# Northrock Partners, LLC

> Northrock Partners, LLC is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 2013, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 18, 2026.

- CRD: 167908
- Filed as: NORTHROCK PARTNERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Minneapolis, MN
- Filing period: October 2026
- Form ADV filing dated: September 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/167908
- AdvisorCensus page: https://advisorcensus.com/firm/northrock-partners-llc-minneapolis-mn-167908

## Quick answers

**How is Northrock Partners, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Northrock Partners, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**Where is Northrock Partners, LLC located?**
Northrock Partners, LLC's principal office is in Minneapolis, MN, according to its Form ADV; the October 2026 filing also lists 19 other offices (Schedule D, Section 1.F).

**Is Northrock Partners, LLC registered with the SEC or a state?**
Northrock Partners, LLC is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 167908.

**How much does Northrock Partners, LLC manage?**
Northrock Partners, LLC reports $12,185,185,517 in regulatory assets under management in its Form ADV filing dated September 18, 2026 (95% discretionary).

**How have Northrock Partners, LLC's assets and staff changed since 2021?**
In the Form ADV data for Northrock Partners, LLC: Regulatory assets under management: $3,265,785,526 in the October 2021 data and $12,185,185,517 in the October 2026 data, up 273%. Total employees: 101 in October 2021 and 233 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Northrock Partners, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,523); high net worth individuals (2,255); corporations or other businesses not listed above (20).

**Which custodians does Northrock Partners, LLC use?**
Northrock Partners, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Institutional Wealth Services as custodians holding 10% or more of its separately managed account assets.

**Does Northrock Partners, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/167908

**Does Northrock Partners, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated July 8, 2026 says: "NorthRock does not require a minimum account size but may charge minimum fees as described in Item 5."

**What changed in Northrock Partners, LLC's recent Form ADV filings?**
In the August 2026 filing data: Added an office in Blue Ash, OH. Added an office in Columbus, OH. Added an office in Elm Grove, WI. Added an office in Huron, SD. Added an office in Watertown, SD. Added an office in Youngstown, OH. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated July 8, 2026)

- Account minimum: None

> NorthRock does not require a minimum account size but may charge minimum fees as described in Item 5.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Institutional Wealth Services

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $12,185,185,517
- Discretionary: $11,524,962,460
- Non-discretionary: $660,223,057

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2,523 | $1,093,508,235 |
| High net worth individuals | 2,255 | $10,948,670,315 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $74,913 |
| Charitable organizations | 12 | $66,953,294 |
| Corporations or other businesses not listed above | 20 | $75,978,760 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops
- Other

### Firm details
- Registered since: 2013 (13 years)
- Employees: 233 total, 91 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, CO, CT, FL, GA, HI, IA, ID, IL, IN, KS, LA, MA, MD, ME, MI, MN, MO, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Alexandria, MN
- Appleton, WI
- Auburn, CA
- Berkeley, CA
- Blue Ash, OH
- Columbus, OH
- Deer Park, IL
- Elm Grove, WI
- Huron, SD
- Morris, IL
- Raleigh, NC
- Roseville, CA
- San Francisco, CA
- San Rafael, CA
- Shorewood, IL
- Skokie, IL
- Valparaiso, IN
- Watertown, SD
- Youngstown, OH

### Websites listed on Form ADV (Item 1.I)
- facebook.comhttps/www.facebook.com/NorthRock--X-102013345523399
- facebook.comhttps/www.facebook.com/NorthRock-Partners-104474438618305
- foundation-x.org
- northrock-x.com
- northrockberkeley.com
- northrockpartners.com
- northrocksacramento.com
- northrocksanfrancisco.com
- northrockshorewood.com
- rsghockey.com
- Facebook facebook.com
- Instagram @foundation_x_org
- Instagram @northrockpartners
- Instagram @northrockx
- Instagram @rsghockey
- LinkedIn @foundation-x
- LinkedIn @northrock-x
- LinkedIn @northrockpartners
- X @rsghockey
- YouTube @NorthRockPartners
- YouTube @foundation_x_org

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,265,785,526 | 101 | June 21, 2021 |
| October 2022 | $4,188,037,335 | 143 | April 21, 2022 |
| October 2023 | $4,191,905,300 | 131 | August 4, 2023 |
| October 2024 | $5,798,819,415 | 154 | June 13, 2024 |
| October 2025 | $6,596,242,797 | 161 | July 11, 2025 |
| October 2026 | $12,185,185,517 | 233 | September 18, 2026 |

Regulatory assets under management: $3,265,785,526 in the October 2021 data and $12,185,185,517 in the October 2026 data, up 273%.
Total employees: 101 in October 2021 and 233 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Added an office in Blue Ash, OH.
- Added an office in Columbus, OH.
- Added an office in Elm Grove, WI.
- Added an office in Huron, SD.
- Added an office in Watertown, SD.
- Added an office in Youngstown, OH.
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 50 to 91.
- Regulatory assets under management went from $6,596,242,797 to $12,185,185,517 (+85%).
- No longer lists an office in San Francisco, CA.
- Updated its list of owners and control persons (Schedule A).

### March 2026
- Updated its list of owners and control persons (Schedule A).

### February 2026
- Added an office in Morris, IL.
- Added an office in Shorewood, IL.
- Added an office in Valparaiso, IN.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Northrock Partners, LLC (CRD 167908): Form ADV filing data as of October 2026.