{
  "crd_number": 324059,
  "slug": "petros-family-wealth-llc-bloomington-mn-324059",
  "primary_business_name": "PETROS FAMILY WEALTH, LLC",
  "legal_name": "PETROS FAMILY WEALTH, LLC",
  "dbas": [],
  "city": "Bloomington",
  "state": "MN",
  "country": "United States",
  "cbsa_code": "33460",
  "metro": {
    "cbsa_code": "33460",
    "common_name": "Minneapolis",
    "msa_name": "Minneapolis-St. Paul-Bloomington, MN-WI",
    "path": "/advisors/mn/minneapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-12-02",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-02-27",
  "carried_forward": false,
  "raum_total": 341596465.0,
  "raum_discretionary": 305720893.0,
  "raum_non_discretionary": 35875572.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 9,
  "advisory_employees": 8,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 4609517.0,
      "count": 4,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 109763711.0,
      "count": 444
    },
    "high_net_worth_individuals": {
      "raum": 226266983.0,
      "count": 83
    },
    "corporations_other_businesses": {
      "raum": 956254.0,
      "count": 2,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "FL",
    "GA",
    "IA",
    "IL",
    "IN",
    "MN",
    "NE",
    "NM",
    "SD",
    "TX",
    "VA",
    "WI"
  ],
  "websites": [
    "https://linkedin.com/company/petros-family-wealth",
    "https://petrosfamilywealth.com",
    "https://petrosfw.com",
    "https://twitter.com/petrosfw",
    "https://youtube.com/@PetrosFamilyWealth"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/324059",
  "city_as_filed": "BLOOMINGTON",
  "url": "https://advisorcensus.com/firm/petros-family-wealth-llc-bloomington-mn-324059",
  "display_name": "Petros Family Wealth, LLC",
  "summary": "Petros Family Wealth, LLC is an SEC-registered investment advisory firm in Bloomington, MN, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 27, 2026.",
  "citation": "AdvisorCensus. Petros Family Wealth, LLC (CRD 324059): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Petros Family Wealth, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Petros Family Wealth, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other."
    },
    {
      "q": "How much does Petros Family Wealth, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated February 27, 2026 states: Flat fee: $500 to $10,000 (financial planning and consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Petros Family Wealth, LLC located?",
      "a": "Petros Family Wealth, LLC's principal office is in Bloomington, MN, according to its Form ADV; the March 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Petros Family Wealth, LLC registered with the SEC or a state?",
      "a": "Petros Family Wealth, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 324059."
    },
    {
      "q": "How much does Petros Family Wealth, LLC manage?",
      "a": "Petros Family Wealth, LLC reports $341,596,465 in regulatory assets under management in its Form ADV filing dated February 27, 2026 (89% discretionary)."
    },
    {
      "q": "How have Petros Family Wealth, LLC's assets and staff changed since 2023?",
      "a": "In the Form ADV data for Petros Family Wealth, LLC: Regulatory assets under management: $150,506,357 in the October 2023 data and $341,596,465 in the October 2026 data, up 127%. Total employees: 6 in October 2023 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Petros Family Wealth, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (444); high net worth individuals (83); charitable organizations (4)."
    },
    {
      "q": "Which custodians does Petros Family Wealth, LLC use?",
      "a": "Petros Family Wealth, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Wells Fargo Clearing Services, LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Petros Family Wealth, LLC report any disciplinary disclosures?",
      "a": "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/324059"
    },
    {
      "q": "Does Petros Family Wealth, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 27, 2026 says: \"For new clients, Petros generally does not requires a minimum initial investment for investment management services.\""
    },
    {
      "q": "What changed in Petros Family Wealth, LLC's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Employees performing advisory functions went from 6 to 8. Regulatory assets under management went from $274,482,313 to $341,596,465 (+24%). Added an office in Maple Grove, MN."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 150506357.0,
      "total_employees": 6,
      "filing_date": "2023-03-07"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 231423310.0,
      "total_employees": 6,
      "filing_date": "2024-03-06"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 274482313.0,
      "total_employees": 6,
      "filing_date": "2025-02-24"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 341596465.0,
      "total_employees": 9,
      "filing_date": "2026-02-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 6 to 8.",
        "Regulatory assets under management went from $274,482,313 to $341,596,465 (+24%).",
        "Added an office in Maple Grove, MN."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $500 to $10,000 (financial planning and consulting services)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "For new clients, Petros generally does not requires a minimum initial investment for investment management services."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $500 to $10,000 (financial planning and consulting services)"
        ],
        "quotes": [
          "Fees for financial planning and consulting services are billed on a fixed rate basis ranging from $500- $10,000 depending on the complexity of the work provided."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 500.0,
          "max": 10000.0,
          "period": "one_time",
          "service": "financial planning and consulting services"
        }
      ]
    },
    "quotes": [
      "For new clients, Petros generally does not requires a minimum initial investment for investment management services.",
      "Fees for financial planning and consulting services are billed on a fixed rate basis ranging from $500- $10,000 depending on the complexity of the work provided."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Wells Fargo Clearing Services, LLC",
      "name_as_filed": "WELLS FARGO CLEARING SERVICES, LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/petros-family-wealth-llc-bloomington-mn-324059.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 444,
      "fewer_than_5": false,
      "raum": 109763711.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 83,
      "fewer_than_5": false,
      "raum": 226266983.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 4,
      "fewer_than_5": true,
      "raum": 4609517.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": true,
      "raum": 956254.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/324059",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}