Owner /  Sr. Financial Planner, RJFS

Austin is the owner and visionary behind The Wealth Group. 

His #1 responsibility is to lead our team in devotion to the mission: providing quality financial planning and investment management to the firm’s clients.


  • BS from Minnesota State University, Mankato – Finance with emphasis in Financial Planning

  • MBA from Minnesota State University, Mankato – Leadership & Organizational Development


  • FINRA BrokerCheck


Austin is the proud husband to Jennifer and father to seven children.  Austin’s favorite home activities include listening to his wife play the piano, reading books with his children, and packing in as much play time as possible with the family.

The Colbys are active at their church in Eden Prairie, with a special emphasis on the church’s global outreach. Austin has traveled to Uganda several times, with a focus on creating sustainable businesses that create new jobs.

He also enjoys a quality round of golf with clients, friends, and the team.

“I started in financial planning immediately after graduating from college. I have always had a deep desire to own my own business, and run my own team that helps others achieve their goals and objectives. As the firm has grown and developed over the years, our financial planning and investment management expertise has only improved, and that continues to motivate me in my role at the firm.

I have been blessed to lead an amazing team that serves amazing clients. It is a pleasure to be part of a team that takes such great care and professionalism with how it treats each client. Continuing to provide first-class service for years to come with The Wealth Group is a professional dream-come true.”
— Austin