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The 30 largest financial services firms in Minneapolis

Tamtam tracks 39 financial services firms headquartered in Minneapolis. This list ranks the 30 largest by number of employees on LinkedIn, led by U.S. Bank, Ameriprise Financial Services, LLC and Thrivent. Their median headcount is 313. Half of them were founded in 1987 or later.

馃嚭馃嚫 Minneapolis30 companiesUpdated Nov 12, 2026

The financial services sector in Minneapolis is characterized by a mix of large, established firms and mid-sized companies, with a strong presence in banking, investment, and insurance. U.S. Bank, a large commercial bank, offers personal and digital banking services globally. Ameriprise Financial Services, LLC provides extensive investment advice and asset management, while Thrivent focuses on financial advice, insurance, and investments. Allianz Life specializes in annuities and life insurance. Most of the companies listed are headquartered in Minneapolis.

Many of these firms have a long history, with several founded in the late 19th or early 20th centuries, including Ameriprise Financial Services, LLC (1894), Thrivent (1902), and Piper Sandler (1895). This suggests a mature and well-rooted financial industry in the city. Beyond traditional finance, Northmarq is active in commercial real estate debt and equity, and UCare is a nonprofit health plan provider.

#CompanyIndustryHeadquarters EmployeesFounded
1
U.S. Bankusbank.com

A leading commercial bank offering a blend of personal service and digital tools to serve millions of clients worldwide

Banking 馃嚭馃嚫 Minneapolis 87,474 n/a
2
Ameriprise Financial Services, LLCameriprise.com

Extensive investment advice, asset management, and insurance capabilities provided through a nationwide network of financial advisors to serve individual and institutional investors.

Financial Services 馃嚭馃嚫 Minneapolis 17,704 1894
3
Thriventthrivent.com

The company reimagines financial services to help individuals and communities thrive through financial advice, insurance, investments, banking, and generosity programs

Financial Services 馃嚭馃嚫 Minneapolis 8,999 1902
4
Allianz Lifeallianzlife.com

Provider of fixed index annuities, indexed universal life insurance, and investment advisory services focused on retirement and financial risk management.

Insurance 馃嚭馃嚫 Minneapolis 4,002 n/a
5
Piper Sandlerpipersandler.com

A leading investment bank offering a full suite of products and services to clients globally, specializing in various sectors and geographies

Financial Services 馃嚭馃嚫 Minneapolis 2,127 1895
6
Northmarqwelcome.northmarq.com

A national provider of debt, equity, and loan servicing for commercial real estate owners, also offering investment sales services for multifamily assets

Real Estate 馃嚭馃嚫 Minneapolis 1,286 1960
7
UCareucare.org

Nonprofit health plan providing coverage and services in Minnesota and parts of Wisconsin, including Medicare Advantage, MSHO, individual/family plans, and programs for seniors and adults with disabilities

Hospitals and Health Care 馃嚭馃嚫 Minneapolis 1,193 1984
8
ECMCecmc.org

Nonprofit organization dedicated to helping students succeed by lowering loan default rates, sponsoring college access initiatives, and providing financial education resources

Financial Services 馃嚭馃嚫 Minneapolis 868 1994
9
Piper Jaffraypipersandler.com

A leading investment bank and institutional securities firm offering a full suite of products, deep expertise in core sectors, and global reach

Financial Services 馃嚭馃嚫 Minneapolis 559 1895
10
Luminate Bankluminate.bank

National digital financial partner offering home financing, everyday banking, and long-term financial success through innovative lending solutions and personalized guidance.

Banking 馃嚭馃嚫 Minneapolis 534 1937
11
Bell Bank Mortgagebell.bank

A leading mortgage company with over 135 years of experience, providing exceptional service and high integrity to help families achieve home ownership

Financial Services 馃嚭馃嚫 Minneapolis 514 1880
12
North Star Resource Groupnorthstarfinancial.com

Minneapolis-based financial services provider with a network of advisors offering wealth management, preservation, protection, and annual contributions to nonprofits

Financial Services 馃嚭馃嚫 Minneapolis 391 1908
13
HomeServices of Americahomeservices.com

Provider of integrated real estate services including brokerage, mortgage, title, insurance, and relocation services for an exceptional home buying experience

Real Estate 馃嚭馃嚫 Minneapolis 360 1998
14
Surestsurest.com

A UnitedHealthcare company redesigning health insurance with no deductibles, upfront pricing, and an intuitive digital experience to lower premiums

