Financial Perspectives, Inc

MINNEAPOLIS, MN · CIK 2003287 · 13F filing filed 2024-08-09

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

$270.8m reported value +2.6% vs Q1 2024

681positions

44.2%in top 10

21 new 144 added 35 reduced 9 sold out vs Q1 2024

Holdings, Q2 2024

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	231,682	$18.2m6.73%	6.73%	Reduced -3.7k	-3,744 -1.6%
2	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	134,440	$15.9m5.89%	5.89%	Added +705	+705 0.5%
3	MICROSOFT CORP COM MSFT	MSFT	33,018	$14.8m5.45%	5.45%	Added +4	+4 0.0%
4	VANGUARD WORLD FD INF TECH ETF VGT	VGT	23,757	$13.7m5.06%	5.06%	Reduced -751	-751 -3.1%
5	APPLE INC COM AAPL	AAPL	63,778	$13.4m4.96%	4.96%	Reduced -445	-445 -0.7%
6	BOSTON SCIENTIFIC CORP COM BSX	BSX	148,333	$11.4m4.22%	4.22%	Added +2.2k	+2,203 1.5%
7	ISHARES TR S&P 500 GRWT ETF IVW	IVW	95,033	$8.8m3.25%	3.25%	Added +990	+990 1.1%
8	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	43,818	$8.0m2.95%	2.95%	Reduced -130	-130 -0.3%
9	VANGUARD WHITEHALL FDS INTL DVD ETF VIGI	VIGI	98,200	$8.0m2.95%	2.95%	Added +1.6k	+1,606 1.7%
10	ISHARES TR CORE HIGH DV ETF HDV	HDV	68,447	$7.4m2.75%	2.75%	Reduced -28	-28 -0.0%
11	VANGUARD WHITEHALL FDS INTL HIGH ETF VYMI	VYMI	98,173	$6.7m2.48%	2.48%	Added +556	+556 0.6%
12	BROADCOM INC COM AVGO	AVGO	4,071	$6.5m2.41%	2.41%	Reduced -17	-17 -0.4%
13	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	31,392	$5.5m2.01%	2.01%	Added +4	+4 0.0%
14	NVIDIA CORPORATION COM NVDA	NVDA	40,967	$5.1m1.87%	1.87%	Added +87	+87 0.2%
15	FIDELITY COVINGTON TRUST CONSMR STAPLES FSTA	FSTA	106,715	$5.1m1.87%	1.87%	Added +2.7k	+2,665 2.6%
16	ALPHABET INC CAP STK CL C GOOG	GOOG	27,363	$5.0m1.85%	1.85%	Added +7	+7 0.0%
17	FIDELITY COVINGTON TRUST MSCI INFO TECH I FTEC	FTEC	27,490	$4.7m1.74%	1.74%	Reduced -378	-378 -1.4%
18	AMAZON COM INC COM AMZN	AMZN	20,283	$3.9m1.45%	1.45%	Unchanged
19	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	6,312	$3.4m1.27%	1.27%	Added +101	+101 1.6%
20	ISHARES TR CORE S&P500 ETF IVV	IVV	6,065	$3.3m1.23%	1.23%	Added +37	+37 0.6%
21	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	5,757	$2.9m1.06%	1.06%	Unchanged
22	ISHARES TR CORE DIV GRWTH DGRO	DGRO	47,445	$2.7m1.01%	1.01%	Added +1.1k	+1,142 2.5%
23	J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF JPST	JPST	49,375	$2.5m0.92%	0.92%	Reduced -49.8k	-49,755 -50.2%
24	MERCADOLIBRE INC COM MELI	MELI	1,427	$2.3m0.87%	0.87%	Unchanged
25	UNITEDHEALTH GROUP INC COM UNH	UNH	4,299	$2.2m0.81%	0.81%	Added +2	+2 0.1%
26	ABBVIE INC COM ABBV	ABBV	12,204	$2.1m0.77%	0.77%	Added +3	+3 0.0%
27	VANGUARD WORLD FD CONSUM STP ETF VDC	VDC	9,947	$2.0m0.75%	0.75%	Added +328	+328 3.4%
28	META PLATFORMS INC CL A META	META	3,938	$2.0m0.73%	0.73%	Reduced -24	-24 -0.6%
29	JPMORGAN CHASE & CO COM JPM	JPM	9,126	$1.8m0.68%	0.68%	Added +5	+5 0.1%
30	ISHARES TR U.S. TECH ETF IYW	IYW	11,856	$1.8m0.66%	0.66%	Added +20	+20 0.2%
31	ISHARES TR INTL SEL DIV ETF IDV	IDV	61,535	$1.7m0.63%	0.63%	Added +2.0k	+2,012 3.4%
32	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	1,660	$1.7m0.63%	0.63%	Unchanged
