Top 10 financial advisors in Minnesota
We've curated a list of the best financial advisors in Minnesota, take a look at it below.
| # | Company | Assets under management | Number of advisors | |
|---|---|---|---|---|
| 1 | Assets under management $117,569,820,349 Number of advisors 3940 advisors | |||
| 2 | Assets under management $50,048,466,768 Number of advisors 0 advisors | |||
| 3 | Assets under management $17,365,481,592 Number of advisors 39 advisors | |||
| 4 | Assets under management $11,735,667,481 Number of advisors 71 advisors | |||
| 5 | Assets under management $9,695,869,684 Number of advisors 44 advisors | |||
| 6 | Assets under management $5,268,163,746 Number of advisors 39 advisors | |||
| 7 | Assets under management $5,099,147,747 Number of advisors 1987 advisors | |||
| 8 | Assets under management $4,090,619,513 Number of advisors 194 advisors | |||
| 9 | Assets under management $3,956,232,863 Number of advisors 131 advisors | |||
| 10 | Assets under management $3,663,659,470 Number of advisors 311 advisors |
Commitment
We've gathered and simplified publicly available information about financial advisors across the U.S. to help you make informed decisions. While we don't directly connect you with these listed advisors, we do offer a simple, reliable service to match you with trusted, pre-vetted advisors registered on our platform — saving you time and effort.
Get matched with an advisorMethodology
To find the top financial advisors in Minnesota, we first identified all firms registered with the SEC in the area. Rather than ranking firms purely by size, we excluded firms that don’t offer financial planning or portfolio management services, ensuring the list is relevant to individuals. We then ranked the remaining firms by assets under management (AUM) and the services they provide.
Comparing a company's EPS to industry averages and historical data provides a more comprehensive perspective. Still, other factors must also be considered, including the company’s growth prospects, industry dynamics, and the competitive landscape.
Thrivent Financial For Lutherans
Thrivent Financial For Lutherans is a financial advisory firm based in Minneapolis, Minnesota. It currently has approximately $117,569,820,349 of assets under management and employs about 3940 people. Thrivent Financial For Lutherans uses a fee structure of a percentage of assets under your management and performance-based fees.
$117,569,820,349 under management
3940 advisors
Fee structure
A percentage of assets under your management
Performance-based fees
Services offered
Portfolio Management For Individuals And/or Small Businesses
Portfolio Management For Investment Companies
Portfolio Management For Pooled Investment Vehicles
Portfolio Management For Businesses (other Than Small Businesses) Or Institutional Clients (other Than Registered Investment Companies And Other Pooled Investment Vehicles And)
Wealth Enhancement Advisory Services, LLC
Wealth Enhancement Advisory Services, LLC is a financial advisory firm based in Plymouth, Minnesota. It currently has approximately $50,048,466,768 of assets under management and employs about 0 people. Wealth Enhancement Advisory Services, LLC uses a fee structure of a percentage of assets under your management, hourly charges, fixed fees and fees received from third party investment advisors.
$50,048,466,768 under management
0 advisor
Fee structure
A percentage of assets under your management
Hourly charges
Fixed fees
FEES RECEIVED FROM THIRD PARTY INVESTMENT ADVISORS
Services offered
Financial Planning Services
Portfolio Management For Individuals And/or Small Businesses
Pension Consulting Services
Selection Of Other Advisers
Educational Seminars/workshops
Erisa 3(38) Investment Manager
Winslow Capital Management LLC
Winslow Capital Management LLC is a financial advisory firm based in Minneapolis, Minnesota. It currently has approximately $17,365,481,592 of assets under management and employs about 39 people. Winslow Capital Management LLC uses a fee structure of a percentage of assets under your management and performance-based fees.
$17,365,481,592 under management
39 advisors
Fee structure
A percentage of assets under your management
Performance-based fees
Services offered
Portfolio Management For Individuals And/or Small Businesses
Portfolio Management For Investment Companies
Portfolio Management For Pooled Investment Vehicles
Portfolio Management For Businesses (other Than Small Businesses) Or Institutional Clients (other Than Registered Investment Companies And Other Pooled Investment Vehicles And)
Sit Fixed Income Advisors Ii, LLC
Sit Fixed Income Advisors II, LLC is a privately owned independent investment adviser founded in 1984, managing clients' assets on a discretionary basis. Specializing in taxable and tax-exempt fixed income securities, the firm emphasizes interest income and principal value stability. Sit Fixed Income employs a bottom-up strategy to identify securities with strong risk/reward potential, aiming to outperform benchmarks and generate consistent returns. The firm's investment philosophy focuses on investment grade securities and tailored portfolios to meet client needs. As of December 31, 2022, Sit Fixed Income managed $11.9 billion in discretionary and non-discretionary assets. The firm charges management fees based on asset value, prorated for contributions or withdrawals during the quarter. Sit Fixed Income's fee schedules vary by strategy, with separate account management fees ranging from 0.20% to 0.75%. The firm also manages affiliated mutual funds and collective investment trusts. Sit Fixed Income's professionals, including Roger J. Sit, Bryce A. Doty, Mark H. Book, Paul J. Jungquist, Christopher M. Rasmussen, and Kurt van Kuller, hold professional designations such as CFA, CMA, and CPA. The firm's Business Continuation Plan ensures service resumption in case of interruptions, and a Privacy Policy safeguards clients' personal information. Sit Fixed Income's Brochure Supplement provides detailed information about key personnel, their educational backgrounds, business roles, and supervisory responsibilities.
