HIGHMARK WEALTH MANAGEMENT LLC

RIASEC RegisteredEst. 2012
Total AUM
$612M
Discretionary
$612M
100% of AUM
Avg account
$364K
Accounts
1,679
Employees
5
Advisory reps
4

Firm details

Headquarters
SAINT PAUL, Minnesota
CRD number
164790
Registered since
July 25, 2012
Custodians
NATIONAL FINANCIAL SERVICES LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types
  • HNWI90.17%
  • Individuals9.83%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Highmark Wealth Management LLC is an independently owned registered investment adviser organized as an LLC and SEC-registered since 2012. The firm serves individual and family clients and describes itself as a capital allocator that selects outside managers in addition to providing in‑house portfolio management. Its advisory services include financial planning, portfolio management for individuals and small businesses, pension consulting services, and the selection of other advisers. Fee arrangements are flexible and include percentage-of-AUM, hourly, fixed-fee and other billing structures. Highmark also self-identifies as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

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 67%, Exchange Traded Equities 19%, Cash & Cash Equivalents 10%, US Government Bonds 3%, State & Local Bonds 1%67%
  • Public Funds/Mutual Funds67%
  • Exchange Traded Equities19%
  • Cash & Cash Equivalents10%
  • US Government Bonds3%
  • State & Local Bonds1%

Owners & executives

1 of 1
  • TODD ARENS

    President, Chief Financial OfficerCRD 2414006

Contacts

3 of 3
  • JEROD GUSTAFSON

    Managing Director, InvestmentsCRD 2765649

  • Daniel Sullivan

    Wealth StrategistCRD 6619911

  • PATRICK SULLIVAN

    Partner, Wealth StrategistCRD 5786229

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 154

Active vs passive

$161M in ETFs

Passive

100%

$161M

Active

<1%

$323K

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$76.2M116,95547.17%

Location

Primary office

SAINT PAUL, MN

WASHINGTON

Location

SAINT PAUL, MN

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

Metro area
Minneapolis-St. Paul, MN-WI
Region
Midwest
County
WASHINGTON
Address
944 Inwood Ave N
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth