We bring strategy, structure, clarity and confidence to our clients’ financial lives and keep it that way.

We are Certified Financial Planners® to business owners and families/individuals with complex financial affairs in Minneapolis, MN & Berkeley/San Francisco, CA.


Arete Wealth Strategists is an independent, fiduciary-oriented financial planning and investment management firm.

Meet our Principal


Our Clients

Business Owners
You want to make the most of opportunities available to you as a business owner, improve cash flow, reduce taxes, and transfer or reduce liability.

Learn More >>

Individuals & Families 
From financial planning, investment management and life/disability insurance services, we give you the confidence that allows you to pursue that which is most important to you.

Learn More >>


We seek to create deep relationships with our clients and work together over the long term as life and plans change. We work with clients and other professional advisors to model various scenarios as life unfolds.

Arete - Financial Planning

The two distinctive features of our financial planning process are the emphasis on cash flow and risk management.

Some of the topics we may cover in our work together include:

  • Retirement income planning
  • Tax analysis
  • College planning
  • Estate planning & wealth transfer
  • Debt reduction analysis
  • Risk management analysis

Learn More >>

Our investment strategy can be broadly described as a core and satellite approach. Globally diversified stock and bond holdings comprise the majority of each portfolio. The satellites consist of alternative investments designed to enhance the overall risk/return ratio.
Screenshot 2016-05-22 16.38.19

We believe that the appropriate use of active and passive management are key differentiators of our process. In developed economies we seek low-cost passive/index investment vehicles and in inefficient markets, where talented managers can produce returns in excess of their benchmarks, we use the best active management our research has identified.

Learn More >>

Life Insurance

Our principal, Ashley Murphy CFP® is an adjunct Professor of Risk Management at the Golden Gate Ageno School of Business. We apply our distinctive and detailed approach to determine what your true needs are today and how they will change over time. We consider such factors as your mortgage, college/retirement savings, other debts, retirement readiness, and the progression of time. This allows us to make sure you’re properly protected as your needs change and save money in the process.

Learn More >>

Disability Insurance

For many people, their greatest asset is their income earning potential. Selecting the right disability policy is a complex task that requires expert assistance. There are a confusing number of definitions and options when it comes to choosing the right disability insurance policy. Use our expert advice to find the policy that best suits you.

Learn More >>