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AdvisorIQ

Ranking, Minnesota

Fastest-growing wealth firms over five years, including broker-dealer firms in Minnesota

As of October 2, 2026, Wealth Enhancement Advisory Services, LLC ranked #1 in Minnesota in AdvisorIQ's ranking of fastest-growing wealth firms over five years, including broker-dealer firms, with 38.2%, from a base of $24.3 billion.

Showing all wealth firms, including wirehouses and broker-dealer firms. Independent RIAs only

SEC-registered firms ranked by compound annual growth in RAUM over the five years between the SEC snapshots of October 4, 2021 and October 2, 2026, for firms with at least $100 million in RAUM at the start. The value is a fraction per year and base_value is the starting RAUM. Firms growing more than 100 percent a year are left out: on Form ADV that almost always reflects a merger, an acquisition or assets moved from an affiliated adviser rather than growth, and each firm's own page still shows the change. Independent wealth management RIAs are ranked: firms whose individual and high net worth clients hold at least half of their regulatory assets and that offer financial planning or portfolio management for individuals, leaving out broker-dealers, banks and their advisory arms. The all wealth firms view ranks the same way with those broker-dealer affiliated firms added. Asset managers, private fund managers, pension consultants and platform managers are never ranked (see the methodology). Only SEC-registered firms are ranked: the state-registered firm data is current only, with no earlier snapshots. Growth includes market movement, net new assets and acquisitions. State lists use each firm's main office state, or its registration state when the main office is not public. The US list leaves out firms whose main office is outside the United States. Equal values share a rank and are listed by CRD number.

