Leuthold Weeden Capital Management

Registered investment adviser · Minneapolis, MN · CRD #105826

Form ADV data as of 2026-09-01

Regulatory assets

$1.17 billion

Total accounts

200

Employees

Disclosure events

Firm details

Website: https://twitter.com/leutholdgroup
Telephone: 612-332-9141
SEC file number: 801-30686
Most recent Form ADV filing: 2026-07-06
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$1.12 billion
Non-discretionary regulatory assets under management	$47.7 million
Total regulatory assets under management	$1.17 billion
Discretionary accounts	101
Non-discretionary accounts	99
Total accounts	200
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	17
Employees performing investment advisory functions (including research)	7
Employees who are registered representatives of a broker-dealer	2
Employees registered as investment adviser representatives with a state	7
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	0
Firms or persons who solicit advisory clients on the firm's behalf	2

Custody

Has custody of client cash or bank accounts	Yes
Has custody of client securities	Yes
Client funds and securities held in the firm's custody	$41.6 million
Clients for whom the firm has custody	1
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	1

How the firm is compensated

A percentage of assets under managementSubscription fees (for a newsletter or periodical)Fixed fees (other than subscription fees)

Advisory services offered

Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsPublication of periodicals or newsletters

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys or sells for itself securities it also recommends to clients
Recommends securities in which it has another proprietary interest
Executes agency cross transactions involving advisory client securities
Recommends securities for which it serves as underwriter or general partner
Recommends securities in which it has another sales interest
Recommends brokers or dealers to clients
Receives soft dollar benefits
Compensates a non-employee for client referrals

Client types

Type of client	Clients	Assets
High net worth individuals	60	$40.8 million
Investment companies	5	$727.8 million
Pooled investment vehicles (other than investment companies and BDCs)	1	$41.6 million
Pension and profit sharing plans (not the participants or government plans)	1	$12.3 million
Corporations or other businesses not listed above	34	$298.7 million
Other	99	$47.7 million