Insurance 馃嚭馃嚫 Minneapolis 356 2016
15
Castlelakecastlelake.com

Global private investment firm managing $22B in assets, specializing in real assets, specialty finance, and aviation investments with a focus on long-term relationships

Financial Services 馃嚭馃嚫 Minneapolis 313 2005

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16
U.S. Bancorp Asset Managementusbancorpassetmanagement.com

Specializing in managing investment-grade fixed income strategies for institutional and retail clients, offering money market funds, separately managed portfolios, and securities lending programs

Financial Services 馃嚭馃嚫 Minneapolis 284 1982
17
NorthRock Partnersnorthrockpartners.com

Wealth advisory firm in Minneapolis offering comprehensive wealth management services to affluent clients across the United States Visit wwwnorthrockpartnerscom for more info

Financial Services 馃嚭馃嚫 Minneapolis 253 n/a
18
Luminate Home Loans, Inc.goluminate.com

Empowering individuals by providing clarity and transparency in the lending process, guiding them towards decisions that align with their best interests

Banking 馃嚭馃嚫 Minneapolis 229 1998
19
AB CarValcarvalinvestors.com

Global alternative investment fund manager specializing in distressed credit markets and assets, focusing on value creation and risk-adjusted returns.

Investment Management 馃嚭馃嚫 Minneapolis 228 1987
20
Portico Benefit Servicesporticobenefits.org

Non-profit provider of health and retirement benefits for ELCA and faith-based organizations, helping members live well throughout their ministry and lives

Financial Services 馃嚭馃嚫 Minneapolis 200 1987
21
Computershare Corporate Trustcomputershare.com

A market leader in trustee and agency services for companies, asset managers, and governments, offering a wide range of services in corporate finance and debt issuance

Financial Services 馃嚭馃嚫 Minneapolis 186 n/a
22
Focus Financial Network, Inc.focusfinancial.com

A leading non-proprietary financial advisory firm providing independent, client-focused advice with over $675 billion in assets under management

Financial Services 馃嚭馃嚫 Minneapolis 153 1993
23
Ascent Private Capital Management of U.S. Bankascent.usbank.com

Ascent Private Capital Management helps wealthy families preserve and grow their assets while creating a lasting legacy across generations

Financial Services 馃嚭馃嚫 Minneapolis 102 n/a
24
Pine River Capital Managementpinerivercapital.com

Global asset management firm specializing in relative value strategies in financial markets, offering hedge funds and separate accounts to qualified clients Operating in multiple offices

Financial Services 馃嚭馃嚫 Minneapolis 84 2002
25
Whitebox Advisorswhiteboxadvisors.com

An SEC registered investment adviser offering multi-strategy alternative asset management to generate optimal risk-adjusted returns for various clients since 1999

Investment Management 馃嚭馃嚫 Minneapolis 81 n/a
26
Sit Investment Associates, Inc.sitinvest.com

Global asset management firm offering growth equity and fixed income products to institutional and individual investors through customized portfolios and investment funds

Investment Management 馃嚭馃嚫 Minneapolis 71 1981
27
U.S. Financial Advisory and Audit Firm (USFAAF) Inc.usfaaf.com

Global leader in Immigration Investment, Financial litigation, FATCA, US Taxes, Advisory, and Audit Assisting clients with fraud investigations, valuation, mergers/acquisitions

Financial Services 馃嚭馃嚫 Minneapolis 67 1993
28
WINSLOW CAPITALwinslowcapital.com

Registered investment adviser providing growth equity solutions, specializing in US Large Cap Growth and Growth Capital strategies with a focus on client outcomes and risk management

Investment Management 馃嚭馃嚫 Minneapolis 45 1992
29
Northland Capital Markets, a Division of Northland Securities, Inc.northlandsecurities.com

Full-service investment bank providing financing, M&A advisory services, actionable research ideas, and industry expertise in various sectors Also offers wealth management and insurance products

Capital Markets 馃嚭馃嚫 Minneapolis 39 2002
30
Nepsis, Inc.nepsis.com

Nepsis, Inc offers advisory services based on the principle of Investing With Clarity庐, emphasizing honesty, competence, and transparency for better wealth and life

Financial Services 馃嚭馃嚫 Minneapolis 34 1994

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How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Nov 12, 2026.

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