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
Prairiewood Wealth Management
Legal name Prairiewood Capital, LLC
Latest filing Jun 30, 2026
First filing on the tape Feb 12, 2020 · 17 filings
SEC status approved since Mar 13, 2020
RAUM
$365M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$350M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$73.1M
derived; firm RAUM over IAPD count
Employees
8
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$365M as of Jun 30, 2026
Jan 29, 2021$120M then
HNW client RAUM$302M as of Jun 30, 2026
Jan 29, 2021$88.2M then
State-registered IARs (5.B.3)4 as of Jun 30, 2026
Jan 29, 20212 then
Employees (5.A)8 as of Jun 30, 2026
Jan 29, 20212 then
Private funds: no history
RAUM +33% over the last fiscal year+34% a year over threeIARs 3 to 4
Practice profile
derived from the filing of Jun 30, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- 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
- $73.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 47derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.3MderivedHNW RAUM over HNW clients
- Average account
- $304,258derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 4.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.6derivedItem 5.A over advisors
- Advisors per office
- 5.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +33%derivedbetween the last two annual amendments
- Advisor growth, one year
- +33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +21%derived
- Compensation
- percentage of assets, hourly, fixed fees, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Custody
- $52.7M, 40 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)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$302M83%
- Individuals$48.0M13%
- Charitable organizations$15.0M4.1%
- Individual clients
- 105reported
- HNW clients
- 129reported
- Pension plan clients
- n/areported
- Charitable clients
- 10reported
- Accounts
- 1,201reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- $52.7M for 40 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.96 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Steven Michael NelsonChartered Financial Analyst | Fargo, Nd | Jan 20, 2009 | 17 y | 0 |
| Nathan Mark AndersonCertified Financial Planner | Fargo, Nd | May 7, 2019 | 12 y | 0 |
| Parker Alan JacobsCertified Financial Planner | Fargo, Nd | Aug 1, 2023 | 13 y | 0 |
| Dustin Michael RichterCertified Financial Planner | Fargo, Nd | May 20, 2025 | 20 y | 2 |
| Matthew J Mcintyre | Fargo, Nd | May 6, 2026 | 13 y | 1 |
Advisor movement
0 left, 1 joined in 12 months
net +1 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
- Matthew J Mcintyre from LPL Financial LLCMay 6, 2026 · Affiliated broker-dealer or bank to independent RIA
- Dustin Michael Richter from T&S InvestmentsMay 20, 2025 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Mark Nathan Anderson · Chief Compliance Officercontrolsince 01/2020 · owns less than 5%
- Michael Steven Nelson · Managing Partnercontrolsince 01/2008 · owns less than 5%
- Mark Nathan Anderson · Managing Partnercontrolsince 03/2022 · owns 75% or more of Nma Holdings LLC
- Michael Steven Nelson · Managing Partnercontrolsince 08/2017 · owns 75% or more of Prairiewood Financial Group, LLC
Entity owners
- Nma Holdings LLC · Holding Companydirect · owns 25% to 50%
- Prairiewood Financial Group, LLC · Holding Companydirect · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Fargo, Nd · principal | 5 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 938 to 1,201May 16, 2025 to Feb 20, 2026
- Advisory employees · 3 to 4May 16, 2025 to Feb 20, 2026
- Charity clients · 8 to 10May 16, 2025 to Feb 20, 2026
- HNW clients · 81 to 129May 16, 2025 to Feb 20, 2026
- Individual clients · 112 to 105May 16, 2025 to Feb 20, 2026
- Assets in custody · $34.2M to $52.7MMay 16, 2025 to Feb 20, 2026
- Employees · 6 to 8May 16, 2025 to Feb 20, 2026
- State-registered IARs · 3 to 4May 16, 2025 to Feb 20, 2026
- Discretionary RAUM · $274M to $365MMay 16, 2025 to Feb 20, 2026
- HNW RAUM · $214M to $302MMay 16, 2025 to Feb 20, 2026
- Individual RAUM · $48.6M to $48.0MMay 16, 2025 to Feb 20, 2026
- RAUM · $274M to $365MMay 16, 2025 to Feb 20, 2026
- Financial planning clients · 101-250 to 101-250Mar 20, 2025 to May 16, 2025
- Accounts · 742 to 938Oct 11, 2024 to Mar 20, 2025
- Charity clients · 6 to 8Oct 11, 2024 to Mar 20, 2025
- HNW clients · 61 to 81Oct 11, 2024 to Mar 20, 2025
- Individual clients · 99 to 112Oct 11, 2024 to Mar 20, 2025
- Assets in custody · $37.9M to $34.2MOct 11, 2024 to Mar 20, 2025
- Employees · 3 to 6Oct 11, 2024 to Mar 20, 2025
- Discretionary RAUM · $217M to $274MOct 11, 2024 to Mar 20, 2025
- HNW RAUM · $162M to $214MOct 11, 2024 to Mar 20, 2025
- Individual RAUM · $46.0M to $48.6MOct 11, 2024 to Mar 20, 2025
- RAUM · $217M to $274MOct 11, 2024 to Mar 20, 2025
- HQ city · WEST FARGO to FARGOJan 24, 2024 to Oct 11, 2024
- Accounts · 557 to 742Aug 2, 2023 to Jan 20, 2024
- Advisory employees · 2 to 3Aug 2, 2023 to Jan 20, 2024
- Charity clients · 5 to 6Aug 2, 2023 to Jan 20, 2024
- HNW clients · 52 to 61Aug 2, 2023 to Jan 20, 2024
- Individual clients · 72 to 99Aug 2, 2023 to Jan 20, 2024
- Assets in custody · $19.2M to $37.9MAug 2, 2023 to Jan 20, 2024
- Employees · 2 to 3Aug 2, 2023 to Jan 20, 2024
- Financial planning clients · 51-100 to 101-250Aug 2, 2023 to Jan 20, 2024
- State-registered IARs · 2 to 3Aug 2, 2023 to Jan 20, 2024
- Discretionary RAUM · $151M to $217MAug 2, 2023 to Jan 20, 2024
- HNW RAUM · $115M to $162MAug 2, 2023 to Jan 20, 2024
- Individual RAUM · $28.3M to $46.0MAug 2, 2023 to Jan 20, 2024
- RAUM · $151M to $217MAug 2, 2023 to Jan 20, 2024
- Accounts · 461 to 557May 26, 2022 to Feb 16, 2023
- HNW clients · 43 to 52May 26, 2022 to Feb 16, 2023
- Individual clients · 61 to 72May 26, 2022 to Feb 16, 2023
Signals
1 dated events
- Prairiewood Wealth Management filed its initial SEC registration (Form ADV)Feb 12, 2020 · 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
- 701-234-0521reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/prairiewood-wealth-managementreportedpublic record, Form ADV, Sep 17, 2026
- Website
- PW-WM.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 701-234-0521reportedpublic record, Form ADV, Jun 30, 2026
- Team page
- pw-wm.com/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
- $73.1Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026