Longship Advisers, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Longship Advisers is an owner‑operated, state‑registered investment adviser that provides investment consulting to high‑net‑worth individuals and a variety of other clients. The firm recommends asset allocation, conducts manager and mutual fund searches, and proposes investment product candidates while monitoring selected third‑party managers on an ongoing basis.
Longship’s relationship model is primarily consultative rather than directly discretionary: it develops investment plans and recommends managers, while selected third‑party managers typically implement and may be granted discretionary authority. The firm does not take custody of client assets or vote client proxies and provides quarterly account reviews and a regular market overview and strategy memo to clients.
Noteworthy aspects include the firm’s very small scale — two advisors serving a handful of clients — and its owner‑operated structure with the principal engaged in other corporate and industry activities outside the advisory business. The firm’s reliance on recommending and monitoring third‑party managers (and the potential need for clients to sign separate agreements with those managers) and its role in organizing an annual nuclear‑decommissioning conference are atypical for peers in this category.
Client services
Expertise
Fee options
Fixed fee option available, determined based on total assets under advisement using same fee schedule.
$0+: 0.10% to 0.20% annually of total assets under advisement, charged quarterly and billed semi-annually N/A - N/A: Additional 0.10% to 0.20% annually on "alternative investments" (e.g., private capital limited partnerships, hedge funds) plus cumulative distributions, charged quarterly N/A - N/A: For mutual fund portfolios, fees generally range from 0.10% to 0.20% annually of assets under advisement plus an additional 0.05% to 0.10% on value of additional investments made during the calendar quarter
Minimum fee: Minimum annual fee of $25,000 (may be waived at Longship's discretion) Fee-only: Fees are negotiable and may be charged as a fixed fee or percentage of assets under advisement; no commissions charged by Longship.
Main office
16465 Eagle Ridge Dr
Minnetonka MN 55345
Advisors at this office
1
Most active in
Minnesota
Also doing business as
Brusven Arland Duane · Longship Advisers, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor’s Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and introductions are provided by FinanceHQ LLC (“FHQ”), a wholly-owned subsidiary of Warmer and an SEC-registered investment advisor. We receive compensation from certain participating advisors for introductions or referrals. This creates a conflict of interest because we have an incentive to recommend advisors who compensate us, including those who pay us more. You pay no fee to use our matching service, and advisor fees are not increased because of a referral or introduction. We do not review the ongoing performance of advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to our Terms of Service and Advisory Agreement, and acknowledge our Privacy Policy. Please review FHQ’s ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. (“Warmer”)