Envoi LLC

Envoi, LLC is a registered investment adviser based in Minneapolis, MN, established on February 5, 2009. The firm specializes in providing advice to families with multi-generational wealth, offering services such as financial planning, investment management, tax planning, risk management, and wealth transfer planning. Envoi operates as a family office, collaborating with client families' advisory teams to tailor strategies to each family's financial situation. The firm is committed to providing independent, objective, and sophisticated wealth counsel sourced from third-party providers to avoid conflicts of interest. Envoi offers discretionary portfolio management services, granting the firm authority to manage client accounts and make investment decisions on their behalf. The firm's fee structure is based on a percentage of assets under management, with a minimum annual fee of $150,000. Envoi manages $2.84 billion in client assets under management as of December 31, 2023. Envoi's investment philosophy focuses on diversification to mitigate risks associated with investing substantial wealth. The firm conducts due diligence on sub-advisors and investment products, evaluating factors such as investment performance, management team quality, and risk control. Envoi's investment process includes establishing a portfolio strategy, developing asset allocation plans, and selecting investment products tailored to each client's financial goals. Envoi does not accept performance-based fees or engage in side-by-side management. The firm acts as a fiduciary, committed to acting in clients' best interests and providing transparent, non-conflicted advice. Envoi does not have any disciplinary disclosures, financial industry affiliations, or soft dollar arrangements. Clients' accounts are held in custody by qualified custodians, with Envoi having limited custody to manage assets and deduct fees directly from client accounts.