PALISADE ASSET MANAGEMENT, LLC

RIASEC RegisteredEst. 2005

Total AUM

$1.3B

Discretionary

$1.2B

96% of AUM

Avg account

$1.5M

Accounts

839

Employees

Advisory reps

Firm details

Headquarters: MINNEAPOLIS, Minnesota
CRD number: 136089
Registered since: July 11, 2005
Website: palisadeam.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI93.84%
Charitable Organizations3.92%
Corporations / Businesses1.76%
Banking / Thrift Institutions0.35%
Pension & Profit Sharing Plans0.13%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Palisade Asset Management, LLC is an independent registered investment adviser that acts as a capital allocator for both high-net-worth individuals, families and select institutional clients. The firm combines discretionary portfolio management and financial planning with the selection of third-party managers, positioning itself to build portfolios that blend concentrated equity exposure with targeted use of external alternative managers. Fee arrangements include both percentage-of-AUM and fixed-fee structures. Palisade was recognized by FA Magazine as one of its Top RIA Firms in 2020. Palisade shows a clear preference for exchange-traded equities as its primary investment vehicle while maintaining the capability to incorporate third-party private equity and hedge fund strategies and corporate debt where appropriate. The adviser provides services across individual, family and institutional mandates and uses a mix of in-house portfolio management and manager selection to implement client objectives.