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

Silveroak Wealth Management LLC

Independent wealth managerEdina, MinnesotaCRD 110532SEC 801-60208websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 21, 2012 · 26 filings
SEC status approved since Apr 27, 2001
RAUM
$2.0B
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
100%
$2.0B individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$285M
derived; firm RAUM over IAPD count
Employees
23
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$2.0B as of Mar 31, 2026
Mar 21, 2012$249M then
HNW client RAUM$1.9B as of Mar 31, 2026
Mar 26, 2018$715M then
State-registered IARs (5.B.3)7 as of Mar 31, 2026
Mar 27, 20130 then
Employees (5.A)23 as of Mar 31, 2026
Mar 27, 20137 then
Private funds: no history
RAUM +16% over the last fiscal year+14% a year over threeIARs 6 to 7
Practice profile
derived from the filing of Mar 31, 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
$285MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
63derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.9MderivedHNW RAUM over HNW clients
Average account
$1.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.3derivedItem 5.A over advisors
Advisors per office
7.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+17%derivedItem 5.B.3 between annual amendments
Client growth, one year
-0.2%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$831M, 270 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)
  • 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$1.9B97%
  • Individuals$64.9M3.2%
  • Corporations and businesses$4.1M0.2%
Individual clients
116reported
HNW clients
328reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1,992reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$831M for 270 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Shannon Alan KingCertified Financial PlannerEdina, MnAug 26, 200527 y0
Jonathan Leigh ScharlauCertified Financial Planner, Chartered Financial AnalystEdina, MnJan 9, 201434 y1
Nicholas James ThunkerCertified Financial PlannerEdina, MnJan 9, 201419 y0
Kathleen Jean NelsonCertified Financial Planner, Personal Financial SpecialistEdina, MnJun 27, 201727 y0
Alexander William DunneCertified Financial PlannerEdina, MnMar 19, 201810 y0
Christopher Michael LinkCertified Financial Planner, Personal Financial SpecialistEdina, MnSep 16, 202421 y0
Daniel Linton HedegardCertified Financial PlannerEdina, MnJun 12, 202511 y0
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
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Alan Shannon King · President, Chief Compliance Officer, Secretary, Chair & Membercontrol
      since 03/2004 · owns 75% or more
    • Jean Kathleen Nelson · Member, Vice President, Treasurercontrol
      since 01/2020 · owns 5% to 10%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Edina, Mn · principal700
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 1,891 to 1,992
      Mar 26, 2025 to Mar 31, 2026
    • Advisory employees · 7 to 8
      Mar 26, 2025 to Mar 31, 2026
    • HNW clients · 326 to 328
      Mar 26, 2025 to Mar 31, 2026
    • Individual clients · 119 to 116
      Mar 26, 2025 to Mar 31, 2026
    • Assets in custody · $733M to $831M
      Mar 26, 2025 to Mar 31, 2026
    • State-registered IARs · 6 to 7
      Mar 26, 2025 to Mar 31, 2026
    • Discretionary RAUM · $1.6B to $1.9B
      Mar 26, 2025 to Mar 31, 2026
    • HNW RAUM · $1.7B to $1.9B
      Mar 26, 2025 to Mar 31, 2026
    • Individual RAUM · $52.6M to $64.9M
      Mar 26, 2025 to Mar 31, 2026
    • Non-discretionary RAUM · $118M to $129M
      Mar 26, 2025 to Mar 31, 2026
    • RAUM · $1.7B to $2.0B
      Mar 26, 2025 to Mar 31, 2026
