Tailwinds Wealth provides portfolio management for individuals and small businesses and selecting other managers.
Tailwinds Wealth reports 268 clients. They include 208 individual clients and 60 high-net-worth individuals. Of its assets, 100.0% ($193M across 872 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 78% | 48% |
| High-net-worth individuals | 22% | 52% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 208 | $92.7M | 48.1% | $446K |
| High-net-worth individuals | 60 | $100M | 51.9% | $1.67M |
| Total | 268 | $193M | 100% | $719K |
- Clients
- 208
- Regulatory AUM
- $92.7M
- AUM share
- 48.1%
- Avg. per client
- $446K
- Clients
- 60
- Regulatory AUM
- $100M
- AUM share
- 51.9%
- Avg. per client
- $1.67M
Total
- Clients
- 268
- Regulatory AUM
- $193M
- AUM share
- 100%
- Avg. per client
- $719K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Tailwinds Wealth charges 0.55%–1.00% a year for its Portfolio Management Fees. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Stand-alone fixed planning fee, negotiable, generally $3,000 to $6,000 or more annually, billed in advance.
Open Hand Ventures, LLC owns 25% to 50% of Tailwinds Wealth and is in turn owned by Will Johnson (25–50%). The leadership team of Tailwinds Wealth includes Chief Compliance Officer Will Johnson. It has 8 employees, 7 of them in advisory roles.
Staff
- 8 employees
- 7 in advisory functions
- 7 state-registered reps
- 8 insurance agents
- Owns 25% to 50% of Tailwinds Wealth, LLC
Open Hand Ventures, LLC
Control person · since March 2026
- Owns 25% to 50% of Open Hand Ventures, LLC
Will Johnson
Control person · since March 2026
- Owns 25% to 50% of Tailwinds Wealth, LLC
Abundant Stewardship, LLC
Control person · since March 2026
- Owns 25% to 50% of Abundant Stewardship, LLC
Skip Johnson
Control person · since March 2026
- Owns 25% to 50% of Tailwinds Wealth, LLC
Baask & Abide, LLC
Control person · since March 2026
- Owns 25% to 50% of Baask & Abide, LLC
Brian Jass
Control person · since March 2026
- Owns 25% to 50% of Tailwinds Wealth, LLC
Skyward Capital, LLC
Control person · since March 2026
- Owns 25% to 50% of Skyward Capital, LLC
Austin Schmitt
Control person · since March 2026
Tailwinds Wealth’s regulatory assets grew 5.0× from $38.5M (April 2023) to $193M (September 2026); clients rose from 80 to 268 and employees from 4 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $193M | 268 | 8 | 8 |
| Mar 2025March 2025 | $144M | 224 | 5 | 1 |
| Jul 2024July 2024 | $121M | 208 | 5 | 1 |
| Apr 2023April 2023 | $38.5M | 80 | 4 | 1 |
Besides its headquarters, Tailwinds Wealth has 7 offices (7 private residences, listed without an address), with 1 listed address in 1 state.
Minnesota · 1 listed address
- 3640 Talmage Circle St 100, Vadnais HeightsHQ
Contact and registration details
- Legal name
- Tailwinds Wealth, LLC
- Headquarters
- 3640 Talmage Circle St 100, Vadnais Heights, MN 55110
- Website
- tailwindswealth.com
- Phone
- 651-243-0535
- SEC file
- 801-126504
- Structure
- Minnesota LLC
- Fiscal year end
- December
Tailwinds Wealth’s named custodian for separately managed accounts is Charles Schwab ($193M). Tailwinds Wealth does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $193M100%
At year end, Tailwinds Wealth’s separately managed accounts were mostly in funds (72%) and stocks (23%). Its reported 13F holdings for the quarter ended 30 June 2026 total $169M across 89 positions; the largest are SPDR Series Trust (12.6%), Vanguard Tax-managed Fds (7.0%) and ETF Ser Solutions (5.5%).
What the accounts hold
- Stocks23%
- Exchange-traded equities22%
- Non-exchange-traded equities1%
- Funds72%
- Registered funds69%
- Pooled vehicles3%
- Bonds2%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash5%
How many clients does Tailwinds Wealth have?
Tailwinds Wealth has 268 clients and manages $193 million for them, as of September 2026. They include 208 individual clients and 60 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 September 2026
What services does Tailwinds Wealth offer?
Tailwinds Wealth provides portfolio management for individuals and small businesses and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Tailwinds Wealth charge?
Tailwinds Wealth charges 0.55%–1.00% a year for its Portfolio Management Fees. The fee is billed in arrears and is negotiable.
Source: ADV PART 2A - TAILWINDS WEALTH, LLC, filed 9 June 2026
Which custodians does Tailwinds Wealth use?
Tailwinds Wealth’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $193M. 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 September 2026
How many financial advisors does Tailwinds Wealth have?
Tailwinds Wealth has 7 investment adviser representatives registered with state securities authorities, out of 8 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 8 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 Tailwinds Wealth invest in?
At the end of its last fiscal year, Tailwinds Wealth’s separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs), 22% exchange-traded equities, 5% cash and equivalents, 3% pooled vehicles (private funds and similar), 1% non-exchange-traded equities, 1% state and local bonds and 1% investment grade 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 Tailwinds Wealth?
Tailwinds Wealth is owned through holding companies by Will Johnson, Brian Jass, Austin Schmitt and Skip Johnson. Its direct owners are Open Hand Ventures, LLC, Abundant Stewardship, LLC, Baask & Abide, LLC and Skyward Capital, LLC, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 22 September 2026
How does Tailwinds Wealth get paid?
Tailwinds Wealth 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 Tailwinds Wealth?
Tailwinds Wealth’s main office is at 3640 Talmage Circle St 100, Vadnais Heights, MN 55110. Its phone number is 651-243-0535. Its website is tailwindswealth.com.
