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Devenir Investment Advisors

SEC-registered adviser since 2008Bloomington, MNCRD 132824

44
Clients
3
Advisory staff

From Form ADV filed 25 March 2026 · data retrieved 15 October 2026SEC record

Devenir Investment Advisors is an investment adviser headquartered in Bloomington, Minnesota, and registered with the SEC since 2008. Its clients include banking or thrift institutions and insurance companies.

Its services include portfolio management for institutions and selecting other managers. Fee arrangements include a percentage of assets under management, hourly charges and fixed fees. Devenir Group, LLC owns 75% or more of Devenir Investment Advisors.

Clients

Devenir Investment Advisors serves 44 clients, 40 of them banking or thrift institutions. The average client has about $295 million with the firm.

Regulatory assets by client type
  • Banking or thrift institutions40 clients98%
  • Insurance companies4 clients2%
Show client breakdown
Banking or thrift institutions
Clients
40
Regulatory AUM
$12,797,592,090
Share
98.5%
Avg. per client
$319.9M
Insurance companies
Clients
4
Regulatory AUM
$195,000,000
Share
1.5%
Avg. per client
$48.8M

Total

Clients
44
Regulatory AUM
$12,992,592,090
Share
100%
Avg. per client
$295.3M

What it does

Devenir Investment Advisors provides portfolio management for institutions and selecting other managers. It is paid through a percentage of assets, hourly charges and fixed fees.

Devenir Investment Advisors provided financial planning to 0 clients last fiscal year and advises no private funds.

0.0% of assets ($0 across 0 accounts) are managed with discretion; $12.99B across 44 accounts are not. 0% of clients are outside the U.S., and 44 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Funds100%

Custodians

Devenir Investment Advisors does not have custody of client assets.

Managed account assets by custodian
  • All other custodians$12.99B100%

Ownership and leadership

Devenir Group, LLC owns 75% or more of Devenir Investment Advisors.

Who owns the firm
Devenir Investment Advisors, LLC· the adviser
  • Devenir Group, LLC

    Control person · since July 2004

    Owns 75% or more of Devenir Investment Advisors, LLC

Leadership

  • Eric Remjeske
    President/Chief Compliance Officer

Staff

  • 11 employees
  • 3 in advisory functions
  • 2 state-registered reps

Fees

Devenir Investment Advisors is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees).

Devenir Investment Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Devenir Investment Advisors has 0 offices, with 1 listed address in 1 state.

Listed office addresses by state

Minnesota · 1 listed address

  • 8500 Normandale Lake BLVD, Suite 955, BloomingtonHQ

Registration details

Legal name
Devenir Investment Advisors, LLC
Headquarters
8500 Normandale Lake BLVD, Suite 955, Bloomington, MN 55437
SEC file
801-69108
Structure
Delaware LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Devenir Investment Advisors have?

Devenir Investment Advisors has 44 clients and manages $13 billion for them, as of March 2026. They include 40 banking or thrift institutions and 4 insurance companies.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026

What services does Devenir Investment Advisors offer?

Devenir Investment Advisors provides portfolio management for institutions and selecting other managers.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does Devenir Investment Advisors have?

Devenir Investment Advisors has 2 investment adviser representatives registered with state securities authorities, out of 11 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 Devenir Investment Advisors invest in?

At the end of its last fiscal year, Devenir Investment Advisors’ separately managed accounts held 100% registered funds (mutual funds, ETFs, BDCs). It advises no private funds of its own.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Devenir Investment Advisors?

Devenir Investment Advisors is owned through a holding company by Eric Remjeske. Its direct owner is Devenir Group, LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026

How does Devenir Investment Advisors get paid?

Devenir Investment Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. 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

Sources

  1. Form ADV Part 1A, amendment filed 25 March 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 132824.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Devenir Investment Advisors, LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.