Top RIA Firms in Minnesota (2026)

    34 SEC-registered investment advisory firms headquartered in Minnesota — a combined $2.2T in assets under management, led by Ameriprise Financial Services, LLC in Minneapolis. Ranked by regulatory AUM from SEC Form ADV filings, as of 2026-07-06.

    Ameriprise Financial Services, LLC
    Minneapolis
    AUM $660.5B · 2,424,045 accounts
    U.S. Bancorp Asset Management, Inc.
    Minneapolis
    AUM $427.5B · 2,340 accounts
    Garda Capital Partners
    Wayzata
    AUM $207.1B · 3 accounts
    Thrivent Financial for Lutherans
    Minneapolis
    AUM $128.7B · 34 accounts
    Wealth Enhancement Advisory Services, LLC
    Plymouth
    AUM $122.2B · 221,892 accounts
    Rbc Global Asset Management (U.S.) Inc.
    Minneapolis
    AUM $104.5B · 245 accounts
    Galliard Capital Management
    Minneapolis
    AUM $80.3B · 264 accounts
    Walleye Capital LLC
    Wayzata
    AUM $52.1B · 10 accounts
    Pine River Capital Management L.P.
    Minnetonka
    AUM $46.9B · 7 accounts
    Securian Asset Management, Inc.
    St Paul
    AUM $41.6B · 398 accounts
    Castlelake, L.P.
    Minneapolis
    AUM $35.3B · 50 accounts
    Advanced Capital Group
    Minneapolis
    AUM $30B · 366 accounts
    Winslow Capital Management LLC
    Minneapolis
    AUM $28.7B · 1,882 accounts
    U.S. Bancorp Investments, Inc.
    Saint Paul
    AUM $22.9B · 65,208 accounts
    Allianz Investment Management LLC
    Minneapolis
    AUM $19.1B · 83 accounts
    Whitebox Advisors LLC
    Minneapolis
    AUM $15.7B · 16 accounts
    Sit Fixed Income Advisors II, LLC
    Minneapolis
    AUM $15B · 158 accounts
    Cliftonlarsonallen Wealth Advisors, LLC
    Minneapolis
    AUM $14.4B · 23,169 accounts
    Devenir Investment Advisors, LLC
    Bloomington
    AUM $13B · 44 accounts
    Northrock Partners, LLC
    Minneapolis
    AUM $12.2B · 24,014 accounts
    Mairs & Power
    St. Paul
    AUM $12.1B · 1,725 accounts
    Fiduciary Counselling Inc
    St Paul
    AUM $10.1B · 1,761 accounts
    Intellicents Investment Solutions Inc
    Albert Lea
    AUM $9.9B · 8,280 accounts
    Gradient Investments, LLC
    Arden Hills
    AUM $8.2B · 77,311 accounts
    Hays Financial Group, LLC
    Minneapolis
    AUM $7.5B · 687 accounts
    Focus Financial
    Minneapolis
    AUM $6.8B · 27,510 accounts
    Disciplined Growth Investors Inc
    Minneapolis
    AUM $5.5B · 144 accounts
    Riverbridge
    Minneapolis
    AUM $5B · 3,656 accounts
    Clearwater Management Co., Inc.
    St Paul
    AUM $4.7B · 13 accounts
    Accredited Investors Wealth Management
    Edina
    AUM $4.4B · 5,077 accounts
    Northcrest Asset Management
    Plymouth
    AUM $4.3B · 3,355 accounts
    Peregrine Capital Management, LLC
    Minneapolis
    AUM $4.1B · 61 accounts
    Norwest Capital Advisors, LLC
    Minneapolis
    AUM $3.8B · 12 accounts
    Proterra Investment Partners LP
    Minneapolis
    AUM $3.7B · 28 accounts

    How many RIA firms are in this Minnesota directory?

    This directory covers the 34 largest SEC-registered investment advisory firms headquartered in Minnesota, ranked by regulatory assets under management from SEC Form ADV filings.

    What is the largest RIA firm in Minnesota?

    By regulatory assets under management, the largest firm in this Minnesota directory is Ameriprise Financial Services, LLC, headquartered in Minneapolis, with approximately $660.5B in AUM.

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