Punch & Associates Investment Management

Punch & Associates Investment Management

John Punch founded Punch & Associates Investment Management in Edina, Minnesota in 1989. The firm has since operated as a registered investment advisor, managing portfolios for high-net-worth families and institutional clients. Brad Punch, John's son, serves as Chief Investment Officer. The firm allocates across public equities, fixed income, private equity, and real assets. It makes direct investments alongside fund commitments, targeting both growth and value opportunities. Geographic focus is primarily North America, with some exposure to developed markets. Known positions include co-investments in middle-market companies and real asset partnerships. The firm maintains its sole office in Edina, with a team that includes investment professionals covering public and private markets. Punch & Associates operates as an RIA rather than a family office, providing discretionary asset management and financial planning services. Brad Punch has held his role as CIO since the 2000s, guiding the firm's asset allocation. Punch & Associates is structurally distinct as a multi-generational RIA that combines outsourced CIO services with direct private market access. The firm does not disclose AUM or make public its client base, maintaining a low-profile posture typical of single-family-office-linked advisors. Its longevity — over 35 years under the same family leadership — gives it a long-term investment horizon uncommon among larger asset managers.