Rialytix insights

Top RIA Firms in Minnesota

Explore the top 25 Registered investment advisers, single family offices, multi-family offices and private wealth management firms headquartered in Minnesota. This hub covers 267 matching firms with $2.5T in total reported AUM and median AUM of $575.4M.

Firms

267

Matching current profiles

Total AUM

$2.5T

Reported regulatory AUM

Median AUM

$575.4M

Across firms with AUM

Largest firm

$660.5B

Ameriprise Financial Services, LLC

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Top RIAs discovered by AUM

Compare RIAs using AUM growth, employee and account signals

FirmLocationCurrent AUM1YR AUM3YR AUM5YR AUMTotal AUMEmployee SignalAccount Signal
1. Ameriprise Financial Services, LLC
CRD 6363 · Limited Liability Company
MINNEAPOLIS, MN$660.5B
Apr 2026
+$95.9B+17.0%+$246.1B+59.4%+$286.2B+76.5%+$563.0B+577.3%-131 employees-0.9% over 3Y+470,461 accounts+24.1% over 3Y
2. U.s. Bancorp Asset Management, INC.
CRD 111912 · Corporation
MINNEAPOLIS, MN$427.5B
Mar 2026
+$251.4B+142.8%+$234.7B+121.8%+$334.9B+361.6%+$376.9B+744.4%+208 employees+182.5% over 3Y+2,262 accounts+2900.0% over 3Y
3. Garda Capital Partners
CRD 282439 · Limited Partnership
WAYZATA, MN$207.1B
Mar 2026
+$100.5B+94.2%+$101.4B+96.0%+$110.1B+113.5%+49 employees+28.0% over 3Y0 accounts+0.0% over 3Y
4. Thrivent Financial For Lutherans
CRD 115785 ·
MINNEAPOLIS, MN$128.7B
Mar 2026
-$12.4B-8.8%+$11.2B+9.5%+$19.4B+17.8%+$58.0B+82.1%+280 employees+7.1% over 3Y-33 accounts-49.3% over 3Y
5. Wealth Enhancement Advisory Services, LLC
CRD 116407 · Limited Liability Company
PLYMOUTH, MN$122.2B
Apr 2026
+$27.6B+29.1%+$65.8B+116.7%+$97.9B+403.6%+$120.7B+8287.4%+1,291 employees+315.6% over 5Y+93,842 accounts+73.3% over 3Y
6. Rbc Global Asset Management (u.s.) INC.
CRD 107173 · Corporation
MINNEAPOLIS, MN$104.5B
May 2026
+$28.0B+36.6%+$66.5B+174.8%+$48.0B+85.1%+$65.7B+169.6%+7 employees+3.4% over 3Y+43 accounts+21.3% over 3Y
7. Galliard Capital Management
CRD 106487 · Limited Liability Company
MINNEAPOLIS, MN$80.3B
Mar 2026
-$5.2B-6.1%-$11.7B-12.7%-$10.4B-11.5%+$2.7B+3.5%+10 employees+12.7% over 3Y-18 accounts-6.4% over 3Y
8. Walleye Capital LLC
CRD 161413 · Limited Liability Company
WAYZATA, MN$52.1B
Apr 2026
+$4.8B+10.2%+$40.3B+339.8%+$48.3B+1261.8%+$51.8B+16559.3%+156 employees+69.6% over 3Y+5 accounts+100.0% over 3Y
9. Thrivent Asset Management, LLC
CRD 137751 · Limited Liability Company
MINNEAPOLIS, MN$48.0B
Mar 2026
+$1.2B+2.5%+$22.6B+88.8%+$23.8B+98.0%+$33.8B+239.3%-24 employees-5.3% over 3Y-2 accounts-6.1% over 3Y
10. Pine River Capital Management L.p.
CRD 133720 · Limited Partnership
MINNETONKA, MN$46.9B
Mar 2026
+$22.8B+94.9%+$43.3B+1197.4%+$44.3B+1700.3%+$2.1B+4.8%+2 employees+6.9% over 3Y-13 accounts-65.0% over 3Y
11. Securian Asset Management, INC.
CRD 109905 · Corporation
ST PAUL, MN$41.6B
Mar 2026
-$2.3B-5.1%+$495.3M+1.2%-$9.9B-19.2%+$17.9B+75.9%-19 employees-21.3% over 3Y+41 accounts+11.5% over 3Y
12. Castlelake, L.p.
CRD 145165 · Limited Partnership
MINNEAPOLIS, MN$35.3B
Mar 2026
