Fiduciary Wealth

What Fiduciary Wealth does

Fiduciary Wealth, operating under the legal entity Safe Harbor Capital Management LLC, is a fee-only Registered Investment Adviser founded in 2015 by Curtis Purington and based in Bloomington, Minnesota. The firm provides discretionary portfolio management, investment advice, and financial planning to qualified individual investors in the Twin Cities metropolitan area and Minnesota, with all client assets custodied independently at Axos Advisor Services. Its stated investment approach involves direct ownership of individual companies with a "proven history of creating shareholder value," explicitly avoiding third-party mutual funds and packaged products in order to minimize hidden fees, over-diversification, and conflicts of interest.

The business model is a recurring advisory fee structure (subscription/annual billing cadence) with no commissions, sales charges, or product placement revenue. Distribution is entirely direct: clients are acquired through consultation-based sales rather than brokers, dealers, or third-party channels, and the firm only solicits clients in states where it is properly registered. The current operating team consists of founder/portfolio manager Curtis Purington and executive assistant Nicole Hall, with total headcount reported in the 1–10 range.

The firm's competitive positioning is anchored on its true fiduciary status (legally binding it to client-first conduct), complete transparency on holdings and costs, and a values-based, conviction-led investment process. Geographic operations are constrained to Minnesota, with no publicly disclosed AUM, revenue, or client count, and no technology platform or AI capabilities underlying the service.

Name

Fiduciary Wealth

Legal name

Safe Harbor Capital Management LLC

Website

https://fiduciarymn.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Fiduciary Wealth is a fee-only Registered Investment Adviser in Bloomington, Minnesota, founded in 2015, that provides discretionary portfolio management and financial planning to qualified individual investors in the Twin Cities area using a direct-investment, fiduciary-only model with assets custodied at Axos Advisor Services.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Fiduciary Investment Management (Trust Portfolios) (FSAEAKAI)

akta.pro secondary industries

Personal Trust & Fiduciary Administration (FSAEAKAA), Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight) (FSAAABAF)

Keywords

• Wealth management services
• Investment advisory
• Fiduciary financial planning
• Portfolio management
• Registered investment adviser

Headquarters

HQ city

Bloomington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Advisory Fees: Fiduciary Wealth operates as a fee-only Registered Investment Adviser. The firm earns revenue through advisory fees rather than commissions, eliminating conflicts of interest associated with product sales or third-party fund placements.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Fiduciary Wealth is a fee-only Registered Investment Adviser that manages individual client portfolios by investing directly in publicly traded companies with proven records of creating shareholder value, rather than placing client assets in third-party mutual funds or packaged products. Services include discretionary portfolio management, transparent fee-only advisory, and custody of client assets held independently at Axos Advisor Services under the legal entity Safe Harbor Capital Management LLC. The firm serves qualified individual investors in Minnesota and the Twin Cities area.

Product overview

Fiduciary Wealth offers a unified wealth management service built around its fiduciary obligations. As a fee-only Registered Investment Adviser, the firm provides direct portfolio management focusing on individual company investments rather than mutual funds or packaged products. The service includes discretionary trading authority, transparent fee structures, and third-party asset custody through Axos Advisor Services for investor protection. All offerings are centered on the fiduciary standard of care with no commissions, sales quotas, or conflicts of interest.

Differentiator

Problem solved

Functional benefit

Products and services

• Fiduciary Wealth Management Services Fee-only registered investment adviser services providing portfolio management under a fiduciary standard of care, focused on direct investment in individual companies with proven wealth-creation records rather than mutual funds or packaged products. Targeted at qualified individual investors and households.
• Investment Advisory Unbiased investment advice delivered with full transparency on investments, risks, costs, and terms. The firm operates under discretionary authority to buy and sell investments on behalf of clients and is held to a fiduciary standard of care. For qualified individual investors.
• Third-Party Custody Services Client assets held at Axos Advisor Services, an independent third-party custodian, providing asset protection, segregation, regulatory compliance, and independent verification of account statements for client portfolios.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

One partnership is on record.

• Axos Advisor ServicescoreOthersAxos Advisor Services serves as the independent third-party custodian for client assets. This partnership ensures investor protection through asset segregation, regulatory compliance, and independent account verification and statements.

Scale indicators1 record

Recent moves4 records

Expansion highlights2 records

Direct peers

• Facet Wealth: Tech-enabled fee-only fiduciary RIA offering flat-fee financial planning and portfolio management. Directly comparable as a fee-only fiduciary adviser built around transparency and modern delivery.
• Wealthfront: Automated fiduciary investment platform offering low-fee portfolio management. Direct competitor on fee-only fiduciary advice, especially relevant for younger, cost-sensitive investors.
• Betterment: Leading robo-advisor operating as a fiduciary RIA with low-fee portfolio management. Directly competes on the same fee-only fiduciary value proposition, but at a much lower price point via technology.
• Empower (formerly Personal Capital): Hybrid digital-and-human fee-only RIA offering portfolio management with fiduciary standard. Most comparable as a fee-only fiduciary adviser differentiated by transparency and direct-investing ethos.

Broad incumbents

• Vanguard Personal Advisor Services: Fee-based advisory service from Vanguard combining digital tools with human advisors acting in a fiduciary capacity. Comparable fiduciary, fee-only model but with massive scale and low cost.
• Hightower Advisors: Wealth management firm and RIA network providing fiduciary investment advice to HNW clients. Comparable fee-based fiduciary model but at greater scale and with institutional backing.
• Carson Wealth: RIA platform serving individuals with fiduciary advice and wealth management. Comparable fiduciary, fee-based RIA but operating through a much larger affiliated advisor network.
• Fisher Investments: Large, established fee-only investment adviser serving individuals and institutions. Closely comparable business model (fee-only discretionary portfolio management) but operating at vastly greater scale and geographic reach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/safe-harbor-capital-management-llc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Fiduciary Wealth