Perkins Capital Management

What Perkins Capital Management does

Perkins Capital Management, Inc. is a privately held, SEC-registered investment adviser founded in 1984 and headquartered at 730 East Lake Street, Wayzata, Minnesota. The firm provides fully discretionary investment management services across equity and fixed income mandates to high-net-worth individuals, trusts, employee benefit plans, tax-exempt organizations, and corporations, with clients primarily concentrated in the Upper Midwest and additional dispersion across the United States and Europe.

The firm's investment process combines fundamental research, technical analysis, and stock price chart review to identify public companies undergoing change — new products, processes, strategies, or management — that may not yet be recognized by the broader market but could produce both earnings growth and multiple expansion (a "double play"). Portfolios are typically concentrated in 20-30 stocks with an under-trading bias and an emphasis on holding winners through market reactions. The fixed income approach prioritizes principal safety, A or better credit quality, yield-curve analysis, and liquidity. All accounts are fully discretionary with assets held by qualified custodians.

Perkins operates as a fee-based RIA charging a percentage of assets under management, billed quarterly: 0.375% per quarter on the first $500,000, 0.25% per quarter on assets above $500,000, and up to 0.50% per quarter on accounts under $250,000, with fees negotiable based on account size and servicing needs. The firm is family-controlled, with Daniel S. Perkins (co-founder, COO, Portfolio Manager) and Richard C. Perkins (President, CCO, Portfolio Manager) as principals alongside VP Portfolio Manager Harry A. L. Lindberg, Jr., and reaches clients through direct consultative relationships and a long-running quarterly newsletter program.

Name

Perkins Capital Management

Legal name

Perkins Capital Management, Inc.

Website

https://perkinscapital.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

Perkins Capital Management is a privately held, SEC-registered investment adviser founded in 1984 in Wayzata, Minnesota, providing fully discretionary equity and fixed income portfolio management to high-net-worth individuals, trusts, plans, non-profits, and corporations across the Upper Midwest, broader US, and Europe.

Ownership category

akta.pro rank

Product category

Investment Management (Discretionary Asset Management)

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Style Equity — Growth (Active) (FSAAAIAI)

akta.pro secondary industries

Sector/Thematic Equity (Active) (FSAAAIAG), Mid-Cap Equity (Active) (FSAAAIAB)

Keywords

• Discretionary investment management
• Equity portfolio management
• Fixed income management
• Wealth management services
• Registered investment adviser

Headquarters

HQ city

Wayzata

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Asset Under Management (AUM) Fees: Perkins Capital Management charges fees based on a percentage of assets under management, billed quarterly. The firm charges 0.375% per quarter for the first $500,000 of assets, 0.25% per quarter for assets exceeding $500,000, and up to 0.50% per quarter for accounts under $250,000. All accounts are fully discretionary.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Perkins Capital Management is a registered investment adviser providing fully discretionary investment management services for equity and fixed income securities. The firm concentrates on identifying public companies undergoing change (new products, processes, strategies, or management) that may result in higher earnings and price/earnings multiple expansion, holding concentrated portfolios of 20-30 stocks.

Product overview

Perkins Capital Management is a single unified investment advisory firm that provides discretionary portfolio management services. The firm primarily focuses on equity investments, seeking companies undergoing change that may result in higher earnings and stock appreciation. The firm also manages fixed income portfolios for clients requiring higher current income or reduced volatility. All accounts are fully discretionary with assets held by a qualified custodian.

Differentiator

Problem solved

Functional benefit

Products and services

• Discretionary Investment Management Services Fully discretionary investment management services covering equity and fixed income securities, provided on a consultative, relationship-based basis to high-net-worth individuals, trusts, employee benefit plans, tax-exempt organizations, and corporations. The firm concentrates on identifying companies undergoing change that may result in higher earnings and price/earnings multiple expansion and constructs concentrated 20-30 stock portfolios.

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• Ariel Investments: Concentrated, fundamentally driven active equity manager serving HNW individuals and institutions with a long-horizon approach; directly comparable in investment philosophy and target client base to Perkins.
• Tweedy, Browne Company: Long-tenured, family-influenced boutique active equity manager emphasizing fundamental research on undervalued or change-driven companies with a concentrated portfolio, very similar in scale and philosophy to Perkins Capital Management.
• Jensen Investment Management: Boutique concentrated quality-growth equity manager headquartered in the Pacific Northwest, holding roughly 30-40 stocks using a disciplined fundamental approach; comparable in AUM scale and concentrated active strategy to Perkins.
• Westwood Holdings Group: Concentrated, fundamentally driven equity manager with institutional and intermediary distribution; comparable as a small/mid-cap focused active equity boutique but publicly traded with broader institutional reach.
• FPA (First Pacific Advisors): Boutique active manager with multiple concentrated equity strategies emphasizing fundamental, change-driven investing; a closely comparable pure-play active equity peer with similar client mix and fee structure.
• Oak Associates: Boutique concentrated equity manager focused on U.S. large- and mid-cap names with a fundamental, change-catalyst orientation; comparable boutique RIA with similar AUM scale and philosophy.

Emerging players

• Wealthfront: Leading digital-first RIA offering automated, low-fee portfolio management to HNW and mass-affluent clients; an emerging competitive threat targeting younger HNW clients who may otherwise have engaged traditional RIAs like Perkins.

Broad incumbents

• Fisher Investments: Large private RIA providing discretionary portfolio management to HNW and institutional clients with a fundamental, top-down/macro-tilted approach; a much larger incumbent peer competing in similar client segments.
• Charles Schwab Investment Management: Large incumbent offering managed portfolio and ETF solutions including Schwab Intelligent Portfolios; competes with Perkins at the lower end of the HNW segment through digitally-enabled advisory services.
• Loomis Sayles: Larger multi-strategy active investment manager (Natixis-owned) offering equity and fixed income capabilities including concentrated fundamental strategies; broader incumbent competing for similar HNW and institutional mandates at greater scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/perkins-capital-management-inc.

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Perkins Capital Management