Financial Perspectives, Inc

MINNEAPOLIS, MN · CIK 2003287 · 13F filing filed 2024-01-10

SEC-registered investment adviser since 2015 · corporation

Assets managed$1.2bn
Staff14 · 14 in investment roles
Main clients (by assets)High net worth individuals 90%, Individuals 10%
Websitefpwealth.com
Form ADV · 2026-03-25SEC adviser record

$227.3m reported value +8.6% vs Q1 2023

686positions

45.8%in top 10

13 new 168 added 22 reduced 12 sold out vs Q1 2023

Holdings, Q2 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MEDTRONIC PLC SHS MDT	MDT	230,708	$20.3m8.94%	8.94%	Added +299	+299 0.1%
2	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	134,108	$14.2m6.26%	6.26%	Reduced -3.2k	-3,204 -2.3%
3	APPLE INC COM AAPL	AAPL	65,601	$12.7m5.60%	5.60%	Added +494	+494 0.8%
4	VANGUARD WORLD FD INF TECH ETF VGT	VGT	25,799	$11.4m5.02%	5.02%	Unchanged
5	MICROSOFT CORP COM MSFT	MSFT	33,060	$11.3m4.95%	4.95%	Added +3	+3 0.0%
6	BOSTON SCIENTIFIC CORP COM BSX	BSX	146,787	$7.9m3.49%	3.49%	Reduced -3.0k	-2,965 -2.0%
7	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	44,705	$7.3m3.19%	3.19%	Added +343	+343 0.8%
8	ISHARES TR CORE HIGH DV ETF HDV	HDV	63,865	$6.4m2.83%	2.83%	Added +1.4k	+1,398 2.2%
9	VANGUARD WHITEHALL FDS INTL DVD ETF VIGI	VIGI	84,530	$6.3m2.79%	2.79%	Reduced -4.3k	-4,333 -4.9%
10	ISHARES TR S&P 500 GRWT ETF IVW	IVW	87,809	$6.2m2.72%	2.72%	Added +2.3k	+2,275 2.7%
11	J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF JPST	JPST	102,143	$5.1m2.25%	2.25%	Added +8.1k	+8,085 8.6%
12	VANGUARD WHITEHALL FDS INTL HIGH ETF VYMI	VYMI	68,429	$4.3m1.90%	1.90%	Added +6.4k	+6,416 10.3%
13	FIDELITY COVINGTON TRUST CONSMR STAPLES FSTA	FSTA	90,740	$4.1m1.81%	1.81%	Added +3.5k	+3,494 4.0%
14	FIDELITY COVINGTON TRUST MSCI INFO TECH I FTEC	FTEC	27,852	$3.6m1.60%	1.60%	Added +5	+5 0.0%
15	BROADCOM INC COM AVGO	AVGO	4,110	$3.6m1.57%	1.57%	Added +1	+1 0.0%
16	ALPHABET INC CAP STK CL C GOOG	GOOG	26,811	$3.2m1.43%	1.43%	Unchanged
17	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	29,766	$3.0m1.32%	1.32%	Added +5	+5 0.0%
18	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	6,143	$2.7m1.20%	1.20%	Added +147	+147 2.5%
19	ISHARES TR CORE S&P500 ETF IVV	IVV	5,961	$2.7m1.17%	1.17%	Added +245	+245 4.3%
20	AMAZON COM INC COM AMZN	AMZN	20,285	$2.6m1.16%	1.16%	Unchanged
21	UNITEDHEALTH GROUP INC COM UNH	UNH	4,821	$2.3m1.02%	1.02%	Added +54	+54 1.1%
22	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	5,476	$2.2m0.98%	0.98%	Unchanged
23	NVIDIA CORPORATION COM NVDA	NVDA	4,847	$2.1m0.90%	0.90%	Unchanged
24	TESLA INC COM TSLA	TSLA	7,477	$2.0m0.86%	0.86%	Added +120	+120 1.6%
25	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	5,102	$1.9m0.83%	0.83%	Added +239	+239 4.9%
26	ISHARES TR CORE DIV GRWTH DGRO	DGRO	36,511	$1.9m0.83%	0.83%	Added +676	+676 1.9%
27	VANGUARD WORLD FD CONSUM STP ETF VDC	VDC	8,787	$1.7m0.75%	0.75%	Added +824	+824 10.3%
28	MERCADOLIBRE INC COM MELI	MELI	1,385	$1.6m0.72%	0.72%	Added +64	+64 4.8%
29	ABBVIE INC COM ABBV	ABBV	12,116	$1.6m0.72%	0.72%	Added +19	+19 0.2%
30	3M CO COM MMM	MMM	15,848	$1.6m0.70%	0.70%	Added +6	+6 0.0%
31	JOHNSON & JOHNSON COM JNJ	JNJ	9,419	$1.6m0.69%	0.69%	Added +4	+4 0.0%
