PETROS FAMILY WEALTH, LLC
Adviser information for PETROS FAMILY WEALTH, LLC last updated from Form ADV on March 6th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Minnesota, United States |
Employees
| Total Number of Employees | 6 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 6 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 846 | $169.8M |
| Non-Discretionary | 260 | $61.6M |
| Total | 1,106 | $231.4M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 330 | $75.9M |
| HNW Individuals | 52 | $145.9M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 6 | $2.0M |
| Charitable organizations | 5 | $4.7M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | <5 | $2.9M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 4 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMFixed feesMONTHLY SUBSCRIPTION TO FINANCIAL PLANNING TOOLS |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 61.6M |
| Portfolio Manager | 169.8M |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| PETROS FAMILY WEALTH, LLC | PETROS FAMILY WEALTH, LLC |
Identifiers
| SEC RIA File Number | 801-126983 |
|---|---|
| SEC ERA File Number | 801-126983 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 324059 |
| Legal Entity Identifier | None |
Principal Office
8500 NORMANDALE LAKE BLVDSUITE 850
BLOOMINGTON
MN
United States
Monday - Friday, 9:00AM - 5:00PM
Tel: (612) 643-9995, Fax: (612) 643-9996
Chief Compliance Officer
CARL LYMANGOOD
PRESIDENT
8500 NORMANDALE LAKE BLVD
SUITE 850
BLOOMINGTON
MN
United States
Tel:
(612) 643-9909
Fax:
(612) 643-9996
C***@***********M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| LYMANGOOD, CARL, ROBERT | Individual | – | PRESIDENT AND CHIEF COMPLIANCE OFFICER | 11/2022 | > 75% |