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Boulay Wealth

Boulay Wealth. CRD 111334

$3.0B Total AUM
$2.9B Disc. AUM
-- 3Y CAGR
45 Employees
1,126 ADV. Clients
25 yrs Firm Age

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Firm Details

Custodian
Charles Schwab & Company ยท Fidelity/NFS
Clients
Retail and Institutional
Established Date
04-17-2001
Office Locations
2

Office Locations

11095 Viking Drive Suite 500 Eden Prairie MN
7500 Flying Cloud Drive Suite 800 Minneapolis MN

About Boulay Wealth

Boulay Wealth is a Eden Prairie-based RIA with 2 offices. The firm has been operating for 25 years. Managing $3.0B in total assets under management, with 31 advisory representatives. They custody assets with Charles Schwab & Company and Fidelity/NFS.

Reported data analysis

What the numbers show

Between August 27, 2024 and August 29, 2025, reported AUM increased 13.8%, from $2.1B to $2.4B.

Across 5 reported observations, AUM increased 20.7% between November 24, 2021 and August 29, 2025, from $2.0B to $2.4B.

Of the latest reported AUM, 96.6% is discretionary and 3.4% is non-discretionary.

The firm reports 31 advisory representatives and 1,126 clients, or 36.3 clients per representative. That equates to $2.7M in reported AUM per client.

The profile lists 2 reported office locations and 25 years in operation. The source data was last updated on August 19, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

37 AVG AGE
$97.1M AVG AUM / ADVISOR
$2.7M AVG AUM / CLIENT
5 yrs AVG TENURE
45 Employees
31 Advisory Reps
33 RIA Reps
25yrs Firm Age

Additional firm insights

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Available data coverage

  • Asset Classes
  • Client Personas
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Services
  • Technology

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Owner & Executives

ERIK LEIGH ALLEN

ERIK LEIGH ALLEN

Governor, Partner, TREASURER

CRD
--
Ownership
Less than 5%
L

Laura Lynn Boyd Beise

--

CRD
--
Ownership
Less than 5%

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Contacts

M

Mary Kathryn Bauman

Associate

CRD
#6978011
JOSEPH DANIEL BLOODGOOD

JOSEPH DANIEL BLOODGOOD

--

CRD
#5527387

Showing 2 of 36 contacts

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
11-24-2021
11-18-2022
08-29-2023
08-27-2024
08-29-2025
Category Assets AVG. Account size
Discretionary $2,916,012,518 $582,655
Non-Discretionary $93,111,126 $334,207
Total $3,009,123,644 $568,249

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Separately Managed Accounts

SMA allocation detail is available

Boulay Wealth has reported separately managed account data across 4 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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13F Holdings | Q2 2026

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Boulay Wealth's 13F holdings detail is available for Q2 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.

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