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

Redhawk Wealth Advisors, Inc.

Independent wealth managerMinneapolis, MinnesotaCRD 146616SEC 801-68902websiteIAPD
Latest filing Sep 4, 2026
First filing on the tape Jan 25, 2012 · 84 filings
SEC status approved since Mar 6, 2008
RAUM
$1.5B
reported, Item 5.F
Discretionary
42%
of RAUM
Private clients
95%
$1.4B individuals and HNW
Advisors
43
registered through the firm on IAPD
RAUM per advisor
$33.9M
derived; firm RAUM over IAPD count
Employees
55
47 advisory (5.B.1)
Offices
33
beyond the principal office
Private funds
0
reported on Schedule D
History
84 filings and snapshots on the tape
RAUM$1.5B as of Aug 5, 2026
Mar 29, 2012$71.3M then
HNW client RAUM$355M as of Aug 5, 2026
Mar 27, 2023$226M then
State-registered IARs (5.B.3)47 as of Aug 5, 2026
Jun 3, 20133 then
Employees (5.A)55 as of Aug 5, 2026
Jun 3, 20137 then
Private funds: no history
RAUM -21% over the last fiscal year+6.4% a year over threeIARs 47 to 47offices 38 to 33
Practice profile
derived from the filing of Sep 4, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$33.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
73derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.2MderivedHNW RAUM over HNW clients
Average account
$219,343derivedRAUM over accounts (5.F.2.f)
Discretionary
42%derivedof RAUM
Institutional
3.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
1.3derived34 offices incl. principal (1.F.5)
RAUM growth, one year
-21%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.0%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$391M, 1,554 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
  • is an insurance broker or agent (6.A.6)
  • 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$1.0B70%
  • High-net-worth individuals$355M24%
  • Corporations and businesses$30.7M2.1%
  • Insurance companies$24.4M1.7%
  • Pension and profit-sharing plans$22.8M1.6%
  • Charitable organizations$50,1000.0%
Individual clients
3,006reported
HNW clients
112reported
Pension plan clients
61reported
Charitable clients
1reported
Accounts
6,639reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$391M for 1,554 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.95 fund_share=0.0 institutional_share=0.03 related_bd=true related_bank=false bd_reps=1.0derived
Advisors registered through the firm
42 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
James Clifton NeatheryMinneapolis, Mn Jun 19, 200835 y0
Dale Thomas WolbergMinneapolis, Mn Jan 19, 201219 y0
Katrina Lee SavageFlint, Mi Jan 20, 201244 y1
Skipper Blain WallerMinneapolis, Mn Jan 10, 201419 y0
Daniel Edward HuntMinneapolis, MnMay 22, 201418 y0
Boniface Desmond CoelhoFridley, Mn May 22, 201418 y0
Peter R WittmanChartered Financial ConsultantMinneapolis, Mn Jun 17, 201420 y2
Paul Charles HoranPersonal Financial SpecialistMinneapolis, Mn Jul 23, 201443 y3
Robert Westin BridelCedar Park, Tx Jul 20, 201528 y3
Steven Edwin RoethChartered Financial ConsultantMinneapolis, Mn Sep 25, 201521 y0
Christopher P KurtzMinneapolis, Mn Jun 27, 201726 y1
Nathan Bryan WillisParker, Co Aug 1, 201711 y0
Evan James KramlichCary, Nc Nov 2, 201714 y1
Kurtis Andrew PolacekCertified Financial PlannerHamilton, OhApr 24, 201813 y3
Craig Andrew RoncaioliChartered Financial ConsultantBradenton, Fl Apr 15, 201932 y3
Sandy G LevineDel Mar, Ca Jun 12, 202012 y3
Jeffrey Alan CernyMinneapolis, Mn Jun 16, 202022 y4
Evonne Ianacone RyanMinneapolis, Mn Jun 30, 202035 y7
Dennis Eugene PascarellaChartered Financial ConsultantKingston Springs, Tn Dec 10, 202031 y5
Kevin James CollardHermantown, Mn Dec 18, 202016 y3
Deborah Ann JosephFlint, Mi Mar 4, 202136 y0
Steven Kiefer BurkeOakland, Ca Mar 22, 202126 y1
Mary Horan McbrideDavenport, Ia Oct 10, 202210 y0
Kristina GambinoWare, Ma Nov 15, 202214 y0
Aaron David PattenMinneapolis, Mn Dec 19, 202215 y1
Jason HandMinneapolis, Mn May 1, 202320 y3
Jay GershmanDelray Beach, Fl May 1, 202330 y3
David Anthony SutkaitisFarmington, Ct May 2, 202324 y2
Richard Kelly EricsonParker, Co May 24, 202310 y0
Timothy Ronald EvonCertified Financial PlannerMinneapolis, Mn Oct 2, 202333 y2
Peter J ThoresenMinneapolis, MnOct 2, 202323 y1
Michael Anthony LangeLincolnshire, Il Oct 2, 202318 y4
Andrew Steven RiisGreenwood, In Mar 27, 202413 y0
Boon Ser TanMinneapolis, Mn Apr 8, 202431 y1
Scott Locke GreenameyerHendersonville, Tn Aug 14, 202426 y2
Sharyl Lee SchultzMinneapolis, Mn Sep 6, 202440 y4
Joseph Darrell ArmstrongEnid, OkSep 12, 202412 y0
Raphael Anthony MustoWilkes-Barre, Pa Dec 17, 202414 y0
James Nicholas VolpeHenderson, Nv Jan 1, 202535 y5
Allen BrontonPonte Verda, Fl Jan 14, 202540 y6
All 42 advisors at Redhawk Wealth Advisors, Inc.
