Asset manager · Minneapolis, MN
Leuthold Weeden Capital Management
The Leuthold Group, LLC · SEC-registered investment adviser · CRD 105826 · SEC 801-30686
At a glance
Leuthold Weeden Capital Management is an SEC-registered investment adviser based in Minneapolis, Minnesota, with $1.2 billion in regulatory assets under management as of its Form ADV filed July 6, 2026. Its largest client group by assets is investment companies, and it reports 60 individual clients. By Form ADV it is a asset manager, ranked 1,281st of 3,218 asset managers and 4,913th of 17,210 SEC-registered advisers by assets.
Main office 612-332-9141leutholdgroup.comAs filed on Form ADV
- Regulatory AUM
- $1.2B
- Rank among asset managers
- #1,281 of 3,218
- Rank among all SEC RIAs
- #4,913 of 17,210
- Rank in Minnesota
- #79 of 276
- Individual clients
- 60
- High-net-worth clients
- 60
- Accounts
- 200
- Discretionary
- 96% of AUM
- Employees
- 17
- Advisory staff
- 7
- Offices
- 1
Owners and executives on its Form ADV
- John C. MuellerCo-Chief Executive Officer, Manager
- Jeffrey C. LeadholmCo-Chief Executive Officer, Manager
- Darrin J. HommeChief Technology Officer
- Chun N. WangDirector of Multi-Asset Strategies and Portfolio Manager
- Greg M. SwensonDirector of Equities and Portfolio Manager
- Glenn R. LarsonChief Compliance Officer
- William S. BowerMember
- Scott D. OpsalDirector of Investment Strategies and Portfolio Manager
Custody and brokerage
3 custodians
- Fidelity Distributors Company$186M62%
- BNY Pershing$59M20%
- Charles Schwab$57M19%
Other RIAs using Fidelity Distributors CompanyOther multi-custodian RIAs
Broker-dealer
Hybrid RIA
Leuthold Weeden Capital Management is a hybrid RIA: 2 of its employees are also registered representatives of a broker-dealer.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 5 | $728M | 62% |
| Corporations or other businesses | 34 | $299M | 26% |
| Other | 99 | $48M | 4% |
| Pooled investment vehicles | 1 | $42M | 4% |
| High-net-worth individuals | 60 | $41M | 3% |
| Pension and profit sharing plans | 1 | $12M | 1% |
Private funds
Leuthold Weeden Capital Management reports 1 private funds with $42M in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
Leuthold Weeden Capital Management reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Periodicals or newsletters
How it’s paid
- A percentage of assets under management
- Subscription fees
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗leutholdgroup.com ↗
AtlasMembers
The full record on Leuthold Weeden Capital Management
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 986 peers of its type and size
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- Owners and executives, with titles and stakes
- 8 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Leuthold Weeden Capital Management manage?
Leuthold Weeden Capital Management reports $1.2 billion in regulatory assets under management across 200 accounts, 96% of it on a discretionary basis, on its Form ADV filed July 6, 2026.
What kind of firm is Leuthold Weeden Capital Management?
Leuthold Weeden Capital Management is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Leuthold Weeden Capital Management’s clients?
By assets, its largest client types are investment companies ($728 million, 5 clients); corporations or other businesses ($299 million, 34 clients); other ($48 million, 99 clients).
Does Leuthold Weeden Capital Management manage private funds?
Yes. It reports 1 private funds with $42 million in gross assets, including hedge funds.
Does Leuthold Weeden Capital Management have any disciplinary history?
Leuthold Weeden Capital Management reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Leuthold Weeden Capital Management’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-07-06), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →