For investment firms and asset managers selling into the wealth channel, Minneapolis is not a secondary market. It is a primary target. The metro is home to more than 6,500 financial advisors across every major broker-dealer, private bank, and wirehouse in the market, according to Dakota Marketplace – similar to what we’ve seen in markets like New York City and Boston.
Dakota FAs tracks financial advisors across Minneapolis and every major metro in the country, with 9,000+ verified contacts across broker-dealers, banks, and select RIA hybrids. The advisors featured below were selected using the same data framework that powers the Dakota 500, Dakota's annual independent recognition of leading financial advisors across the United States.
In this article we’ll review ten of the most significant advisor teams in the Minneapolis area.
Top 10 Financial Advisors in Minneapolis
1. Graystone Consulting – Twin Cities
Managing $2 billion for nonprofit foundations, endowments, and associations across the upper Midwest, Graystone Consulting – Twin Cities is a five-person institutional consulting team within Morgan Stanley's Graystone business, based in St. Paul. The team focuses on Investment Policy Statement development, customized asset allocation, and ongoing portfolio oversight, with a secondary practice serving UHNW private clients.
2. Major Close Watkins Wealth Management Group UBS PWM Team
Managing $1.66 billion for high-net-worth clients, Major Close Watkins Wealth Management Group is a UBS Private Wealth Management team based in downtown Minneapolis. The team builds personalized investment strategies in close coordination with clients' tax and legal advisors to deliver integrated wealth planning across complex balance sheets.
3. Wheelock Investment Group RBC Team
Managing $1.8 billion out of St. Cloud, Minnesota, Wheelock Investment Group is an RBC Wealth Management team founded by Brad Wheelock, serving clients across the Minneapolis metro. The team brings diverse professional backgrounds to bear on the complexities of significant wealth, with a focus on tailored financial planning for high-net-worth individuals and families.
4. Big Water Group RBC Team
Managing $687 million out of Wayzata, Minnesota, Big Water Group is an RBC Wealth Management team serving clients across the Minneapolis metro area. The team delivers wealth management services through RBC's advisory platform.
5. Slaggie Capital Group Raymond James Team
Managing $1.08 billion out of Winona, Minnesota, The Slaggie Capital Group is a Raymond James team serving clients across the Minneapolis metro area. The group leverages Raymond James' full advisory and investment platform to deliver customized portfolio management.
Want to see every financial advisor in Minneapolis? Dakota FAs gives you instant access to 1,900+ San Francisco area advisors with verified contact details, AUM data, and investment preference indicators.
6. Strategic Wealth Group Registered Investment Advisor, LLC LPL Team
Managing $1.03 billion out of Eden Prairie, Minnesota, Strategic Wealth Group is an LPL-affiliated RIA that operates on a fiduciary basis for individuals, families, and retirement plan sponsors. Founded in 2016 and recently transitioned to ownership under Tyler Hirth's Running Wealth Management Group, the firm offers discretionary and non-discretionary asset management, ERISA retirement plan services, and access to third-party money managers.
7. Waznik Heike Group LPL Team
Managing $750 million for individuals and organizations across Minnesota and Wisconsin, Waznik Heike Group is an independent LPL-affiliated team based in Menomonie, Wisconsin, serving the Minneapolis metro market. The firm delivers financial planning, investment management, retirement planning, tax strategies, and insurance planning through LPL's advisory and custodial platform.
8. Eckerline Julius Wealth Management Group ML Team
Managing $2.14 billion out of Wayzata, Minnesota, Eckerline Julius Wealth Management Group is a Merrill Lynch team serving individuals, families, business owners, and charitable organizations across the Minneapolis metro. The team brings decades of technical experience to complex wealth planning, with an emphasis on long-term client relationships as the core of its practice.
9. Gibbons | Jones | Vogel Group ML PBIG Team
Managing $1.057 billion out of Wayzata, Minnesota, Gibbons | Jones | Vogel Group is a Merrill Private Banking and Investment Group (PBIG) team serving high-net-worth and ultra-high-net-worth clients across the Minneapolis metro area. The team operates within Merrill's most exclusive advisory tier, built for clients with significant and often multi-generational wealth.
10. Snow Pine Private Wealth Wells Fargo Team
Managing $1.7 billion out of Wayzata, Minnesota, Snow Pine Private Wealth is an eight-advisor team led by Managing Partner and CEO Derek Cherne, operating as an independent practice within Wells Fargo's FiNet platform. The team serves high-net-worth families, entrepreneurs, closely held businesses, foundations, and first-generation wealth builders with comprehensive planning across investments, estate, succession, and risk management.
Start Calling on the Right Advisors with Dakota FAs
Financial advisors are the largest, and most overlooked, allocator channel in the market. Dakota FAs gives fundraisers and investment sales teams a structured, metro-specific view into this massive audience so you can stop guessing and start booking meetings.
Here’s what you get:
- Organized by Metro Area: Every advisor and financial advisor team in your metro, grouped by location for instant targeting.
- Verified Contact Info: Accurate emails, phone numbers, and office details across broker-dealers, banks, and select RIA hybrids. No bouncing emails or outdated records.
- Investment Preferences and Indicators: Filter by asset class interest, AUM, channel, and advisor attributes to prioritize the right targets before you pick up the phone.
- Form ADV Data: Available for hybrid advisors where applicable, giving you added context on the teams you're approaching.
- LinkedIn Profiles: Fast context on individual advisors for warm, informed outreach.
- Home Office Coverage: Up-to-date research and verified contacts identifying key centers of influence and decision-makers driving platform and product approvals.
- Dakota Recommends: Curated, location-specific recommendations for coffee shops, restaurants, event spaces, and hotels when traveling to meet advisors in Minneapolis and beyond.
Dakota FAs is updated weekly, purpose-built for sellers, and priced for teams of any size: individual access starts at $999 per year with no contract required.
If you're ready to go beyond a top 10 and see the full advisor picture in Minneapolis and across the country, get access here.