32	GENERAL MLS INC COM GIS	GIS	17,716	$1.4m0.60%	0.60%	Added +470	+470 2.7%
33	JPMORGAN CHASE & CO COM JPM	JPM	9,175	$1.3m0.59%	0.59%	Added +5	+5 0.1%
34	BROOKFIELD INFRASTRUCTURE CO COM SB VTG SHS A COM SB VTG SHS A		27,974	$1.3m0.56%	0.56%	Added +6	+6 0.0%
35	ISHARES TR U.S. TECH ETF IYW	IYW	11,683	$1.3m0.56%	0.56%	Reduced -1	-1 -0.0%
36	FIDELITY COVINGTON TRUST MSCI ENERGY IDX FENY	FENY	55,244	$1.2m0.54%	0.54%	Added +433	+433 0.8%
37	ISHARES TR INTL SEL DIV ETF IDV	IDV	45,596	$1.2m0.53%	0.53%	Added +704	+704 1.6%
38	META PLATFORMS INC CL A META	META	4,027	$1.2m0.51%	0.51%	Unchanged
39	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	17,771	$1.1m0.51%	0.51%	Reduced -20	-20 -0.1%
40	CAPITAL GROUP GROWTH ETF SHS CREATION UNI CGGR	CGGR	45,451	$1.1m0.50%	0.50%	Added +2.9k	+2,927 6.9%
41	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	1,559	$1.1m0.50%	0.50%	Added +162	+162 11.6%
42	ABBOTT LABS COM ABT	ABT	8,829	$962.5k0.42%	0.42%	Unchanged
43	NOVO-NORDISK A S ADR NVO	NVO	5,655	$915.2k0.40%	0.40%	Unchanged
44	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	2,648	$903.0k0.40%	0.40%	Unchanged
45	VANGUARD WORLD FD ENERGY ETF VDE	VDE	7,432	$839.1k0.37%	0.37%	Unchanged
46	HOME DEPOT INC COM HD	HD	2,682	$833.0k0.37%	0.37%	Added +8	+8 0.3%
47	SCHWAB STRATEGIC TR FUNDAMENTAL INTL FNDF	FNDF	24,230	$782.4k0.34%	0.34%	Unchanged
48	AMGEN INC COM AMGN	AMGN	3,478	$772.2k0.34%	0.34%	Added +2	+2 0.1%
49	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	9,185	$767.5k0.34%	0.34%	Added +414	+414 4.7%
50	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	15,554	$718.3k0.32%	0.32%	Unchanged
51	PFIZER INC COM PFE	PFE	19,469	$714.1k0.31%	0.31%	Added +17	+17 0.1%
52	SEA LTD SPONSORD ADS SE	SE	11,943	$693.2k0.30%	0.30%	Added +5.8k	+5,814 94.9%
53	ISHARES TR RUS 1000 GRW ETF IWF	IWF	2,497	$687.2k0.30%	0.30%	Added +242	+242 10.7%
54	ISHARES TR BLACKROCK ULTRA ICSH	ICSH	13,649	$686.5k0.30%	0.30%	Added +10.0k	+9,971 271.1%
55	US BANCORP DEL COM NEW USB	USB	19,679	$650.2k0.29%	0.29%	Added +24	+24 0.1%
56	VANGUARD INDEX FDS VALUE ETF VTV	VTV	4,432	$629.8k0.28%	0.28%	Added +1.0k	+1,033 30.4%
57	EXXON MOBIL CORP COM XOM	XOM	5,834	$625.6k0.28%	0.28%	Added +5	+5 0.1%
58	ISHARES INC CORE MSCI EMKT IEMG	IEMG	12,408	$611.6k0.27%	0.27%	Added +12	+12 0.1%
59	HONEYWELL INTL INC COM COM		2,937	$609.4k0.27%	0.27%	Unchanged
60	COMCAST CORP NEW CL A CMCSA	CMCSA	13,927	$578.7k0.25%	0.25%	Reduced -65	-65 -0.5%
61	VANGUARD WORLD FD HEALTH CAR ETF VHT	VHT	2,289	$560.4k0.25%	0.25%	Unchanged
62	GILEAD SCIENCES INC COM GILD	GILD	7,042	$542.7k0.24%	0.24%	Unchanged
63	VANGUARD BD INDEX FDS VANGUARD ULTRA VUSB	VUSB	11,017	$541.6k0.24%	0.24%	Added +1.0k	+1,017 10.2%
64	CAPITAL GROUP GBL GROWTH EQT SHS CREATION UNI CGGO	CGGO	22,191	$539.0k0.24%	0.24%	Unchanged
65	ISHARES TR US INFRASTRUC IFRA	IFRA	13,628	$532.6k0.23%	0.23%	Added +1	+1 0.0%
66	DISNEY WALT CO COM DIS	DIS	5,787	$516.7k0.23%	0.23%	Reduced -80	-80 -1.4%
67	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	2,338	$515.0k0.23%	0.23%	Added +360	+360 18.2%
68	ISHARES U S ETF TR U.S. TECH INDEPD IETC	IETC	8,685	$478.5k0.21%	0.21%	Reduced -36	-36 -0.4%
69	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	3,126	$475.9k0.21%	0.21%	Unchanged
70	MASTERCARD INCORPORATED CL A MA	MA	1,183	$465.4k0.20%	0.20%	Unchanged
71	ORACLE CORP COM ORCL	ORCL	3,886	$462.8k0.20%	0.20%	Unchanged
72	SEMPRA COM SRE	SRE	2,953	$429.9k0.19%	0.19%	Added +22	+22 0.8%
73	COSTCO WHSL CORP NEW COM COST	COST	798	$429.8k0.19%	0.19%	Unchanged
74	MICRON TECHNOLOGY INC COM MU	MU	6,343	$400.3k0.18%	0.18%	Added +2	+2 0.0%
75	TRANSMEDICS GROUP INC COM TMDX	TMDX	4,709	$395.5k0.17%	0.17%	Unchanged
76	TARGET CORP COM TGT	TGT	2,941	$388.0k0.17%	0.17%	Added +1	+1 0.0%
77	VANGUARD WORLD FD CONSUM DIS ETF VCR	VCR	1,355	$383.8k0.17%	0.17%	Added +67	+67 5.2%
78	CISCO SYS INC COM CSCO	CSCO	7,370	$381.3k0.17%	0.17%	Added +12	+12 0.2%
79	ISHARES TR EAFE VALUE ETF EFV	EFV	7,780	$380.8k0.17%	0.17%	Added +1.4k	+1,423 22.4%
80	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	1,091	$373.1k0.16%	0.16%	Unchanged
81	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	1,308	$370.2k0.16%	0.16%	Unchanged
82	ALTRIA GROUP INC COM MO	MO	8,144	$368.9k0.16%	0.16%	Added +1	+1 0.0%
83	INVESCO EXCH TRADED FD TR II S&P GBL WATER CGW	CGW	7,121	$366.1k0.16%	0.16%	Unchanged
84	AT&T INC COM T	T	22,873	$364.8k0.16%	0.16%	Added +135	+135 0.6%
85	ALPHABET INC CAP STK CL A GOOGL	GOOGL	2,985	$357.3k0.16%	0.16%	Unchanged
86	ISHARES TR MSCI EAFE MIN VL EFAV	EFAV	5,227	$352.8k0.16%	0.16%	Added +2	+2 0.0%
87	CHEVRON CORP NEW COM CVX	CVX	2,201	$346.3k0.15%	0.15%	Added +2	+2 0.1%
88	MCDONALDS CORP COM MCD	MCD	1,153	$344.1k0.15%	0.15%	Added +1	+1 0.1%
89	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	7,883	$320.7k0.14%	0.14%	Added +1.0k	+1,035 15.1%
90	FIRST TR EXCHANGE TRADED FD NASD TECH DIV TDIV	TDIV	5,452	$319.8k0.14%	0.14%	Added +6	+6 0.1%
91	BROOKFIELD CORP CL A LTD VT SH BN	BN	9,494	$319.5k0.14%	0.14%	Unchanged
92	WISDOMTREE TR EUROPE SMCP DV DFE	DFE	5,574	$311.3k0.14%	0.14%	Added +108	+108 2.0%
93	ISHARES TR EAFE GRWTH ETF EFG	EFG	3,187	$304.0k0.13%	0.13%	Added +581	+581 22.3%
94	ISHARES TR INTL DIV GRWTH IGRO	IGRO	4,883	$302.8k0.13%	0.13%	Added +102	+102 2.1%
95	HUMANA INC COM HUM	HUM	676	$302.4k0.13%	0.13%	Unchanged
96	VISA INC COM CL A V	V	1,243	$295.2k0.13%	0.13%	Unchanged
97	ILLUMINA INC COM ILMN	ILMN	1,566	$293.6k0.13%	0.13%	Unchanged
98	ISHARES TR CORE S&P SCP ETF IJR	IJR	2,908	$289.7k0.13%	0.13%	Added +51	+51 1.8%
99	MONGODB INC CL A MDB	MDB	697	$286.5k0.13%	0.13%	Unchanged
100	WISDOMTREE TR GLB HIGH DIV FD DEW	DEW	6,111	$284.3k0.13%	0.13%	Unchanged

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
SPDR SER TR SPSB	SPSB	3,036	$90.0k3.0k shares
J P MORGAN EXCHANGE TRADED F JCPB	JCPB	1,811	$85.8k1.8k shares
ABB LTD ABBNY	ABBNY	2,317	$79.5k2.3k shares
CANADIAN PAC RY LTD		500	$38.5k500 shares
VANGUARD BD INDEX FDS BIV	BIV	268	$20.6k268 shares
ONE GAS INC OGS	OGS	90	$7.1k90 shares
ONEOK INC NEW OKE	OKE	100	$6.4k100 shares
DOORDASH INC DASH	DASH	20	$1.3k20 shares
BRIGHT HEALTH GROUP INC		64	$1.1k64 shares
POLYMET MNG CORP PLM-R	PLM-R	2,800	$82.8k shares
SILVERGATE CAP CORP SICP	SICP	4	$64 shares
PLUS THERAPEUTICS INC		1	$01 shares