Donald | Board Chairman | Greater Midwest Financial Group

Donald Phillips CFP®

Chairman of the Board
651-490-9790

For more than 35 years, Don has provided investment advice and financial services to individuals and businesses in the St. Paul area and beyond. Don founded Greater Midwest Financial Group in 1989 and established a respected presence in many smaller cities throughout the Midwest. Since then, he’s expanded GMFG to serve clients in areas such as Fargo, Chicago, Phoenix and South Florida.

A specialist in estate, tax, education, retirement and investment planning, Don has held the Certified Financial Planner™ designation since 1987. Don is particularly passionate about assisting small business owners with everything from business continuation strategies to employee benefits and pension design. In 2011 and 2012, GMFG was honored to receive the Premier Wealth Advisor award from the National Association of Board Certified Advisory Practices.* Don received the Five Star Wealth Manager Award** from 2013-2024, and was named to Barron’s Winner’s Circle in 2007.***

Don served six years on active duty with the US Army, as well as 10 years as a critical care nurse, before graduating in 1983 with a Bachelor of Science degree in business management from the University of Minnesota. In addition to enjoying a lifetime of serving others, Don enjoys outdoor activities like hunting, fishing, golfing and hiking. When they aren’t up north, he and his wife, Erin, live in the Twin Cities. They love to spend time with their married children and their families.


*Award based on an evaluation of 20 different practice categories such as experience, credentials, assets under management, fee structure and philosophy, among other factors.

**The 2013-2024 Five Star Awards are based on 10 objective criteria associated with providing quality services to clients such as credentials, experience and assets under management, among other factors. Wealth managers do not pay a fee to be considered or placed on the final list.

***Rankings are based on minimum of seven years in financial services industry, acceptable compliance records, client retention reports and customer satisfaction reports.