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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

HIGHMARK WEALTH MANAGEMENT LLC

CRD 164790

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:d45c6c5f-75a2-f5fc-37d5-c15ecc1eb23a

Data as of Apr 28, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 5:28 PM UTC and rebuilt at most every 15 minutes.

Relationships: 9
Dated events: 2
On other graphs: 0
Observed: Jul 2, 2012 to Apr 28, 2026
37 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=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=3.0
Regulatory AUM: $612MItem 5.F on the latest filing (2026-04-28); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $612M
Private client RAUM: $612MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 5
RAUM per advisor: $122Mderivedthe 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: 1,679
Individual clients: 258
High net worth clients: 171
SEC number: 801-76896
CIK: 1802451
CRD: 164790
Filings on the tape: 37
First filed: Jul 2, 2012
Latest filed: Apr 28, 2026
Organised: Limited Liability Company, 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
TODD EDWARD ARENS	n/a	ST. PAUL, MN	14	32	1	yes
JEROD GUSTAFSON	n/a	ST. PAUL, MN	12	30	1	yes
PATRICK J. SULLIVAN	Certified Financial Planner	ST. PAUL, MN	11	14	n/a	yes
Daniel R Sullivan	Certified Financial Planner	ST. PAUL, MN	7	12	n/a	no
Emmett Karl Gustafson	n/a	ST. PAUL, MN	0	10	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
ARENS, TODD, EDWARD	MANAGING MEMBER AND CHIEF COMPLIANCE OFFICER	E	yes	07/2012	Jul 2, 2012	Oct 2, 2024
SULLIVAN, PATRICK, J.	WEALTH STRATEGIST AND PARTNER	B	no	01/2016	May 16, 2016	Oct 2, 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 14 of 15

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Apr 28, 2026	$612M	$612M	5	4	0	n/a	n/a
2024	Apr 1, 2025	$523M	$523M	6	4	0	n/a	n/a
2023	Mar 28, 2024	$484M	$484M	6	4	0	n/a	n/a
2022	Mar 31, 2023	$399M	$399M	6	4	0	n/a	n/a
2021	Mar 30, 2022	$422M	$422M	6	4	0	n/a	n/a
2020	Mar 26, 2021	$392M	$392M	6	4	0	n/a	n/a
2019	Mar 27, 2020	$311M	$311M	6	4	0	n/a	n/a
2018	Mar 29, 2019	$251M	$251M	8	6	0	n/a	n/a
2017	Mar 29, 2018	$240M	$240M	8	5	0	n/a	n/a
2016	Mar 27, 2017	$190M	$190M	7	5	n/a	n/a	n/a
2015	Mar 29, 2016	$154M	$154M	7	3	n/a	n/a	n/a
2014	Mar 28, 2015	$159M	$159M	8	3	n/a	n/a	n/a
2013	Mar 25, 2014	$124M	$124M	5	2	n/a	n/a	n/a
2012	Mar 22, 2013	$244M	$113M	6	2	n/a	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	1	-1	20.0%	0	0	0	0	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	$612M	$523M	17.0%	$399M	15.3%	5	6	0	0

Relationships

Registered with (7)

← Emmett Karl GustafsonAdvisorregistration: current employment
Aug 19, 2026 to presentfactForm ADV
← Daniel R SullivanAdvisorregistration: current employment
Oct 1, 2018 to presentfactForm ADV
← PATRICK J. SULLIVANAdvisorregistration: current employment
Nov 13, 2014 to presentfactForm ADV
← JEROD GUSTAFSONAdvisorregistration: current employment
Sep 12, 2014 to presentfactForm ADV
← TODD EDWARD ARENSAdvisorregistration: current employment
Jul 25, 2012 to presentfactForm ADV
← DEBORAH FRANCES PETERSONAdvisorregistration: previous registration
Dec 4, 2012 to Nov 24, 2025factForm ADV
← KURT STEVEN ALTRICHTERAdvisorregistration: previous registration
Jan 26, 2017 to Jul 9, 2019factForm ADV

Controls (1)

← ARENS, TODD, EDWARDOwnerMANAGING MEMBER AND CHIEF COMPLIANCE OFFICER, ownership code E, individual
Jul 2, 2012 to Oct 2, 2024factForm ADV

Owns (1)

← SULLIVAN, PATRICK, J.OwnerWEALTH STRATEGIST AND PARTNER, ownership code B, individual
May 16, 2016 to Oct 2, 2024factForm ADV

Dated events

Occurred
Nov 24, 2025
Advisor changed firm
Deborah Frances Peterson left Highmark Wealth Management Llc for Ubs Financial Services Inc. (registered 2025-12-17)
Form ADVobserved 6 days ago
Occurred
Jul 2, 2012
First Form ADV filing
Highmark Wealth Management Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:d45c6c5f-75a2-f5fc-37d5-c15ecc1eb23a
First observed: Jul 2, 2012
Last observed: Apr 28, 2026 4 months 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.

HIGHMARK WEALTH MANAGEMENT LLC

CRD 164790

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:d45c6c5f-75a2-f5fc-37d5-c15ecc1eb23a

Data as of Apr 28, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 5:28 PM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

TODD EDWARD ARENS

n/a

ST. PAUL, MN

yes

JEROD GUSTAFSON

n/a

ST. PAUL, MN

yes

PATRICK J. SULLIVAN

Certified Financial Planner

ST. PAUL, MN

n/a

yes

Daniel R Sullivan

Certified Financial Planner

ST. PAUL, MN

n/a

Emmett Karl Gustafson

n/a

ST. PAUL, MN

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

ARENS, TODD, EDWARD

MANAGING MEMBER AND CHIEF COMPLIANCE OFFICER

yes

07/2012

Jul 2, 2012

Oct 2, 2024

SULLIVAN, PATRICK, J.

WEALTH STRATEGIST AND PARTNER

01/2016

May 16, 2016

Oct 2, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Apr 28, 2026

$612M

n/a

2024

Apr 1, 2025

$523M

n/a

2023

Mar 28, 2024

$484M

n/a

2022

Mar 31, 2023

$399M

n/a

2021

Mar 30, 2022

$422M

n/a

2020

Mar 26, 2021

$392M

n/a

2019

Mar 27, 2020

$311M

n/a

2018

Mar 29, 2019

$251M

n/a

2017

Mar 29, 2018

$240M

n/a

2016

Mar 27, 2017

$190M

n/a

2015

Mar 29, 2016

$154M

n/a

2014

Mar 28, 2015

$159M

n/a

2013

Mar 25, 2014

$124M

n/a

2012

Mar 22, 2013

$244M

$113M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

-1

20.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$612M

$523M

17.0%

$399M

15.3%