Advisor movement
4 left, 1 joined in 12 months
net -3 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 9.3% of current headcount11 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Edward Daniel Hunt · Chief Executive Officercontrol
    since 02/2008 · owns 50% to 75%
  • P Richard Keast · President/ Chief Compliance Officercontrol
    since 07/2015 · owns 10% to 25%
  • Desmond Boniface Coelho · Owner
    since 09/2013 · owns 5% to 10%
  • James Navi Dowty · Owner
    since 04/2011 · owns 10% to 25%
Related persons
Schedule D 7.A
  • Criterium Financial Advisors, Ltd
    insurancey
  • Financial Fitness Group, LLC
    insurancen
  • Ridge Investment Advisors
    investment adviseryRAUM $37.6M
  • Top Rank Advisors
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Minneapolis, Mn · principal4003
Farmington, Ct400
West Hartford, Ct200
Flint, Mi200
Littleton, Co200
Parker, Co200
Davenport, Ia200
Las Vegas, Nv200
Huntsville, Al000
Eagan, Mn000
Raleigh, Nc001
Offices
Schedule D 1.F, the 25 largest
  • Littleton, CO4 employees
  • Minneapolis, MN3 employees
  • West Hartford, CT3 employees
  • Parker, CO2 employees
  • Littleton, CO2 employees
  • Raleigh, NC2 employees
  • Lake Orion, MI2 employees
  • Davenport, IA2 employees
  • Hamilton, OH2 employees
  • Flint, MI2 employees
  • Howell, MI2 employees
  • Honolulu, HI1 employees
  • Irvine, CA1 employees
  • Lincolnshire, IL1 employees
  • Maricopa, AZ1 employees
  • Oakland, CA1 employees
  • Oklahoma City, OK1 employees
  • Ponte Verda, FL1 employees
  • Valparaiso, IN1 employees
  • West Hartford, CT1 employees
  • Alvarado, TX1 employees
  • , 1 employees
  • Cedar Park, TX1 employees
  • Franklin, TN1 employees
  • Las Vegas, NV1 employees
ADV anomalies
5 against comparable advisers; where to look, not conclusions
  • institutional to wealth shiftCombination · filing Apr 30, 2026
    institutional share fell 15 points or more while private-client share rose 15 points or more. RAUM $1,837,536,390 to $1,456,218,697, advisors 47 to 47, private clients 2998 to 3118, offices 38 to 33 (2025-02-27 to 2026-04-30)
    peers: independent wealth managers, $1B to $5B (1,360)
  • account count surgeChange between filings · filing Apr 30, 2026
    accounts (Item 5.F.2.f) moved from 3,283.0 to 6,639.0 (+102.0%) between the annual amendments of 2025-02-27 and 2026-04-30; the peer median change was +6.0% (1206 comparable advisers, 96.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,206) · 96% percentile
  • client mix shiftChange between filings · filing Apr 30, 2026
    private-client share of RAUM moved from 62.0% to 95.0% between the annual amendments of 2025-02-27 and 2026-04-30
    peers: independent wealth managers, $1B to $5B (1,360)
  • discretionary share shiftChange between filings · filing Apr 30, 2026
    discretionary share of RAUM moved from 100.0% to 42.0% between the annual amendments of 2025-02-27 and 2026-04-30
    peers: independent wealth managers, $1B to $5B (1,360)
  • institutional asset share shiftChange between filings · filing Apr 30, 2026
    institutional share of RAUM moved from 38.0% to 5.0% between the annual amendments of 2025-02-27 and 2026-04-30
    peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
  • Financial planning clients · 11-25 to 11-25
    Aug 5, 2026 to Sep 4, 2026
  • Succession · false to unset
    Aug 5, 2026 to Sep 4, 2026
  • Accounts · 3,283 to 6,639
    Nov 6, 2025 to Mar 30, 2026
  • Charity clients · unset to 1.0
    Nov 6, 2025 to Mar 30, 2026
  • Corporate clients · 15 to 14
