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
Wealth Forward, LLC
Latest filing Jul 1, 2026
First filing on the tape Apr 1, 2013 · 32 filings
SEC status approved since Apr 15, 2013
RAUM
$228M
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
96%
$218M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$114M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$228M as of Jul 1, 2026
Mar 27, 2014$145M then
HNW client RAUM$126M as of Jul 1, 2026
Jan 22, 2018$64.0M then
State-registered IARs (5.B.3)2 as of Jul 1, 2026
Mar 27, 20143 then
Employees (5.A)2 as of Jul 1, 2026
Mar 27, 20147 then
Private funds: no history
RAUM +16% over the last fiscal year+18% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Jul 1, 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $114MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 178derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.5MderivedHNW RAUM over HNW clients
- Average account
- $216,852derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 93%derivedof RAUM
- Institutional
- 4.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +16%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -0.3%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
- Custody
- $7.6M, 11 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$126M55%
- Individuals$92.1M40%
- Pension and profit-sharing plans$9.4M4.1%
- Charitable organizations$363,8040.2%
- Individual clients
- 304reported
- HNW clients
- 51reported
- Pension plan clients
- 12reported
- Charitable clients
- n/areported
- Accounts
- 1,052reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- $7.6M for 11 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
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Ryan Steven BergCertified Financial Planner, Personal Financial Specialist | Fargo, Nd | Dec 19, 2011 | 24 y | 0 |
| Stephanie L Ternes | Fargo, Nd | May 12, 2014 | 20 y | 0 |
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
- Morgan Kent Ranstrom to Trailhead Planners, LLCJul 8, 2017 · Other
- Courtney Elizabeth Ranstrom to Trailhead Planners, LLCJul 8, 2017 · Other
Joined, latest
none on the tape
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Trailhead Planners, LLCJul 8, 2017 · Fargo, Nd
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Steven Ryan Berg · Membercontrolsince 12/2016 · owns 75% or more
- L Stephanie Ternes · Chief Compliance Officercontrolsince 07/2017 · owns less than 5%
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 | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 965 to 1,052Aug 6, 2025 to Mar 5, 2026
- HNW clients · 45 to 51Aug 6, 2025 to Mar 5, 2026
- Individual clients · 311 to 304Aug 6, 2025 to Mar 5, 2026
- Pension plan clients · 13 to 12Aug 6, 2025 to Mar 5, 2026
- Assets in custody · $6.9M to $7.6MAug 6, 2025 to Mar 5, 2026
- Discretionary RAUM · $183M to $213MAug 6, 2025 to Mar 5, 2026
- HNW RAUM · $104M to $126MAug 6, 2025 to Mar 5, 2026
- Individual RAUM · $85.0M to $92.1MAug 6, 2025 to Mar 5, 2026
- Non-discretionary RAUM · $14.5M to $15.3MAug 6, 2025 to Mar 5, 2026
- Pension RAUM · $7.9M to $9.4MAug 6, 2025 to Mar 5, 2026
- RAUM · $197M to $228MAug 6, 2025 to Mar 5, 2026
- Accounts · 950 to 965Feb 22, 2024 to Feb 3, 2025
- HNW clients · 37 to 45Feb 22, 2024 to Feb 3, 2025
- Individual clients · 309 to 311Feb 22, 2024 to Feb 3, 2025
- Assets in custody · $5.8M to $6.9MFeb 22, 2024 to Feb 3, 2025
- Employees · 3 to 2Feb 22, 2024 to Feb 3, 2025
- Financial planning clients · 101-250 to 101-250Feb 22, 2024 to Feb 3, 2025
- Discretionary RAUM · $158M to $183MFeb 22, 2024 to Feb 3, 2025
- HNW RAUM · $83.3M to $104MFeb 22, 2024 to Feb 3, 2025
- Individual RAUM · $80.3M to $85.0MFeb 22, 2024 to Feb 3, 2025
- Non-discretionary RAUM · $12.2M to $14.5MFeb 22, 2024 to Feb 3, 2025
- Pension RAUM · $6.5M to $7.9MFeb 22, 2024 to Feb 3, 2025
- RAUM · $170M to $197MFeb 22, 2024 to Feb 3, 2025
- Accounts · 918 to 950Feb 23, 2023 to Feb 22, 2024
- HNW clients · 31 to 37Feb 23, 2023 to Feb 22, 2024
- Individual clients · 299 to 309Feb 23, 2023 to Feb 22, 2024
- Pension plan clients · 12 to 13Feb 23, 2023 to Feb 22, 2024
- Assets in custody · $5.3M to $5.8MFeb 23, 2023 to Feb 22, 2024
- Financial planning clients · 1-10 to 101-250Feb 23, 2023 to Feb 22, 2024
- Discretionary RAUM · $131M to $158MFeb 23, 2023 to Feb 22, 2024
- HNW RAUM · $64.5M to $83.3MFeb 23, 2023 to Feb 22, 2024
- Individual RAUM · $71.0M to $80.3MFeb 23, 2023 to Feb 22, 2024
- Non-discretionary RAUM · $9.2M to $12.2MFeb 23, 2023 to Feb 22, 2024
- Pension RAUM · $4.5M to $6.5MFeb 23, 2023 to Feb 22, 2024
- RAUM · $140M to $170MFeb 23, 2023 to Feb 22, 2024
- Accounts · 953 to 918May 26, 2022 to Feb 23, 2023
- HNW clients · 83 to 31May 26, 2022 to Feb 23, 2023
- Individual clients · 246 to 299May 26, 2022 to Feb 23, 2023
- Pension plan clients · 28 to 12May 26, 2022 to Feb 23, 2023
- Assets in custody · $6.4M to $5.3MMay 26, 2022 to Feb 23, 2023
Signals
1 dated events
- Ranstrom Financial Planning Services, Llc filed its initial SEC registration (Form ADV)Apr 1, 2013 · 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
- Website
- wealthforward.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 701-293-5789reportedpublic record, Form ADV, Jul 1, 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
- $114Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026