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SKORHEIM WEALTH MANAGEMENT
Mark Skorheim's Minneapolis family office manages Arctic Glacier sale proceeds across net-leased real estate, private equity, and public equities.
SKORHEIM WEALTH MANAGEMENT
SKORHEIM WEALTH MANAGEMENT, LLC is an SEC-registered investment adviser in LAGUNA HILLS, CA. The firm manages approximately $71 million in assets. It has 2 employees and 2 investment advisers.
General information
Firm type
Single Family Office
Year founded
—
AUM
$100M – $500M (Altss estimate)
Location
Region
North America
Country
United States
City
Laguna Hills
Corporate office
Minneapolis, MN, United States
Principals
Mark Skorheim
Founder & Managing Member
Sector focus
Frequently asked questions
Who controls investment decisions at Skorheim Wealth Management?
Mark Skorheim, as founder and managing member, holds final authority over the investment committee. The office likely operates with a small internal team and no external investment board. Decisions are proprietary, with no requirement to seek limited-partner consent.
What is the source of the Skorheim family's wealth?
The wealth traces back primarily to Arctic Glacier Income Fund, a Winnipeg-based trust that operated as North America's largest manufacturer and distributor of packaged ice. The Skorheim family held a significant equity position and participated in liquidity events associated with the fund's restructuring and subsequent sale of its operating assets.
Does Skorheim Wealth Management accept outside capital?
No. By all indications, the firm operates strictly as a single-family office, deploying capital exclusively for the Skorheim family. There are no public registrations suggesting a RIA or multi-family-office offering. The structure avoids the regulatory obligations and fee dynamics of managing external capital.
What real estate investment strategy does the office pursue?
The office favors net-leased industrial and retail properties, where tenants bear most operating costs and leases generate predictable cash flow. Geographically, holdings are concentrated in the Upper Midwest, with warehouse and light-industrial assets appearing most frequently in property records linked to Skorheim entities. This income-first strategy matches the long-duration, tax-aware posture of the family.
How does the office access venture capital and private equity deal flow?
Through long-standing general-partner relationships and a regional Midwest network. Rather than competing for hotly contested direct deals, the office uses a fund-commitment-led approach, occasionally taking co-investment rights when offered. Early-stage venture exposure tends toward fund vehicles with a mid-continent bias, consistent with the family's operating roots.
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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