Wealth manager, independent · Minnetonka, MN
Marquette Wealth Management
Marquette Asset Management, LLC · SEC-registered investment adviser · CRD 282482 · SEC 801-107122
At a glance
Marquette Wealth Management is an SEC-registered investment adviser based in Minnetonka, Minnesota, with $1.1B in regulatory assets under management as of its Form ADV filed September 28, 2026. It reports 211 individual clients, 116 of them high-net-worth, holding an average of about $4.6 million each, and 8 employees. That ranks it 1037th among the nation’s 5,657 independent wealth management RIAs and 31st of 140 in Minnesota. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
New to the $1 billion list this month. This month’s movers →
Main office 612-661-3770marquettewm.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.1B
- Rank among independent wealth managers
- #1,037 of 5,657
- Rank among all SEC RIAs
- #5,176 of 17,210
- Rank in Minnesota
- #31 of 140
- Individual clients
- 211
- High-net-worth clients
- 116
- Accounts
- 642
- Discretionary
- 100% of AUM
- Employees
- 8
- Advisory staff
- 4
- Offices
- 2
Owners and executives on its Form ADV
- Christopher M. VernierPresident
- Valerie A. Thomas RuthManaging Director
- Jordan M. EllingWealth Advisor
- Kristy A. ThomChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Marquette Wealth Management reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 116 | $930M | 87% |
| Individuals | 95 | $49M | 5% |
| Charitable organizations | 7 | $42M | 4% |
| Corporations or other businesses | 2 | $27M | 3% |
| Other | 7 | $11M | 1% |
| Pension and profit sharing plans | 2 | $9M | <1% |
Disciplinary disclosures
Marquette Wealth Management reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗marquettewm.com ↗
AtlasMembers
The full record on Marquette Wealth 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, 9 years of filings
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- Growth over one, three and five years
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- Rank against 3,380 peers of its type and size
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- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Minnesota
All of Minnesota →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Bluestem Wealth Partners, LLCMinnetonka | $1.1B | 1,679 |
| Bearing Point CapitalRichfield | $1.1B | 229 |
| Parr McKnight Wealth Management GroupMinneapolis | $1.1B | 441 |
| Everest Financial GroupMinneapolis | $1.0B | 1,940 |
Background
Questions
How much does Marquette Wealth Management manage?
Marquette Wealth Management reports $1.1B in regulatory assets under management across 642 accounts, 100% of it on a discretionary basis, on its Form ADV filed September 28, 2026.
How many clients does Marquette Wealth Management have?
It reports 211 individual clients: 116 high-net-worth individuals and 95 other individuals. Individuals account for about 92% of its regulatory assets.
Where is Marquette Wealth Management headquartered?
Its main office is in Minnetonka, Minnesota. It reports 2 offices in total and 8 employees, 4 of whom perform investment advisory functions.
How does Marquette Wealth Management charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Marquette Wealth Management use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed September 28, 2026, it reports these amounts held: Charles Schwab ($553M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Marquette Wealth Management a hybrid RIA with a broker-dealer?
Marquette Wealth Management reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Marquette Wealth Management a fiduciary?
As an SEC-registered investment adviser, Marquette Wealth Management owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Marquette Wealth 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 (2026-09-28), 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). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. 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 →