$11,735,667,481 under management
71 advisors
Fee structure
A percentage of assets under your management
Performance-based fees
Services offered
Portfolio Management For Individuals And/or Small Businesses
Portfolio Management For Investment Companies
Portfolio Management For Pooled Investment Vehicles
Portfolio Management For Businesses (other Than Small Businesses) Or Institutional Clients (other Than Registered Investment Companies And Other Pooled Investment Vehicles And)
Mairs & Power
Mairs & Power is a financial advisory firm based in St. Paul, Minnesota. It currently has approximately $9,695,869,684 of assets under management and employs about 44 people. Mairs & Power uses a fee structure of a percentage of assets under your management and fixed fees.
$9,695,869,684 under management
44 advisors
Fee structure
A percentage of assets under your management
Fixed fees
Services offered
Financial Planning Services
Portfolio Management For Individuals And/or Small Businesses
Portfolio Management For Investment Companies
Portfolio Management For Pooled Investment Vehicles
Portfolio Management For Businesses (other Than Small Businesses) Or Institutional Clients (other Than Registered Investment Companies And Other Pooled Investment Vehicles And)
Gradient Investments, LLC
Gradient Investments, LLC is an independent SEC registered investment advisor established in [Year]. The firm specializes in providing investment management services to various clients, including institutional accounts, individuals, pension and profit-sharing plans, trusts, estates, corporations, charitable organizations, and small businesses. Gradient Investments is strictly a fee-only investment management firm and does not sell products for commissions. Clients maintain ownership of their assets, and the firm places trades under a limited power of attorney. The firm offers various managed portfolios, including Strategic, Tactical, Allocation, Defined Outcome, and Preservation portfolios. Account minimums range from $25,000 to $100,000, with discretionary management services based on individual client goals, objectives, time horizon, and risk tolerance. Fees are assessed quarterly based on assets under management and are negotiable based on the overall relationship. Gradient Investments' investment strategies include fundamental, technical, and cyclical analysis, focusing on risk exposure, investment strategy, and performance. The firm's investment philosophy emphasizes long-term objectives and risk management. The team includes experienced professionals with certifications such as Chartered Financial Analyst (CFA®), Chartered Financial Consultant (ChFC), and Chartered Life Underwriter (CLU). The firm's executive officers and management, including Nathan Lucius, Michael Binger, Jonathan VanOrden, Nicole Alexander, and Jeremy Michael Bryan, bring a wealth of experience in the financial services industry. They oversee various aspects of the firm's operations, compliance, portfolio management, and client services. Gradient Investments maintains a strong commitment to compliance, ethical conduct, and acting in the best interests of its clients.
$5,268,163,746 under management
39 advisors
Fee structure
A percentage of assets under your management
Fixed fees
Services offered
Portfolio Management For Individuals And/or Small Businesses
Portfolio Management For Businesses (other Than Small Businesses) Or Institutional Clients (other Than Registered Investment Companies And Other Pooled Investment Vehicles And)
Pension Consulting Services
U.s. Bancorp Investments, Inc.
U.S. Bancorp Investments, Inc. (USBI) offers financial planning services and other advisory services, operating as a registered investment adviser and broker-dealer. Established in 1974, USBI became SEC registered in 2007 and is a member of FINRA and SIPC. The firm provides financial planning services to help clients meet their investment goals and objectives, creating a fiduciary relationship where client interests are prioritized. Financial planning services are provided without a separate fee, but clients may incur charges for implementing the plan. USBI offers goal-based analysis, asset allocation strategies, and tools for retirement, education funding, and estate planning. The firm's investment strategies are based on client objectives and risk tolerance, with a focus on asset allocation and long-term purchases. USBI does not use performance-based fees and does not manage client assets on a discretionary basis. The firm's financial advisors are registered as broker-dealer and investment adviser representatives, tailoring services to individual client needs. USBI has disclosed disciplinary information related to mutual fund share class selection practices and options positions reporting. The firm's financial advisors are subject to a Code of Ethics and are prohibited from using material non-public information for personal trading. USBI does not provide ongoing advice or review of accounts for financial planning services. Clients may be referred to affiliates, and financial advisors may receive compensation for referrals and participation in incentive programs. The firm does not provide proxy voting services and has no financial condition impairments affecting client commitments.
