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

Christensen Group Financial, LLC

Independent wealth managerEden Prairie, MinnesotaCRD 318144SEC 801-124781websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Mar 29, 2022 · 12 filings
SEC status approved since Apr 28, 2022
RAUM
$24.8M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$24.8M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$5.0M
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$24.8M as of Mar 27, 2026
Mar 21, 2023$4.7M then
HNW client RAUM$19.2M as of Mar 27, 2026
Mar 21, 2023$2.6M then
State-registered IARs (5.B.3)5 as of Mar 27, 2026
Mar 21, 20232 then
Employees (5.A)6 as of Mar 27, 2026
Mar 21, 20235 then
Private funds: no history
RAUM +34% over the last fiscal year+74% a year over threeIARs 3 to 5offices 0 to 1
Practice profile
derived from the filing of Mar 27, 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
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$5.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
8derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.3MderivedHNW RAUM over HNW clients
Average account
$264,003derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
2.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+34%derivedbetween the last two annual amendments
Advisor growth, one year
+67%derivedItem 5.B.3 between annual amendments
Client growth, one year
+5.3%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 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$19.2M78%
  • Individuals$5.6M22%
Individual clients
25reported
HNW clients
15reported
Pension plan clients
230reported
Charitable clients
n/areported
Accounts
94reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
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
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Spencer Lewis RoseEden Prairie, MnJun 1, 202212 y1
Ross Christian DahlofEden Prairie, MnJun 1, 202227 y2
Scott M LichterEden Prairie, MnMar 11, 202522 y0
Joshua Cade JohnsonSan Antonio, TxJul 1, 202510 y1
Aaron Patrick DecockEden Prairie, MnJan 14, 202610 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
    • Charles Christensen · Cfocontrol
      since 12/2021 · owns less than 5%
    • Christian Ross Dahlof · Presidentcontrol
      since 12/2021 · owns less than 5%
    • M Scott Lichter · Ccocontrol
      since 12/2021 · owns less than 5%
    Entity owners
    • Christensen Group Inc. · Sole Member
      direct · owns 75% or more
    • Insurance Resources International Inc. · Owner
      indirect · owns 75% or more of Christensen Group Inc.
    Related persons
    Schedule D 7.A
    • Christensen Group Insurance
      real estatey
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Eden Prairie, Mn · principal410
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 78 to 94
      Nov 3, 2025 to Mar 27, 2026
    • HNW clients · 9 to 15
      Nov 3, 2025 to Mar 27, 2026
    • Individual clients · 29 to 25
      Nov 3, 2025 to Mar 27, 2026
    • Pension plan clients · 232 to 230
      Nov 3, 2025 to Mar 27, 2026
    • Financial planning clients · 1-10 to 11-25
      Nov 3, 2025 to Mar 27, 2026
    • State-registered IARs · 4 to 5
      Nov 3, 2025 to Mar 27, 2026
    • Discretionary RAUM · $18.5M to $24.8M
      Nov 3, 2025 to Mar 27, 2026
    • HNW RAUM · $11.6M to $19.2M
      Nov 3, 2025 to Mar 27, 2026
    • Individual RAUM · $6.9M to $5.6M
      Nov 3, 2025 to Mar 27, 2026
    • RAUM · $18.5M to $24.8M
      Nov 3, 2025 to Mar 27, 2026
    • Advisory employees · 4 to 5
      Mar 12, 2025 to Jul 1, 2025
    • Employees · 5 to 6
      Mar 12, 2025 to Jul 1, 2025
    • Financial planning clients · 1-10 to 1-10
      Mar 12, 2025 to Jul 1, 2025
    • State-registered IARs · 3 to 4
      Mar 12, 2025 to Jul 1, 2025
    • Other offices · 0 to 1
      Mar 12, 2025 to Jul 1, 2025
    • Accounts · 37 to 78
      Dec 16, 2024 to Mar 12, 2025
    • HNW clients · 7 to 9
      Dec 16, 2024 to Mar 12, 2025
    • Individual clients · 17 to 29
      Dec 16, 2024 to Mar 12, 2025
    • Pension plan clients · 234 to 232
      Dec 16, 2024 to Mar 12, 2025
    • State-registered IARs · 2 to 3
      Dec 16, 2024 to Mar 12, 2025
    • Discretionary RAUM · $10.1M to $18.5M
      Dec 16, 2024 to Mar 12, 2025
    • HNW RAUM · $6.0M to $11.6M
      Dec 16, 2024 to Mar 12, 2025
    • Individual RAUM · $4.1M to $6.9M
      Dec 16, 2024 to Mar 12, 2025
    • RAUM · $10.1M to $18.5M
      Dec 16, 2024 to Mar 12, 2025
    • Accounts · 16 to 37
      Mar 23, 2023 to Mar 20, 2024
    • HNW clients · unset to 7.0
      Mar 23, 2023 to Mar 20, 2024
    • Individual clients · 8 to 17
      Mar 23, 2023 to Mar 20, 2024
    • Pension plan clients · 225 to 234
      Mar 23, 2023 to Mar 20, 2024
    • Financial planning clients · 0 to 1-10
      Mar 23, 2023 to Mar 20, 2024
    • Discretionary RAUM · $4.7M to $10.1M
      Mar 23, 2023 to Mar 20, 2024
    • HNW RAUM · $2.6M to $6.0M
      Mar 23, 2023 to Mar 20, 2024
    • Individual RAUM · $2.2M to $4.1M
      Mar 23, 2023 to Mar 20, 2024
    • RAUM · $4.7M to $10.1M
      Mar 23, 2023 to Mar 20, 2024
    • Accounts · 10 to 16
      Nov 3, 2022 to Mar 21, 2023
    • Advisory activities · 2 to 3
      Nov 3, 2022 to Mar 21, 2023
    • Individual clients · 6 to 8
      Nov 3, 2022 to Mar 21, 2023
    • Pension plan clients · 218 to 225
      Nov 3, 2022 to Mar 21, 2023
    • Financial planning clients · unset to 0
      Nov 3, 2022 to Mar 21, 2023
    • State-registered IARs · 4 to 2
      Nov 3, 2022 to Mar 21, 2023
    • Discretionary RAUM · $1.7M to $4.7M
      Nov 3, 2022 to Mar 21, 2023
    Signals
    1 dated events
    • Christensen Group Financial, Llc filed its initial SEC registration (Form ADV)
      Mar 29, 2022 · 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
    210-512-0512reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    218-308-7001reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    218-514-4541reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    christensengroup.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    952-653-1000reportedpublic record, Form ADV, Mar 27, 2026
    Contact form
    christensengroup.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
    Team page
    christensengroup.com/teamreportedpublished by the firm, firm site, Sep 16, 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
    $5.0Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026