Redsky Partners, LLC (Minneapolis)


Redsky Partners, LLC is a large advisory firm based in Minneapolis. It manages $307.9 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of Minnesota.

Redsky Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Redsky Partners: assets under management

The assets under management (AUM) of Redsky Partners, LLC is $307.9 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -62% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $307.9 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $61.58 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Redsky Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
William Paul Miller Owner 1 Feb 2002 50% - 75% 2021755
Gregg Daniels Groechel Owner 1 Feb 2002 50% - 75% 1615128

Based in Minneapolis

The principal office where Redsky Partners, LLC performs its advisory services is located at 800 Nicollet Mall, Minneapolis, MN 55402, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 612-659-4412 or by fax 612-659-4462. The normal business hours are 8:00 a.m - 5:00 p.m. on Monday - Friday.