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

Freedom Financial Partners LLC

Independent wealth managerOakdale, MinnesotaCRD 327560SEC 801-128748website IAPD

Latest filing Feb 10, 2026

First filing on the tape Aug 17, 2023 · 6 filings

SEC status approved since Sep 19, 2023

RAUM

$378M

reported, Item 5.F

Discretionary

100%

of RAUM

Private clients

100%

$378M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$94.5M

derived; firm RAUM over IAPD count

Employees

5 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

6 filings and snapshots on the tape

RAUM$378M as of Feb 10, 2026

Jan 12, 2024$242M then

HNW client RAUM$310M as of Feb 10, 2026

Jan 12, 2024$185M then

State-registered IARs (5.B.3)4 as of Feb 10, 2026

Jan 12, 20243 then

Employees (5.A)8 as of Feb 10, 2026

Jan 12, 20247 then

Private funds: no history

RAUM +26% over the last fiscal yearIARs 4 to 4

Practice profile

derived from the filing of Feb 10, 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

RAUM per advisor: $94.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 77derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $3.0MderivedHNW RAUM over HNW clients
Average account: $343,559derivedRAUM over accounts (5.F.2.f)
Discretionary: 100%derivedof RAUM
Institutional: 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 2.0derivedItem 5.A over advisors
Advisors per office: 4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year: +26%derivedbetween the last two annual amendments
Advisor growth, one year: +0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year: +9.2%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
Custody: $113M, 224 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)
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$310M82%
Individuals$67.5M18%

Individual clients: 206reported
HNW clients: 102reported
Pension plan clients: n/areported
Charitable clients: n/areported
Accounts: 1,100reported
Financial planning clients: 26-50reported
Wrap fee programs: noreported
Custody of client assets: $113M for 224 clientsreported
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
Kyle David PlayfordCertified Financial Planner	Oakdale, Mn	Nov 20, 2023	11 y	1
Trever Thomas Christian	Oakdale, Mn	Nov 20, 2023	30 y	3
John Stephen SchwalbachCertified Financial Planner	Oakdale, Mn	Nov 20, 2023	23 y	3
Matthew Steven BrandeenChartered Financial Analyst	Oakdale, Mn	May 12, 2026	11 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

none on the tape

Joined, latest

Trever Thomas Christian from Advisornet Wealth Partners
Nov 20, 2023 · RIA to a newly registered adviser
John Stephen Schwalbach from Advisornet Wealth Partners
Nov 20, 2023 · RIA to a newly registered adviser
Kyle David Playford from Advisornet Wealth Partners
Nov 20, 2023 · RIA to a newly registered adviser

Every departure Every arrival

Teams: two or more advisors moving together within fourteen days, from one state

3 joined from Advisornet Wealth Partners
Jan 16, 2024 · Minnetonka, Mn

Teams out Teams in

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

Thomas Trever Christian · Co-Presidentcontrol
since 02/2013 · owns 50% to 75%
Gregory Jonathan Holmgren · Chief Compliance Officercontrol
since 07/2023 · owns less than 5%
Stephen John Schwalbach · Co-Presidentcontrol
since 02/2013 · owns 50% to 75%

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
Oakdale, Mn · principal	4	1	0

Offices

Schedule D 1.F, the 25 largest

No branch office listed.

What changed

consecutive filings, newest first

Accounts · 957 to 1,100
Nov 25, 2025 to Feb 10, 2026
Advisory employees · 4 to 5
Nov 25, 2025 to Feb 10, 2026
HNW clients · 89 to 102
Nov 25, 2025 to Feb 10, 2026
Individual clients · 193 to 206
Nov 25, 2025 to Feb 10, 2026
Employees · 9 to 8
Nov 25, 2025 to Feb 10, 2026
Discretionary RAUM · $301M to $378M
Nov 25, 2025 to Feb 10, 2026
HNW RAUM · $242M to $310M
Nov 25, 2025 to Feb 10, 2026
Individual RAUM · $58.5M to $67.5M
Nov 25, 2025 to Feb 10, 2026
RAUM · $301M to $378M
Nov 25, 2025 to Feb 10, 2026
Accounts · 849 to 957
Jan 12, 2024 to Feb 27, 2025
Advisory employees · 3 to 4
Jan 12, 2024 to Feb 27, 2025
HNW clients · 66 to 89
Jan 12, 2024 to Feb 27, 2025
Individual clients · 179 to 193
Jan 12, 2024 to Feb 27, 2025
Assets in custody · $55.2M to $113M
Jan 12, 2024 to Feb 27, 2025
Employees · 7 to 9
Jan 12, 2024 to Feb 27, 2025
Insurance-licensed employees · 3 to 0
Jan 12, 2024 to Feb 27, 2025
Financial planning clients · 0 to 26-50
Jan 12, 2024 to Feb 27, 2025
State-registered IARs · 3 to 4
Jan 12, 2024 to Feb 27, 2025
Discretionary RAUM · $242M to $301M
Jan 12, 2024 to Feb 27, 2025
HNW RAUM · $185M to $242M
Jan 12, 2024 to Feb 27, 2025
Individual RAUM · $57.3M to $58.5M
Jan 12, 2024 to Feb 27, 2025
RAUM · $242M to $301M
Jan 12, 2024 to Feb 27, 2025
Accounts · 0 to 849
Nov 16, 2023 to Jan 12, 2024
HNW clients · unset to 66.0
Nov 16, 2023 to Jan 12, 2024
Individual clients · unset to 179.0
Nov 16, 2023 to Jan 12, 2024
Assets in custody · unset to 55176697.0
Nov 16, 2023 to Jan 12, 2024
Custody of client assets · false to true
Nov 16, 2023 to Jan 12, 2024
Discretionary RAUM · $0 to $242M
Nov 16, 2023 to Jan 12, 2024
HNW RAUM · unset to 184713019.0
Nov 16, 2023 to Jan 12, 2024
Individual RAUM · unset to 57261276.0
Nov 16, 2023 to Jan 12, 2024
RAUM · $0 to $242M
Nov 16, 2023 to Jan 12, 2024
Wrap assets (manager) · 0.0 to unset
Aug 17, 2023 to Nov 16, 2023
Wrap assets (sponsor) · 0.0 to unset
Aug 17, 2023 to Nov 16, 2023

Signals

2 dated events

3 advisors left Advisornet Wealth Partners (Minnetonka, MN) for Freedom Financial Partners LLC on the same day
Jan 16, 2024 · Team lift-out · derived
Freedom Financial Partners Llc filed its initial SEC registration (Form ADV)
Aug 17, 2023 · 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: 651-797-3509reportedpublished by the firm, firm site, Sep 15, 2026
Business phone: 651-797-3532reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile: linkedin.com/company/freedom-financial-partnersreportedpublic record, Form ADV, Sep 17, 2026
Website: ffpforme.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 651-797-3532reportedpublic record, Form ADV, Feb 10, 2026
Contact form: ffpforme.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page: ffpforme.com/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: $94.5Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026