PETROS FAMILY WEALTH, LLC

RIASEC RegisteredEst. 2022
Total AUM
$342M
Discretionary
$306M
89% of AUM
Avg account
$197K
Accounts
1,736
Employees
9
Advisory reps
8

Firm details

Headquarters
BLOOMINGTON, Minnesota
CRD number
324059
Registered since
December 2, 2022
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 registered investment adviser organized as an LLC and SEC-registered in 2022. The firm identifies itself as a capital allocator serving individual and family clients as well as institutional accounts. Its advisory services include financial planning, discretionary portfolio management for individuals and small businesses, portfolio management for institutions or businesses, and selection of other advisers. Fee arrangements combine a percentage of assets under management with fixed fees and other fee structures. Petros does not flag itself as an active ESG investor and does not list pension consulting services; it also notes an industry affiliation with accountants.

Assets & Accounts

Public Holdings

Investments & Alternatives

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: Exchange Traded Equities 38%, Cash & Cash Equivalents 19%, Other 18%, Public Funds/Mutual Funds 16%, Investment Grade Corp Bonds 4%, US Government Bonds 2%, State & Local Bonds 1%, Non-Investment Grade Corp Bonds 1%38%
  • Exchange Traded Equities38%
  • Cash & Cash Equivalents19%
  • Other18%
  • Public Funds/Mutual Funds16%
  • Investment Grade Corp Bonds4%

Contacts

3 of 8
  • BRIDGET WILTSE

    Financial AdvisorCRD 1222893

  • THOMAS JENKINS

    Senior Wealth AdvisorCRD 7128340

  • DEANNA RENS

    Director of Client OperationsCRD 5439973

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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 42

Active vs passive

$65.2M in ETFs

Passive

80%

$51.9M

Active

17%

$13.3M

ETFProviderStyleCategoryValueShares% of portfolio
SPDR S&P 500 ETF TRUST (SPY)State StreetPassiveLarge Blend$8.1M12,41112.38%

Location

Primary office

BLOOMINGTON, MN

HENNEPIN

Location

BLOOMINGTON, MN

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

Metro area
Minneapolis-St. Paul, MN-WI
Region
Midwest
County
HENNEPIN
Address
8500 Normandale Lake Blvd
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth