ADVISORNET WEALTH PARTNERS

RIASEC RegisteredEst. 2012
Total AUM
$3.1B
Discretionary
$3.1B
100% of AUM
Avg account
$339K
Accounts
9,293
Employees
131
Advisory reps
62

Firm details

Headquarters
MINNETONKA, Minnesota
CRD number
113074
Registered since
August 29, 2012
Custodians
CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types
  • HNWI71.91%
  • Individuals27.55%
  • Charitable Organizations0.36%
  • Corporations / Businesses0.18%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Advisornet Wealth Partners is an independent, SEC-registered RIA that acts as a capital allocator for both individuals/families and institutions. The firm offers fee arrangements based on a percentage of AUM as well as hourly and fixed-fee engagements, and it maintains related broker-dealer and insurance broker activities. Its advisory services include financial planning, portfolio management for individuals and small businesses, selection of third‑party advisers, pension consulting, and educational seminars. Advisornet is affiliated with accountants, law firms, insurance companies, and real estate brokers. The firm was recognized in the Financial Times’ Top 300 RIA Firms list in 2020.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 75%, Exchange Traded Equities 19%, Cash & Cash Equivalents 4%, US Government Bonds 1%, State & Local Bonds 1%75%
  • Public Funds/Mutual Funds75%
  • Exchange Traded Equities19%
  • Cash & Cash Equivalents4%
  • US Government Bonds1%
  • State & Local Bonds1%

Owners & executives

3 of 4
  • JENNIFER HAAS

    President, Chief Operating OfficerCRD 4482601

  • JAMES KOMOSZEWSKI

    President and CEOCRD 2833256

  • DAVID WEINBACH

    President, CEOCRD 2345048

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Contacts

3 of 58
  • SHAWN LARSON

    Partner, Financial AdvisorCRD 5244507

  • Dylan Merchant

    Investment Advisor RepresentativeCRD 7138674

  • CHAD NORLING

    PresidentCRD 2910033

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Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

FINTRX

ETF holdings

1 of 1,071

Active vs passive

$1.7B in ETFs

Passive

54%

$912M

Active

40%

$777M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$93.7M143,3945.54%

Location

Primary office

MINNETONKA, MN

HENNEPIN

Location

MINNETONKA, MN

Headquartered in MINNETONKA, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.

Metro area
Minneapolis-St. Paul, MN-WI
Region
Midwest
County
HENNEPIN
Address
110 Cheshire Ln
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth