{"url":"https://nivawealth.com/firms/devenir-investment-advisors-132824","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/132824","regulatoryAum":12992592090,"crd":"132824","secFileNumber":"801-69108","legalName":"Devenir Investment Advisors, LLC","displayName":"Devenir Investment Advisors","website":"http://www.devenir.com","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"8500 Normandale Lake BLVD, Suite 955","city":"Bloomington","state":"MN","stateName":"Minnesota","country":"United States","postalCode":"55437"},"tradeNames":[],"registration":{"secApproved":"22 April 2008","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":11,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":12992592090,"nonDiscretionaryAccounts":44,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":44},"clientTypes":[{"label":"Banking or thrift institutions","clients":40,"regulatoryAum":12797592090},{"label":"Insurance companies","clients":4,"regulatoryAum":195000000}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Devenir Investment Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Eric Remjeske","title":"President/Chief Compliance Officer","crd":"2414214"}],"ownership":[{"label":"Devenir Group, LLC","detail":"Member in the 75% or more ownership band and a control person, since July 2004."},{"label":"Eric Remjeske","detail":"Indirect owner: a managing member of Devenir Group, LLC in the 75% or more band and a control person, since February 2003.","parent":"Devenir Group, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"Minnesota","offices":1,"addresses":[{"street":"8500 Normandale Lake BLVD, Suite 955","city":"Bloomington","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"952-446-7400","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Securities issued by registered investment companies or business development companies","percent":100}],"privateFunds":0},"sources":{"adv1FilingDate":"25 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/132824/PDF/132824.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Devenir Investment Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Devenir Investment Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Devenir Investment Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Devenir Investment Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Devenir Investment Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Devenir Investment Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}