    • Accounts · 1,802 to 1,891
      Mar 26, 2024 to Mar 26, 2025
    • Advisory employees · 6 to 7
      Mar 26, 2024 to Mar 26, 2025
    • HNW clients · 300 to 326
      Mar 26, 2024 to Mar 26, 2025
    • Individual clients · 99 to 119
      Mar 26, 2024 to Mar 26, 2025
    • Assets in custody · $669M to $733M
      Mar 26, 2024 to Mar 26, 2025
    • Employees · 20 to 23
      Mar 26, 2024 to Mar 26, 2025
    • Financial planning clients · 251-500 to 251-500
      Mar 26, 2024 to Mar 26, 2025
    • State-registered IARs · 5 to 6
      Mar 26, 2024 to Mar 26, 2025
    • Discretionary RAUM · $1.4B to $1.6B
      Mar 26, 2024 to Mar 26, 2025
    • HNW RAUM · $1.5B to $1.7B
      Mar 26, 2024 to Mar 26, 2025
    • Individual RAUM · $45.2M to $52.6M
      Mar 26, 2024 to Mar 26, 2025
    • Non-discretionary RAUM · $106M to $118M
      Mar 26, 2024 to Mar 26, 2025
    • RAUM · $1.5B to $1.7B
      Mar 26, 2024 to Mar 26, 2025
    • Accounts · 1,684 to 1,802
      Mar 28, 2023 to Mar 25, 2024
    • HNW clients · 280 to 300
      Mar 28, 2023 to Mar 25, 2024
    • Individual clients · 95 to 99
      Mar 28, 2023 to Mar 25, 2024
    • Assets in custody · $675M to $669M
      Mar 28, 2023 to Mar 25, 2024
    • Employees · 19 to 20
      Mar 28, 2023 to Mar 25, 2024
    • Financial planning clients · 101-250 to 251-500
      Mar 28, 2023 to Mar 25, 2024
    • Discretionary RAUM · $1.3B to $1.4B
      Mar 28, 2023 to Mar 25, 2024
    • HNW RAUM · $1.3B to $1.5B
      Mar 28, 2023 to Mar 25, 2024
    • Individual RAUM · $39.7M to $45.2M
      Mar 28, 2023 to Mar 25, 2024
    • Non-discretionary RAUM · $69.4M to $106M
      Mar 28, 2023 to Mar 25, 2024
    • RAUM · $1.4B to $1.5B
      Mar 28, 2023 to Mar 25, 2024
    • Accounts · 1,581 to 1,684
      Mar 28, 2022 to Mar 28, 2023
    • HNW clients · 262 to 280
      Mar 28, 2022 to Mar 28, 2023
    • Individual clients · 94 to 95
      Mar 28, 2022 to Mar 28, 2023
    • Assets in custody · $653M to $675M
      Mar 28, 2022 to Mar 28, 2023
    • Employees · 17 to 19
      Mar 28, 2022 to Mar 28, 2023
    Signals
    5 dated events
    • Silveroak Wealth Management Llc reported RAUM $950.6M, up 25% from $760.4M (2020-01-29 to 2020-03-31)
      Mar 31, 2020 · RAUM change · derived
    • B. Allen Kaufmann (Member, Secretary) no longer on Schedule A of Silveroak Wealth Management Llc (listed 2019-03-20, absent 2020-01-29)
      Jan 29, 2020 · Control person left · inference
    • R. Kimberly Schwichtenberg (Member, Chief Manager) no longer on Schedule A of Silveroak Wealth Management Llc (listed 2019-03-20, absent 2020-01-29)
      Jan 29, 2020 · Control person left · inference
    • L. John Thorvilson (Member, Treasurer) no longer on Schedule A of Silveroak Wealth Management Llc (listed 2019-03-20, absent 2020-01-29)
      Jan 29, 2020 · Control person left · inference
    • Jean Kathleen Nelson (Member, Vice President, Treasurer) appeared on Schedule A of Silveroak Wealth Management Llc
      Jan 29, 2020 · 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
    Business email
    info@silveroakwealth.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    952-896-5700reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    952-896-5719reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    SILVEROAKWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    952-896-5700reportedpublic record, Form ADV, Mar 31, 2026
    Contact form
    silveroakwealth.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
    Team page
    silveroakwealth.com/our-teamreportedpublished by the firm, firm site, Sep 16, 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
    $285Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026