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
Vermillion Wealth Management Inc.
Latest filing Jun 18, 2026
First filing on the tape Mar 14, 2016 · 33 filings
SEC status approved since Mar 21, 2016
RAUM
$460M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$460M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$115M
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$460M as of Jun 18, 2026
Jan 31, 2017$142M then
HNW client RAUM$155M as of Jun 18, 2026
Feb 23, 2018$97.4M then
State-registered IARs (5.B.3)4 as of Jun 18, 2026
Jan 31, 20171 then
Employees (5.A)5 as of Jun 18, 2026
Jan 31, 20171 then
Private funds: no history
RAUM +35% over the last fiscal year+20% a year over threeIARs 3 to 4
Practice profile
derived from the filing of Jun 18, 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
- Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $115MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 177derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $10.3MderivedHNW RAUM over HNW clients
- Average account
- $300,575derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%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
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +27%derivedbetween the last two annual amendments
- Advisor growth, one year
- +67%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +11%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
- Wrap fee program
- $340MreportedItem 5.I
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$305M66%
- High-net-worth individuals$155M34%
- Individual clients
- 691reported
- HNW clients
- 15reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 1,530reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- $0 sponsored, $0 managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- 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
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| James Francis Poepl | Rosemount, Mn | Jan 6, 2016 | 32 y | 2 |
| Craig Edward DockCertified Financial Planner | Rosemount, Mn | Sep 5, 2019 | 20 y | 0 |
| Nicholas John FamularoCertified Financial Planner | Rosemount, Mn | Aug 11, 2025 | 14 y | 3 |
| Max Edward Mataya | Rosemount, Mn | Oct 29, 2025 | 10 y | 1 |
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 25% of current headcount3 left over 36 months
Left, latest
- Jordan Renae Heavens to Winter & Associates, Inc.Jun 18, 2026 · RIA to RIA
- Will Donald Odland to Inspire Advisors, LLCSep 20, 2024 · RIA to RIA
- Justin James Pettit to Ameriprise Financial Services, LLCFeb 7, 2024 · RIA to affiliated broker-dealer or bank
- Andrew Michael Lucking to Commonwealth Financial NetworkJul 18, 2016 · Other
Joined, latest
- Max Edward Mataya from Gradient Advisors, LLCOct 29, 2025 · RIA to RIA
- Nicholas John Famularo from Abbey StreetAug 11, 2025 · RIA to RIA
- Justin James Pettit from Cetera Investment Advisers LLCJun 25, 2018 · Other
- Andrew Michael Lucking from Cetera Investment Advisers LLCJan 6, 2016 · Other
- James Francis Poepl from Cetera Investment Advisers LLCJan 6, 2016 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Cetera Investment Advisers LLCDec 31, 2015 · Inver Grove Heights, Mn
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- K Holly Ostertag · Chief Compliance Officercontrolsince 01/2022 · owns less than 5%
- Michael Jacob Poepl · Ownercontrolsince 07/2016 · owns 25% to 50%
- Francis James Poepl · Owner/Presidentcontrolsince 11/2015 · owns 25% to 50%
- John Matthew Poepl · Ownercontrolsince 07/2016 · owns 25% to 50%
Related persons
Schedule D 7.A
- James Poepln
- Vermillion Insurance Agencyreal estaten
