Detroit Lakes, MN Financial Consultants
What We Do and Who We Are
At Unplugged Financial in Detroit Lakes, we believe that true financial freedom comes from having unbiased access to the best financial solutions—not just the ones that benefit an advisor’s bottom line. When you go to a bank, they push their own products. When you meet with an investment firm, they promote their portfolios. Insurance agents will tell you their policy is the best. Instead of being limited to one category, we partner with 190+ of the top financial institutions—spanning banking, investing, and insurance—to find the best solution for you, not the one that profits an agent.
Meet Gabe—the driving force behind Unplugged Financial in Detroit Lakes. Gabe is passionate about helping people take control of their finances, break free from debt, and build long-term financial security. Having personally achieved debt-free living and homeownership, he understands the power of smart financial decisions and is committed to guiding others on their journey. His approach is practical and rooted in real-life experience, making complex financial concepts easy to understand and apply.
You never pay us a dime—we get paid by the company that’s the best fit for you, meaning we work for you, not a commission. Whether you need to protect your assets, grow wealth, eliminate debt, or plan for retirement, we’ll find the best options tailored to your needs. We’ve also ditched the expensive office space so we can meet you wherever you are—virtually or in person—ensuring honest, pressure-free financial consulting that puts your goals first.
Gabe Schwinghammer
Financial Consultant | Detroit Lakes, MN
Financial Statistics & What We Offer Help With
Click to Expand & Learn More – These are just a few of the powerful ways we can help you take control of your finances and build a secure future!
While we’re based in Detroit Lakes, our services extend nationwide—no matter where you live in the U.S., we’re here to help you achieve your financial goals.
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63% of Americans fear running out of money more than they fear death.
Secure your retirement with strategies that provide guaranteed income and market protection. -
The average American household carries over $101,000 in debt, with credit card interest alone costing consumers more than $120 billion annually—trapping millions in a cycle of financial strain.
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Without proper estate planning, heirs can lose up to 40% of their inheritance to taxes. A trust ensures your wealth is protected and transferred efficiently.
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60% of U.S. homes are underinsured, leaving owners vulnerable to financial loss. Make sure your biggest asset is fully protected before disaster strikes.
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50% of retirees rely solely on Social Security, which only replaces about 40% of their income. An annuity can create a lifetime income stream that you can’t outlive.
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Big banks make billions while the average savings account earns just 0.45% interest. We offer high-interest savings options to make your money work for you.
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64% of Americans live paycheck to paycheck, even those earning six figures. A personalized budget plan can help you build wealth instead of just getting by.
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The average 401(k) balance for people nearing retirement is just $255,000—only enough to generate about $10,000 per year in retirement income. Alternative retirement strategies like IUL and annuities can maximize tax-free income and eliminate market risk.
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Over 70% of Americans will outlive their retirement savings. IUL offers tax-free growth and income, protecting against market downturns while securing a lifetime safety net.
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According to the Insurance Research Council, nearly 16% of U.S. drivers in 2022 had auto liability insurance limits that were too low to cover the damages or injuries they caused. This means that in the event of a serious accident, many drivers may find themselves personally responsible for substantial costs beyond their policy’s coverage. Ensuring you have adequate auto insurance is crucial to protect your financial well-being.
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90% of millionaires use life insurance as a wealth-building tool. Lock in low-cost coverage while allowing cash value to grow tax-free for your child’s future.
Breaking the Mold
A New Approach to Financial Advising
Traditional financial advisors follow a predictable pattern—they work for a bank, an investment firm, or an insurance company, meaning they can only offer the products their company sells. This creates a built-in bias, where their recommendations are often driven by quotas, commissions, or company goals rather than what’s actually best for you.
At Unplugged Financial, we’ve completely broken that mold. We work with over 190 of the top financial institutions across insurance, investments, banking, and debt solutions to find the absolute best financial strategy for your unique situation. We’re not tied to one company, so we don’t push a single product or agenda—we work for you.
And the best part? You never pay us a dime. Our services are completely free to you because we’re compensated by whichever company is the best fit for your needs. This means we come to the table with zero bias—our only goal is to help you make the smartest financial decisions possible.
We also believe that being financially smart isn’t just something we teach—it’s something we live. Unlike traditional financial firms, we don’t waste money on expensive office spaces, conference rooms, or other unnecessary overhead costs. Doing so allows us to avoid having to pass these costs onto our clients . We see those as silly expenses that don’t actually help our clients. Instead, we meet you wherever is most convenient—in person at a location that works for you or virtually, so you can plan your financial future from the comfort of your own home.
Your money should work for you, not for a captive agent or a company’s bottom line. At Unplugged Financial, we believe in financial freedom—which means you should never be locked into a plan that doesn’t fit your goals. We don’t believe in captive advisors, and neither should you when it comes to your money.
Step by Step Financial Freedom in Detroit Lakes, MN
At Unplugged Financial in Detroit Lakes, we take a personalized, no-pressure approach to financial consulting. Our process is designed to understand your unique goals, evaluate your current financial situation, and present the best solutions from 190+ top financial institutions—all at no cost to you. From the initial consultation to implementing the right strategies, we guide you every step of the way, ensuring clarity, confidence, and a plan that works for you.
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The first step is simple—just reach out! Email us to get started. We’ll find a time that works for you to discuss your financial goals. Whether you’re just starting or looking to improve your financial plan, this first step sets everything in motion.
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We’ll sit down with you—either in person if you’re local to an agent or over Zoom for convenience. During this appointment, we take the time to walk through your current financial situation. We’ll discuss your dreams, goals, and what you’d like to achieve financially in the years ahead. This conversation helps us understand where you are and where you want to be.
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After gathering all the necessary details, we tap into our network of 190+ financial companies to find the best options available to help you meet your goals. Whether it’s better insurance coverage, debt relief, investment opportunities, or retirement planning, we’ll explore every possible solution to fit your needs.
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We meet with you again to present the best financial solutions tailored to you. We break down each option, explaining how they align with your goals and how they can set you up for financial success. This is your chance to review, ask questions, and adjust your approach as needed.
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Financial goals aren’t one-size-fits-all. If you need to scale up for better results or scale down to make your plan more achievable, we’ll work together to fine-tune everything. Our priority is ensuring that your financial strategy is realistic, effective, and aligned with your long-term vision.
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Once we’ve locked in the best plan, we help you implement the financial products that make sense for your situation. Whether that means securing better home or auto insurance, setting up life insurance, eliminating credit card debt, or kickstarting an investment strategy, we guide you through every step.
