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Riverbridge

Updated today

Client AUM

$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

Financial planning Portfolio management Newsletters or periodicals Educational seminars or workshops

Expertise

Active portfolio management Wealth management Real estate investing Private / alternative investments

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Fee options

Fixed

May bill flat fees for advisory services on assets not under management.

Percentage

$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-based

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.

Other

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

Advisors at this firm

user avatar

Annie P

Series 65

Minneapolis, MN

Riverbridge

Annie Paul is a financial advisor at Riverbridge Partners, LLC with five years of industry experience. She holds a Series 65 designation and has worked at Riverbridge since 2019. Prior to joining Riverbridge, she was employed at UnitedHealth Group and TripleTree LLC. Riverbridge Partners provides discretionary equity and income portfolio management to individual, high-net-worth, and institutional clients. The firm follows a growth-equity investment process centered on five key factors and offers services including sub-advisory mandates and management of pooled investment vehicles.

Active portfolio management Wealth management Real estate investing Private / alternative investments
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Christopher M

Series 63, Series 65

Minneapolis, MN

Riverbridge

Christopher Mc Grann is a financial advisor with Riverbridge Partners, holding Series 63 and Series 65 credentials and 30 years of industry experience. His prior work includes roles at IMST Distributors, U.S. Bancorp Investments, US Bank, and Sanford C. Bernstein & Co. He is based in Minneapolis, MN. Riverbridge Partners is an SEC-registered investment adviser offering discretionary portfolio management, financial planning, and consulting services to individuals, high-net-worth clients, institutions, and investment companies. The firm employs a growth equity investment process and manages strategies that include Enhanced Income portfolios, serving a broad client base that includes sovereign wealth funds and other institutional investors.

Active portfolio management Wealth management Real estate investing Private / alternative investments
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Austin C

Series 63, Series 65

Minneapolis, MN

Riverbridge

Austin Cumblad is a financial advisor at Riverbridge with nine years of industry experience. He holds Series 63 and Series 65 designations and has been associated with Riverbridge Partners since 2013. Cumblad also serves as a relationship manager at IMST Distributors, LLC. Riverbridge Partners is an SEC-registered investment adviser offering discretionary portfolio management, financial planning, and investment consulting to individuals, high-net-worth clients, institutions, and investment companies. The firm employs a growth equity investment process and manages a range of strategies, including the Riverbridge Growth Fund, Collective Investment Trusts, and sub-advisory engagements across multiple third-party platforms.

Active portfolio management Wealth management Real estate investing Private / alternative investments
user avatar

Andrew K

CFP®, Series 63

Minneapolis, MN

Riverbridge

Andrew King is a CFP® with 15 years of industry experience, currently serving at Riverbridge Partners, LLC since 2012. He is also a registered representative of IMST Distributors, LLC. King is a board member of TreeHouse Youth, a nonprofit organization based in Minneapolis. Riverbridge Partners, LLC provides discretionary equity and income portfolio management to individual, high-net-worth, and institutional clients. The firm focuses on a growth-equity investment process and offers services including sub-advisory mandates, pooled investment vehicles, and performance-based fee arrangements.

Active portfolio management Wealth management Real estate investing Private / alternative investments
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Andrew H

Series 63, Series 65

Minneapolis, MN

Riverbridge

Andrew Harbeck is a financial advisor at Riverbridge with eight years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Riverbridge Partners, LLC since 2015. Outside of his advisory role, he is also registered as a representative of an unaffiliated broker-dealer. Riverbridge Partners is an SEC-registered investment adviser that provides discretionary portfolio management, financial planning, and investment-consulting services to a diverse client base including individuals, high-net-worth clients, and institutions. The firm follows a growth equity investment process focused on quality criteria and manages various pooled investment vehicles, including the Riverbridge Growth Fund.

Active portfolio management Wealth management Real estate investing Private / alternative investments
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Jay H

CFP®, Series 63

Minneapolis, MN

Riverbridge

Jay Higgins is a CFP® with 12 years of industry experience, currently serving as a client relationship manager and principal at Riverbridge Partners, LLC. He has been with Riverbridge since 2005 and is also a registered representative of IMST Distributors, LLC. Riverbridge Partners, LLC provides discretionary equity and income portfolio management to individual, high-net-worth, and institutional clients. The firm emphasizes a growth-equity investment process focused on sound management and conservative accounting, and it offers a range of services including sub-advisory mandates and management of pooled investment vehicles.

