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AdvisorIQ

Ranking, Minnesota

Independent RIAs with the most advisory staff in Minnesota

As of October 2, 2026, Wealth Enhancement Advisory Services, LLC ranked #1 in Minnesota in AdvisorIQ's ranking of independent RIAs with the most advisory staff, with 850.

Include wirehouses and broker-dealer firms

Firms ranked by employees who perform investment advisory functions, including research (Form ADV Item 5.B(1)), in the data of October 2, 2026. SEC-registered and state-registered firms are both ranked. 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). 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 Most advisory staff
1 Wealth Enhancement Advisory Services, LLC Plymouth 850
2 Gradient Advisors, LLC Arden Hills 166
3 Focus Financial Minneapolis 114
4 Northrock Partners, LLC Minneapolis 91
5 Advisornet Wealth Partners Minnetonka 68
6 Berger Financial Group Plymouth 57
7 Redhawk Wealth Advisors, Inc. Minneapolis 47
8 Advisory Solutions Group Plymouth 33
9 Jnba Financial Advisors, LLC Bloomington 31
9 Boulay Wealth Eden Prairie 31
11 Tradition Wealth Management LLC Edina 30
12 Riverbridge Minneapolis 23
12 Great Waters Financial Shoreview 23
14 Fiduciary Counselling Inc St. Paul 18
14 Punch & Associates Investment Management, Inc. Edina 18
14 Nepsis, Inc. Minneapolis 18
14 Bluestem Wealth Partners, LLC Minnetonka 18
18 Financial Perspectives Minneapolis 14
18 Vantage Point Wealth Management Plymouth 14
18 Pine Grove Financial Group Woodbury 14
21 Stonebridge Capital Advisors LLC St. Paul 13
21 Fiat Wealth Management Wayzata 13
23 Cahill Financial Advisors, Inc. Edina 12
23 Everest Financial Group Minneapolis 12
23 Usadvisors Wealth Management, LLC Eden Prairie 12
26 Affiance Financial LLC St. Louis Park 11
26 The Advocate Group, LLC Minnetonka 11
26 MD Financial Advisors / Vestment Financial Chanhassen 11
29 Compass Capital Management Inc Minneapolis 10
29 Isc Financial Advisors Albert Lea 10
29 360 Financial Wayzata 10
29 Birchwood Financial Partners, Inc. Bloomington 10
29 Strategic Asset Management LLC. Rochester 10
29 The Wealth Group - Austin B. Colby & Associates Eden Prairie 10
29 Parr McKnight Wealth Management Group Minneapolis 10
29 Cedar Cove Wealth Partners Bloomington 10
37 Marks Group Wealth Management, Inc. Minnetonka 9
37 Ais Planning St. Cloud 9
37 Cherry Tree Wealth Management, LLC Minnetonka 9
37 Boyum Wealth Architects LLC Bloomington 9
37 Dougherty & Associates Financial Advisors, Inc. Buffalo 9
37 Midwest Financial Partners St. Cloud 9
37 Fathom Advisors LLC Minneapolis 9
44 Murphy Pohlad Asset Management LLC Eden Prairie 8
44 Silveroak Wealth Management LLC Edina 8
44 Stiles Financial Services, Inc. Edina 8
44 Cornerstone Wealth Advisors, Inc. Edina 8
44 Summit Investment Advisory Services Roseville 8
44 Petros Family Wealth, LLC Bloomington 8
44 Lifelong Wealth Advisors, Inc. Arden Hills 8
44 Ascent Advisors Mankato 8
52 Navpoint Financial, Inc. Prior Lake 7
52 Lfa St. Cloud 7
52 Schwarz Dygos Wheeler Investment Advisors LLC Minneapolis 7
52 MHS Advisory Services, LLC Maple Grove 7
52 Valtinson Bruner Financial Planning New Brighton 7
52 Abbey Street Eden Prairie 7
52 Fortress Financial Group, LLC Rochester 7
52 Tailwinds Wealth, LLC Vadnais Heights 7
52 DSG Capital Advisors, LLC Edina 7
61 Nicollet Investment Management, Inc. Minneapolis 6
61 Laurel Wealth Planning Edina 6
61 Caissa Wealth Strategies Bloomington 6
61 Epiq Partners, LLC Minneapolis 6
61 Star Capital Inc. Edina 6
61 Bond & Devick Wealth Partners St. Louis Park 6
61 Ballast Advisors, LLC Woodbury 6
61 Element Squared Private Wealth Minneapolis 6
61 Kure Advisory, LLC Plymouth 6
70 BGM Wealth Management Bloomington 5
70 Stevens Foster Financial Advisors Bloomington 5
70 Palisade Asset Management, LLC Minneapolis 5
70 Excel Financial, LLC Red Wing 5
70 Guardian Wealth Strategies, LLC Minneapols 5
70 Flourish Wealth Management Inc. Edina 5
70 Modus Advisors, LLC Excelsior 5
70 Cordis Financial, LLC Minneapolis 5
70 Scarecrow Advisors, LLC Savage 5
70 Retire Agile Hermantown 5
70 Christensen Group Financial, LLC Eden Prairie 5
70 All Star Financial Minneapolis 5
70 E-Wealth Partners Minnetonka 5
70 Freedom Financial Partners LLC Oakdale 5
70 Iwealth Waseca 5
70 Fpnavigators Maple Grove 5
86 Jones Kertz & Associates, Inc. Blaine 4
86 Tealwood Asset Management Minneapolis 4
86 Accredited Investors Wealth Management Edina 4
86 Webb Financial Group Bloomington 4
86 White Pine Capital LLC Bloomington 4
86 Dunnavan & Co. Minneapolis 4
86 Ulland Investment Advisors, LLC Minneapolis 4
86 Access Financial Services, Inc. Minneapolis 4
86 Allodium Investment Consultants, LLC Minneapolis 4
86 Guzek Asset Management Bloomington 4
86 Guardian Wealth Advisors, LLC St. Louis Park 4
86 Secured Retirement Advisors, LLC St. Louis Park 4
86 Boulevard Bloomington 4
86 Highmark Wealth Management LLC St. Paul 4
86 Pitzl Financial Arden Hills 4
86 CFG Retirement Edina 4
86 Vermillion Wealth Management Inc. Rosemount 4
86 Marquette Wealth Management Minnetonka 4
86 Michael Traxler Wealth Management, LLC New Prague 4
86 Bane O'Leary LLC Bloomington 4
86 All Terrain Financial Advisors Coon Rapids 4
86 Paladin Capital Arden Hills 4
86 Quarry Hill Advisors St. Paul 4
86 Logan Park Wealth Management Minneapolis 4
86 FFP Wealth Management, LLC Coon Rapids 4
86 High Note Wealth, LLC Deephaven 4
86 Legacy Wealth Woodbury 4
86 Winter & Associates, Inc. St. Paul 4
86 Pivotal Wealth and Tax Preston 4
86 Bearing Point Capital Richfield 4
86 Cedrus Wealth Group Andover 4

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

More rankings

Most advisory staff 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.