Perceptive Edge Investment Management, Inc. (Wayzata)

Name: Perceptive Edge Investment Management, Inc.
Address: 15600 Wayzata Blvd., Wayzata, MN, 55391
Telephone: 952-476-2770

Perceptive Edge Investment Management, Inc. is a pension cosultant based in Wayzata. It manages $98.64 million of regulatory assets for 138 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Minnesota and Pennsylvania.

Perceptive Edge Investment Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Perceptive Edge Investment Management: assets under management

The assets under management (AUM) of Perceptive Edge Investment Management, Inc. is $98.64 million. The firm's AUM has grown by 69% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $91.31 million in discretionary accounts and $7.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $730.48 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $563.51 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 50% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 27% of the firm’s portfolio. Investments in exchange traded securities form 21% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Perceptive Edge Investment Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Perceptive Edge Investment Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Perceptive Edge Investment Management is high net worth individuals with 19 clients and $69.23 million of assets under management. Among the 9 most similar advisory firms, Perceptive Edge Investment Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $71.72 million for 63 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Perceptive Edge Investment Management doesn't advise any private funds.

Careers at Perceptive Edge Investment Management, Inc.

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brian Gustaf Carrington	President, chief financial officer, chief compliance officer	1 Jan 2002	50% - 75%	2438487
Beth K Carrington	Chief executive officer, treasurer	1 Jan 2002	50% - 75%	4511565

Based in Wayzata

The principal office where Perceptive Edge Investment Management, Inc. performs its advisory services is located at 15600 Wayzata Blvd., Wayzata, MN 55391 The mailing address of the firm is Po Box 604, Wayzata, MN 55391. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 952-476-2770 or by fax 952-960-0129. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at perceptive-edge.com.