Rank Firm City Growth Starting value
1 Wealth Enhancement Advisory Services, LLC Plymouth 38.2% $24.3 billion
2 Quarry Hill Advisors St. Paul 31.1% $102.0 million
3 Northrock Partners, LLC Minneapolis 30.1% $3.3 billion
4 Tradition Wealth Management LLC Edina 25.1% $848.4 million
5 Guardian Wealth Strategies, LLC Minneapols 25.1% $371.5 million
6 Boyum Wealth Architects LLC Bloomington 24.9% $185.7 million
7 Pack Private Wealth, LLC Wayzata 24.4% $109.5 million
8 Pine Grove Financial Group Woodbury 24.1% $507.2 million
9 Berger Financial Group Plymouth 23.1% $1.0 billion
10 Northland Asset Management Broker-dealer affiliated Minneapolis 22.3% $148.0 million
11 Cliftonlarsonallen Wealth Advisors, LLC Broker-dealer affiliated Minneapolis 21.6% $5.4 billion
12 Stiles Financial Services, Inc. Edina 21.6% $206.6 million
13 Kure Advisory, LLC Plymouth 20.9% $100.3 million
14 Flourish Wealth Management Inc. Edina 20.7% $177.4 million
15 Cordis Financial, LLC Minneapolis 20.7% $141.1 million
16 MD Financial Advisors / Vestment Financial Chanhassen 20.3% $121.0 million
17 Pitzl Financial Arden Hills 19.7% $203.1 million
18 Gradient Advisors, LLC Arden Hills 19.1% $120.6 million
19 Logan Park Wealth Management Minneapolis 18.6% $197.9 million
20 Mann Financial Group Detroit Lakes 18.0% $172.9 million
21 Echo Wealth Management, LLC Plymouth 17.1% $131.2 million
22 Abbey Street Eden Prairie 16.9% $171.7 million
23 The Oak Ridge Financial Services Group, Inc Broker-dealer affiliated Golden Valley 16.5% $311.1 million
24 Strategic Asset Management LLC. Rochester 16.2% $103.1 million
25 Secured Retirement Advisors, LLC St. Louis Park 15.9% $122.2 million
26 Vermillion Wealth Management Inc. Rosemount 15.4% $224.3 million
27 360 Financial Wayzata 15.2% $345.8 million
28 Phillip James Financial Co. Plymouth 15.0% $110.3 million
29 Keystone Wealth Advisors, Incorporated Eagan 15.0% $100.1 million
30 Valtinson Bruner Financial Planning New Brighton 14.7% $358.7 million
31 Strategic Wealth Group Broker-dealer affiliated Eden Prairie 14.5% $780.1 million
32 High Note Wealth, LLC Deephaven 14.5% $347.5 million
33 Midwest Financial Partners St. Cloud 14.2% $779.1 million
34 Thrivent Investment Management Inc. Broker-dealer affiliated Minneapolis 14.2% $10.7 billion
35 The Wealth Group - Austin B. Colby & Associates Eden Prairie 14.0% $370.0 million
36 Oakwood Capital, Inc. Broker-dealer affiliated St. Louis Park 13.8% $159.1 million
37 Excel Financial, LLC Red Wing 13.5% $214.7 million
38 Gradient Wealth Management Broker-dealer affiliated Arden Hills 13.3% $325.3 million
39 Strong Tower Advisory Services Minneapolis 13.2% $407.9 million
40 Everest Financial Group Minneapolis 13.2% $540.2 million
41 Silveroak Wealth Management LLC Edina 13.1% $1.1 billion
42 Cahill Financial Advisors, Inc. Edina 12.9% $967.2 million
43 Guardian Wealth Advisors, LLC St. Louis Park 12.3% $168.4 million
44 Modus Advisors, LLC Excelsior 12.2% $337.8 million
45 Thomas Leo Advisory, LLC Minneapolis 12.2% $108.6 million
46 Ameriprise Financial Services, LLC Broker-dealer affiliated Minneapolis 12.0% $374.3 billion
47 Summit Investment Advisory Services Roseville 11.9% $424.4 million
48 Michael Traxler Wealth Management, LLC New Prague 11.7% $111.8 million
49 Legacies Wealth LLC Minnetonka 11.6% $291.4 million
50 Laurel Wealth Planning Edina 11.6% $261.8 million
51 FFP Wealth Management, LLC Coon Rapids 11.5% $174.4 million
52 Allodium Investment Consultants, LLC Minneapolis 11.1% $340.1 million
53 Caissa Wealth Strategies Bloomington 11.1% $175.8 million
54 Birchwood Financial Partners, Inc. Bloomington 11.0% $506.9 million
55 Enspyre Wealth Advisors, Inc. Woodbury 10.9% $129.6 million
56 The Advocate Group, LLC Minnetonka 10.8% $484.5 million
57 Legacy Wealth Woodbury 10.8% $326.6 million
58 Rossjohnson & Associates, LLC Plymouth 10.8% $126.8 million
59 MJT & Associates Financial Advisory Group, Inc. Montevideo 10.7% $119.8 million
60 Capital Management Associates Inc Broker-dealer affiliated Minneapolis 10.6% $1.1 billion
61 Accredited Investors Wealth Management Edina 10.5% $2.7 billion
62 Schwarz Dygos Wheeler Investment Advisors LLC Minneapolis 10.5% $443.0 million
63 Jnba Financial Advisors, LLC Bloomington 10.5% $1.2 billion
64 Isc Financial Advisors Albert Lea 10.5% $943.3 million
65 Focus Financial Minneapolis 10.4% $4.2 billion
66 Cornerstone Wealth Advisors, Inc. Edina 10.3% $373.1 million
67 Stonebridge Capital Advisors LLC St. Paul 10.3% $1.5 billion
68 Excelsior Investors Excelsior 10.1% $149.8 million
69 Cherry Tree Wealth Management, LLC Minnetonka 9.9% $421.0 million
70 Northland Capital Management Virginia 9.7% $147.9 million
71 Highmark Wealth Management LLC St. Paul 9.3% $392.0 million
72 Affiance Financial LLC St. Louis Park 9.1% $888.7 million
73 Jones Kertz & Associates, Inc. Blaine 8.6% $158.4 million
74 Boulay Wealth Eden Prairie 8.5% $2.0 billion
75 Ballast Advisors, LLC Woodbury 8.4% $450.2 million
76 Marks Group Wealth Management, Inc. Minnetonka 8.3% $1.4 billion
77 Bond & Devick Wealth Partners St. Louis Park 8.2% $474.9 million
78 Bright Angel Advisors LLC St. Paul 8.1% $151.6 million
79 Compass Capital Management Inc Minneapolis 8.1% $1.7 billion
80 Murphy Pohlad Asset Management LLC Eden Prairie 7.8% $439.1 million
81 MHS Advisory Services, LLC Maple Grove 7.1% $179.5 million
82 Access Financial Services, Inc. Minneapolis 7.0% $311.6 million
83 Efs Advisors Broker-dealer affiliated Cambridge 6.9% $1.7 billion
84 Financial Perspectives Minneapolis 6.8% $838.2 million
85 Trademark Financial Management, LLC Bloomington 6.6% $213.0 million
86 Paradigm, Strategies in Wealth Management, LLC Maple Grove 6.5% $228.7 million
87 Webb Financial Group Bloomington 6.5% $290.2 million
88 Navpoint Financial, Inc. Prior Lake 6.1% $558.2 million
89 White Oaks Wealth Advisors, Inc. Minneapolis 6.1% $460.3 million
90 GS Investment Inc Eagan 6.1% $143.2 million
91 Legacy Financial Advisors Corporation Bloomington 5.9% $238.0 million
92 BGM Wealth Management Bloomington 5.8% $390.0 million
93 Nicollet Investment Management, Inc. Minneapolis 5.6% $424.6 million
94 Thrivent Advisor Network, LLC Broker-dealer affiliated Minneapolis 5.2% $5.3 billion
95 Punch & Associates Investment Management, Inc. Edina 4.8% $1.6 billion
96 Usadvisors Wealth Management, LLC Eden Prairie 4.8% $382.2 million
97 Dougherty & Associates Financial Advisors, Inc. Buffalo 4.6% $305.1 million
98 Palisade Asset Management, LLC Minneapolis 4.6% $1.0 billion
99 Quantitative Asset Management, LLC Broker-dealer affiliated Minnetonka 4.5% $150.3 million
100 Lfa St. Cloud 4.5% $282.5 million

Showing the top 100. Figures are as firms reported them on Form ADV.

More rankings

Fastest growing, 5 years by state

Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.