33	NOVO-NORDISK A S ADR NVO	NVO	11,360	$1.6m0.60%	0.60%	Unchanged
34	3M CO COM MMM	MMM	15,335	$1.6m0.58%	0.58%	Added +174	+174 1.1%
35	CAPITAL GROUP GROWTH ETF SHS CREATION UNI CGGR	CGGR	47,369	$1.6m0.58%	0.58%	Unchanged
36	TESLA INC COM TSLA	TSLA	7,737	$1.5m0.57%	0.57%	Added +117	+117 1.5%
37	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	3,023	$1.4m0.53%	0.53%	Reduced -1.9k	-1,909 -38.7%
38	FIDELITY COVINGTON TRUST MSCI ENERGY IDX FENY	FENY	54,732	$1.4m0.51%	0.51%	Added +34	+34 0.1%
39	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	18,222	$1.2m0.44%	0.44%	Added +3.0k	+3,041 20.0%
40	JOHNSON & JOHNSON COM JNJ	JNJ	7,800	$1.1m0.42%	0.42%	Unchanged
41	ISHARES TR RUS 1000 GRW ETF IWF	IWF	3,116	$1.1m0.42%	0.42%	Added +89	+89 2.9%
42	CAPITAL GROUP GBL GROWTH EQT SHS CREATION UNI CGGO	CGGO	38,354	$1.1m0.42%	0.42%	Added +3.8k	+3,815 11.1%
43	GENERAL MLS INC COM GIS	GIS	17,743	$1.1m0.41%	0.41%	Unchanged
44	AMGEN INC COM AMGN	AMGN	3,478	$1.1m0.40%	0.40%	Added +2	+2 0.1%
45	VANGUARD INDEX FDS VALUE ETF VTV	VTV	6,578	$1.1m0.39%	0.39%	Added +97	+97 1.5%
46	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	2,543	$1.0m0.38%	0.38%	Unchanged
47	BROOKFIELD INFRASTRUCTURE CO COM SB VTG SHS A COM SB VTG SHS A		29,361	$988.3k0.36%	0.36%	Added +9	+9 0.0%
48	SEA LTD SPONSORD ADS SE	SE	13,329	$952.0k0.35%	0.35%	Unchanged
49	VANGUARD WORLD FD ENERGY ETF VDE	VDE	6,910	$881.4k0.33%	0.33%	Unchanged
50	ABBOTT LABS COM ABT	ABT	8,468	$879.9k0.32%	0.32%	Unchanged
51	SCHWAB STRATEGIC TR FUNDAMENTAL INTL FNDF	FNDF	24,230	$848.8k0.31%	0.31%	Unchanged
52	US BANCORP DEL COM NEW USB	USB	19,772	$785.0k0.29%	0.29%	Added +21	+21 0.1%
53	ISHARES U S ETF TR U.S. TECH INDEPD IETC	IETC	10,386	$780.8k0.29%	0.29%	Added +260	+260 2.6%
54	VANGUARD WORLD FD HEALTH CAR ETF VHT	VHT	2,922	$777.2k0.29%	0.29%	Added +342	+342 13.3%
55	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	9,207	$771.2k0.28%	0.28%	Unchanged
56	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	15,554	$768.7k0.28%	0.28%	Unchanged
57	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	2,693	$702.1k0.26%	0.26%	Reduced -384	-384 -12.5%
58	COSTCO WHSL CORP NEW COM COST	COST	775	$658.9k0.24%	0.24%	Unchanged
59	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	2,380	$636.8k0.24%	0.24%	Unchanged
60	HONEYWELL INTL INC COM COM		2,937	$627.1k0.23%	0.23%	Unchanged
61	EXXON MOBIL CORP COM XOM	XOM	5,258	$605.3k0.22%	0.22%	Added +1	+1 0.0%
62	HOME DEPOT INC COM HD	HD	1,749	$602.0k0.22%	0.22%	Added +1	+1 0.1%
63	ISHARES TR US INFRASTRUC IFRA	IFRA	13,634	$574.3k0.21%	0.21%	Added +1	+1 0.0%
64	COMCAST CORP NEW CL A CMCSA	CMCSA	14,601	$571.8k0.21%	0.21%	Added +1.1k	+1,064 7.9%
65	ORACLE CORP COM ORCL	ORCL	3,919	$553.4k0.20%	0.20%	Unchanged
66	GILEAD SCIENCES INC COM GILD	GILD	8,054	$552.6k0.20%	0.20%	Added +1	+1 0.0%
67	ALPHABET INC CAP STK CL A GOOGL	GOOGL	2,966	$540.2k0.20%	0.20%	Added +1	+1 0.0%
68	PFIZER INC COM PFE	PFE	19,281	$539.5k0.20%	0.20%	Added +24	+24 0.1%
69	DISNEY WALT CO COM DIS	DIS	5,259	$522.2k0.19%	0.19%	Reduced -45	-45 -0.8%