Active portfolio management Wealth management Real estate investing Private / alternative investments
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Christopher S

CFA®

Minneapolis, MN

Riverbridge

Christopher Sebald is a CFA® charterholder with six years of industry experience. He has worked at Riverbridge Partners, LLC since 2020, following roles at Greys River Investments, LLC and Advantus Capital Management, Inc. Riverbridge Partners, LLC provides discretionary equity and income portfolio management to individual, high-net-worth, and institutional clients. The firm’s investment approach centers on a growth-equity process based on five key factors, and it offers services including sub-advisory mandates, pooled investment vehicles, and performance-based fee arrangements.

Active portfolio management Wealth management Real estate investing Private / alternative investments
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Cheryl S

CFP®

Minneapolis, MN

Riverbridge

Cheryl Starman Coombs is a CFP® professional with 12 years of industry experience, currently serving as an advisor at Riverbridge Partners, LLC since 2016. She is based in Minneapolis, MN. Riverbridge Partners provides discretionary equity and income portfolio management to individual, high-net-worth, and institutional clients. The firm employs a growth-equity investment process focused on five key criteria and offers services including sub-advisory mandates, management of pooled investment vehicles, and performance-based fee arrangements.

Active portfolio management Wealth management Real estate investing Private / alternative investments
user avatar

Emily S

Series 63

Minneapolis, MN

Riverbridge

Emily Soltvedt is a financial advisor at Riverbridge with 12 years of industry experience. She holds a Series 63 designation and has worked at Riverbridge Partners since 2009, including a period at IMST Distributors, LLC from 2013 to 2018. Riverbridge Partners, LLC provides discretionary equity and income portfolio management to individual, high-net-worth, and institutional clients. The firm follows a growth-equity investment process focused on five key criteria and offers services including sub-advisory mandates, management of pooled investment vehicles, and performance-based fee arrangements.

Active portfolio management Wealth management Real estate investing Private / alternative investments
user avatar

Jenna S

Series 66

Minneapolis, MN

Riverbridge

Jenna Shermoen is a financial advisor with Riverbridge Partners, holding a Series 66 designation and seven years of industry experience. Her prior roles include positions at RBC Capital Markets and various financial and client service firms. She serves on the board of trustees and finance committee for Avenues for Youth, a Minneapolis-based nonprofit. Riverbridge Partners is an SEC-registered investment adviser providing discretionary portfolio management, financial planning, and consulting services to individuals, institutions, and investment companies. The firm employs an investment-centric growth equity process and manages multiple pooled vehicles, with a range of institutional relationships and performance-based fee arrangements.

Active portfolio management Wealth management Real estate investing Private / alternative investments
user avatar

Cole E

CFA®

Minneapolis, MN

Riverbridge

Cole Ellefson is a CFA® charterholder based in Minneapolis, MN, with four years of industry experience. He has worked at Riverbridge Partners since 2017 and previously spent two years at Pavilion Advisory Group. Riverbridge Partners, LLC provides discretionary equity and income portfolio management to individual, high-net-worth, and institutional clients. The firm employs a growth-equity investment process focused on sound culture, strong unit growth, strategic market position, internally financed growth, and conservative accounting, and it also serves as sub-adviser to other investment advisers and manages pooled investment vehicles.

Active portfolio management Wealth management Real estate investing Private / alternative investments
user avatar

Sarah C

Series 63, Series 65

Minneapolis, MN

Riverbridge

Sarah Colton is an investment advisor at Riverbridge Partners with Series 63 and Series 65 licenses and four years of industry experience. She previously worked at Nordstrom for 11 years before joining Riverbridge in 2021. Outside of her advisory role, she operates an online resale business on Poshmark. Riverbridge Partners is an SEC-registered investment adviser serving individuals, high-net-worth clients, institutions, and investment companies. The firm employs a growth equity investment approach focused on quality criteria and offers diversified income strategies across multiple credit sectors and alternative income vehicles.

Active portfolio management Wealth management Real estate investing Private / alternative investments
View complete list of advisors at this firm
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