Wealth manager, independent · Bloomington, MN
PSC Financial LLC
SEC-registered investment adviser · CRD 172054 · SEC 801-120763
At a glance
PSC Financial LLC is an SEC-registered investment adviser based in Bloomington, Minnesota, with $135 million in regulatory assets under management as of its Form ADV filed March 20, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 108 individual clients. By Form ADV it is a wealth manager, ranked 7,274th of 8,915 wealth managers and 14,191st of 17,210 SEC-registered advisers by assets.
Main office 952-777-3955pscfinancial.comAs filed on Form ADV
- Regulatory AUM
- $135M
- Rank among wealth managers
- #7,274 of 8,915
- Rank among all SEC RIAs
- #14,191 of 17,210
- Rank in Minnesota
- #247 of 276
- Individual clients
- 108
- High-net-worth clients
- 36
- Accounts
- 228
- Discretionary
- 100% of AUM
- Employees
- 3
- Advisory staff
- 2
- Offices
- 1
Owners and executives on its Form ADV
- Howard E. PakolaManaging Member & Chief Compliance Officer
- Joseph S. McRaeMinority Owner
Custody and brokerage
Broker-dealer
Hybrid RIA
PSC Financial LLC is a hybrid RIA: 2 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names LPL Financial as the broker-dealer its advisers are registered with.
arrangement, the Firm’s Supervised Persons, in their individual capacities as registered representatives of LPL, may provide securities brokerage services and implement securities transactions under a separate commission based arrangement.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 36 | $87M | 65% |
| Individuals | 72 | $32M | 24% |
| Charitable organizations | 3 | $16M | 12% |
Disciplinary disclosures
PSC Financial LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Selecting other advisers
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗pscfinancial.com ↗
AtlasMembers
The full record on PSC Financial LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 4 years of filings
- Locked
- Growth over one, three and five years
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- Rank against 5,127 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does PSC Financial LLC manage?
PSC Financial LLC reports $135 million in regulatory assets under management across 228 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 20, 2026.
What kind of firm is PSC Financial LLC?
PSC Financial LLC is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are PSC Financial LLC’s clients?
By assets, its largest client types are high-net-worth individuals ($87 million, 36 clients); individuals ($32 million, 72 clients); charitable organizations ($16 million, 3 clients).
Does PSC Financial LLC have any disciplinary history?
PSC Financial LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is PSC Financial LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-20), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →