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

Riverbridge

Independent wealth managerMinneapolis, MinnesotaCRD 108074SEC 801-57432website IAPD

Legal name Riverbridge Partners LLC

Latest filing Mar 13, 2026

First filing on the tape Mar 20, 2012 · 29 filings

SEC status approved since Apr 10, 2000

RAUM

$5.0B

reported, Item 5.F

Discretionary

100%

of RAUM

Private clients

64%

$3.2B individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$419M

derived; firm RAUM over IAPD count

Employees

23 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

29 filings and snapshots on the tape

RAUM$5.0B as of Mar 13, 2026

Mar 20, 2012$2.6B then

HNW client RAUM$3.2B as of Mar 13, 2026

Mar 14, 2018$2.3B then

State-registered IARs (5.B.3)13 as of Mar 13, 2026

Mar 22, 20130 then

Employees (5.A)46 as of Mar 13, 2026

Mar 22, 201327 then

Private funds: no history

RAUM -27% over the last fiscal year-7.1% a year over threeIARs 13 to 13

Practice profile

derived from the filing of Mar 13, 2026; every figure names its basis

Archetypes, each a printed rule

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: $419MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 290derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $929,973derivedHNW RAUM over HNW clients
Average account: $1.4MderivedRAUM over accounts (5.F.2.f)
Discretionary: 100%derivedof RAUM
Institutional: 17%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 3.8derivedItem 5.A over advisors
Advisors per office: 12.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year: -27%derivedbetween the last two annual amendments
Advisor growth, one year: +0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year: -16%derived
Compensation: percentage of assets, performance-basedreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, publications, educational seminarsreportedItem 5.G
Wrap fee program: participatesreportedItem 5.I
Custody: $1.1B, 495 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$3.2B65%
State and municipal entities$404M8.1%
Pooled investment vehicles$333M6.7%
Corporations and businesses$297M6.0%
Pension and profit-sharing plans$253M5.1%
Investment companies$240M4.8%
Charitable organizations$194M3.9%
Insurance companies$19.7M0.4%

Individual clients: 0reported
HNW clients: 3,482reported
Pension plan clients: 17reported
Charitable clients: 60reported
Accounts: 3,656reported
Financial planning clients: 251-500reported
Wrap fee programs: $0 sponsored, $1.3B managedreported
Custody of client assets: $1.1B for 495 clientsreported
Compensation: % of AUM, performancereported
Class basis: private_client_share=0.64 fund_share=0.11 institutional_share=0.17 related_bd=false related_bank=false bd_reps=8.0derived

Advisors registered through the firm

12 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
Andrew Larkin KingCertified Financial Planner	Minneapolis, Mn	Jan 7, 2014	16 y	0
Jay W HigginsCertified Financial Planner	Minneapolis, Mn	Jan 7, 2014	21 y	0
Emily Kirsten Soltvedt	Minneapolis, Mn	Jan 9, 2014	17 y	0
Cheryl Jean Starman-CoombsCertified Financial Planner	Minneapolis, Mn	Jan 28, 2016	12 y	1
Austin Lee Cumblad	Minneapolis, Mn	Aug 18, 2017	13 y	0
Andrew Kelly Harbeck	Minneapolis, Mn	Apr 2, 2018	11 y	0
Christopher Roman SebaldChartered Financial Analyst	Minneapolis, Mn	Sep 4, 2020	23 y	1
Annie Rani Paul	Minneapolis, Mn	Jan 6, 2021	11 y	0
Christopher Calin Mcgrann	Minneapolis, Mn	May 25, 2021	30 y	2
Sarah Verduzco Colton	Minneapolis, Mn	Dec 8, 2021	15 y	0
Cole Allen EllefsonChartered Financial Analyst	Minneapolis, Mn	Feb 15, 2022	11 y	0
Jenna Reigh Shermoen	Minneapolis, Mn	Nov 29, 2023	10 y	1

Advisor movement

1 left, 0 joined in 12 months

net -1 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 8.3% of current headcount2 left over 36 months

Left, latest

Jason Ahlgren to Wealth Enhancement Advisory Services, LLC
Sep 10, 2026 · RIA to affiliated broker-dealer or bank
Tyler S Morrison to Ameriprise Financial Services, LLC
May 9, 2024 · RIA to affiliated broker-dealer or bank
Cassidy Mccrea Burns to Robert W. Baird & Co. Incorporated
May 7, 2018 · RIA to RIA
William Price Williamson Hancock to Charles Schwab & Co., Inc.
Oct 6, 2016 · Other

Joined, latest

Jenna Reigh Shermoen from RBC Capital Markets, LLC
Nov 29, 2023 · Affiliated broker-dealer or bank to independent RIA
Christopher Calin Mcgrann from U.S. Bancorp Investments, Inc.
May 25, 2021 · Affiliated broker-dealer or bank to independent RIA
Christopher Roman Sebald from Greys River Investments, LLC
Sep 4, 2020 · Other
Cheryl Jean Starman-Coombs from Cliftonlarsonallen Wealth Advisors, LLC
Jan 28, 2016 · Other
Jason Ahlgren from Ameriprise Financial Services, LLC
Oct 16, 2014 · Other
Cassidy Mccrea Burns from UBS Financial Services Inc.
Jan 7, 2014 · Other

Every departure Every arrival

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

M Ross Johnson · Chief Investment Officer, Board Of Managerscontrol
since 01/2021 · owns less than 5%
Larkin Andrew King · Director Of Relationship Management, Board Of Managerscontrol
since 12/2023 · owns less than 5%
Donald Rick Moulton · Principal/Managing Director Of Equities, Board Of Managerscontrol
since 03/2000 · owns less than 5%
Kirsten Emily Soltvedt · Chief Manager, Portfolio Manager, Equity Investments, Board Of Managerscontrol
since 01/2021 · owns less than 5%
Albright Mark Thompson · Executive Chair, Board Of Managerscontrol
since 01/2001 · owns less than 5%
Lynn Andrea Stark · Chief Compliance Officer
since 12/2023 · owns less than 5%
Roy Justin Tennison · Chief Operating Officer
since 05/2021 · owns less than 5%

Entity owners

Riverbridge Management · Member
direct · owns 50% to 75%
Riverbridge Management Holdings, LLC · Member
direct · owns 50% to 75%
Lincoln Peak Capital, LLC · Member
indirect · owns 75% or more of Lpc Monarch, LLC
Lpc Monarch, LLC · Member
direct · owns 25% to 50%

Related persons

Schedule D 7.A

Mark Albright Thompson
pooled vehicle sponsory
Quadris LLC
pooled vehicle sponsorn

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left	Teams out	Forming
Minneapolis, Mn · principal	12	0	0

Offices

Schedule D 1.F, the 25 largest

Naples, FL3 employees

ADV anomalies

2 against comparable advisers; where to look, not conclusions

RAUM down advisors stableCombination · filing Mar 13, 2026
RAUM fell 25 percent or more while the advisor count stayed within 5 percent: assets left without people leaving (a large client or institutional mandate, a fee change, or a reporting change). RAUM $6,877,591,654 to $5,027,039,568, advisors 13 to 13, private clients 4157 to 3482, offices 0 to 0 (2025-03-14 to 2026-03-13)
peers: independent wealth managers, $5B to $20B (289)
RAUM down 25 %Change between filings · filing Mar 13, 2026
RAUM (Item 5.F) moved from $6,877,591,654 to $5,027,039,568 (-27.0%) between the annual amendments of 2025-03-14 and 2026-03-13; the peer median change was +18.0% (271 comparable advisers, 1.0th percentile of changes)
peers: independent wealth managers, $5B to $20B (271) · 1.1% percentile

How anomalies are measured

What changed

consecutive filings, newest first

Accounts · 4,421 to 3,656
Mar 14, 2025 to Mar 13, 2026
Advisory employees · 22 to 23
Mar 14, 2025 to Mar 13, 2026
Charity clients · 77 to 60
Mar 14, 2025 to Mar 13, 2026
Corporate clients · 135 to 82
Mar 14, 2025 to Mar 13, 2026
HNW clients · 4,157 to 3,482
Mar 14, 2025 to Mar 13, 2026
Pension plan clients · 31 to 17
Mar 14, 2025 to Mar 13, 2026
Assets in custody · $976M to $1.1B
Mar 14, 2025 to Mar 13, 2026
Discretionary RAUM · $6.9B to $5.0B
Mar 14, 2025 to Mar 13, 2026
HNW RAUM · $3.7B to $3.2B
Mar 14, 2025 to Mar 13, 2026
Pension RAUM · $514M to $253M
Mar 14, 2025 to Mar 13, 2026
Pooled vehicle RAUM · $506M to $333M
Mar 14, 2025 to Mar 13, 2026
RAUM · $6.9B to $5.0B
Mar 14, 2025 to Mar 13, 2026
Wrap assets (manager) · $1.7B to $1.3B
Mar 14, 2025 to Mar 13, 2026
Accounts · 4,771 to 4,421
Mar 15, 2024 to Mar 14, 2025
Advisory employees · 23 to 22
Mar 15, 2024 to Mar 14, 2025
BD registered reps · 9 to 8
Mar 15, 2024 to Mar 14, 2025
Charity clients · 97 to 77
Mar 15, 2024 to Mar 14, 2025
Corporate clients · 154 to 135
Mar 15, 2024 to Mar 14, 2025
HNW clients · 4,458 to 4,157
Mar 15, 2024 to Mar 14, 2025
Pension plan clients · 40 to 31
Mar 15, 2024 to Mar 14, 2025
Assets in custody · $850M to $976M
Mar 15, 2024 to Mar 14, 2025
Employees · 45 to 46
Mar 15, 2024 to Mar 14, 2025
Financial planning clients · 251-500 to 251-500
Mar 15, 2024 to Mar 14, 2025
State-registered IARs · 21 to 13
Mar 15, 2024 to Mar 14, 2025
Other offices · 1 to 0
Mar 15, 2024 to Mar 14, 2025
Discretionary RAUM · $7.4B to $6.9B
Mar 15, 2024 to Mar 14, 2025
HNW RAUM · $3.5B to $3.7B
Mar 15, 2024 to Mar 14, 2025
Pension RAUM · $747M to $514M
Mar 15, 2024 to Mar 14, 2025
Pooled vehicle RAUM · $525M to $506M
Mar 15, 2024 to Mar 14, 2025
RAUM · $7.4B to $6.9B
Mar 15, 2024 to Mar 14, 2025
Related adviser · true to false
Mar 15, 2024 to Mar 14, 2025
Related broker-dealer · true to false
Mar 15, 2024 to Mar 14, 2025
Wrap assets (manager) · $1.6B to $1.7B
Mar 15, 2024 to Mar 14, 2025
Accounts · 5,263 to 4,771
Jan 8, 2024 to Mar 15, 2024
BD registered reps · 10 to 9
Jan 8, 2024 to Mar 15, 2024
Charity clients · 104 to 97
Jan 8, 2024 to Mar 15, 2024
Corporate clients · 174 to 154
Jan 8, 2024 to Mar 15, 2024
HNW clients · 4,916 to 4,458
Jan 8, 2024 to Mar 15, 2024
Pension plan clients · 44 to 40
Jan 8, 2024 to Mar 15, 2024
Pooled vehicle clients · 4 to 3
Jan 8, 2024 to Mar 15, 2024

