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Norwest Capital Advisors, LLC

● SEC registered since 2023CRD 323642SEC# 801-128598Minneapolis, MN
Export (members)
Ranks #1,544 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$3.84B
Fund GAV
$3B
Private funds
12
Employees
40
Accounts
12
Location
Minneapolis, MN

Norwest Capital Advisors, LLC assets under management

Norwest Capital Advisors, LLC operates as an SEC-registered investment adviser based in Minneapolis, MN. The firm has been registered since 2023. It reports $3.8 billion in regulatory assets under management and employs 40 people. Norwest Capital Advisors, LLC manages 12 private funds with combined gross assets of $3 billion, including Norwest Equity Partners X, LP. By regulatory assets, it ranks 1,544 of 6,004 private fund managers.

Norwest Capital Advisors, LLC private funds

12 funds · $3B GAV
FundTypeGross assetsMin.
Norwest Equity Partners X, LPPrivate Equity$1.15B
Norwest Equity Partners IX, LPPrivate Equity$623.9M
Norwest Mezzanine Partners IV - Equity, LPPrivate Equity$340.7M
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Norwest Capital Advisors, LLC owners & executives

9 reported
NameTitleOwnershipSince
Brian Michael Allingham ControlCoo And CfoUnder 5%2022
Norwest Capital Group LP ControlMemberOver 75%2022
Rochelle Ann Rogers ControlDirector Of Legal, CcoUnder 5%2026
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Frequently asked questions

How much does Norwest Capital Advisors, LLC manage?

Norwest Capital Advisors, LLC reports $3.8 billion in regulatory assets under management on its Form ADV.

How many private funds does Norwest Capital Advisors, LLC manage?

Norwest Capital Advisors, LLC manages 12 private funds with combined gross assets of $3 billion.

How many employees does Norwest Capital Advisors, LLC have?

Norwest Capital Advisors, LLC reports 40 employees.

Where is Norwest Capital Advisors, LLC located?

Norwest Capital Advisors, LLC is based in Minneapolis, MN and has been SEC-registered since 2023.

Does Norwest Capital Advisors, LLC disclose fund performance?

Norwest Capital Advisors, LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address250 Nicollet Mall, Suite 950, Minneapolis, MN 55401
Phone(612) 215-1600
Office hours8:00 a.m. - 5:00p.m.
SEC regionChicago Regional Office (CHRO)
Umbrella registrationYes
Discloses disciplinary historyNo

Regulatory AUM

$3.84BNo change
Mar '25 — $3.82BApr '25 — $3.82BMay '25 — $3.82BJun '25 — $3.82BJul '25 — $3.82BAug '25 — $3.82BSep '25 — $3.82BOct '25 — $3.82BNov '25 — $3.82BDec '25 — $3.82BJan '26 — $3.82BFeb '26 — $3.82BMar '26 — $3.84BApr '26 — $3.84BMay '26 — $3.84BJun '26 — $3.84B
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 15%
Larger than 85% of 16,271 advisers
AUM vs fund managersTop 26%
Larger than 74% of 6,004 private-fund managers
Number of fundsTop 21%
More funds than 79% of fund managers
EmployeesTop 14%
More than 86% of 16,825 advisers

Assets under management

$3.84Bregulatory AUM
Discretionary $3.84B

Service providers

Auditor
Custodian