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THE ADVOCATE GROUP, LLC

SEC Registered

WE CAN HELP YOU GET THERE.

MINNETONKA, MNhttps://theadvocategroup.com952-693-2630
Assets Under Management
$500M–$1B
Employees
17
Office Locations
1 office
Total Accounts
1068

About the firm

The Advocate Group specializes in navigating the unique financial opportunities and challenges facing executives and their families from some of Minnesota's most prominent companies. The firm offers concierge financial planning and wealth management, with an intensive discovery process to fully understand each client as a person. Every client receives thorough and ongoing reviews across cash flow, taxes, insurance, estate planning, debt management, and investment allocation.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

IndividualsHigh Net Worth

Areas of expertise

Concierge Financial PlanningWealth ManagementInvestment ManagementExecutive CompensationStock OptionsTax PlanningEstate PlanningRetirement PlanningCash Flow ModelingRisk ManagementPhilanthropic Planning+4 more

Services

Investment management, security concentration strategies, stock option exercise strategies, alternative investment management, tax planning, tax avoidance and asset sale strategies, tax-efficient investing, IRA distribution planning, retirement and cash flow modeling, pension maximization, post-retirement capital sufficiency analysis, transition planning, estate design, risk management, philanthropic planning, and comprehensive estate settlement guidance.

investment_managementfinancial_planningtax_planninginsurancecharitable_givingcash_flow_planningrisk_management

Who they serve

Executives and their families from prominent Minnesota companies, as well as people who work or have worked in a corporate setting and are overwhelmed by their compensation plans.

Client segmentClientsAssets managed
Individuals (Non-HNW)124$27M
High Net Worth Individuals222$755M
State/Municipal Entities48

33 total clients reported on Form ADV.

Leadership

Ricky Lee Lueck
MEMBER & ADVISOR
David Bernard Van Benschoten
MEMBER, TREASURER & CHIEF INVESTMENT OFFICER
Shannon Marie O'leary
MEMBER & CHIEF COMPLIANCE OFFICER

Office locations

1 office in 1 state
MN
MINNETONKAHQ

Advisors at this firm

10 advisors in the directory

Regulatory & compliance

CRD number
#155270
SEC Number
801-72157
Disciplinary History
No
Fee Model & Minimums
Model: AUM / Flat Fee
Asset tierAnnual rate
First $2,000,0000.95%
Above $2,000,0000.75%

Data as of February 4, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. THE ADVOCATE GROUP, LLC has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

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THE ADVOCATE GROUP, LLC in MINNETONKA, MN | AdvisorFinder