$5,099,147,747 under management
1987 advisors
Fee structure
A percentage of assets under your management
12B-1,NETWORKING&SHAREHOLDER SERV,PRODUCT PARTNER ARRANGEMENTS
Services offered
Financial Planning Services
Portfolio Management For Individuals And/or Small Businesses
Portfolio Management For Businesses (other Than Small Businesses) Or Institutional Clients (other Than Registered Investment Companies And Other Pooled Investment Vehicles And)
Selection Of Other Advisers
Publication Of Periodicals Or Newsletters
Focus Financial
Focus Financial is a financial advisory firm based in Minneapolis, Minnesota. It currently has approximately $4,090,619,513 of assets under management and employs about 194 people. Focus Financial uses a fee structure of a percentage of assets under your management, hourly charges, fixed fees and percentage of assets under management with third party manager.
$4,090,619,513 under management
194 advisors
Fee structure
A percentage of assets under your management
Hourly charges
Fixed fees
PERCENTAGE OF ASSETS UNDER MANAGEMENT WITH THIRD PARTY MANAGER
Services offered
Financial Planning Services
Portfolio Management For Individuals And/or Small Businesses
Portfolio Management For Businesses (other Than Small Businesses) Or Institutional Clients (other Than Registered Investment Companies And Other Pooled Investment Vehicles And)
Pension Consulting Services
Selection Of Other Advisers
Northrock Partners, LLC
NorthRock Partners, LLC is an SEC registered investment adviser established in 2013, offering the NorthRock Partners Advisory Services Program as a wrap fee program. The firm provides investment advisory services, portfolio management, and financial planning tailored to clients' individual needs. Clients may receive services such as cash flow management, tax planning, estate administration, and retirement planning. The Program Fee ranges between 0.50% to 1.50% per annum based on assets under management. Clients may also incur additional fees related to pooled investment funds sponsored by NorthRock, potentially totaling up to 2.35% per annum. NorthRock may manage clients' investment portfolios on a discretionary or non-discretionary basis, allocating assets among various investment products. The firm evaluates and selects Independent Managers to manage client assets, monitoring their performance regularly. Clients have the option to invest in privately placed securities, REITs, mutual funds, ETFs, and other investment vehicles. NorthRock acts as a fiduciary, putting clients' interests first and maintaining a high standard of business conduct. The firm's Code of Ethics ensures compliance with securities laws and the prevention of conflicts of interest. Clients receive regular account reviews and reports, and the firm does not require prepayment exceeding $1,200 in fees. NorthRock compensates third parties for client referrals, with referral fees paid from the Program Fee. The firm's financial condition is stable, with no bankruptcy petitions involving owners or managers in the past ten years.
$3,956,232,863 under management
131 advisors
Fee structure
A percentage of assets under your management
Fixed fees
Services offered
Financial Planning Services
Portfolio Management For Individuals And/or Small Businesses
Portfolio Management For Businesses (other Than Small Businesses) Or Institutional Clients (other Than Registered Investment Companies And Other Pooled Investment Vehicles And)
Selection Of Other Advisers
Educational Seminars/workshops
Consulting
Transamerica Retirement Advisors, LLC
Transamerica Retirement Advisors, LLC, established in 1992, is a registered investment advisory firm specializing in Third-Party Money Management Services (TPMM) to help clients prepare for retirement. TPMM offers managed asset allocation services using model portfolios from Morningstar Investment Services, LLC. Clients have control over their investments and must agree to recommendations made by Transamerica's investment adviser representatives (IARs). The annual advisory fee for TPMM ranges from 0.75% to 1.30% based on account assets, with TRA typically receiving between 0.60% and 0.90% of the fee. Clients may incur additional fees for custodial services and ETF transaction charges through Schwab, the custodian for TPMM accounts. TRA's IARs may receive compensation and incentives for recommending advisory services, but TRA seeks to mitigate conflicts of interest by ensuring recommendations are in the client's best interest. TRA does not charge performance-based fees and does not have discretion over client accounts. Clients receive annual Advisory Review Reports and quarterly statements from Schwab. TRA does not have custody over TPMM funds, and Morningstar exercises discretion over client accounts. TRA does not vote on client securities and has a stable financial condition. No disciplinary events involving TRA or its personnel have occurred in the past ten years.
$3,663,659,470 under management
311 advisors
Fee structure
A percentage of assets under your management
Fixed fees
Services offered
Portfolio Management For Individuals And/or Small Businesses
Portfolio Management For Businesses (other Than Small Businesses) Or Institutional Clients (other Than Registered Investment Companies And Other Pooled Investment Vehicles And)
Pension Consulting Services
Educational Seminars/workshops
Commitment
We've gathered and simplified publicly available information about financial advisors across the U.S. to help you make informed decisions. While we don't directly connect you with these listed advisors, we do offer a simple, reliable service to match you with trusted, pre-vetted advisors registered on our platform — saving you time and effort.
Get matched with an advisorMethodology
To find the top financial advisors in Minnesota, we first identified all firms registered with the SEC in the area. Rather than ranking firms purely by size, we excluded firms that don’t offer financial planning or portfolio management services, ensuring the list is relevant to individuals. We then ranked the remaining firms by assets under management (AUM) and the services they provide.
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