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

Parr Mcknight Wealth Management Group

Independent wealth managerMinneapolis, MinnesotaCRD 330050SEC 801-130400websiteIAPD
Legal name Parr Mcknight Wealth Management Group, LLC
Latest filing Jun 15, 2026
First filing on the tape May 2, 2024 · 12 filings
SEC status approved since May 30, 2024
RAUM
$1.1B
reported, Item 5.F
Discretionary
88%
of RAUM
Private clients
84%
$892M individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$107M
derived; firm RAUM over IAPD count
Employees
14
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$1.1B as of Jun 15, 2026
Mar 17, 2025$952M then
HNW client RAUM$802M as of Jun 15, 2026
Mar 17, 2025$701M then
State-registered IARs (5.B.3)10 as of Jun 15, 2026
Mar 17, 20257 then
Employees (5.A)14 as of Jun 15, 2026
Mar 17, 202514 then
Private funds: no history
RAUM +12% over the last fiscal yearIARs 7 to 10
Practice profile
derived from the filing of Jun 15, 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
$107MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
44derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.0MderivedHNW RAUM over HNW clients
Average account
$523,815derivedRAUM over accounts (5.F.2.f)
Discretionary
88%derivedof RAUM
Institutional
7.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
10.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
+43%derivedItem 5.B.3 between annual amendments
Client growth, one year
+16%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
$169M, 139 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$802M75%
  • Corporations and businesses$92.5M8.7%
  • Individuals$90.0M8.4%
  • Pension and profit-sharing plans$82.8M7.8%
  • Charitable organizations$980,5720.1%
Individual clients
279reported
HNW clients
162reported
Pension plan clients
162reported
Charitable clients
5reported
Accounts
2,040reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$169M for 139 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.84 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
10 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Mindy Marie ProwMinneapolis, MnAug 12, 202418 y3
Emily DolanMinneapolis, MnAug 12, 202419 y2
John Stewart RudiCertified Financial PlannerMinneapolis, MnAug 12, 202417 y2
Emily Ann NoyesCertified Financial PlannerMinneapolis, MnAug 12, 202414 y1
Anthony Jason ParrCertified Financial PlannerMinneapolis, MnAug 12, 202438 y3
Brian Carl McknightCertified Financial PlannerMinneapolis, MnAug 12, 202427 y3
Patricia Lynn KavanaghMinneapolis, MnAug 13, 202412 y3
Joe EnzlerCertified Financial PlannerMinneapolis, MnAug 14, 202414 y1
Nelson Thomas MoenMinneapolis, MnAug 14, 202412 y1
John Patrick ObrienMinneapolis, MnMar 28, 202510 y1
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 headcount1 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Lynn Patricia Kavanagh · Chief Administration Officercontrol
      since 06/2018 · owns less than 5%
    • Carl Brian Mcknight · Managing Partnercontrol
      since 02/2018 · owns 25% to 50%
    • Thomas Nelson Moen · Managing Partnercontrol
      since 10/2022 · owns less than 5%
    • Jason Anthony Parr · Managing Partnercontrol
      since 02/2018 · owns 25% to 50%
    • Stewart John Rudi · Managing Partnercontrol
      since 02/2018 · owns 25% to 50%
    • Jason Anthony Parr · Managing Membercontrol
      since 09/2017 · owns 25% to 50% of Viking Ventures, Inc
    • Roseann Higgins · Chief Compliance Officer
      since 05/2024 · owns less than 5%
    • Carl Brian Mcknight · Managing Member
      since 09/2017 · owns 25% to 50% of Zpoz Capital, Inc.
    • Stewart John Rudi · Managing Member
      since 09/2017 · owns 25% to 50% of Steamboat Consulting, Inc.