70	MASTERCARD INCORPORATED CL A MA	MA	1,183	$522.1k0.19%	0.19%	Unchanged
71	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	1,312	$490.9k0.18%	0.18%	Added +9	+9 0.7%
72	HDFC BANK LTD SPONSORED ADS HDB	HDB	7,568	$486.8k0.18%	0.18%	Added +4.6k	+4,646 159.0%
73	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	1,091	$485.3k0.18%	0.18%	Unchanged
74	ISHARES TR RUSSELL 2000 ETF IWM	IWM	2,372	$481.3k0.18%	0.18%	Added +222	+222 10.3%
75	SEMPRA COM SRE	SRE	6,087	$463.0k0.17%	0.17%	Added +40	+40 0.7%
76	VANGUARD WORLD FD CONSUM DIS ETF VCR	VCR	1,475	$460.8k0.17%	0.17%	Added +88	+88 6.3%
77	CANADIAN NAT RES LTD COM CNQ	CNQ	12,800	$455.7k0.17%	0.17%	Added +24	+24 0.2%
78	ISHARES INC CORE MSCI EMKT IEMG	IEMG	8,490	$454.5k0.17%	0.17%	Reduced -4.2k	-4,159 -32.9%
79	ISHARES TR CORE S&P SCP ETF IJR	IJR	4,259	$454.3k0.17%	0.17%	Added +217	+217 5.4%
80	ISHARES TR EAFE VALUE ETF EFV	EFV	8,018	$425.3k0.16%	0.16%	Added +60	+60 0.8%
81	TARGET CORP COM TGT	TGT	2,826	$418.4k0.15%	0.15%	Unchanged
82	FIRST TR EXCHANGE TRADED FD NASD TECH DIV TDIV	TDIV	5,474	$414.2k0.15%	0.15%	Added +6	+6 0.1%
83	MICRON TECHNOLOGY INC COM MU	MU	3,011	$396.0k0.15%	0.15%	Added +1	+1 0.0%
84	INVESCO EXCH TRADED FD TR II S&P GBL WATER CGW	CGW	7,151	$395.4k0.15%	0.15%	Unchanged
85	BROOKFIELD CORP CL A LTD VT SH BN	BN	9,494	$394.4k0.15%	0.15%	Unchanged
86	QUALCOMM INC COM QCOM	QCOM	1,977	$393.8k0.15%	0.15%	Unchanged
87	ISHARES TR EAFE GRWTH ETF EFG	EFG	3,847	$393.5k0.15%	0.15%	Reduced -5	-5 -0.1%
88	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	5,001	$388.9k0.14%	0.14%	Added +30	+30 0.6%
89	SERVICENOW INC COM NOW	NOW	478	$376.0k0.14%	0.14%	Unchanged
90	ALTRIA GROUP INC COM MO	MO	8,229	$374.8k0.14%	0.14%	Added +78	+78 1.0%
91	ISHARES TR CORE MSCI EAFE IEFA	IEFA	5,061	$367.7k0.14%	0.14%	Added +827	+827 19.5%
92	AT&T INC COM T	T	18,827	$359.8k0.13%	0.13%	Added +1.1k	+1,057 6.0%
93	ISHARES TR MSCI EAFE MIN VL EFAV	EFAV	5,185	$359.6k0.13%	0.13%	Added +20	+20 0.4%
94	NU HLDGS LTD ORD SHS CL A NU	NU	27,664	$356.6k0.13%	0.13%	Added +2.1k	+2,080 8.1%
95	CATERPILLAR INC COM CAT	CAT	1,048	$349.1k0.13%	0.13%	Unchanged
96	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	7,962	$348.4k0.13%	0.13%	Reduced -528	-528 -6.2%
97	WISDOMTREE TR EUROPE SMCP DV DFE	DFE	5,747	$342.4k0.13%	0.13%	Added +91	+91 1.6%
98	ADVANCED MICRO DEVICES INC COM AMD	AMD	2,097	$340.2k0.13%	0.13%	Reduced -16	-16 -0.8%
99	ISHARES TR INTL DIV GRWTH IGRO	IGRO	5,009	$337.6k0.12%	0.12%	Added +42	+42 0.8%
100	VALE S A SPONSORED ADS VALE	VALE	30,074	$335.9k0.12%	0.12%	Unchanged

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
WISDOMTREE TR DEW	DEW	6,111	$310.8k6.1k shares
DANAHER CORPORATION DHR	DHR	100	$25.0k100 shares
ACM RESH INC ACMR	ACMR	255	$7.4k255 shares
TITAN MACHY INC TITN	TITN	205	$5.1k205 shares
PROTO LABS INC PRLB	PRLB	19	$67919 shares
LI-CYCLE HOLDINGS CORP LICY	LICY	401	$413401 shares
VIRGIN GALACTIC HOLDINGS INC		5	$1475 shares
NIKOLA CORP		125	$130125 shares
CUE HEALTH INC HLTHQ	HLTHQ	142	$27142 shares