Bannerstone Capital Management provides financial planning and portfolio management for individuals and small businesses.
Bannerstone Capital Management reports 106 clients. They include 78 individual clients and 28 high-net-worth individuals. Of its assets, 100.0% ($155M across 549 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 74% | 21% |
| High-net-worth individuals | 26% | 79% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 78 | $32.4M | 20.9% | $416K |
| High-net-worth individuals | 28 | $123M | 79.1% | $4.39M |
| Total | 106 | $155M | 100% | $1.47M |
- Clients
- 78
- Regulatory AUM
- $32.4M
- AUM share
- 20.9%
- Avg. per client
- $416K
- Clients
- 28
- Regulatory AUM
- $123M
- AUM share
- 79.1%
- Avg. per client
- $4.39M
Total
- Clients
- 106
- Regulatory AUM
- $155M
- AUM share
- 100%
- Avg. per client
- $1.47M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Bannerstone Capital Management charges 1.00% a year for its Managed equity accounts. The fee is negotiable.
Fee details and sources
Gregory Robillard owns 75% or more of Bannerstone Capital Management. The leadership team of Bannerstone Capital Management includes Chief Compliance Officer Gregory Robillard. It has 3 employees.
Leadership
- Gregory RobillardChief Compliance Officer & Managing Member
- Scott LarsonMember
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Bannerstone Capital Management, LLC
Gregory Robillard
Control person · since May 2008
- Owns 10% to 25% of Bannerstone Capital Management, LLC
Scott Larson
Control person · since May 2008
Bannerstone Capital Management’s regulatory assets grew from $144M (July 2025) to $155M (March 2026); clients were 106 in both filings and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $155M | 106 | 3 | 1 |
| July 2025 | $144M | 102 | 3 | 1 |
Besides its headquarters, Bannerstone Capital Management has 0 offices, with 1 listed address in Minnesota.
Minnesota · 1 listed address
- 328 Barry Avenue South, Suite 210, WayzataHQ
Contact and registration details
- Legal name
- Bannerstone Capital Management, LLC
- Headquarters
- 328 Barry Avenue South, Suite 210, Wayzata, MN 55391
- Website
- bannerstonecapital.com
- Phone
- 952-249-8888
- SEC file
- 801-132043
- Structure
- Minnesota LLC
- Fiscal year end
- December
Bannerstone Capital Management uses Charles Schwab ($153M) as custodian for its separately managed accounts. Bannerstone Capital Management has custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $153M100%
At year end, Bannerstone Capital Management’s separately managed accounts were mostly in stocks (69%) and funds (23%). Its reported 13F holdings for the quarter ended 30 June 2026 total $119M across 113 positions; the largest are Nvidia Corporation (5.0%), Apple Inc. (4.8%) and Lam Research Corp. (4.0%).
What the accounts hold
- Stocks69%
- Funds23%
- Bonds7%
- Investment grade corporate bonds4%
- U.S. government and agency bonds1%
- State and local bonds1%
- High-yield corporate bonds1%
- Cash2%
Reported 13F holdings
- $119M
- Reported 13F value
- 113
- Positions
- 34.4%
- In the 10 largest
- +10.7%
- Value vs. prior quarter
- Nvidia Corporation5.0%
- Apple Inc.4.8%
- Lam Research Corp.4.0%
- Berkshire Hathaway Inc. Del · CL B New3.8%
- Goldman Sachs Group Inc.3.6%
- Palantir Technologies Inc. · CL A3.0%
- JPMORGAN Chase & CO2.7%
- Factset Resh Sys Inc.2.7%
- Vertiv Holdings CO · Com CL A2.4%
- Quanta Svcs Inc.2.4%
Together, the ten largest are 34.4% of reported value.
How many clients does Bannerstone Capital Management have?
Bannerstone Capital Management has 106 clients and manages $155 million for them, as of March 2026. They include 78 individual clients and 28 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 March 2026
What services does Bannerstone Capital Management offer?
Bannerstone Capital Management provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Bannerstone Capital Management charge?
Bannerstone Capital Management charges 1.00% a year for its Managed equity accounts. The fee is negotiable.
Which custodians does Bannerstone Capital Management use?
Bannerstone Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $153M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 March 2026
How many financial advisors does Bannerstone Capital Management have?
Bannerstone Capital Management has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Bannerstone Capital Management invest in?
At the end of its last fiscal year, Bannerstone Capital Management’s separately managed accounts held 69% exchange-traded equities, 23% registered funds (mutual funds, ETFs, BDCs), 4% investment grade corporate bonds, 2% cash and equivalents, 1% U.S. government and agency bonds, 1% state and local bonds and 1% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Bannerstone Capital Management?
Bannerstone Capital Management’s direct owners are Gregory Robillard (75% or more) and Scott Larson (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 16 March 2026
How does Bannerstone Capital Management get paid?
Bannerstone Capital Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Bannerstone Capital Management?
Bannerstone Capital Management’s main office is at 328 Barry Avenue South, Suite 210, Wayzata, MN 55391. Its phone number is 952-249-8888. Its website is bannerstonecapital.com.