Fee-only adviser · New Brighton, MN
Boreal Advisors LLC
Boreal Advisors LLC is a fee-only investment adviser registered with the securities regulator of Minnesota, with its main office in New Brighton, Minnesota. On its latest Form ADV, filed October 2, 2026, it reports $60M in regulatory assets under management, 88 individual clients and 1 employee who gives investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | State-registered: Minnesota |
|---|---|
| Firm CRD number | 299618 |
| Office | 929 Old Highway 8 NW Suite 500 New Brighton, MN 55112 |
| Phone | (651) 432-4045 |
| Website | www.borealadvisors.com |
| Regulatory assets under management | $60M ($50M discretionary) |
| Individual clients | 73 non-high-net-worth, 15 high-net-worth |
| Financial planning clients | 0 |
| How it charges | Percentage of assets, Fixed fee |
| Services | Financial planning, Portfolio management |
| Employees | 1 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | October 2, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It offers hourly or fixed-fee arrangements, so you may be able to pay for a plan without handing over your investments.
- It also charges a percentage of assets managed for ongoing investment management.
- Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
- It provides financial planning services, not only portfolio management.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Nearby
- Arden Hills 2 firms
- Shoreview 2 firms
- Roseville 1 firm
- Blaine 2 firms
- St. Paul 12 firms
- Coon Rapids 2 firms
- Minneapolis 41 firms
- White Bear Lake 1 firm
Comparing several firms? Tell us what you need and we will suggest fee-only advisers that fit. Work at Boreal Advisors LLC? Update this listing.