Northland Asset Management

Broker-DealerFINRA Member
Total AUM
$405M
Discretionary
$387M
96% of AUM
Accounts
1,192
Employees
22
Advisory reps
191
Brokerage reps
22

Firm details

Headquarters
Minneapolis, Minnesota
CRD number
40258
Registered since
May 26, 2015
Custodians
PERSHING LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types
  • HNWI78.75%
  • Individuals19.54%
  • Charitable Organizations0.92%
  • Pension & Profit Sharing Plans0.79%
Services
Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

Northland Asset Management is a corporation that operates as a broker-dealer and insurance broker with municipal advisor registration. SEC registration dates to 2015. The firm focuses on individual and family clients and offers a mix of financial planning, portfolio management for individuals and small businesses, and the selection of outside advisers. Its fee arrangements include percentage-of-AUM billing as well as hourly, fixed, and other fee structures. The firm identifies itself as a capital allocator and maintains brokerage, banking/thrift, trust company and insurance company affiliations.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 51%, Exchange Traded Equities 43%, Cash & Cash Equivalents 4%, State & Local Bonds 1%, Other 1%51%
  • Public Funds/Mutual Funds51%
  • Exchange Traded Equities43%
  • Cash & Cash Equivalents4%
  • State & Local Bonds1%
  • Other1%

Owners & executives

3 of 4
  • Randy Nitzsche

    Randy Nitzsche

    CEOCRD 1558954

  • Dustin Alden

    Dustin Alden

    Chief Financial OfficerCRD 6131554

  • Mandy Teigland

    Co-Chief Compliance OfficerCRD 4870219

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Contacts

3 of 187
  • Amy Novak

    Amy Novak

    Senior AnalystCRD 5757636

  • Ann Carda

    Ann Carda

    Vice President, Wealth ManagementCRD 4297901

  • James Reynolds

    James Reynolds

    Senior Vice PresidentCRD 4408485

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 76

Active vs passive

$172M in ETFs

Passive

75%

$129M

Active

15%

$43.6M

ETFProviderStyleCategoryValueShares% of portfolio
INVESCO QQQ TRUST SERIES 1 (QQQ)InvescoPassiveLarge Growth$32.8M44,53819.03%

Location

Primary office

Minneapolis, MN

Hennepin

Location

Minneapolis, MN

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

Metro area
Minneapolis-St. Paul, MN-WI
Region
Midwest
County
Hennepin
Address
150 S 5th St
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth