DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Registered advisor

Justin Nicholas Frys

Cherry Tree Wealth Management, LLCindependent RIAMinnetonka, Mndual registrantIAPD 2836394

Feed of 09/14/2026

At current firm

7 y

since Aug 14, 2019

In the industry

28 y

since Aug 28, 1998 (earliest exam, job or registration)

Prior registered firms

IAPD previous registrations

State registrations

current, as an IAR

Firms today

current registrations

Exams

S63, S65

IA exams only

Book size

not public

not estimated here

Signals

dated events on this person

Professional profile

what the firm itself publishes, with the page it was read from

Title: Investment Advisorreportedcherrytreewealth.comfirm site, Sep 15, 2026

Only business contact points the firm published under its own name are shown; nothing is inferred, and personal accounts are never read. What the bio page says is printed as the firm printed it, with the sentence it came from; years are the firm’s claim, not a count of registrations.

Registration history

IAPD current and previous registrations

Cherry Tree Wealth Management, LLC independent RIA current
since Aug 14, 2019 · Minnetonka, Mn
E*Trade Capital Management, LLC former
Feb 25, 2016 to Jul 18, 2019 · Minneapolis, Mn
Waddell & Reed former
Dec 16, 2014 to Feb 26, 2016 · Savage, Mn
B. C. Ziegler And Company former
Dec 3, 2013 to Sep 17, 2014 · Chicago, Il
Wells Fargo Advisors wirehouse
Mar 14, 2000 to Oct 10, 2002 · Minneapolis, Mn

Moves

a registration end followed by a registration begin elsewhere

E*Trade Capital Management, LLC to Cherry Tree Wealth Management, LLC
left Jul 18, 2019, registered Aug 14, 2019 (27 days) · RIA to RIA
Waddell & Reed to E*Trade Capital Management, LLC
left Feb 26, 2016, registered Feb 25, 2016 (-1 days) · Other
B. C. Ziegler And Company to Waddell & Reed
left Sep 17, 2014, registered Dec 16, 2014 (90 days) · Other
Wells Fargo Advisors to B. C. Ziegler And Company
left Oct 10, 2002, registered Dec 3, 2013 (4072 days) · Other

Signals

No dated event on this person.

Transition signals

Mobility scoring is not published yet. The observable conditions this page will draw on once the historical validation is done: tenure, the firm’s own departures and ownership changes, new state registrations, a new adviser entity with this person on Schedule A, and colleagues’ moves. Until precision and lead time are measured on known moves, no label is printed. Read the methodology.

Provenance

Source: IAPD individual compilation feedreportedadviserinfo.sec.gov
Firm class: Independent wealth managerderived
Years in industry: 28derivedfrom the earliest dated exam, employment or registration
Not published: disclosure flags, outside business text, branch street address