Signals

20 dated events

Jason Ahlgren left Riverbridge for Wealth Enhancement Advisory Services, LLC (registered 2026-09-14)
Sep 10, 2026 · Advisor changed firm · fact
Riverbridge reported RAUM $5.0B, down 27% from $6.9B (2025-03-14 to 2026-03-13)
Mar 13, 2026 · RAUM change · derived
Tyler S Morrison left Riverbridge for Ameriprise Financial Services, Llc (registered 2024-11-04)
May 9, 2024 · Advisor changed firm · fact
Larkin Andrew King (Director Of Relationship Management, Board Of Governors) appeared on Schedule A of Riverbridge
Jan 8, 2024 · Control person joined · fact
Silvio Maurizio Ernesto Bertarelli (Limited Partner) no longer on Schedule A of Riverbridge (listed 2023-10-13, absent 2024-01-08)
Jan 8, 2024 · Control person left · inference
Donata Guichard-Bertarelli (Limited Partner) no longer on Schedule A of Riverbridge (listed 2023-10-13, absent 2024-01-08)
Jan 8, 2024 · Control person left · inference
David Cyrus Jilla (Member, Board Of Governors) no longer on Schedule A of Riverbridge (listed 2023-10-13, absent 2024-01-08)
Jan 8, 2024 · Control person left · inference
Matthew Dominic Fry (Member, Board Of Governors) no longer on Schedule A of Riverbridge (listed 2023-10-13, absent 2024-01-08)
Jan 8, 2024 · Control person left · inference
Riverbridge reported RAUM $6.3B, down 33% from $9.4B (2022-05-19 to 2023-03-29)
Mar 29, 2023 · RAUM change · derived
Matthew Dominic Fry (Member, Board Of Governors) appeared on Schedule A of Riverbridge
Mar 29, 2023 · Control person joined · fact
John Darius Berendji (Member, Board Of Governors) no longer on Schedule A of Riverbridge (listed 2022-05-19, absent 2023-03-29)
Mar 29, 2023 · Control person left · inference
Victoria Exley Evelyn Guernsey (Member, Board Of Governors) no longer on Schedule A of Riverbridge (listed 2022-05-19, absent 2023-03-29)
Mar 29, 2023 · Control person left · inference
Riverbridge reported RAUM $8.5B, up 58% from $5.4B (2020-06-15 to 2021-03-12)
Mar 12, 2021 · RAUM change · derived
Dennis Richard Potter (Member, Board Of Governors) no longer on Schedule A of Riverbridge (listed 2020-06-15, absent 2021-03-12)
Mar 12, 2021 · Control person left · inference
Michael Colin Sharp (Principal/Member, Board Of Governors) no longer on Schedule A of Riverbridge (listed 2020-06-15, absent 2021-03-12)
Mar 12, 2021 · Control person left · inference
Kirsten Emily Soltvedt (Management) appeared on Schedule A of Riverbridge
Mar 12, 2021 · Control person joined · fact
M Ross Johnson (Management) appeared on Schedule A of Riverbridge
Mar 12, 2021 · Control person joined · fact
Victoria Exley Evelyn Guernsey (Member, Board Of Governors) appeared on Schedule A of Riverbridge
Mar 12, 2021 · Control person joined · fact
David Cyrus Jilla (Member, Board Of Governors) appeared on Schedule A of Riverbridge
Mar 12, 2021 · Control person joined · fact
Michael Jonathan Little (Member, Board Of Governors) no longer on Schedule A of Riverbridge (listed 2019-03-12, absent 2020-03-11)
Mar 11, 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 phone: 612-904-6200reportedpublished by the firm, firm site, Sep 15, 2026
Business phone: 612-904-6233reportedpublished by the firm, firm site, Sep 15, 2026
Business phone: 612-904-6250reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile: linkedin.com/company/riverbridge-partners-llc/mycompanyreportedpublic record, Form ADV, Sep 17, 2026
Website: RIVERBRIDGE.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 612-904-6200reportedpublic record, Form ADV, Mar 13, 2026
Team page: riverbridge.com/our-teamreportedpublished by the firm, firm site, Sep 15, 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: $419Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026