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.
SEC-registered adviser
Tealwood Asset Management
Legal name Tealwood Asset Management Inc
Latest filing Feb 6, 2026
First filing on the tape Dec 6, 2011 · 51 filings
SEC status approved since Mar 18, 1987
RAUM
$365M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$356M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$73.1M
derived; firm RAUM over IAPD count
Employees
7
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
51 filings and snapshots on the tape
RAUM$365M as of Feb 6, 2026
Jan 19, 2012$314M then
HNW client RAUM$317M as of Feb 6, 2026
Feb 28, 2018$387M then
State-registered IARs (5.B.3)4 as of Feb 6, 2026
Feb 7, 20132 then
Employees (5.A)7 as of Feb 6, 2026
Feb 7, 20138 then
Private funds: no history
RAUM +0.3% over the last fiscal year+3.7% a year over threeIARs 5 to 4
Practice profile
derived from the filing of Feb 6, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $73.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 46derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.9MderivedHNW RAUM over HNW clients
- Average account
- $536,561derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 1.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.4derivedItem 5.A over advisors
- Advisors per office
- 5.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +0.3%derivedbetween the last two annual amendments
- Advisor growth, one year
- -20%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -1.7%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Wrap fee program
- $2.9MreportedItem 5.I
- Custody
- $76.5M, 231 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$317M87%
- Individuals$39.6M11%
- Pension and profit-sharing plans$3.1M0.9%
- Other investment advisers$3.1M0.8%
- Corporations and businesses$2.5M0.7%
- Charitable organizations$453,0740.1%
- Investment companies$195,2190.1%
- Individual clients
- 61reported
- HNW clients
- 169reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 681reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- $2.9M sponsored, $0 managedreported
- Custody of client assets
- $76.5M for 231 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.97 fund_share=0.01 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Charles Cheyne Mahar | Minneapolis, Mn | May 11, 2006 | 43 y | 0 |
| Steven Matthew RichterChartered Financial Analyst | Minneapolis, Mn | Dec 19, 2013 | 19 y | 0 |
| John Carl Zevnick | Minneapolis, Mn | Dec 19, 2013 | 16 y | 0 |
| Stephen Peet MoseleyCertified Financial Planner | Minneapolis, Mn | Feb 25, 2016 | 25 y | 2 |
| David Young Neal | Minneapolis, Mn | Jan 1, 2026 | 27 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Todd Frederick Krough to Umb Private Wealth Management, LLCFeb 22, 2023 · Other
- Wendy K Bennis to Isc Financial AdvisorsJul 27, 2021 · RIA to RIA
Joined, latest
- Todd Frederick Krough from Alliancebernstein L.P.Oct 26, 2017 · Other
- Stephen Peet Moseley from Strategic Advisers LLCFeb 25, 2016 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Cheyne Charles Mahar · Chairmancontrolsince 10/2024 · owns 50% to 75%
- Peet Stephen Moseley · Ceocontrolsince 10/2024 · owns 10% to 25%
- Matthew Steven Richter · Ciocontrolsince 10/2024 · owns 10% to 25%
- Elizabeth Michelle Warneke · Chief Compliance Officercontrolsince 06/2022 · owns less than 5%
- Carl John Zevnick · Ownersince 01/2024 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Minneapolis, Mn · principal | 5 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 738 to 681Jan 28, 2025 to Feb 6, 2026
- Advisory employees · 5 to 4Jan 28, 2025 to Feb 6, 2026
- Charity clients · 1.0 to unsetJan 28, 2025 to Feb 6, 2026
- Corporate clients · 3.0 to unsetJan 28, 2025 to Feb 6, 2026
- HNW clients · 111 to 169Jan 28, 2025 to Feb 6, 2026
- Individual clients · 123 to 61Jan 28, 2025 to Feb 6, 2026
- Pension plan clients · 1.0 to unsetJan 28, 2025 to Feb 6, 2026
- Assets in custody · $167M to $76.5MJan 28, 2025 to Feb 6, 2026
- State-registered IARs · 5 to 4Jan 28, 2025 to Feb 6, 2026
- Discretionary RAUM · $364M to $365MJan 28, 2025 to Feb 6, 2026
- HNW RAUM · $275M to $317MJan 28, 2025 to Feb 6, 2026
- Individual RAUM · $69.7M to $39.6MJan 28, 2025 to Feb 6, 2026
- Non-discretionary RAUM · $239,627 to $0Jan 28, 2025 to Feb 6, 2026
- Pension RAUM · $2.9M to $3.1MJan 28, 2025 to Feb 6, 2026
- RAUM · $364M to $365MJan 28, 2025 to Feb 6, 2026
- Wrap assets (sponsor) · $4.7M to $2.9MJan 28, 2025 to Feb 6, 2026
- Accounts · 775 to 738Oct 14, 2024 to Jan 28, 2025
- Advisory employees · 4 to 5Oct 14, 2024 to Jan 28, 2025
- Charity clients · 2 to 1Oct 14, 2024 to Jan 28, 2025
- Corporate clients · 1 to 3Oct 14, 2024 to Jan 28, 2025
- HNW clients · 114 to 111Oct 14, 2024 to Jan 28, 2025
- Individual clients · 136 to 123Oct 14, 2024 to Jan 28, 2025
- Pension plan clients · 0 to 1Oct 14, 2024 to Jan 28, 2025
- Assets in custody · $118M to $167MOct 14, 2024 to Jan 28, 2025
- Financial planning clients · 1-10 to 1-10Oct 14, 2024 to Jan 28, 2025
- State-registered IARs · 4 to 5Oct 14, 2024 to Jan 28, 2025
- Discretionary RAUM · $343M to $364MOct 14, 2024 to Jan 28, 2025
- HNW RAUM · $261M to $275MOct 14, 2024 to Jan 28, 2025
- Individual RAUM · $64.9M to $69.7MOct 14, 2024 to Jan 28, 2025
- Non-discretionary RAUM · $537,397 to $239,627Oct 14, 2024 to Jan 28, 2025
- Pension RAUM · $0 to $2.9MOct 14, 2024 to Jan 28, 2025
- RAUM · $344M to $364MOct 14, 2024 to Jan 28, 2025
- Wrap assets (sponsor) · $4.8M to $4.7MOct 14, 2024 to Jan 28, 2025
- Employees · 5 to 7Mar 28, 2024 to Oct 14, 2024
- Accounts · 808 to 775Mar 22, 2023 to Mar 28, 2024
- Advisory employees · 5 to 4Mar 22, 2023 to Mar 28, 2024
- HNW clients · 125 to 114Mar 22, 2023 to Mar 28, 2024
- Individual clients · 144 to 136Mar 22, 2023 to Mar 28, 2024
- Assets in custody · $88.3M to $118MMar 22, 2023 to Mar 28, 2024
- Employees · 6 to 5Mar 22, 2023 to Mar 28, 2024
Signals
2 dated events
- Todd Frederick Krough left Tealwood Asset Management for Umb Private Wealth Management, Llc (registered 2026-05-12)Feb 22, 2023 · Advisor changed firm · fact
- Lynn Jodi Halbert (Principal Owner) no longer on Schedule A of Tealwood Asset Management (listed 2020-03-30, absent 2020-06-01)Jun 1, 2020 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business email
- serviceteam@tealwood.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 612-340-0181reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/tealwood-asset-managementreportedpublic record, Form ADV, Sep 18, 2026
- Website
- TEALWOOD.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 612-340-0181reportedpublic record, Form ADV, Feb 6, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $73.1Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026