    Nov 6, 2025 to Mar 30, 2026
  • HNW clients · 113 to 112
    Nov 6, 2025 to Mar 30, 2026
  • Individual clients · 2,885 to 3,006
    Nov 6, 2025 to Mar 30, 2026
  • Pension plan clients · 256 to 61
    Nov 6, 2025 to Mar 30, 2026
  • Pooled vehicle clients · unset to 0.0
    Nov 6, 2025 to Mar 30, 2026
  • Assets in custody · unset to 391064882.0
    Nov 6, 2025 to Mar 30, 2026
  • Custody of client assets · false to true
    Nov 6, 2025 to Mar 30, 2026
  • Financial planning clients · 1-10 to 11-25
    Nov 6, 2025 to Mar 30, 2026
  • HQ city · BLOOMINGTON to MINNEAPOLIS
    Nov 6, 2025 to Mar 30, 2026
  • Discretionary RAUM · $1.8B to $615M
    Nov 6, 2025 to Mar 30, 2026
  • HNW RAUM · $304M to $355M
    Nov 6, 2025 to Mar 30, 2026
  • Individual RAUM · $840M to $1.0B
    Nov 6, 2025 to Mar 30, 2026
  • Non-discretionary RAUM · $0 to $842M
    Nov 6, 2025 to Mar 30, 2026
  • Pension RAUM · $638M to $22.8M
    Nov 6, 2025 to Mar 30, 2026
  • Pooled vehicle RAUM · unset to 0.0
    Nov 6, 2025 to Mar 30, 2026
  • RAUM · $1.8B to $1.5B
    Nov 6, 2025 to Mar 30, 2026
  • Related broker-dealer · false to true
    Nov 6, 2025 to Mar 30, 2026
  • Other offices · 38 to 33
    Feb 27, 2025 to Aug 12, 2025
  • Accounts · 5,408 to 3,283
    Nov 27, 2024 to Feb 27, 2025
  • Corporate clients · unset to 15.0
    Nov 27, 2024 to Feb 27, 2025
  • HNW clients · 172 to 113
    Nov 27, 2024 to Feb 27, 2025
  • Individual clients · 2,415 to 2,885
    Nov 27, 2024 to Feb 27, 2025
  • Pension plan clients · 167 to 256
    Nov 27, 2024 to Feb 27, 2025
  • Financial planning clients · 1-10 to 1-10
    Nov 27, 2024 to Feb 27, 2025
  • Discretionary RAUM · $1.8B to $1.8B
    Nov 27, 2024 to Feb 27, 2025
  • HNW RAUM · $400M to $304M
    Nov 27, 2024 to Feb 27, 2025
  • Individual RAUM · $547M to $840M
    Nov 27, 2024 to Feb 27, 2025
  • Pension RAUM · $822M to $638M
    Nov 27, 2024 to Feb 27, 2025
  • RAUM · $1.8B to $1.8B
    Nov 27, 2024 to Feb 27, 2025
  • Accounts · 3,736 to 5,408
    Dec 14, 2023 to Mar 26, 2024
  • Advisory employees · 35 to 47
    Dec 14, 2023 to Mar 26, 2024
  • BD registered reps · 0 to 1
    Dec 14, 2023 to Mar 26, 2024
  • HNW clients · 116 to 172
    Dec 14, 2023 to Mar 26, 2024
  • Individual clients · 1,858 to 2,415
    Dec 14, 2023 to Mar 26, 2024
  • Pension plan clients · 168 to 167
    Dec 14, 2023 to Mar 26, 2024
  • Commission compensation · true to false
    Dec 14, 2023 to Mar 26, 2024
Signals
26 dated events
  • Michael Joseph Fenchak left Redhawk Wealth Advisors, Inc. for Top Rank Wealth Management, Llc (registered 2026-07-15)
    Jun 4, 2026 · Advisor changed firm · fact
  • Alexander Joseph Hearley left Redhawk Wealth Advisors, Inc. for Top Rank Wealth Management, Llc (registered 2026-06-04)
    Jun 4, 2026 · Advisor changed firm · fact
  • Gene Isao Watanabe left Redhawk Wealth Advisors, Inc. for Simplicity Wealth (registered 2026-04-13)
    Apr 6, 2026 · Advisor changed firm · fact
  • Brent James Godwin left Redhawk Wealth Advisors, Inc. for Raleigh Capital Management Inc. (registered 2026-03-06)
    Oct 23, 2025 · Advisor changed firm · fact
  • Ian Patrick Schrup left Redhawk Wealth Advisors, Inc. for Advisor Share Wealth Management, Llc (registered 2025-09-02)
    Aug 12, 2025 · Advisor changed firm · fact
  • Redhawk Wealth Advisors, Inc. reported 33 offices beyond its principal office, down from 38 (2025-02-27 to 2025-08-12)
    Aug 12, 2025 · Office count change · derived
  • Bryant E Stone left Redhawk Wealth Advisors, Inc. for Stone Legacy Capital Llc (registered 2025-05-15)
