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

Ellerbrock-Norris Wealth Strategies LLC

Independent wealth managerOmaha, NebraskaCRD 295099SEC 801-132779websiteIAPD
Latest filing Jun 17, 2026
First filing on the tape Apr 14, 2025 · 3 filings
SEC status approved since May 15, 2025
RAUM
$172M
reported, Item 5.F
Discretionary
84%
of RAUM
Private clients
92%
$157M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$85.8M
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
3 filings and snapshots on the tape
RAUM$172M as of Jun 17, 2026
Apr 14, 2025$111M then
HNW client RAUM$141M as of Jun 17, 2026
Apr 14, 2025$83.6M then
State-registered IARs (5.B.3)2 as of Jun 17, 2026
Apr 14, 20253 then
Employees (5.A)2 as of Jun 17, 2026
Apr 14, 20253 then
Private funds: no history
RAUM +55% over the last fiscal yearIARs 3 to 2
Practice profile
derived from the filing of Jun 17, 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
$85.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
37derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.6MderivedHNW RAUM over HNW clients
Average account
$501,809derivedRAUM over accounts (5.F.2.f)
Discretionary
84%derivedof RAUM
Institutional
8.3%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
+55%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+14%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
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$141M82%
  • Individuals$16.8M9.8%
  • Pension and profit-sharing plans$14.3M8.3%
Individual clients
35reported
HNW clients
39reported
Pension plan clients
11reported
Charitable clients
0reported
Accounts
342reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Ryan Lee BrottOmaha, NeMay 22, 201815 y4
Benjamin Edward WoodsOmaha, NeJan 19, 202127 y3
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 50% of current headcount1 left over 36 months
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Lee Ryan Brott · Director & Chief Compliance Officercontrol
    since 03/2018 · owns less than 5%
Entity owners
  • Ellerbrock-Norris Agency, Inc. · Member
    direct · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Omaha, Ne · principal201
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • discretionary share shiftChange between filings · filing Feb 17, 2026
    discretionary share of RAUM moved from 0.0% to 84.0% between the annual amendments of 2025-04-14 and 2026-02-17
    peers: independent wealth managers, $100M to $500M (5,676)
  • RAUM up 50 %Change between filings · filing Feb 17, 2026
    RAUM (Item 5.F) moved from $110,551,716 to $171,618,658 (+55.0%) between the annual amendments of 2025-04-14 and 2026-02-17; the peer median change was +15.0% (4551 comparable advisers, 96.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,551) · 96% percentile
What changed
consecutive filings, newest first
  • Advisory employees · 3 to 2
    Feb 17, 2026 to Jun 17, 2026
  • Employees · 3 to 2
    Feb 17, 2026 to Jun 17, 2026
  • State-registered IARs · 3 to 2
    Feb 17, 2026 to Jun 17, 2026
  • Accounts · 277 to 342
    Apr 14, 2025 to Feb 17, 2026
  • HNW clients · 25 to 39
    Apr 14, 2025 to Feb 17, 2026
  • Individual clients · 40 to 35
    Apr 14, 2025 to Feb 17, 2026
  • Pension plan clients · 9 to 11
    Apr 14, 2025 to Feb 17, 2026
  • Discretionary RAUM · $0 to $144M
    Apr 14, 2025 to Feb 17, 2026
  • HNW RAUM · $83.6M to $141M
    Apr 14, 2025 to Feb 17, 2026
  • Individual RAUM · $16.4M to $16.8M
    Apr 14, 2025 to Feb 17, 2026
  • Non-discretionary RAUM · $111M to $27.2M
    Apr 14, 2025 to Feb 17, 2026
  • Pension RAUM · $10.6M to $14.3M
    Apr 14, 2025 to Feb 17, 2026
  • RAUM · $111M to $172M
    Apr 14, 2025 to Feb 17, 2026
Signals
2 dated events
  • Seth Cave left Ellerbrock-Norris Wealth Strategies Llc for Northwestern Mutual Investment Services,Llc (registered 2026-09-11)
    Jun 17, 2026 · Advisor changed firm · fact
  • Benjamin G Hanssen left Ellerbrock-Norris Wealth Strategies Llc for Allen Capital Group, Llc (registered 2023-01-26)
    Jan 5, 2023 · Advisor changed firm · 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
Firm profile
linkedin.com/company/ellerbrock-norris-wealth-strategiesreportedpublic record, Form ADV, Sep 17, 2026
Website
en-ws.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
(402) 884-1320reportedpublic record, Form ADV, Jun 17, 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
$85.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026