Boulevard Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, and educational seminars. Financial planning was provided to 101–250 clients last fiscal year.
Boulevard Wealth Management reports 268 clients. They include 229 individual clients, 37 high-net-worth individuals, and 2 pension and profit-sharing plans. Of its assets, 98.3% ($117M across 847 accounts) are managed with discretion; $2.09M across 11 accounts are not. It advised 11 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 85% | 38% |
| High-net-worth individuals | 14% | 60% |
| Pension and profit-sharing plans | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 229 | $45.9M | 38.4% | $200K |
| High-net-worth individuals | 37 | $71.5M | 59.8% | $1.93M |
| Pension and profit-sharing plans | Fewer than 5 | $2.09M | 1.7% | $1.04M |
| Total | 268 | $119M | 100% | — |
- Clients
- 229
- Regulatory AUM
- $45.9M
- AUM share
- 38.4%
- Avg. per client
- $200K
- Clients
- 37
- Regulatory AUM
- $71.5M
- AUM share
- 59.8%
- Avg. per client
- $1.93M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.09M
- AUM share
- 1.7%
- Avg. per client
- $1.04M
Total
- Clients
- 268
- Regulatory AUM
- $119M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 11
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Boulevard Wealth Management charges 0.75%–1.25% a year for its Portfolio Advisory Services. The fee is billed in advance, is negotiable and has a $2,500 annual minimum. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Held Away Assets Management
- Fees for managing accounts held away from BOULEVARD are billed quarterly in advance on the account value; the rate is not stated in the brochure.
- Research and Information Gathering
- Research or information-gathering work is charged at $275 per hour.
- Strategic Advisory Services
- Project fee quoted in advance; per-person hourly rates from $100 to $400, with a minimum of $2,500 or $5,000 depending on client category.
Troy Noor owns 50% to 75% of Boulevard Wealth Management. The leadership team of Boulevard Wealth Management includes Chief Compliance Officer Troy Noor. It has 5 employees, 4 of them in advisory roles.
Staff
- 5 employees
- 4 in advisory functions
- 4 state-registered reps
- 3 insurance agents
- Owns 50% to 75% of Boulevard Wealth Management, Inc.
Troy Noor
Control person · since November 2013
- Owns 10% to 25% of Boulevard Wealth Management, Inc.
Derek Villars
Control person · since January 2014
- Owns 5% to 10% of Boulevard Wealth Management, Inc.
Brennan McCarthy
Control person · since February 2017
Besides its headquarters, Boulevard Wealth Management has 0 offices, with 1 listed address in 1 state.
Minnesota · 1 listed address
- 7825 Washington Avenue, Suite 100, BloomingtonHQ
Other business names
Boulevard Wealth Management has reported 1 other business name to the SEC.
- Boulevard Wealth
Contact and registration details
- Legal name
- Boulevard Wealth Management, Inc.
- Headquarters
- 7825 Washington Avenue, Suite 100, Bloomington, MN 55439
- Website
- boulevardwealth.com
- Phone
- 877-664-2583
- SEC file
- 801-134380
- Structure
- Minnesota corporation
- Fiscal year end
- December
Boulevard Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($117M). Boulevard Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $117M100%
At year end, Boulevard Wealth Management’s separately managed accounts were mostly in funds (94%).
What the accounts hold
- Stocks2%
- Funds94%
- Cash4%
How many clients does Boulevard Wealth Management have?
Boulevard Wealth Management has 268 clients and manages $119 million for them, as of April 2026. They include 229 individual clients, 37 high-net-worth individuals, and 2 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 April 2026
What services does Boulevard Wealth Management offer?
Boulevard Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Boulevard Wealth Management charge?
Boulevard Wealth Management charges 0.75%–1.25% a year for its Portfolio Advisory Services. The fee is billed in advance, is negotiable and has a $2,500 annual minimum.
Which custodians does Boulevard Wealth Management use?
Boulevard Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $117M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 April 2026
How many financial advisors does Boulevard Wealth Management have?
Boulevard Wealth Management has 4 investment adviser representatives registered with state securities authorities, out of 5 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 employees are 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 Boulevard Wealth Management invest in?
At the end of its last fiscal year, Boulevard Wealth Management’s separately managed accounts held 94% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents and 2% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Boulevard Wealth Management?
Boulevard Wealth Management’s direct owners are Troy Noor (50% to 75%), Derek Villars (10% to 25%) and Brennan McCarthy (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 22 April 2026
How does Boulevard Wealth Management get paid?
Boulevard Wealth Management is paid through a percentage of assets under management, hourly charges, fixed fees, commissions and other compensation. Its Form ADV lists no 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 Boulevard Wealth Management?
Boulevard Wealth Management’s main office is at 7825 Washington Avenue, Suite 100, Bloomington, MN 55439. Its phone number is 877-664-2583. Its website is boulevardwealth.com.
