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NORWEST CAPITAL ADVISORS, LLC

C31
CRD 323642·SEC 801-128598·MINNEAPOLIS, MN
AUM
$3.84B
$1B+
Est. Revenue
$38.4M
@ 1% on AUM
Est. EBITDA
$11.5M
@ 30% margin
Est. Deal Value
$92.1M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
NORWEST CAPITAL ADVISORS, LLC
CRD
323642
SEC file #
801-128598
EIN
—
DBA names
—

Economics

AUM
$3.84B
AUM band
$1B+
AUM trajectory
'25'26
$3.82B → $3.84B▬ 0%
Client mix
Pooled Investment Vehicles12

Operations

Employees (total)
40
Advisory staff (per ADV)
28
Advisory staff (5-yr trend)
'25'26
29 advisors → 28 advisors▼ -3%
Primary office
MINNEAPOLIS MN
Branches
—

Custodian & Brokerage

Primary custodian
Wells Fargolow confidence
Services offered
Portfolio mgmt — pooled vehicles
Fee basis
% of AUMPerformance-based fees

Filings

Latest ADV filing
04/30/2026
ADV-W filed at
—
Website
linkedin.com/company/norwest-equity-partners(social)

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
NORWEST CAPITAL GROUP LP
Top Owner Pct
87.5
Top Owner Entity Kind
DE
Owner Count
4
Control Persons
NORWEST CAPITAL GROUP LP
ALLINGHAM, BRIAN, MICHAEL
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
Yes

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
fallback_guess:norwest.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Registered
No

Compliance & brand

Firm Registration Status
active

All other collected signals (8)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
0
Bc Firm IAR Count
0
Custodian Candidates
Full
Wells Fargo24
E*trade4
Firm Has Custody
Yes
Mailing Office Differs
No
Trust Company Affiliate
Yes

People (3)

3
ALLINGHAM, BRIAN, MICHAEL
Executive Officer · 2.5%
7652179
DEVRIES, TIMOTHY, CHARLES
Executive Officer · 2.5%
1322073
ROGERS, ROCHELLE, ANN
Executive Officer · 2.5%
8253110