    Entity owners
    • Northern Arrow Ventures, Inc · Owner
      direct · owns less than 5%
    • Steamboat Consulting, Inc. · Owner
      direct · owns 25% to 50%
    • Viking Ventures, Inc · Owner
      direct · owns 25% to 50%
    • Zpoz Capital, Inc. · Owner
      direct · owns 25% to 50%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Minneapolis, Mn · principal1000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing Jun 15, 2026
      MOEN, NELSON, THOMAS (MANAGING PARTNER) appeared on Schedule A between the filings of 2024-05-02 and 2026-06-15
      peers: independent wealth managers, $1B to $5B (1,360)
    How anomalies are measured
    What changed
    consecutive filings, newest first
    • Accounts · 2,711 to 2,040
      Mar 17, 2025 to Mar 1, 2026
    • Advisory employees · 5 to 10
      Mar 17, 2025 to Mar 1, 2026
    • HNW clients · 150 to 162
      Mar 17, 2025 to Mar 1, 2026
    • Individual clients · 231 to 279
      Mar 17, 2025 to Mar 1, 2026
    • Pension plan clients · 43 to 162
      Mar 17, 2025 to Mar 1, 2026
    • Assets in custody · $54.5M to $169M
      Mar 17, 2025 to Mar 1, 2026
    • State-registered IARs · 7 to 10
      Mar 17, 2025 to Mar 1, 2026
    • Discretionary RAUM · $802M to $936M
      Mar 17, 2025 to Mar 1, 2026
    • HNW RAUM · $701M to $802M
      Mar 17, 2025 to Mar 1, 2026
    • Individual RAUM · $84.5M to $90.0M
      Mar 17, 2025 to Mar 1, 2026
    • Non-discretionary RAUM · $150M to $133M
      Mar 17, 2025 to Mar 1, 2026
    • Pension RAUM · $88.3M to $82.8M
      Mar 17, 2025 to Mar 1, 2026
    • RAUM · $952M to $1.1B
      Mar 17, 2025 to Mar 1, 2026
    • Accounts · 2,581 to 2,711
      Sep 26, 2024 to Mar 17, 2025
    • Advisory employees · 7 to 5
      Sep 26, 2024 to Mar 17, 2025
    • Charity clients · 2 to 5
      Sep 26, 2024 to Mar 17, 2025
    • HNW clients · 146 to 150
      Sep 26, 2024 to Mar 17, 2025
    • Individual clients · 212 to 231
      Sep 26, 2024 to Mar 17, 2025
    • Pension plan clients · 50 to 43
      Sep 26, 2024 to Mar 17, 2025
    • Assets in custody · unset to 54469547.0
      Sep 26, 2024 to Mar 17, 2025
    • Custody of client assets · false to true
      Sep 26, 2024 to Mar 17, 2025
    • Employees · 13 to 14
      Sep 26, 2024 to Mar 17, 2025
    • Financial planning clients · 251-500 to 251-500
      Sep 26, 2024 to Mar 17, 2025
    • State-registered IARs · 0 to 7
      Sep 26, 2024 to Mar 17, 2025
    • Discretionary RAUM · $783M to $802M
      Sep 26, 2024 to Mar 17, 2025
    • HNW RAUM · $685M to $701M
      Sep 26, 2024 to Mar 17, 2025
    • Individual RAUM · $82.6M to $84.5M
      Sep 26, 2024 to Mar 17, 2025
    • Non-discretionary RAUM · $166M to $150M
      Sep 26, 2024 to Mar 17, 2025
    • Pension RAUM · $96.5M to $88.3M
      Sep 26, 2024 to Mar 17, 2025
    • RAUM · $949M to $952M
      Sep 26, 2024 to Mar 17, 2025
    • Accounts · 0 to 2,581
      Aug 12, 2024 to Sep 17, 2024
    • Charity clients · unset to 2.0
      Aug 12, 2024 to Sep 17, 2024
    • Corporate clients · unset to 5.0
      Aug 12, 2024 to Sep 17, 2024
    • HNW clients · unset to 146.0
      Aug 12, 2024 to Sep 17, 2024
    • Individual clients · 0 to 212
      Aug 12, 2024 to Sep 17, 2024
    • Pension plan clients · unset to 50.0
      Aug 12, 2024 to Sep 17, 2024
    • Financial planning clients · 1-10 to 251-500
      Aug 12, 2024 to Sep 17, 2024
    • Discretionary RAUM · $0 to $783M
      Aug 12, 2024 to Sep 17, 2024
    • HNW RAUM · unset to 685376894.0
      Aug 12, 2024 to Sep 17, 2024
    • Individual RAUM · unset to 82648468.0
      Aug 12, 2024 to Sep 17, 2024
    Signals
    3 dated events
    • Kelli Hill left Parr Mcknight Wealth Management Group for Fifth Third Wealth Advisors Llc (registered 2025-08-12)
      Jul 28, 2025 · Advisor changed firm · fact
    • 9 advisors left Wells Fargo Advisors (Minneapolis, MN) for Parr Mcknight Wealth Management Group within 18 days
      Aug 16, 2024 · Team lift-out · derived
    • Parr Mcknight Wealth Management Group filed its initial SEC registration (Form ADV)
      May 2, 2024 · 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
    612-324-0240reportedpublished by the firm, firm site, Sep 15, 2026
    Website
    parrmcknightwmg.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    612-324-0240reportedpublic record, Form ADV, Jun 15, 2026
    Contact form
    parrmcknightwmg.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
    Team page
    parrmcknightwmg.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
    $107Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026