Midwest Wealth Advisors  
investing Rogers mn
midwest financial advisors wealth
Our goal is simple; help hardworking people like you and your family to prepare, implement and manage every phase of your Pre & Post Retirement life, helping to ensure your “Golden Years” are just that, “Truly Golden”

Additional information about individuals registered with FINRA can be found on FINRA'S BROKERCHECK.


"As one of the initial members of Midwest Wealth Advisors I work to educate and help our clients make appropriate investment and retirement decisions. My job is then to help each client review and adapt these strategies both for today and for the long term”. This “CLIENT CENTERED” practice keeps all parties informed and aware of the priority placed on benefits to the client."

Dave has been with North Star Resource Group since 1996. His prior fifteen years as Sales Manager for a financial and estate planning firm working with small business owners and their benefit plans formed the ideal foundation for his work as a personal financial advisor.

He is effectively supported by a team of professional administrative and investment product specialists assisting him in maintaining long-term relationships with his current and growing client base while providing excellent customer service.

Dave holds the Chartered Life Underwriter (CLU) designation. His focus is on individuals primarily interested in turning retirement accumulators (IRAs, 401(k)s, 403(b)s and other non retirement plan assets) into RETIREMENT INCOME through diversified investment strategies.

Dave and his wife Barb have been married for more than forty great years and have two married sons and four grandchildren. Away from business Dave enjoys shanking golf balls into luxury homes, good wine, and spending time with family and friends. As a graduate of the University of Minnesota, the Pederson’s are season ticket holders and avid cheering fans of the Minnesota Gophers.

David is a registered representative and investment advisor representative of Securian Financial Services, Inc. and CRI Securities, LLC.

Our Team

Lawrence Tate, ChFC
Chief Investment Strategist and Financial Advisor

David Nordmeier, CFP®, CFS
Chief Financial Strategist and Financial Advisor

David Pederson, CLU
Financial Advisor

Karen L. Nesbit
Practice Manager
for David Nordmeie


Midwest Wealth Advisors
11040 183RD CIR NW
Suite A
Elk River, MN 55330

Phone: 763-428-0066
Fax: 763-428-0072
Email: dped@midwestwealthadvisors.com
(View Map)

© 2022 Midwest Wealth Advisors. All Rights Reserved.

This website may contain articles or information that is a general discussion of federal tax laws and strategies that may benefit a taxpayer. It is not intended for, nor can it be used by any taxpayer for the purpose of avoiding federal tax penalties. Financial professionals do not provide tax or legal advice. Taxpayers should seek the advice of their own advisors regarding any tax and legal issues specific to their situation.

Midwest Wealth Advisors, an affiliate of North Star Resource Group, both of which are independently owned and operated and offer their own suite of products and services entirely independent of Securian.

Certain individuals associated with Midwest Wealth Advisors are registered with and offer securities and investment advisory services through Securian Financial Services, Inc. ("Securian"), a registered broker-dealer and investment adviser, member FINRA / SIPC. Individuals registered with Securian are authorized to offer only those securities and investment advisory services that have been specifically approved by Securian. FINRA’s BrokerCheck contains additional information about registered individuals and also indicates whether they are registered representatives and/or investment advisor representatives. You may also refer to their individual bio pages on this website to find their registration status. Not all registered persons are registered as investment advisor representatives. Only registered persons who are registered as investment advisor representatives use titles "advisor" or "financial advisor" and provide advisory services. For further questions about which individuals associated with Midwest Wealth Advisors are registered with Securian, as well as information about which securities and investment advisory services such individuals are authorized to offer on Securian's behalf, please contact Securian at 1-800-820-4205.

! The Client Relationship Summary (or Form CRS) contains important information regarding products, services, and fees. Click here to learn more.