City
Independent RIAs in Woodbury, Minnesota
As of October 2, 2026, 7 independent wealth management RIAs with their main office in Woodbury, Minnesota reported $3.1 billion in regulatory assets under management; the largest by assets was Pine Grove Financial Group, with $1.5 billion.
Include wirehouses and broker-dealer firms
- Independent wealth management RIAs
- 7
- Regulatory assets under management
- $3.1 billion
- Average per firm
- $439.1 million
- SEC-registered, of those listed
- 4 of 7 (57.1%)
Firms by assets
| # | Firm | Registration | RAUM | Accounts |
|---|---|---|---|---|
| 1 | Pine Grove Financial Group | SEC | $1.5 billion | 4,270 |
| 2 | Ballast Advisors, LLC | SEC | $674.5 million | 2,582 |
| 3 | Legacy Wealth | SEC | $546.0 million | 1,629 |
| 4 | Enspyre Wealth Advisors, Inc. | SEC | $217.7 million | 361 |
| 5 | Vip Financial Associates | State | $60.0 million | 462 |
| 6 | Hammer Advisory Services, Inc. | State | $56.8 million | 131 |
| 7 | Minder Narusiewicz, Inc. | State | $27.1 million | 54 |
Independent RIAs in Minnesota, including every city.
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.