Riverbridge
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$3,238,165,214
Clients
3,482
Advisors
12
of 46 employees
About
Riverbridge Partners is an SEC‑registered investment adviser that provides discretionary portfolio management, financial planning, and investment‑consulting services to a broad client base that includes individuals, high‑net‑worth clients, institutions, and investment companies. The firm also serves as investment adviser to the Riverbridge Growth Fund and manages Collective Investment Trusts, and it accepts sub‑advisory and model‑provider engagements for third‑party advisers and platform sponsors.
The firm follows an investment‑centric, growth equity process built around five specified quality criteria for companies and operates Enhanced Income strategies that use diversified credit sectors and alternative income vehicles (including closed‑end funds, BDCs and REITs); portfolios are model‑aligned with generally low turnover and a long‑term benchmarking focus. Riverbridge participates on multiple third‑party platforms (wrap, UMA/model‑based programs) and provides both discretionary management and non‑discretionary advice for pooled vehicles and private fund investments.
What is distinctive for a multi‑team adviser of this size is the breadth of institutional relationships and roles described in the brochure — including services to sovereign wealth funds, banks and thrift institutions, insurance companies, other investment advisers, state and municipal clients, and portfolio management for pooled and investment company vehicles — and the firm’s use of performance‑based fee arrangements for qualified clients under Rule 205‑3. Riverbridge’s ownership structure (employee ownership via Riverbridge Management Holdings with a minority partner, LPC Monarch) and the fact that employees provided initial capital and hold material investments in the Growth Fund are additional features the firm discloses and manages through allocation and conflict‑of‑interest procedures.
Client services
Expertise
Fee options
May bill flat fees for advisory services on assets not under management.
$0+: 1.00% annually (standard fee, may be negotiated lower for certain clients) $0+: 0.50% base fee plus performance incentive fee for performance-based fee clients
Performance fee arrangements with qualified clients per Rule 205-3: base fee of 0.50% plus 20% of excess appreciation above 5% or incentive fee based on benchmark returns over five-year rolling average.
Account minimum: $2 million Fee-only: Annual fees based on assets under management, typically 1.00% annually, billed quarterly in arrears; may be negotiated lower for institutional or high asset clients.
Main office
80 South Eighth Street, Suite 1500
Minneapolis MN 55402
Advisors at this office
12
Most active in
Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin
Also doing business as
Riverbridge · Riverbridge Partners · Riverbridge Partners LLC · Riverbridge Personal Wealth Advisors
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.
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Advisors at this firm
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