+$6.5B+22.6%+$11.4B+48.0%+$15.6B+78.9%+$33.1B+1506.7%+40 employees+19.0% over 3Y+17 accounts+51.5% over 3Y
13. Advanced Capital Group
CRD 109673 · Corporation
MINNEAPOLIS, MN$30.0B
Mar 2026
+$4.1B+15.8%+$213.6M+0.7%+$6.5B+27.9%+$25.3B+533.8%-6 employees-21.4% over 3Y+45 accounts+14.0% over 3Y
14. Winslow Capital Management LLC
CRD 106940 · Limited Liability Company
MINNEAPOLIS, MN$28.7B
Mar 2026
+$1.5B+5.5%+$2.8B+10.7%+$5.3B+22.6%+$2.1B+7.7%-1 employees-2.6% over 3Y+711 accounts+60.7% over 3Y
15. U.s. Bancorp Investments, INC.
CRD 17868 · Corporation
SAINT PAUL, MN$22.9B
Mar 2026
+$3.6B+18.9%+$9.5B+71.3%+$10.1B+78.6%+$21.8B+2000.4%+161 employees+8.1% over 3Y+7,814 accounts+13.6% over 3Y
16. Thrivent Private Investments
CRD 338378 · Limited Liability Company
MINNEAPOLIS, MN$22.8B
Mar 2026
-64 employees-49.2% over Total
17. Thrivent Investment Management INC.
CRD 18387 · Corporation
MINNEAPOLIS, MN$20.8B
Apr 2026
+$3.3B+18.7%+$8.3B+66.3%+$10.1B+94.3%+$16.0B+334.7%+353 employees+9.9% over 3Y+13,513 accounts+33.0% over 3Y
18. Allianz Investment Management LLC
CRD 111925 · Limited Liability Company
MINNEAPOLIS, MN$19.1B
Mar 2026
+$952.0M+5.2%-$5.3B-21.7%-$2.1B-9.8%+$3.7B+23.9%-9 employees-15.3% over 3Y+30 accounts+56.6% over 3Y
19. Ab Carval Investors, LP
CRD 141819 · Limited Partnership
MINNEAPOLIS, MN$18.4B
Mar 2026
+$1.7B+10.0%-$89.1M-0.5%+$713.8M+4.0%+$4.2B+29.6%-22 employees-11.5% over 3Y+8 accounts+13.1% over 3Y
20. Whitebox Advisors LLC
CRD 121995 · Limited Liability Company
MINNEAPOLIS, MN$15.7B
Mar 2026
+$6.2B+64.5%+$5.1B+48.1%+$6.9B+77.8%+$13.0B+477.1%+4 employees+6.3% over 3Y-9 accounts-36.0% over 3Y
21. Sit Fixed Income Advisors II, LLC
CRD 108271 · Limited Liability Company
MINNEAPOLIS, MN$15.0B
Mar 2026
+$2.1B+16.0%+$2.0B+15.4%+$4.9B+48.2%+$9.2B+157.3%+3 employees+4.3% over 3Y-6 accounts-3.7% over 3Y
22. Cliftonlarsonallen Wealth Advisors, LLC
CRD 38357 · Limited Liability Company
MINNEAPOLIS, MN$14.4B
Mar 2026
+$2.1B+17.0%+$7.7B+113.6%+$9.0B+165.8%+$13.1B+966.7%+4 employees+2.6% over 3Y+4,504 accounts+24.1% over 3Y
23. Devenir Investment Advisors, LLC
CRD 132824 · Limited Liability Company
BLOOMINGTON, MN$13.0B
Mar 2026
+$2.1B+19.0%+$2.2B+20.3%+$7.4B+132.0%+$12.7B+4159.9%+1 employees+10.0% over 3Y-7 accounts-13.7% over 3Y
24. Northrock Partners, LLC
CRD 167908 · Limited Liability Company
MINNEAPOLIS, MN$12.2B
Mar 2026
+$5.6B+84.7%+$8.0B+190.7%+$8.9B+273.1%+102 employees+77.9% over 3Y+14,741 accounts+159.0% over 3Y
25. Mairs & Power
CRD 110351 · Corporation
ST. PAUL, MN$12.1B
Apr 2026
+$167.1M+1.4%+$2.4B+25.0%+$1.8B+16.8%+$7.9B+184.1%+16 employees+36.4% over 3Y+149 accounts+9.5% over 3Y

Methodology

Top firms are ranked by their current AUM values. Growth $ and % values compare current reported AUM, employee count, and account counts against the latest historical filing on or before the 1 year, 3 year, and 5 year lookback dates, plus the earliest available historical filing for total growth. Metrics may show a dash where historical filings are unavailable or not reliable enough for the lookback period. This is not investment advice.