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.

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SEC-registered adviser

L••••• W••••• P•••••••

Independent wealth managerEdina, MinnesotaCRD 122035SEC 801-79116websiteIAPD
Legal name L••••• W••••• P••••••• L••
Latest filing May 26, 2026
First filing on the tape Jan 16, 2014 · 37 filings
SEC status approved since Feb 10, 2014
RAUM
$454M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
100%
$454M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$75.6M
derived; firm RAUM over IAPD count
Employees
8
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$454M as of May 26, 2026
Jan 14, 2015$135M then
HNW client RAUM$434M as of May 26, 2026
Mar 5, 2018$138M then
State-registered IARs (5.B.3)6 as of May 26, 2026
Jan 14, 20155 then
Employees (5.A)8 as of May 26, 2026
Jan 14, 20159 then
Private funds: no history
RAUM +15% over the last fiscal year+11% a year over threeIARs 6 to 6
Practice profile
derived from the filing of May 26, 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
$75.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
30derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.4MderivedHNW RAUM over HNW clients
Average account
$450,042derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+5.4%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$6.9M, 5 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$434M96%
  • Individuals$19.2M4.2%
Individual clients
48reported
HNW clients
129reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,008reported
Financial planning clients
101-250reported
Wrap fee programs
$0 sponsored, $226,910 managedreported
Custody of client assets
$6.9M for 5 clientsreported
Compensation
% of AUM, 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
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
L•••• A•• K••••Personal Financial SpecialistEdina, MnNov 19, 201334 y0
M•••••• A••••• K••••••Certified Financial PlannerEdina, MnOct 7, 201510 y0
J•••• T••••• K•••••••Certified Financial PlannerEdina, MnNov 16, 201713 y0
M•••••• L•• C•••••Certified Financial PlannerEdina, MnFeb 28, 202314 y1
K•••••••• E•••••••• T•••Edina, MnDec 9, 202422 y0
F•••• J•••• K•••••••••Certified Financial PlannerEdina, MnFeb 21, 202514 y0
Advisor movement
0 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • K••••• L••••• A•• · Member And Ccocontrol
    since 01/1998 · owns 75% or more
  • K••••••• M••••••• A••••• · Member
    since 07/2019 · owns 5% to 10%
  • W•••• A•••• M••••••• · Member
    since 12/2020 · owns 10% to 25%
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 · principal600
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 941 to 1,008
    Oct 3, 2025 to Mar 17, 2026
  • HNW clients · 114 to 129
    Oct 3, 2025 to Mar 17, 2026
  • Individual clients · 54 to 48
    Oct 3, 2025 to Mar 17, 2026
  • Assets in custody · $6.1M to $6.9M
    Oct 3, 2025 to Mar 17, 2026
  • Discretionary RAUM · $391M to $448M
    Oct 3, 2025 to Mar 17, 2026
  • HNW RAUM · $371M to $434M
    Oct 3, 2025 to Mar 17, 2026
  • Individual RAUM · $24.9M to $19.2M
    Oct 3, 2025 to Mar 17, 2026
  • Non-discretionary RAUM · $4.5M to $6.0M
    Oct 3, 2025 to Mar 17, 2026
  • RAUM · $396M to $454M
    Oct 3, 2025 to Mar 17, 2026
  • Wrap assets (manager) · unset to 226910.0
    Oct 3, 2025 to Mar 17, 2026
  • Wrap assets (sponsor) · unset to 0.0
    Oct 3, 2025 to Mar 17, 2026
  • Advisory employees · 8 to 6
    May 28, 2025 to Oct 3, 2025
  • Assets in custody · $1.3M to $6.1M
    May 28, 2025 to Oct 3, 2025
  • Custody of client assets · false to true
    May 28, 2025 to Oct 3, 2025
  • Assets in custody · $6.1M to $1.3M
    Feb 25, 2025 to May 28, 2025
  • Financial planning clients · 101-250 to 101-250
    Feb 25, 2025 to May 28, 2025
  • Accounts · 889 to 941
    Jun 22, 2024 to Feb 25, 2025
  • Advisory employees · 7 to 8
    Jun 22, 2024 to Feb 25, 2025
  • Advisory activities · 3 to 2
    Jun 22, 2024 to Feb 25, 2025
  • HNW clients · 109 to 114
    Jun 22, 2024 to Feb 25, 2025
  • Assets in custody · $4.1M to $6.1M
    Jun 22, 2024 to Feb 25, 2025
  • Employees · 7 to 8
    Jun 22, 2024 to Feb 25, 2025
  • State-registered IARs · 4 to 6
    Jun 22, 2024 to Feb 25, 2025
  • Discretionary RAUM · $351M to $391M
    Jun 22, 2024 to Feb 25, 2025
  • HNW RAUM · $326M to $371M
    Jun 22, 2024 to Feb 25, 2025
  • Individual RAUM · $22.4M to $24.9M
    Jun 22, 2024 to Feb 25, 2025
  • Non-discretionary RAUM · $3.6M to $4.5M
    Jun 22, 2024 to Feb 25, 2025
  • Pension RAUM · 6761871.0 to unset
    Jun 22, 2024 to Feb 25, 2025
  • RAUM · $355M to $396M
    Jun 22, 2024 to Feb 25, 2025
  • Accounts · 840 to 889
    Oct 30, 2023 to Mar 15, 2024
  • Advisory employees · 8 to 7
    Oct 30, 2023 to Mar 15, 2024
  • Advisory activities · 2 to 3
    Oct 30, 2023 to Mar 15, 2024
  • HNW clients · 115 to 109
    Oct 30, 2023 to Mar 15, 2024
  • Individual clients · 56 to 54
    Oct 30, 2023 to Mar 15, 2024
  • Assets in custody · $4.2M to $4.1M
    Oct 30, 2023 to Mar 15, 2024
  • Custody of client assets · true to false
    Oct 30, 2023 to Mar 15, 2024
  • Employees · 8 to 7
    Oct 30, 2023 to Mar 15, 2024
  • Discretionary RAUM · $325M to $351M
    Oct 30, 2023 to Mar 15, 2024
  • HNW RAUM · $310M to $326M
    Oct 30, 2023 to Mar 15, 2024
  • Individual RAUM · $21.6M to $22.4M
    Oct 30, 2023 to Mar 15, 2024
Signals
2 dated events
  • A••• M••••••• W••• left L••••• W••••• P••••••• for Dynamic (registered 2023-04-03)
    Mar 29, 2023 · Advisor changed firm · fact
  • L••••• W••••• P••••••• filed its initial SEC registration (Form ADV)
    Jan 16, 2014 · First SEC registration · 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 phone
952-854-6250reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
952-854-6276reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/laurel-wealth-planningreportedpublic record, Form ADV, Sep 18, 2026
Website
L•••••WEALTHP•••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
952-854-6250reportedpublic record, Form ADV, May 26, 2026
Team page
laurelwealthplanning.com/meet-the-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
$75.6Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026