IAR CE deadline: December 31. 84 days left in adopting states. Check what you owe

For asset managers
AdvisorIQ

Ranking, Minnesota

Wealth firms with the most high net worth clients, including broker-dealer firms in Minnesota

As of October 2, 2026, Ameriprise Financial Services, LLC ranked #1 in Minnesota in AdvisorIQ's ranking of wealth firms with the most high net worth clients, including broker-dealer firms, with 183,925.

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

Firms ranked by number of high net worth individual clients (Form ADV Item 5.D(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 high net worth clients
1 Ameriprise Financial Services, LLC Broker-dealer affiliated Minneapolis 183,925
2 Wealth Enhancement Advisory Services, LLC Plymouth 27,424
3 Thrivent Investment Management Inc. Broker-dealer affiliated Minneapolis 17,692
4 Riverbridge Minneapolis 3,482
5 Cliftonlarsonallen Wealth Advisors, LLC Broker-dealer affiliated Minneapolis 2,348
6 Northrock Partners, LLC Minneapolis 2,255
7 Focus Financial Minneapolis 1,697
8 Thrivent Advisor Network, LLC Broker-dealer affiliated Minneapolis 1,481
9 Strategic Wealth Group Broker-dealer affiliated Eden Prairie 1,177
10 Advisornet Wealth Partners Minnetonka 923
11 Cedar Cove Wealth Partners Bloomington 881
12 Berger Financial Group Plymouth 813
13 Accredited Investors Wealth Management Edina 709
14 Fiduciary Counselling Inc St. Paul 643
15 Boulay Wealth Eden Prairie 630
16 Tradition Wealth Management LLC Edina 579
17 Cahill Financial Advisors, Inc. Edina 541
18 Stonebridge Capital Advisors LLC St. Paul 538
19 Jnba Financial Advisors, LLC Bloomington 514
20 Pine Grove Financial Group Woodbury 506
21 Northland Asset Management Broker-dealer affiliated Minneapolis 484
22 Birchwood Financial Partners, Inc. Bloomington 440
23 U.S. Bancorp Advisors, LLC Broker-dealer affiliated St. Paul 436
24 360 Financial Wayzata 421
25 Marks Group Wealth Management, Inc. Minnetonka 408
26 Great Waters Financial Shoreview 383
27 Guardian Wealth Strategies, LLC Minneapols 376
28 Affiance Financial LLC St. Louis Park 358
29 Everest Financial Group Minneapolis 350
30 Bluestem Wealth Partners, LLC Minnetonka 345
31 Punch & Associates Investment Management, Inc. Edina 333
32 Bond & Devick Wealth Partners St. Louis Park 330
33 Silveroak Wealth Management LLC Edina 328
33 Vantage Point Wealth Management Plymouth 328
35 Midwest Financial Partners St. Cloud 326
36 Summit Investment Advisory Services Roseville 320
37 Capital Management Associates Inc Broker-dealer affiliated Minneapolis 317
38 Financial Perspectives Minneapolis 309
39 Isc Financial Advisors Albert Lea 307
40 Compass Capital Management Inc Minneapolis 278
41 The Wealth Group - Austin B. Colby & Associates Eden Prairie 277
42 The Advocate Group, LLC Minnetonka 222
43 Schwarz Dygos Wheeler Investment Advisors LLC Minneapolis 220
44 MD Financial Advisors / Vestment Financial Chanhassen 198
45 Navista Wealth Management, Inc. Minnetonka 196
46 Lifelong Wealth Advisors, Inc. Arden Hills 195
47 Van Clemens Wealth Management, LLC Broker-dealer affiliated Minneapolis 192
48 Navpoint Financial, Inc. Prior Lake 188
48 All Star Financial Minneapolis 188
50 Valtinson Bruner Financial Planning New Brighton 185
51 High Note Wealth, LLC Deephaven 184
52 Pitzl Financial Arden Hills 183
53 Oakwood Capital, Inc. Broker-dealer affiliated St. Louis Park 181
54 Ais Planning St. Cloud 176
55 Cornerstone Wealth Advisors, Inc. Edina 173
56 Nicollet Investment Management, Inc. Minneapolis 171
56 Highmark Wealth Management LLC St. Paul 171
56 White Oaks Wealth Advisors, Inc. Minneapolis 171
59 Tealwood Asset Management Minneapolis 169
59 Ballast Advisors, LLC Woodbury 169
61 Modus Advisors, LLC Excelsior 162
61 Parr McKnight Wealth Management Group Minneapolis 162
63 Gradient Wealth Management Broker-dealer affiliated Arden Hills 160
64 CFG Retirement Edina 159
65 The Oak Ridge Financial Services Group, Inc Broker-dealer affiliated Golden Valley 158
66 Stevens Foster Financial Advisors Bloomington 151
67 Cedrus Wealth Group Andover 150
68 Flourish Wealth Management Inc. Edina 148
69 Legacy Wealth Woodbury 146
70 Access Financial Services, Inc. Minneapolis 142
71 Boyum Wealth Architects LLC Bloomington 141
71 Greater Midwest Financial Group, LLC St. Paul 141
73 BGM Wealth Management Bloomington 137
74 Acumen Financial Advisors, LLC Edina 134
75 Quarry Hill Advisors St. Paul 132
76 Laurel Wealth Planning Edina 129
76 Fiat Wealth Management Wayzata 129
78 Strong Tower Advisory Services Minneapolis 124
79 Allodium Investment Consultants, LLC Minneapolis 122
80 Rossi Dubuque Breckenridge, LLC Plymouth 116
80 Marquette Wealth Management Minnetonka 116
82 Gen Financial Management Inc. Plymouth 113
83 Redhawk Wealth Advisors, Inc. Minneapolis 112
84 Advisory Solutions Group Plymouth 106
85 Logan Park Wealth Management Minneapolis 105
85 Retire Agile Hermantown 105
87 Stiles Financial Services, Inc. Edina 104
87 Palisade Asset Management, LLC Minneapolis 104
89 Cordis Financial, LLC Minneapolis 102
89 Freedom Financial Partners LLC Oakdale 102
91 Legacy Financial Advisors Corporation Bloomington 99
92 All Terrain Financial Advisors Coon Rapids 98
92 FFP Wealth Management, LLC Coon Rapids 98
94 Mann Financial Group Detroit Lakes 97
95 Nepsis, Inc. Minneapolis 96
96 Caissa Wealth Strategies Bloomington 95
96 Bearing Point Capital Richfield 95
98 Paradigm, Strategies in Wealth Management, LLC Maple Grove 93
98 Elevation Wealth Management Eden Prairie 93
98 Fortress Financial Group, LLC Rochester 93

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

More rankings

Most high net worth clients 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.