NORTHLAND ASSET MANAGEMENT

Legal name: NORTHLAND SECURITIES, INC.

CRD 40258File 801-96329

APPROVED

Retail clients

Disclosure events

Filing as of Jun 26, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$405.5M

Below cohort median (national)

Discretionary AUM

$387.3M

Non-discretionary $18.2M

Clients

875

1,192 accounts

Employees

Below cohort median in MN

Identity & registration

ADV Item 1

Organization form: Corporation
Firm type: Registered
SEC region: CHRO
Registration date: May 26, 2015
Principal office: 150 SOUTH 5TH STREET, SUITE 3300, MINNEAPOLIS, MN, 55402
Phone: 800-851-2920
Website: HTTP://WWW.NORTHLANDSECURITIES.COM

Assets & accounts

ADV Item 5F

Total regulatory AUM: $405.5M
Discretionary AUM: $387.3M
Non-discretionary AUM: $18.2M
Discretionary accounts: 1,180
Non-discretionary accounts: 12
Total accounts: 1,192
AUM per client: $463K

Clients by type

ADV Item 5D

Client type	Clients	AUM
Charitable organizations	Fewer than 5	$3.7M
High net worth individuals	484	$319.3M
Pension and profit sharing plans	Fewer than 5	$3.2M
Individuals (other than high net worth individuals)	391	$79.2M

Compensation & activities

ADV Items 5E, 5G

Compensation

Other
Fixed fees
Hourly charges
Other (described) — NEGOTIATED
A percentage of assets under your management

Advisory activities

Other advisory activities
Financial planning services
Selection of other advisers
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: No
Firm Custody Assets: No
Firm Custody Clients: No
Firm Custody Securities: No
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: No

Disclosure events

ADV Item 11

Q11C2
Q11C4
Q11C5
Q11D1
Q11D2
Q11D4
Q11E2

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.