SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Northrock Partners, LLC
Minneapolis, MN
CRD 167908
Firm filing updated September 18, 2026 ·
- $12.2BAssets
- 4,811Clients
- 91Advisory staff
- 24,014Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Performance-based feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Individuals2,523
- High net worth individuals2,255
- Corporations or other businesses20
- Charities12
- Pooled vehicles1
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 2,523 | $1.1 billion |
| High net worth individuals | 2,255 | $10.9 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $74,913 |
| Charitable organizations | 12 | $67.0 million |
| Corporations or other businesses not listed above | 20 | $76.0 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
See all 7 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Educational seminars/workshops
- Other: "GENERAL CONSULTING SERVICES"
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Educational seminars/workshops
- Other: "GENERAL CONSULTING SERVICES"
Assets and accounts
- Regulatory assets$12.2 billion
- Accounts24,014
- Discretionary$11.5 billion · 22,997 accounts
- Non-discretionary$660.2 million · 1,017 accounts
People
- Employees233
- Advisory staff91
- Broker-dealer reps0
- Licensed insurance agents46
- Planning clients251 to 500
Advisors
74 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 167908, SEC file 801-78194.
- Registered with the SEC as an investment advisor (status date on record: June 13, 2013).
Is Northrock Partners, LLC a fiduciary?
Short answer: Northrock Partners, LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
46 staff are licensed insurance agents, the firm is itself an insurance broker or agent and the firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.