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 is a team-based registered investment adviser that manages roughly $557 million for about 300 client relationships, serving individuals (including high-net-worth clients), trusts and estates, companies, and qualified retirement plans. The firm offers discretionary investment management, integrated wealth advisory and financial planning, and ERISA plan services (including both limited-scope 3(21) advice and full 3(38) investment management).
Nicollet implements client portfolios through a set of model strategies—large-cap and mid/small-cap growth equity SMAs, rules‑based direct‑index strategies, ETF equity allocations, custom fixed‑income portfolios and a preferred‑securities SMA—and customizes fixed‑income and other allocations to match cash‑flow, tax and preservation objectives. Portfolio management is discretionary and guided by documented client objectives and periodic reviews; the firm also engages in year‑end tax‑oriented reviews and will execute tax‑aware sales when directed by clients or their tax advisers.
Compared with many peers, Nicollet combines traditional advisory services with client education and outreach: it provides periodic client communications (meetings, phone, email and letters), distributes client‑focused periodicals/newsletters, and participates in retirement‑plan participant education and group enrollment meetings. The firm also offers select options‑overlay strategies implemented through unaffiliated, SEC‑registered sub‑advisers via allocated sleeves and has recently completed an ownership transition to a partner group, reflecting a move to a multi‑partner operating structure.
Client services
Expertise
Occupation focus
Fee options
Fixed fees may be charged for smaller accounts or special situations
$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
Hourly charges mentioned in SEC Part 1 but not explicitly detailed in brochure
Account minimum: $250,000 Minimum fee: May charge fixed minimum fee in some special situations or smaller dollar accounts
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 with Nicollet Investment Management, Inc. in Minneapolis, MN, holding 12 years of industry experience. He has been with Nicollet Investment Management since 2003. Nicollet Investment Management is a team-based registered investment adviser managing approximately $557 million across about 300 client relationships, including individuals, trusts and estates, companies, and qualified retirement plans. The firm offers discretionary investment management, integrated wealth advisory and financial planning, and ERISA plan services using a range of model strategies and customized portfolios.
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 is a team-based registered investment adviser managing approximately $557 million across about 300 client relationships. The firm serves individuals, trusts and estates, companies, and qualified retirement plans with discretionary investment management, integrated wealth advisory, and ERISA plan services, employing model strategies and customized portfolios to meet client objectives.
Susan B
CFA®
Minneapolis, MN
Nicollet Investment Management, Inc.
Susan Becker is a CFA® charterholder with four years of experience in financial advising. She has been with Nicollet Investment Management, Inc. since 2021 and previously worked at HomeMaker for 11 years. Nicollet Investment Management is a team-based registered investment adviser managing approximately $557 million for around 300 clients, including individuals, trusts, estates, companies, and qualified retirement plans. The firm offers discretionary investment management, integrated wealth advisory, financial planning, and ERISA plan services, delivering customized portfolios through various equity and fixed-income strategies while incorporating client education and outreach.
Naveen S
CFP®, Series 63, Series 65, Series 66
Minneapolis, MN
Nicollet Investment Management, Inc.
Naveen Sharma is a CFP® with 32 years of industry experience, currently serving at Nicollet Investment Management, Inc. since 2024. His prior roles include positions at U.S. Bancorp Investments, U.S. Bank, JPMorgan Securities, and Merrill, among others. Nicollet Investment Management is a team-based registered investment adviser managing approximately $557 million across 300 client relationships, offering discretionary portfolio management, integrated wealth advisory, and ERISA plan services. The firm utilizes model strategies and customized allocations tailored to clients’ objectives and emphasizes client education and communication alongside traditional advisory services.
Nathan T
Series 66
Minneapolis, MN
Nicollet Investment Management, Inc.
Nathan Travis is a financial advisor at Nicollet Investment Management, Inc. in Minneapolis, MN, holding a Series 66 designation with 12 years of industry experience. He previously worked at Morgan Stanley for six years and has been involved with 705 5th Ave SE Partners LLC since 2018. Outside of investment advising, he is the sole owner of Westonka Capital LLC, which has interests in agriculture and land conservation ventures. Nicollet Investment Management is a team-based registered investment adviser managing approximately $557 million across 300 client relationships. The firm serves individuals, trusts, estates, companies, and qualified retirement plans with discretionary investment management, integrated wealth advisory, and ERISA plan services, offering customized portfolio strategies and a combination of advisory services with client education and outreach.
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 29 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Nicollet since 2016, following nine years at Northland Securities, Inc. Nicollet Investment Management is a team-based registered investment adviser managing approximately $557 million for about 300 clients, including individuals, trusts, estates, companies, and qualified retirement plans. The firm uses model strategies and customized portfolios to meet client objectives, combining discretionary management with client education and outreach.
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