Nicollet Investment Management, Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$553,112,468
Clients
297
Advisors
6
of 9 employees
About
Nicollet Investment Management works with high‑net‑worth individuals and families, trusts, charitable organizations, companies, and retirement/pension plans, offering discretionary investment management, wealth advisory and financial planning. The firm manages roughly $557 million in discretionary assets and provides tailored strategies including individually managed equity SMAs, ETF equity allocations, custom fixed‑income portfolios, and preferred‑security strategies.
Nicollet typically manages accounts on a discretionary basis using model portfolios and a mix of internally managed equity approaches (large‑cap growth, mid‑ and small‑cap growth, and rules‑based direct‑index strategies) alongside customized fixed‑income and income‑oriented solutions. Investment decisions are driven by fundamental analysis and diversification across sectors, and the firm incorporates tax‑aware fixed‑income selection, laddered maturities, and client‑imposed restrictions when requested; it also documents and reviews realized gains and losses with clients toward year‑end.
Distinctive features in the brochure include formal retirement plan services delivered as either ERISA 3(21) or 3(38) fiduciary roles and a regular program of participant education and group enrollment meetings for plan sponsors, as well as periodic investment reports for plan monitoring. The firm also notes a recent ownership transition and a team‑based investment process that combines direct‑index, SMA, and fixed‑income customization, which produces a different product mix than many similarly sized team firms.
Client services
Expertise
Occupation focus
Fee options
$250,000 - $5,000,000: 1.10% annually $5,000,001 - $10,000,000: 1.00% annually $10,000,001 - $20,000,000: 0.90% annually $20,000,001 - $50,000,001: 0.75% annually Over $50,000,000+: 0.55% annually
Account minimum: $250,000 Minimum fee: May charge a fixed minimum fee for smaller dollar value accounts or special situations
Main office
800 Washington Avenue North, Suite 150
Minneapolis MN 55401
Advisors at this office
6
Most active in
Arizona · Florida · Iowa · Maryland · Minnesota · North Dakota · South Dakota · Texas · Virginia · Washington · Wisconsin
Also doing business as
Alla Acquisition Co · Alla Investment Management Inc · Alla Investment Management, Inc. · Alla Investment Management, Inc. (As Reported To Sec On 3/23/00) · Nicollet Investment Management, Inc.
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:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Nicholas H
Minneapolis, MN
Nicollet Investment Management, Inc.
Nicholas Heyer is a financial advisor at Nicollet Investment Management, Inc. in Minneapolis, MN, with 12 years of industry experience. He has been with Nicollet Investment Management since 2003. Nicollet Investment Management serves individuals, families, and institutional clients including corporate retirement plans, charities, trusts, estates, and business accounts. The firm offers investment management, written financial planning, ongoing advisory services, and ERISA plan consulting, with a focus on internally managed growth equity strategies and customized fixed-income approaches tailored to client needs.
Marc H
CFP®, Series 63, Series 65
Minneapolis, MN
Nicollet Investment Management, Inc.
Marc Hadley is a CFP® professional with 12 years of industry experience. He has worked at Nicollet Investment Management, Inc. since 2017 and previously spent seven years at Wilkerson Resource Advisors. Nicollet Investment Management serves individuals, families, and institutional clients including corporate retirement plans, charities, and trusts. The firm offers investment management, financial planning, and ERISA plan consulting, with a focus on internally managed growth equity strategies and tailored fixed-income approaches.
Susan B
CFA®
Minneapolis, MN
Nicollet Investment Management, Inc.
Susan Becker is a CFA® charterholder with four years of industry experience. She has been with Nicollet Investment Management, Inc. since 2021. Prior to that, she worked at HomeMaker for eleven years. Nicollet Investment Management serves individuals, families, and institutional clients including corporate retirement plans, charities, trusts, estates, and business accounts. The firm offers investment management, financial planning, and ERISA plan consulting, focusing on internally managed growth equity strategies and customized fixed-income approaches tailored to clients’ needs.
Naveen S
CFP®, Series 63, Series 65, Series 66
Minneapolis, MN
Nicollet Investment Management, Inc.
Naveen Sharma is a CFP® with over 31 years of industry experience, currently serving at Nicollet Investment Management, Inc. since 2024. He has held prior roles at U.S. Bancorp Investments, U.S. Bank, JPMorgan Securities, and several wealth management firms. Nicollet Investment Management serves high-net-worth individuals, families, trusts, charitable organizations, companies, and retirement plans, offering discretionary investment management and wealth advisory services. The firm employs a team-based approach combining model portfolios, internally managed equity strategies, and customized fixed-income solutions.
Nathan T
Series 66
Minneapolis, MN
Nicollet Investment Management, Inc.
Nathan Travis is a financial advisor at Nicollet Investment Management, Inc. in Minneapolis, MN, with 12 years of industry experience. He holds a Series 66 designation and previously worked at Morgan Stanley for six years. Outside of his advisory work, he is the sole owner of Westonka Capital LLC, which has interests in agriculture and land conservation ventures. Nicollet Investment Management serves individuals, families, and institutional clients, offering investment management, financial planning, and ERISA plan consulting. The firm manages growth equity strategies alongside customized fixed-income approaches, emphasizing fundamental analysis and participant education for retirement plans.
Timothy F
Series 63, Series 65
Minneapolis, MN
Nicollet Investment Management, Inc.
Timothy Fahey is a financial advisor at Nicollet Investment Management, Inc. in Minneapolis, MN, with 28 years of industry experience. He has been with Nicollet Investment Management since 2016 and previously worked at Northland Securities, Inc. from 2007 to 2016. He holds the Series 63 and Series 65 licenses. Nicollet Investment Management serves individuals, families, and institutional clients including corporate retirement plans, charities, trusts, estates, and business accounts. The firm manages internally built growth equity strategies alongside customized fixed-income approaches and emphasizes participant education and group enrollment meetings for retirement plans.
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