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

Echo Wealth Management, LLC

Independent wealth managerPlymouth, MinnesotaCRD 174136SEC 801-117873websiteIAPD
Latest filing Apr 7, 2026
First filing on the tape Nov 27, 2019 · 13 filings
SEC status approved since Jan 3, 2020
RAUM
$288M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
97%
$280M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$72.0M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$288M as of Apr 7, 2026
Mar 13, 2020$109M then
HNW client RAUM$260M as of Apr 7, 2026
Mar 13, 2020$105M then
State-registered IARs (5.B.3)3 as of Apr 7, 2026
Mar 13, 20202 then
Employees (5.A)5 as of Apr 7, 2026
Mar 13, 20203 then
Private funds: no history
RAUM +18% over the last fiscal year+25% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Apr 7, 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
$72.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
36derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.4MderivedHNW RAUM over HNW clients
Average account
$377,706derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
0.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+18%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
Custody
$140M, 81 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$260M91%
  • Individuals$20.2M7.1%
  • Corporations and businesses$3.9M1.4%
  • Pension and profit-sharing plans$736,7950.3%
Individual clients
67reported
HNW clients
77reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
763reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$140M for 81 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Fang Echo HuangCertified Financial PlannerPlymouth, MnMar 11, 201525 y1
Jared August JohnsonPlymouth, MnJun 29, 202212 y0
Justin James EdwardsPlymouth, MnAug 11, 202210 y1
Syleste Marie ArroyoPlymouth, MnApr 22, 202613 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
    • Echo Fang Huang · Founder, President & Chief Compliance Officercontrol
      since 12/2014 · owns 75% or more
    • August Jared Johnson · Member, Associate Wealth Manager & Shareholder
      since 08/2022 · 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
    Plymouth, Mn · principal410
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Financial planning clients · 1-10 to 101-250
      Mar 2, 2026 to Apr 7, 2026
    • Accounts · 645 to 763
      May 21, 2025 to Mar 2, 2026
    • HNW clients · 63 to 77
      May 21, 2025 to Mar 2, 2026
    • Individual clients · 59 to 67
      May 21, 2025 to Mar 2, 2026
    • Assets in custody · $131M to $140M
      May 21, 2025 to Mar 2, 2026
    • Employees · 4 to 5
      May 21, 2025 to Mar 2, 2026
    • Financial planning clients · 51-100 to 1-10
      May 21, 2025 to Mar 2, 2026
    • Discretionary RAUM · $240M to $283M
      May 21, 2025 to Mar 2, 2026
    • HNW RAUM · $202M to $260M
      May 21, 2025 to Mar 2, 2026
    • Individual RAUM · $39.1M to $20.2M
      May 21, 2025 to Mar 2, 2026
    • Non-discretionary RAUM · $4.8M to $4.8M
      May 21, 2025 to Mar 2, 2026
    • Pension RAUM · $537,773 to $736,795
      May 21, 2025 to Mar 2, 2026
    • RAUM · $245M to $288M
      May 21, 2025 to Mar 2, 2026
    • Financial planning clients · 51-100 to 51-100
      Mar 24, 2025 to May 21, 2025
    • Accounts · 527 to 645
      Mar 28, 2024 to Mar 24, 2025
    • Corporate clients · 1.0 to unset
      Mar 28, 2024 to Mar 24, 2025
    • HNW clients · 64 to 63
      Mar 28, 2024 to Mar 24, 2025
    • Individual clients · 43 to 59
      Mar 28, 2024 to Mar 24, 2025
    • Pension plan clients · 2.0 to unset
      Mar 28, 2024 to Mar 24, 2025
    • Assets in custody · $185M to $131M
      Mar 28, 2024 to Mar 24, 2025
    • Employees · 3 to 4
      Mar 28, 2024 to Mar 24, 2025
    • Discretionary RAUM · $185M to $240M
      Mar 28, 2024 to Mar 24, 2025
    • HNW RAUM · $170M to $202M
      Mar 28, 2024 to Mar 24, 2025
    • Individual RAUM · $17.0M to $39.1M
      Mar 28, 2024 to Mar 24, 2025
    • Non-discretionary RAUM · $4.6M to $4.8M
      Mar 28, 2024 to Mar 24, 2025
    • Pension RAUM · $365,974 to $537,773
      Mar 28, 2024 to Mar 24, 2025
    • RAUM · $190M to $245M
      Mar 28, 2024 to Mar 24, 2025
    • Accounts · 452 to 527
      Mar 29, 2023 to Mar 28, 2024
    • Corporate clients · 2 to 1
      Mar 29, 2023 to Mar 28, 2024
    • HNW clients · 50 to 64
      Mar 29, 2023 to Mar 28, 2024
    • Individual clients · 49 to 43
      Mar 29, 2023 to Mar 28, 2024
    • Pension plan clients · unset to 2.0
      Mar 29, 2023 to Mar 28, 2024
    • Assets in custody · $140M to $185M
      Mar 29, 2023 to Mar 28, 2024
    • Discretionary RAUM · $147M to $185M
      Mar 29, 2023 to Mar 28, 2024
    • HNW RAUM · $130M to $170M
      Mar 29, 2023 to Mar 28, 2024
    • Individual RAUM · $16.1M to $17.0M
      Mar 29, 2023 to Mar 28, 2024
    • Non-discretionary RAUM · $369,501 to $4.6M
      Mar 29, 2023 to Mar 28, 2024
    • Pension RAUM · unset to 365974.0
      Mar 29, 2023 to Mar 28, 2024
    • RAUM · $148M to $190M
      Mar 29, 2023 to Mar 28, 2024
    • Accounts · 382 to 452
      Aug 11, 2022 to Mar 29, 2023
    Signals
    1 dated events
    • Echo Wealth Management, Llc filed its initial SEC registration (Form ADV)
      Nov 27, 2019 · 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 email
    info@echowm.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    763-432-7875reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/echo-wealth-management-llcreportedpublic record, Form ADV, Sep 18, 2026
    Website
    echowm.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    763-432-7875reportedpublic record, Form ADV, Apr 7, 2026
    Contact form
    echowealthmanagement.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
    Team page
    echowealthmanagement.com/about/our-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
    $72.0Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026