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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

FJELL CAPITAL

FJELL CAPITAL, LLC, CRD 327541

FARGO, ND

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:92afe7ae-28ec-bec7-be67-eabb979fb6b8

Data as of Aug 24, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 3:52 PM UTC and rebuilt at most every 15 minutes.

Relationships: 9
Dated events: 5
On other graphs: 0
Observed: Jul 15, 2023 to Aug 24, 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=0.96 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $187MItem 5.F on the latest filing (2026-08-24); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $184M
Private client RAUM: $180MderivedItem 5.D individuals plus high net worth individuals
Private client share: 96%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 4
RAUM per advisor: $46.8Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 4
Advisory employees: 3
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 654
Individual clients: 154
High net worth clients: 48
Custody, client assets: $57.1M
SEC number: 801-128577
CRD: 327541
Filings on the tape: 14
First filed: Jul 15, 2023
Latest filed: Aug 24, 2026
Organised: Limited Liability Company, DE

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
THOMAS MARTIN STADUM	n/a	FARGO, ND	3	13	2	no
Daniel Brian Schuster	Certified Financial Planner	FARGO, ND	3	18	2	no
Jacob Bill Radke	n/a	FARGO, ND	3	19	1	no
Keith William Gregor	Chartered Financial Analyst	Phoenix, AZ \| FARGO, ND	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
Radke, Jacob, Bill	DIRECTOR, PLATFORM	Na	yes	08/2024	Sep 20, 2024	Sep 20, 2024
Schuster, Daniel, Brian	DIRECTOR, WEALTH MANAGEMENT	Na	yes	08/2024	Sep 20, 2024	Sep 20, 2024
STADUM, THOMAS M, MARTIN	CHIEF EXECUTIVE OFFICER / CHIEF COMPLIANCE OFFICER	E	yes	07/2020	Jul 15, 2023	Sep 20, 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 3 of 4

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Apr 16, 2026	$187M	$184M	4	3	1	n/a	n/a
2024	Mar 26, 2025	$157M	$146M	5	5	0	n/a	n/a
2023	Mar 28, 2024	$130M	$119M	5	5	0	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	1	1

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	$187M	$157M	19.0%	n/a	n/a	4	5	2	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
SANCTUARY ADVISORS, LLC	3	Oct 2, 2023	Aug 28, 2023	FARGO, ND	Team lift out	Ibd to new firm	1.1%

Relationships

Registered with (5)

← Keith William GregorAdvisorregistration: current employment
Aug 25, 2026 to presentfactForm ADV
← Jacob Bill RadkeAdvisorregistration: current employment
Aug 28, 2023 to presentfactForm ADV
← THOMAS MARTIN STADUMAdvisorregistration: current employment
Aug 18, 2023 to presentfactForm ADV
← Daniel Brian SchusterAdvisorregistration: current employment
Aug 18, 2023 to presentfactForm ADV
← Joshua B SlevinAdvisorregistration: previous registration
Jun 10, 2025 to Mar 10, 2026factForm ADV

Controls (3)

← STADUM, THOMAS M, MARTINOwnerCHIEF EXECUTIVE OFFICER / CHIEF COMPLIANCE OFFICER, ownership code E, individual
Jul 15, 2023 to Sep 20, 2024factForm ADV
← Schuster, Daniel, BrianOwnerDIRECTOR, WEALTH MANAGEMENT, ownership code NA, individual
Sep 20, 2024 to Sep 20, 2024factForm ADV
← Radke, Jacob, BillOwnerDIRECTOR, PLATFORM, ownership code NA, individual
Sep 20, 2024 to Sep 20, 2024factForm ADV

Moved with (1)

← SANCTUARY ADVISORS, LLCRegistered adviser2 advisors, team lift out, same day
Oct 2, 2023 to Aug 18, 2023factForm ADV

Dated events

Occurred
Mar 10, 2026
Advisor changed firm
Joshua B Slevin left Fjell Capital for Robert W. Baird & Co. Incorporated (registered 2026-07-01)
Form ADVobserved 5 days ago
Occurred
Sep 20, 2024
Control person joined
Brian Daniel Schuster (Director, Wealth Management) appeared on Schedule A of Fjell Capital
Form ADVobserved 5 days ago
Occurred
Sep 20, 2024
Control person joined
Bill Jacob Radke (Director, Platform) appeared on Schedule A of Fjell Capital
Form ADVobserved 5 days ago
Occurred
Oct 2, 2023
Team lift-out
3 advisors left Sanctuary Advisors, LLC (Fargo, ND) for Fjell Capital on the same day
Form ADVobserved 4 days ago
3 advisors
Occurred
Jul 15, 2023
First Form ADV filing
Fjell Capital filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:92afe7ae-28ec-bec7-be67-eabb979fb6b8
First observed: Jul 15, 2023
Last observed: Aug 24, 2026 27 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.

FJELL CAPITAL

FJELL CAPITAL, LLC, CRD 327541

FARGO, ND

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:92afe7ae-28ec-bec7-be67-eabb979fb6b8

Data as of Aug 24, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 3:52 PM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

THOMAS MARTIN STADUM

n/a

FARGO, ND

Daniel Brian Schuster

Certified Financial Planner

FARGO, ND

Jacob Bill Radke

n/a

FARGO, ND

Keith William Gregor

Chartered Financial Analyst

Phoenix, AZ | FARGO, ND

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

Radke, Jacob, Bill

DIRECTOR, PLATFORM

yes

08/2024

Sep 20, 2024

Schuster, Daniel, Brian

DIRECTOR, WEALTH MANAGEMENT

yes

08/2024

Sep 20, 2024

STADUM, THOMAS M, MARTIN

CHIEF EXECUTIVE OFFICER / CHIEF COMPLIANCE OFFICER

yes

07/2020

Jul 15, 2023

Sep 20, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Apr 16, 2026

$187M

$184M

n/a

2024

Mar 26, 2025

$157M

$146M

n/a

2023

Mar 28, 2024

$130M

$119M

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

$187M

$157M

19.0%

n/a

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

SANCTUARY ADVISORS, LLC

Oct 2, 2023

Aug 28, 2023

FARGO, ND

Team lift out

Ibd to new firm

1.1%