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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

STAR CAPITAL INC.

CRD 171057

EDINA, MN

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:2695fe58-c8c2-bdd0-a02c-72c28582d4dc

Data as of Aug 31, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 9:33 AM UTC and rebuilt at most every 15 minutes.

Relationships: 11
Dated events: 2
On other graphs: 0
Observed: Jul 12, 2023 to Aug 31, 2026
14 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=1.0
Regulatory AUM: $144MItem 5.F on the latest filing (2026-08-31); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $144M
Private client RAUM: $143MderivedItem 5.D individuals plus high net worth individuals
Private client share: 99%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 5
RAUM per advisor: $28.7Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 6
Advisory employees: 6
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 1,913
Individual clients: 664
High net worth clients: 33
Custody, client assets: $11.1M
SEC number: 801-128552
CRD: 171057
Filings on the tape: 14
First filed: Jul 12, 2023
Latest filed: Aug 31, 2026
Organised: Corporation, MN

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
GREGORY BRIAN NELSON	Certified Financial Planner	EDINA, MN \| ROCHESTER, MN	12	26	1	yes
ADAM LEE RAINEY	Certified Financial Planner	ROCHESTER, MN \| Rochester, MN	9	11	1	yes
TIMOTHY R MERRILL	n/a	EDINA, MN	4	14	1	no
ANDREA JANE THOMAS	Chartered Financial Analyst	EDINA, MN \| FAIRHOPE, AL	2	33	n/a	no
GERALD JOSEPH SCANE	n/a	EDINA, MN \| FAIRHOPE, AL	2	36	n/a	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
MERRILL, TIMOTHY, R	PRESIDENT AND CHIEF COMPLIANCE OFFICER	E	yes	07/2019	Jul 12, 2023	Dec 18, 2024

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Rochester	Mn	United States	2	yes
n/a	n/a	n/a	2	no
BOCA RATON	FL	United States	1	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 24, 2026	$144M	$144M	6	6	2	n/a	n/a
2024	Apr 22, 2025	$143M	$143M	7	7	3	n/a	n/a
2023	Mar 7, 2024	$136M	$136M	7	7	3	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$144M	$143M	0.1%	n/a	n/a	6	7	2	3

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
NEXT FINANCIAL GROUP, INC.	2	Oct 8, 2015	Oct 11, 2016	ROCHESTER, MN	Team lift out	Other	0.5%

Relationships

Registered with (9)

← GERALD JOSEPH SCANEAdvisorregistration: current employment
Mar 7, 2024 to presentfactForm ADV
← ANDREA JANE THOMASAdvisorregistration: current employment
Oct 18, 2023 to presentfactForm ADV
← TIMOTHY R MERRILLAdvisorregistration: current employment
Feb 17, 2022 to presentfactForm ADV
← ADAM LEE RAINEYAdvisorregistration: current employment
Oct 11, 2016 to presentfactForm ADV
← GREGORY BRIAN NELSONAdvisorregistration: current employment
Jul 1, 2014 to presentfactForm ADV
← NATHAN ANDREW LOVIKAdvisorregistration: previous registration
Nov 17, 2017 to Mar 29, 2023factForm ADV
← WADE MICHAEL JOHNSONAdvisorregistration: previous registration
Mar 13, 2020 to Dec 31, 2020factForm ADV
← Gregory Lee PetrieAdvisorregistration: previous registration
Oct 6, 2015 to Jul 31, 2020factForm ADV
← Adam BeachAdvisorregistration: previous registration
Nov 9, 2018 to Feb 13, 2019factForm ADV

Controls (1)

← MERRILL, TIMOTHY, ROwnerPRESIDENT AND CHIEF COMPLIANCE OFFICER, ownership code E, individual
Jul 12, 2023 to Dec 18, 2024factForm ADV

Moved with (1)

← NEXT FINANCIAL GROUP, INC.Registered adviser2 advisors, team lift out, same day
Oct 8, 2015 to Oct 11, 2016factForm ADV

Dated events

Occurred
Jul 12, 2023
First Form ADV filing
Star Capital Inc. filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago
Occurred
Mar 29, 2023
Advisor changed firm
Nathan Andrew Lovik left Star Capital Inc. for Strategic Asset Management Llc. (registered 2020-02-05)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:2695fe58-c8c2-bdd0-a02c-72c28582d4dc
First observed: Jul 12, 2023
Last observed: Aug 31, 2026 19 days ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

STAR CAPITAL INC.

CRD 171057

EDINA, MN

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:2695fe58-c8c2-bdd0-a02c-72c28582d4dc

Data as of Aug 31, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 9:33 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

GREGORY BRIAN NELSON

Certified Financial Planner

EDINA, MN | ROCHESTER, MN

yes

ADAM LEE RAINEY

Certified Financial Planner

ROCHESTER, MN | Rochester, MN

yes

TIMOTHY R MERRILL

n/a

EDINA, MN

ANDREA JANE THOMAS

Chartered Financial Analyst

EDINA, MN | FAIRHOPE, AL

n/a

GERALD JOSEPH SCANE

n/a

EDINA, MN | FAIRHOPE, AL

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

MERRILL, TIMOTHY, R

PRESIDENT AND CHIEF COMPLIANCE OFFICER

yes

07/2019

Jul 12, 2023

Dec 18, 2024

City

State

Country

Employees

Also broker-dealer

Rochester

United States

yes

n/a

BOCA RATON

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 24, 2026

$144M

n/a

2024

Apr 22, 2025

$143M

n/a

2023

Mar 7, 2024

$136M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$144M

$143M

0.1%

n/a

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

NEXT FINANCIAL GROUP, INC.

Oct 8, 2015

Oct 11, 2016

ROCHESTER, MN

Team lift out

Other

0.5%