Fee-only adviser · Wayzata, MN
Perkins Capital Management Inc
Perkins Capital Management Inc is a fee-only investment adviser registered with the U.S. Securities and Exchange Commission, with its main office in Wayzata, Minnesota. On its latest Form ADV, filed July 24, 2026, it reports $148M in regulatory assets under management, 128 individual clients and 3 employees who give 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 | SEC-registered |
|---|---|
| Firm CRD number | 105028 · SEC file 801-22888 |
| Office | 730 Lake Street East Wayzata, MN 55391 |
| Phone | (952) 473-8367 |
| Website | www.perkinscapital.com |
| Regulatory assets under management | $148M |
| Individual clients | 72 non-high-net-worth, 56 high-net-worth |
| Financial planning clients | 0 |
| How it charges | Percentage of assets |
| Services | Portfolio management |
| Employees | 9 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | July 24, 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 charges only as a percentage of the assets it manages. Ask about the fee schedule and any account minimum, which Form ADV Part 1 does not record.
- Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
- It sponsors or manages a wrap fee program; ask what the bundled fee covers.
- 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.
Other fee-only advisers in Wayzata
- 360 Financial $770M
- Bannerstone Capital $155M
- Perceptive Edge Investment Management, Inc. $505M
- Somerset Group LLC $146M
- Minneapolis Portfolio Management Group, LLC $1.1B
- Rocket Capital Management, L.L.C. $32M
See all 8 fee-only advisers in Wayzata →
Nearby
- Deephaven 1 firm
- Plymouth 10 firms
- Spring Park 1 firm
- Excelsior 3 firms
- Minnetonka 11 firms
- Chanhassen 1 firm
- St. Louis Park 5 firms
- Golden Valley 1 firm
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