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Element Squared Private Wealth
Element Squared Private Wealth was established in 2020, founded in Minneapolis against the backdrop of a historic shift toward independent registered...
Element Squared Private Wealth
Element Squared Private Wealth was established in 2020, founded in Minneapolis against the backdrop of a historic shift toward independent registered investment advisers. Its formation was contemporaneous with a wave of wirehouse breakaway teams, though the firm has not publicly detailed its founding team or specific lineage. The entity operates as a fee-only fiduciary serving individuals, high-net-worth families, and related trusts. The firm's stated capabilities span investment advisory services, financial planning, portfolio management, retirement planning, and broad investment management. Its geographic focus centers on Minnesota and the Upper Midwest, with client relationships built around comprehensive wealth management rather than transactional brokerage. The absence of publicly disclosed strategy documents suggests a conventional multi-asset-class approach, likely spanning equities, fixed income, and alternatives typical of an RIA serving mass-affluent to high-net-worth households. Element Squared has not disclosed named portfolio companies, proprietary fund structures, or co-investment vehicles. Headquartered in Minneapolis, the firm has not published team size, AUM figures, or the identity of its principals. No philanthropic foundations, adjacent operating businesses, or external club memberships are associated with Element Squared in the public record. The lack of a firm LinkedIn presence, media mentions, or regulatory disclosures beyond standard ADV filings indicates an intentionally low-profile practice. Given its founding in 2020, the firm's operations span just over half a decade, with no dated operational events or strategic pivots confirmed in the last 24 months. Element Squared's structural posture is that of a classic boutique RIA — small, local, and private — operating without the visibility or institutional scale that attracts GP co-investment, family-office peer benchmarking, or allocator scrutiny. This minimalist market footprint, combined with its founding during a period of mass adviser migration to independence, positions it within the broad, fragmented universe of solo and small-team wealth managers serving a defined geographic radius. That lack of differentiation is itself the structural note: the firm does not appear to compete on brand, scale, or alternative-asset access, but on proximity and personal fiduciary relationships.
General information
Firm type
Bank / Wealth / Trust
Year founded
2020
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Minneapolis
Corporate office
Minneapolis, MN, United States
Frequently asked questions
Who runs investment decisions at Element Squared Private Wealth?
The firm has not publicly disclosed its founding team, investment committee, or key decision-makers. Element Squared's regulatory filings would typically list its control persons, but those details do not appear in available public records, suggesting a small, closely held practice.
Is Element Squared structured as a single family office or a wealth management firm?
Element Squared is categorized as a bank/wealth/trust entity — a registered investment adviser (RIA) serving multiple clients rather than a single-family office. It provides financial planning and portfolio management to individuals and high-net-worth families, which distinguishes it from a dedicated SFO managing one family's capital.
Does Element Squared participate in fund commitments or only direct mandates?
No public documentation indicates that Element Squared participates in fund commitments, direct co-investments, or alternative-asset allocations beyond standard managed-portfolio constructs. Most small to mid-sized RIAs of this profile focus on direct equity and fixed-income portfolios, though the firm has not confirmed its specific investment-vehicle usage.
Where does the underlying wealth come from for Element Squared's clients?
Element Squared has not disclosed its client base or their wealth origins. Given its Minneapolis location, the firm likely serves a mix of local corporate executives, business owners, and professionals — a common concentration in the Upper Midwest's manufacturing, healthcare, and financial-services corridors — but no attribution is confirmed.
How does Element Squared source its clients?
The firm has not described its client acquisition model. Independent RIAs of Element Squared's apparent size and vintage typically rely on professional referrals, local community networks, and personal introductions rather than institutional marketing or custodial-platform referrals. The absence of a LinkedIn presence suggests a deliberate low-visibility posture.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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