# Newest independent RIAs in Minnesota

As of October 2, 2026, Advisory Solutions Group ranked #1 in Minnesota in AdvisorIQ's ranking of newest independent RIAs, with $408.4 million.

As of: 2026-10-02
Address: https://advisoriq.com/ria/rankings/newest/minnesota/

## Facts

- ranking: Newest independent RIAs
- how_it_is_computed: Firms whose current registration took effect in the 12 months before October 2, 2026, ranked by RAUM (firms with no RAUM rank last). The registration date is the SEC status effective date for SEC-registered firms, so a firm that moved from state to SEC registration counts as new to the SEC, and the earliest approved state registration for state-registered firms. 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.
- unit: usd
- scope: Minnesota
- firms_listed: 32
- rows: rank: 1, crd: 339919, firm: Advisory Solutions Group, city: Plymouth, state: MN, value: 408369935, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/339919/; rank: 2, crd: 341142, firm: Vera Lake Capital, LLC, city: Edina, state: MN, value: 180355372, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/341142/; rank: 3, crd: 146626, firm: North Compass Financial Advisors, LLC, city: Grand Rapids, state: MN, value: 145961708, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/146626/; rank: 4, crd: 154974, firm: Twin Cities Retirement Group, city: Plymouth, state: MN, value: 144901181, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/154974/; rank: 5, crd: 131425, firm: Financial Empowerment LLC, city: Burnsville, state: MN, value: 126374281, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/131425/; rank: 6, crd: 300506, firm: Uak Diversified Wealth Advisors, city: Mahtomedi, state: MN, value: 122658621, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/300506/; rank: 7, crd: 177521, firm: Future Bright, city: Maple Grove, state: MN, value: 120620275, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/177521/; rank: 8, crd: 133181, firm: Colleen Weber CPA, LLC, city: Chanhassen, state: MN, value: 120611435, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/133181/; rank: 9, crd: 290962, firm: Trott Brook Financial, city: Anoka, state: MN, value: 120465881, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/290962/; rank: 10, crd: 106604, firm: Abens Financial Services Inc, city: Edina, state: MN, value: 120118491, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/106604/; rank: 11, crd: 164423, firm: Boulevard, city: Bloomington, state: MN, value: 119494387, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/164423/; rank: 12, crd: 281792, firm: One Life Financial Group, Inc., city: White Bear Lake, state: MN, value: 117982819, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/281792/; rank: 13, crd: 148326, firm: Superior Financial, LLC, city: Rochester, state: MN, value: 112181935, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/148326/; rank: 14, crd: 152998, firm: Underdog Wealth Management, LLC, city: Maple Grove, state: MN, value: 111880222, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/152998/; rank: 15, crd: 335353, firm: Ascent Advisors, city: Mankato, state: MN, value: 110775600, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/335353/; rank: 16, crd: 340388, firm: Swan Wealth Management LLC, city: Edina, state: MN, value: 49396617, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/340388/; rank: 17, crd: 314801, firm: Grounded Wealth, city: Plymouth, state: MN, value: 31373241, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/314801/; rank: 18, crd: 338755, firm: Illumifi Wealth, city: Blaine, state: MN, value: 8452654, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/338755/; rank: 19, crd: 341900, firm: Twin Arbor Wealth Management LLC, city: St. Paul, state: MN, value: 6283709, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/341900/; rank: 20, crd: 340539, firm: Foundry Wealth Group, city: Minneapolis, state: MN, value: 1250000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/340539/; rank: 21, crd: 339477, firm: Remloe Capital LLC, city: Eden Prairie, state: MN, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/339477/; rank: 21, crd: 339844, firm: Luminous Money, city: Minneapolis, state: MN, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/339844/; rank: 21, crd: 341096, firm: First Class Financial, city: Golden Valley, state: MN, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/341096/; rank: 21, crd: 341249, firm: Your Path Wealth Management, city: Bloomington, state: MN, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/341249/; rank: 21, crd: 341782, firm: CMT Financial, city: East Bethel, state: MN, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/341782/; rank: 21, crd: 341865, firm: Mako Wealth Group, city: Rochester, state: MN, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/341865/; rank: 21, crd: 342866, firm: Bluenose Wealth LLC, city: South Minneapolis, state: MN, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/342866/; rank: 21, crd: 343180, firm: Vessel Wealth Partners, city: Mendota Heights, state: MN, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/343180/; rank: 21, crd: 343731, firm: Fathom Advisors LLC, city: Minneapolis, state: MN, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/343731/; rank: 21, crd: 343761, firm: Boria Wealth Management, Ltd, city: Wayzata, state: MN, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/343761/; rank: 21, crd: 344016, firm: Lodestone Fiduciary LLC, city: Minnetonka, state: MN, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/344016/; rank: 21, crd: 344170, firm: Linnhavn Wealth Advisors LLC, city: Inver Grove Heights, state: MN, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/344170/

## Notes

- Firms marked as successors reported on Form ADV Item 4 that they succeeded to another adviser's business; their growth is shown as reported.
- Each ranking lists at most the top 100 firms.

## Sources

- SEC, Information About Registered Investment Advisers (ia100226.zip), checked 2026-10-07: https://www.sec.gov/files/investment/data/other/information-about-registered-investment-advisers-exempt-reporting-advisers/ia100226.zip
- IAPD compilation reports (IA_FIRM_STATE_Feed_10_07_2026.xml.gz), checked 2026-10-07: https://adviserinfo.sec.gov/compilation

## Related

- [Newest independent RIAs, nationally](https://advisoriq.com/ria/rankings/newest/)
- [RIA market data for Minnesota](https://advisoriq.com/ria/states/minnesota/)
- [All RIA rankings](https://advisoriq.com/ria/rankings/)
- [How the directory is built](https://advisoriq.com/ria/methodology/)

## Cite as

AdvisorIQ, as of 2026-10-02. https://advisoriq.com/ria/rankings/newest/minnesota/

License: https://advisoriq.com/license/