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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

WINTER & ASSOCIATES, INC.

CRD 310349

ST. PAUL, 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:3e28f236-b98e-f780-bbae-edcda2999009

Data as of Aug 18, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 10:12 AM UTC and rebuilt at most every 15 minutes.

Relationships: 7
Dated events: 3
On other graphs: 0
Observed: Jan 3, 2022 to Aug 18, 2026
17 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=0.93 fund_share=0.0 institutional_share=0.07 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $180MItem 5.F on the latest filing (2026-08-18); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $167M
Private client RAUM: $167MderivedItem 5.D individuals plus high net worth individuals
Private client share: 93%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 4
RAUM per advisor: $44.9Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 5
Advisory employees: 4
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 565
Individual clients: 161
High net worth clients: 42
SEC number: 801-123146
CRD: 310349
Filings on the tape: 17
First filed: Jan 3, 2022
Latest filed: Aug 18, 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
NICOLE WINTER TIETEL	n/a	ST. PAUL, MN	5	31	2	no
TAYLOR JOHN FLOREN	n/a	ST. PAUL, MN	5	13	2	no
SHELBY ANN BIRKELAND	n/a	ST. PAUL, MN	1	13	n/a	no
JORDAN RENAE HEAVENS	n/a	ST. PAUL, MN	0	10	1	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
TIETEL, NICOLE, WINTER	PRESIDENT, CHIEF COMPLIANCE OFFICER AND INVESTMENT ADVISOR	E	yes	02/2001	Jan 3, 2022	Nov 6, 2024

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; showing 5 of 6

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Private funds	Fund GAV
2025	Apr 6, 2026	$180M	$167M	5	4	n/a	n/a
2024	Apr 24, 2025	$147M	$138M	5	4	n/a	n/a
2023	Mar 14, 2024	$116M	$110M	4	3	n/a	n/a
2022	Mar 7, 2023	$98.4M	$95.6M	4	3	n/a	n/a
2021	Mar 24, 2022	$101M	$98.8M	4	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
1	1	0	25.0%	1	0	0	2	2

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	$180M	$147M	21.9%	$98.4M	22.2%	5	5	0	0

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
CRI SECURITIES, LLC	2	Jan 6, 2021	Jan 4, 2021	MINNEAPOLIS, MN	Team lift out	Ibd to RIA	1.2%

Relationships

Registered with (6)

← JORDAN RENAE HEAVENSAdvisorregistration: current employment
Jul 30, 2026 to presentfactForm ADV
← SHELBY ANN BIRKELANDAdvisorregistration: current employment
Nov 5, 2024 to presentfactForm ADV
← NICOLE WINTER TIETELAdvisorregistration: current employment
Jan 4, 2021 to presentfactForm ADV
← TAYLOR JOHN FLORENAdvisorregistration: current employment
Jan 4, 2021 to presentfactForm ADV
← EDWARD JOHN ANDERSONAdvisorregistration: previous registration
Mar 12, 2025 to Jun 18, 2026factForm ADV
← Hailey Marie MelanderAdvisorregistration: previous registration
Dec 15, 2020 to Jan 7, 2025factForm ADV

Controls (1)

← TIETEL, NICOLE, WINTEROwnerPRESIDENT, CHIEF COMPLIANCE OFFICER AND INVESTMENT ADVISOR, ownership code E, individual
Jan 3, 2022 to Nov 6, 2024factForm ADV

Dated events

Occurred
Jun 18, 2026
Advisor changed firm
Edward John Anderson left Winter & Associates, Inc. for Twin Arbor Wealth Management Llc (registered 2026-06-02)
Form ADVobserved 4 days ago
Occurred
Jan 7, 2025
Advisor changed firm
Hailey Marie Melander left Winter & Associates, Inc. for Wealth Enhancement Advisory Services, Llc (registered 2025-01-21)
Form ADVobserved 4 days ago
Occurred
Jan 3, 2022
First Form ADV filing
Winter & Associates, Inc. filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:3e28f236-b98e-f780-bbae-edcda2999009
First observed: Jan 3, 2022
Last observed: Aug 18, 2026 32 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.

WINTER & ASSOCIATES, INC.

CRD 310349

ST. PAUL, 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:3e28f236-b98e-f780-bbae-edcda2999009

Data as of Aug 18, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 10:12 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

NICOLE WINTER TIETEL

n/a

ST. PAUL, MN

TAYLOR JOHN FLOREN

n/a

ST. PAUL, MN

SHELBY ANN BIRKELAND

n/a

ST. PAUL, MN

n/a

JORDAN RENAE HEAVENS

n/a

ST. PAUL, MN

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

TIETEL, NICOLE, WINTER

PRESIDENT, CHIEF COMPLIANCE OFFICER AND INVESTMENT ADVISOR

yes

02/2001

Jan 3, 2022

Nov 6, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Apr 6, 2026

$180M

$167M

n/a

2024

Apr 24, 2025

$147M

$138M

n/a

2023

Mar 14, 2024

$116M

$110M

n/a

2022

Mar 7, 2023

$98.4M

$95.6M

n/a

2021

Mar 24, 2022

$101M

$98.8M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

25.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$180M

$147M

21.9%

$98.4M

22.2%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

CRI SECURITIES, LLC

Jan 6, 2021

Jan 4, 2021

MINNEAPOLIS, MN

Team lift out

Ibd to RIA

1.2%