Petros Family Wealth, LLC

RIASEC Registered

Total AUM

$342M

Discretionary

$306M

89% of AUM

Avg account

$197K

Accounts

1,736

Employees

Advisory reps

Firm details

Headquarters: Bloomington, Minnesota
CRD number: 324059
Registered since: December 2, 2022
Website: www.petrosfw.com
Custodians: WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
Fee structure: Percentage of AUM, Fixed Fees, Other
Client types: HNWI66.24%
Individuals32.13%
Charitable Organizations1.35%
Corporations / Businesses0.28%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Petros Family Wealth, LLC is an independent, owner-operated advisory firm organized as an LLC and registered with the SEC in 2022. The firm serves both individual and family clients as well as institutional clients, and it positions itself as a capital allocator—sourcing and allocating capital across third-party managers in addition to managing portfolios directly. Revenue is generated through a mix of percentage-of-AUM fees, fixed fees and other fee arrangements. Core advisory capabilities listed include financial planning, portfolio management for individuals/small businesses and for businesses or institutions, and the selection of other advisers. Petros Family Wealth does not identify as an active ESG investor and reports an industry affiliation with accounting professionals.