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Rosemount, Mn · principal | 4 | 1 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,472 to 1,530Jan 30, 2026 to Jun 18, 2026
- Advisory employees · 5 to 4Jan 30, 2026 to Jun 18, 2026
- Charity clients · 2 to 0Jan 30, 2026 to Jun 18, 2026
- Corporate clients · 5 to 0Jan 30, 2026 to Jun 18, 2026
- HNW clients · 81 to 15Jan 30, 2026 to Jun 18, 2026
- Individual clients · 1,383 to 691Jan 30, 2026 to Jun 18, 2026
- Employees · 6 to 5Jan 30, 2026 to Jun 18, 2026
- State-registered IARs · 5 to 4Jan 30, 2026 to Jun 18, 2026
- Discretionary RAUM · $433M to $460MJan 30, 2026 to Jun 18, 2026
- HNW RAUM · $235M to $155MJan 30, 2026 to Jun 18, 2026
- Individual RAUM · $185M to $305MJan 30, 2026 to Jun 18, 2026
- RAUM · $433M to $460MJan 30, 2026 to Jun 18, 2026
- Accounts · 1,423 to 1,472Nov 11, 2025 to Jan 30, 2026
- Charity clients · 6 to 2Nov 11, 2025 to Jan 30, 2026
- Corporate clients · 4 to 5Nov 11, 2025 to Jan 30, 2026
- HNW clients · 77 to 81Nov 11, 2025 to Jan 30, 2026
- Individual clients · 1,336 to 1,383Nov 11, 2025 to Jan 30, 2026
- Discretionary RAUM · $364M to $433MNov 11, 2025 to Jan 30, 2026
- HNW RAUM · $204M to $235MNov 11, 2025 to Jan 30, 2026
- Individual RAUM · $150M to $185MNov 11, 2025 to Jan 30, 2026
- RAUM · $364M to $433MNov 11, 2025 to Jan 30, 2026
- Advisory employees · 4 to 5Aug 22, 2025 to Nov 11, 2025
- Employees · 5 to 6Aug 22, 2025 to Nov 11, 2025
- State-registered IARs · 4 to 5Aug 22, 2025 to Nov 11, 2025
- Accounts · 1,320 to 1,423Jun 5, 2025 to Aug 22, 2025
- Advisory employees · 3 to 4Jun 5, 2025 to Aug 22, 2025
- Charity clients · 2 to 6Jun 5, 2025 to Aug 22, 2025
- Corporate clients · 1 to 4Jun 5, 2025 to Aug 22, 2025
- HNW clients · 66 to 77Jun 5, 2025 to Aug 22, 2025
- Individual clients · 1,251 to 1,336Jun 5, 2025 to Aug 22, 2025
- Employees · 4 to 5Jun 5, 2025 to Aug 22, 2025
- State-registered IARs · 3 to 4Jun 5, 2025 to Aug 22, 2025
- Discretionary RAUM · $340M to $364MJun 5, 2025 to Aug 22, 2025
- HNW RAUM · $175M to $204MJun 5, 2025 to Aug 22, 2025
- Individual RAUM · $160M to $150MJun 5, 2025 to Aug 22, 2025
- RAUM · $340M to $364MJun 5, 2025 to Aug 22, 2025
- Financial planning clients · 101-250 to 101-250Jan 30, 2025 to Jun 5, 2025
- Accounts · 1,267 to 1,320Sep 20, 2024 to Jan 30, 2025
- HNW clients · 63 to 66Sep 20, 2024 to Jan 30, 2025
- Individual clients · 827 to 1,251Sep 20, 2024 to Jan 30, 2025
Signals
7 dated events
- Jordan Renae Heavens left Vermillion Wealth Management Inc. for Winter & Associates, Inc. (registered 2026-07-30)Jun 18, 2026 · Advisor changed firm · fact
- Will Donald Odland left Vermillion Wealth Management Inc. for Inspire Advisors, Llc (registered 2024-09-20)Sep 20, 2024 · Advisor changed firm · fact
- Justin James Pettit left Vermillion Wealth Management Inc. for Ameriprise Financial Services, Llc (registered 2024-02-29)Feb 7, 2024 · Advisor changed firm · fact
- Vermillion Wealth Management Inc. reported 0 offices beyond its principal office, down from 5 (2021-10-07 to 2022-01-14)Jan 14, 2022 · Office count change · derived
- K Holly Ostertag (Chief Compliance Officer) appeared on Schedule A of Vermillion Wealth Management Inc.Jan 14, 2022 · Control person joined · fact
- Kate Holly Ostertag (Chief Compliance Officer) no longer on Schedule A of Vermillion Wealth Management Inc. (listed 2020-01-27, absent 2020-05-11)May 11, 2020 · Control person left · inference
- Vermillion Wealth Management Inc. filed its initial SEC registration (Form ADV)Mar 14, 2016 · 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
- Principal office phone
- 651-480-4601reportedpublic record, Form ADV, Jun 18, 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
- $115Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026