    May 14, 2025 · Advisor changed firm · fact
  • Kyle Klatt left Redhawk Wealth Advisors, Inc. for Osaic Wealth, Inc. (registered 2025-05-08)
    May 8, 2025 · Advisor changed firm · fact
  • Joseph Paul Daly left Redhawk Wealth Advisors, Inc. for Brookstone Capital Management Llc (registered 2024-08-01)
    Aug 1, 2024 · Advisor changed firm · fact
  • Derek Stokes Elleman no longer registered at Redhawk Wealth Advisors, Inc.; no later IA registration on IAPD
    Jul 1, 2024 · Advisor departure · fact
  • Kathleen Nina Sanford left Redhawk Wealth Advisors, Inc. for Rca Wealth Strategies Llc (registered 2024-06-03)
    Jun 3, 2024 · Advisor changed firm · fact
  • Kimberly Iris Ten Pas Bell left Redhawk Wealth Advisors, Inc. for Madison Avenue Securities, Llc (registered 2024-11-06)
    May 3, 2024 · Advisor changed firm · fact
  • Redhawk Wealth Advisors, Inc. reported RAUM $1.8B, up 50% from $1.2B (2023-12-14 to 2024-03-26)
    Mar 26, 2024 · RAUM change · derived
  • Redhawk Wealth Advisors, Inc. reported 47 state-registered advisory representatives, up from 35 (2023-12-14 to 2024-03-26)
    Mar 26, 2024 · Advisor headcount change · derived
  • 2 advisors left Focus Financial (ST Louis Park, MN) for Redhawk Wealth Advisors, Inc. on the same day
    Oct 3, 2023 · Team lift-out · derived
  • Harry Redmond Greene left Redhawk Wealth Advisors, Inc. for Brookstone Wealth Advisors, Llc (registered 2022-11-29)
    Sep 27, 2023 · Advisor changed firm · fact
  • John James Lowry left Redhawk Wealth Advisors, Inc. for Advisor Share Wealth Management, Llc (registered 2024-05-30)
    Jul 27, 2023 · Advisor changed firm · fact
  • Casey Ray Mccurdy left Redhawk Wealth Advisors, Inc. for Desert Rose Capital Management, Inc. (registered 2025-01-01)
    Jul 21, 2023 · Advisor changed firm · fact
  • Shaun Michael Clearwater left Redhawk Wealth Advisors, Inc. for Desert Rose Capital Management, Inc. (registered 2023-07-24)
    Jul 20, 2023 · Advisor changed firm · fact
  • Galina Konstantinovna Koval left Redhawk Wealth Advisors, Inc. for Sequent Planning, Llc (registered 2023-06-30)
    Jun 21, 2023 · Advisor changed firm · fact
  • 3 advisors left Securities America Advisors, Inc. (West Hartford, CT) for Redhawk Wealth Advisors, Inc. on the same day
    May 2, 2023 · Team lift-out · derived
  • Redhawk Wealth Advisors, Inc. reported 37 offices beyond its principal office, up from 29 (2022-12-20 to 2023-03-27)
    Mar 27, 2023 · Office count change · derived
  • Christopher L Albonetti left Redhawk Wealth Advisors, Inc. for Guaranty Private Wealth (registered 2023-02-07)
    Jan 25, 2023 · Advisor changed firm · fact
  • Redhawk Wealth Advisors, Inc. reported RAUM $1.4B, up 28% from $1.1B (2020-10-22 to 2021-03-19)
    Mar 19, 2021 · RAUM change · derived
  • Redhawk Wealth Advisors, Inc. reported RAUM $1.1B, up 51% from $701.3M (2017-08-01 to 2018-03-27)
    Mar 27, 2018 · RAUM change · derived
  • Redhawk Wealth Advisors, Inc. reported 31 state-registered advisory representatives, up from 2 (2017-08-01 to 2018-03-27)
    Mar 27, 2018 · Advisor headcount change · derived
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
Firm profile
linkedin.com/company/redhawk-wealth-advisorsreportedpublic record, Form ADV, Sep 17, 2026
Website
fsgmo.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
952-835-4295reportedpublic record, Form ADV, Sep 4, 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
$33.9Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026