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

Viking Fund Management LLC

Asset manager (funds and pooled vehicles)Minot, North DakotaCRD 107927SEC 801-56605IAPD
Latest filing Mar 27, 2026
First filing on the tape Mar 28, 2012 · 17 filings
SEC status approved since Jul 2, 1999
RAUM
$1.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$1.1B as of Mar 27, 2026
Mar 28, 2012$769M then
HNW client RAUM$0 as of Mar 27, 2026
Mar 27, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 28, 20120 then
Employees (5.A)5 as of Mar 27, 2026
Mar 27, 20138 then
Private funds: no history
RAUM +21% over the last fiscal year+11% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$95.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 5.G
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$1.1B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
12reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=2.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • M Kevin Flagstad · Chief Compliance Officercontrol
        since 08/2009 · owns less than 5%
      • Erik Kraig Klebe · Treasurer/Governorcontrol
        since 09/2011 · owns less than 5%
      • Doyle Shannon Radke · President/Governorcontrol
        since 09/1998 · owns less than 5%
      Entity owners
      • Corridor Investors, LLC · Parent
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $950M to $1.1B
        Mar 27, 2025 to Mar 27, 2026
      • RAUM · $950M to $1.1B
        Mar 27, 2025 to Mar 27, 2026
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 27, 2025
      • Discretionary RAUM · $848M to $950M
        Mar 27, 2024 to Mar 27, 2025
      • RAUM · $848M to $950M
        Mar 27, 2024 to Mar 27, 2025
      • RAUM · $851M to $848M
        Mar 27, 2023 to Mar 27, 2024
      • Accounts · 11 to 12
        Mar 27, 2023 to Mar 27, 2024
      • Discretionary RAUM · $851M to $848M
        Mar 27, 2023 to Mar 27, 2024
      • Advisory employees · 5 to 4
        Mar 25, 2022 to Mar 27, 2023
      • Employees · 6 to 5
        Mar 25, 2022 to Mar 27, 2023
      • Discretionary RAUM · $862M to $851M
        Mar 25, 2022 to Mar 27, 2023
      • RAUM · $862M to $851M
        Mar 25, 2022 to Mar 27, 2023
      • Accounts · 12 to 11
        Mar 26, 2021 to Mar 25, 2022
      • Discretionary RAUM · $742M to $862M
        Mar 26, 2021 to Mar 25, 2022
      • RAUM · $742M to $862M
        Mar 26, 2021 to Mar 25, 2022
      • Advisory employees · 6 to 5
        Mar 26, 2020 to Mar 26, 2021
      • Employees · 7 to 6
        Mar 26, 2020 to Mar 26, 2021
      • Discretionary RAUM · $705M to $742M
        Mar 26, 2020 to Mar 26, 2021
      • RAUM · $705M to $742M
        Mar 26, 2020 to Mar 26, 2021
      • Accounts · 11 to 12
        Mar 26, 2019 to Mar 26, 2020
      • Discretionary RAUM · $650M to $705M
        Mar 26, 2019 to Mar 26, 2020
      • RAUM · $650M to $705M
        Mar 26, 2019 to Mar 26, 2020
      • Accounts · 12 to 11
        Mar 27, 2018 to Mar 26, 2019
      • Discretionary RAUM · $944M to $650M
        Mar 27, 2018 to Mar 26, 2019
      • RAUM · $944M to $650M
        Mar 27, 2018 to Mar 26, 2019
      • BD registered reps · 4 to 2
        Mar 28, 2017 to Mar 27, 2018
      • Charity clients · unset to 0.0
        Mar 28, 2017 to Mar 27, 2018
      • Corporate clients · unset to 0.0
        Mar 28, 2017 to Mar 27, 2018
      • HNW clients · unset to 0.0
        Mar 28, 2017 to Mar 27, 2018
      • Individual clients · unset to 0.0
        Mar 28, 2017 to Mar 27, 2018
      • Pension plan clients · unset to 0.0
        Mar 28, 2017 to Mar 27, 2018
      • Pooled vehicle clients · unset to 0.0
        Mar 28, 2017 to Mar 27, 2018
      • Other offices · unset to 0.0
        Mar 28, 2017 to Mar 27, 2018
      • Discretionary RAUM · $1.1B to $944M
        Mar 28, 2017 to Mar 27, 2018
      • HNW RAUM · unset to 0.0
        Mar 28, 2017 to Mar 27, 2018
      • Individual RAUM · unset to 0.0
        Mar 28, 2017 to Mar 27, 2018
      • Pension RAUM · unset to 0.0
        Mar 28, 2017 to Mar 27, 2018
      • Pooled vehicle RAUM · unset to 0.0
        Mar 28, 2017 to Mar 27, 2018
      • RAUM · $1.1B to $944M
        Mar 28, 2017 to Mar 27, 2018
      • Accounts · 11 to 12
        Mar 28, 2016 to Mar 28, 2017
      Signals
      4 dated events
      • Jordan Matthew Yale (Secretary/Governor) no longer on Schedule A of Viking Fund Management Llc (listed 2022-03-25, absent 2023-03-27)
        Mar 27, 2023 · Control person left · inference
      • Viking Fund Management Llc reported RAUM $649.7M, down 31% from $943.9M (2018-03-27 to 2019-03-26)
        Mar 26, 2019 · RAUM change · derived
      • Jerome Toben Taft (Vice President/Governor) no longer on Schedule A of Viking Fund Management Llc (listed 2018-03-27, absent 2019-03-26)
        Mar 26, 2019 · Control person left · inference
      • Jordan Matthew Yale (Secretary/Governor) appeared on Schedule A of Viking Fund Management Llc
        Mar 26, 2019 · Control person joined · fact
      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
      Principal office phone
      701-852-5292reportedpublic record, Form ADV, Mar 27, 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
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026