Radar · Asset Management in Minnesota
Best Asset Management Companies in Minnesota, United States
The 63 best Asset Management companies in Minnesota, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Meridian Investments I.
By Riya SenguptaFinancials
63companies tracked
$41.2Mdisclosed funding
0unicorns
4have raised
Ranked: Best Asset Management companies in Minnesota
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Meridian Investments I Provider of investment transactions, tax advisory, and real estate services | $21M | 51 mo ago | Series B | Andrew J Abernathey CEO | — | — | — | — |
| 2 | Glass Bridge Diversified asset management firm | $10M | — | Public | — | 1996 | — | — | — |
| 3 | Abernathey Holding Company Investment management firm | $8M | 9 mo ago | Series A | Andrew Abernathey CEO & Chairman | 2011 | — | — | — |
| 4 | Wealth Enhancement Diversified investment management firm | $2M | 2 mo ago | Acquired | Bruce Helmer Co-Founder | 1997 | Amazon WebstoreDrupalApple iCloud Mail+28 | — | 1 job opening |
| 5 | Summit Investment Provider of investment advisory services | — | 52 mo ago | Seed | — | 2009 | DrupalPHPAnimate.css+19 | — | 1 award |
| 6 | Garda Capital Partners Investment management firm | — | 83 mo ago | Series A | Jeff Drobny Founder & CEO | 2015 | AstroAmazon Web ServicesPriority Hints+4 | — | 1 job opening |
| 7 | Securian Financial Financial holding company | — | 98 mo ago | Funding Raised | — | 1880 | Adobe Experience ManagerApple iCloud MailJava+21 | — | — |
| 8 | AB CarVal Provider of asset management services | — | — | Unfunded | James McManus Managing Director | 1987 | Adobe Experience ManagerJavaVideoJS+19 | — | — |
Top 7 Asset Management companies in Minnesota
#1
Acquired · Minneapolis, Minnesota · founded 1997 · 853 employees$1.8Mraised▾
Acquired · Minneapolis, Minnesota · founded 1997 · 853 employees
Diversified investment management firm
LinkedIn Pulse recent public activity · Jul 2026
Audience: 21k LinkedIn followers — 12.5% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Senior Client Service Associate
Funding rounds
- Apr 2026Unattributed$35.7M
- Jun 2025Unattributed$110.2K
- Feb 2024Unattributed$80.4K
- Jun 2022Unattributed$985K
Founders & team
Investors
Onex, Norwest Equity Partners, Lightyear Capital
Tech stack
Acquia Cloud PlatformAkamaiAkamai MpulseAmazon AdvertisingAmazon S3Amazon Web Services
#2
Series A · Moorhead, Minnesota · founded 2011$8.4Mraised▾
Series A · Moorhead, Minnesota · founded 2011
Investment management firm
LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
- Sep 2025Series A$998K
- Jan 2021Series A$2.3M
- Oct 2016Series A$490K
- Jun 2016Series A$1.9M
Founders & team
#3
Series B · Moorhead, Minnesota$20.8Mraised▾
Series B · Moorhead, Minnesota
Provider of investment transactions, tax advisory, and real estate services
Founders & team
#4
Public · Oakdale, Minnesota · founded 1996 · 5 employees$10.1Mraised▾
Public · Oakdale, Minnesota · founded 1996 · 5 employees
Diversified asset management firm
Investors
Open X Innovations
Tech stack
Node.JsVue.JsNuxt.JsAmazon Web ServicesCloudflarePwa
#5
Seed · Roseville, Minnesota · founded 2009—raised▾
Seed · Roseville, Minnesota · founded 2009
Provider of investment advisory services
LinkedIn Pulse recent public activity · Jul 2026
Audience: 489 LinkedIn followers
Activity: 1 awards announced in 12 mo
Funding rounds
- Feb 2022Seed—
Investors
Merchant Investment Management
Tech stack
AccessibeAddtoanyAnimate.CssCdnjsCloudflareDrupal
#6
Series A · Minneapolis, Minnesota · founded 2015 · 106 employees—raised▾
Series A · Minneapolis, Minnesota · founded 2015 · 106 employees
Provider of asset management and wealth management investment services. The company specializes in managing assets under alternative investments segments and fixed income relative value strategies.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 13k LinkedIn followers — 7.6% of this cohort's audience
Hiring: 7 hiring posts in 12 mo (public) · momentum -3 · hiring: Repo Trader, Investor Relations Operations Analyst
Funding rounds
- Jul 2019Series A—
Founders & team
Investors
Affiliated Managers Group
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAnimate.CssAstroDigicert
#7
Funding Raised · Saint Paul, Minnesota · founded 1880 · 3109 employees—raised▾
Funding Raised · Saint Paul, Minnesota · founded 1880 · 3109 employees
Securian is a financial holding company. Their products and services include insurance, investment, and retirement solutions. The company has operations in North America. In 2021, the company recorded annual revenues of $7.31B and a net profit of $0.31B.
Investors
OnRamp Insurance Conference
Tech stack
Adobe AnalyticsAdobe Audience ManagerAdobe Experience ManagerAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAdobe Target
Funding & investor landscape
$41.2Mtotal disclosed funding
4companies funded
11disclosed rounds
1rounds last 90 days
Most active investors
Notable founders
Bruce Helmer
Co-Founder · Wealth Enhancement
Andrew Abernathey
CEO & Chairman · Abernathey Holding Company
Andrew J Abernathey
CEO · Meridian Investments I
Jeff Drobny
Founder & CEO · Garda Capital Partners
Prism market signals · United States · country-scoped Prism corpus, 13,477,469 docs
Market landscape — 10 sub-themes by coverage
Share of Asset Management coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
How many Asset Management companies are there in Minnesota, United States?
Radar tracks 63 indexable Asset Management companies headquartered in Minnesota, United States that meet our profile-completeness bar.
What is the total funding raised by Asset Management companies in Minnesota, United States?
The Asset Management companies in Minnesota, United States on this list have raised a combined $41.2M in disclosed equity funding across 4 funded companies.
Which is the highest-funded Asset Management company in Minnesota, United States?
Meridian Investments I is the highest-funded Asset Management company in Minnesota, United States, with $20.8M in disclosed equity funding.
How many Asset Management companies in Minnesota, United States are funded?
4 of the 63 Asset Management companies in Minnesota, United States on this list have disclosed at least one equity funding round.
How many Asset Management unicorns are there in Minnesota, United States?
None of the Asset Management companies in Minnesota, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Minnesota, United States Asset Management companies?
The most active investors in Minnesota, United States Asset Management companies on this list include Affiliated Managers Group, American Family Insurance, Calvert Impact, Lightyear Capital, Merchant Investment Management.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.