AKM Advisory

AKM Advisory, LLC is a Minnesota-registered investment adviser that provides discretionary portfolio management primarily to individual and high‑net‑worth clients, constructing an Investment Policy Statement for each client and monitoring portfolios on a regular basis. While the firm’s clientele is largely individual, its Form ADV discloses that it also serves a range of institutional entities — including a sovereign wealth fund, state and municipal governments, banking/thrift institutions, insurance companies, and other investment advisers.

As of December 31, 2025, AKM managed approximately $84.6 million in discretionary assets across two advisors and uses modern portfolio theory and a long‑term trading approach to build portfolios, typically favoring ETFs and mutual funds with a notable allocation to municipal bonds. The firm operates with discretionary trading authority, directs clients to custody at Schwab Advisor Services, and documents client goals, risk tolerance, and restrictions in individualized IPSs.

What is distinctive for a firm of this size is the mix of small‑firm structure with institutional client types that often have liability‑ or tax‑sensitive needs, which aligns with the firm’s meaningful use of fixed‑income and municipal strategies. AKM manages all client assets internally (it does not select third‑party managers), does not participate in wrap programs, and discloses it does not accept performance‑based fees.