registration | APPROVED-120 | APPROVED | |
| Aug 1, 2021 | AUM | $0 | $370,000,000 | increased by$370,000,000 |
| Aug 1, 2021 | Accounts | 0 | 1,689 | increased by1,689 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “WEALTH GROUP” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“WEALTH GROUP” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.