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.

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SEC-registered adviser

C••••• W••••• G••••

Independent wealth managerAndover, MinnesotaCRD 334995SEC 801-132257websiteIAPD
Legal name C••••• W••••• G•••• L••
Latest filing Sep 8, 2026
First filing on the tape Feb 24, 2025 · 8 filings
SEC status approved since Mar 26, 2025
RAUM
$218M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
98%
$214M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$43.6M
derived; firm RAUM over IAPD count
Employees
7
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$218M as of Jun 25, 2026
Feb 24, 2025$0 then
HNW client RAUM$159M as of Jun 25, 2026
Jul 22, 2025$95.0M then
State-registered IARs (5.B.3)4 as of Jun 25, 2026
Feb 24, 20252 then
Employees (5.A)7 as of Jun 25, 2026
Feb 24, 20256 then
Private funds: no history
RAUM n/a over the last fiscal yearIARs 2 to 4offices 0 to 1
Practice profile
derived from the filing of Sep 8, 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
RAUM per advisor
$36.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
92derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.1MderivedHNW RAUM over HNW clients
Average account
$199,099derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
1.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
3.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
+100%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, educational seminars, otherreportedItem 5.G
Custody
$15.3M, 64 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$159M73%
  • Individuals$55.4M25%
  • Pension and profit-sharing plans$3.5M1.6%
Individual clients
400reported
HNW clients
150reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,094reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$15.3M for 64 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J••••• E•••• B••••••••Andover, MnMar 28, 202514 y2
P••••• R•••• C••••••Andover, MnMar 28, 202510 y1
C••••••••• A••••• K•••Andover, MnAug 19, 202513 y3
D••••• D••• E••••••Andover, MnAug 19, 202512 y0
E••• J••• A•••••••Andover, MnMay 1, 202613 y1
T• D••••• N•••••Andover, MnSep 16, 202614 y0
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B••••••••• J•••••• E•••• · Chief Compliance Officer/ Managing Membercontrol
    since 02/2024 · 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
Andover, Mn · principal620
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Financial planning clients · to unset
    Jun 25, 2026 to Sep 8, 2026
  • Succession · false to unset
    Jun 25, 2026 to Sep 8, 2026
  • Accounts · 1,082 to 1,094
    Dec 2, 2025 to Mar 24, 2026
  • Advisory employees · 3 to 4
    Dec 2, 2025 to Mar 24, 2026
  • Advisory activities · 2 to 4
    Dec 2, 2025 to Mar 24, 2026
  • HNW clients · 140 to 150
    Dec 2, 2025 to Mar 24, 2026
  • Pension plan clients · 4.0 to unset
    Dec 2, 2025 to Mar 24, 2026
  • Assets in custody · unset to 15340521.0
    Dec 2, 2025 to Mar 24, 2026
  • Custody of client assets · false to true
    Dec 2, 2025 to Mar 24, 2026
  • Employees · 6 to 7
    Dec 2, 2025 to Mar 24, 2026
  • State-registered IARs · 2 to 4
    Dec 2, 2025 to Mar 24, 2026
  • Other offices · 0 to 1
    Dec 2, 2025 to Mar 24, 2026
  • Discretionary RAUM · $116M to $214M
    Dec 2, 2025 to Mar 24, 2026
  • HNW RAUM · $95.0M to $159M
    Dec 2, 2025 to Mar 24, 2026
  • Individual RAUM · $38.0M to $55.4M
    Dec 2, 2025 to Mar 24, 2026
  • Non-discretionary RAUM · $20.0M to $3.5M
    Dec 2, 2025 to Mar 24, 2026
  • Pension RAUM · $3.0M to $3.5M
    Dec 2, 2025 to Mar 24, 2026
  • RAUM · $136M to $218M
    Dec 2, 2025 to Mar 24, 2026
  • BD registered reps · 2 to 0
    Aug 7, 2025 to Dec 2, 2025
  • Insurance-licensed employees · 2 to 0
    Aug 7, 2025 to Dec 2, 2025
  • Accounts · 0 to 1,082
    Feb 24, 2025 to Jul 22, 2025
  • HNW clients · unset to 140.0
    Feb 24, 2025 to Jul 22, 2025
  • Individual clients · unset to 400.0
    Feb 24, 2025 to Jul 22, 2025
  • Pension plan clients · unset to 4.0
    Feb 24, 2025 to Jul 22, 2025
  • Financial planning clients · unset to
    Feb 24, 2025 to Jul 22, 2025
  • Discretionary RAUM · $0 to $116M
    Feb 24, 2025 to Jul 22, 2025
  • HNW RAUM · unset to 95000000.0
    Feb 24, 2025 to Jul 22, 2025
  • Individual RAUM · unset to 38000000.0
    Feb 24, 2025 to Jul 22, 2025
  • Non-discretionary RAUM · $0 to $20.0M
    Feb 24, 2025 to Jul 22, 2025
  • Pension RAUM · unset to 3000000.0
    Feb 24, 2025 to Jul 22, 2025
  • RAUM · $0 to $136M
    Feb 24, 2025 to Jul 22, 2025
Signals
2 dated events
  • Ty Daniel Nelson registered as an investment adviser representative at Cedrus Wealth Group
    Sep 16, 2026 · Advisor registered · fact
  • 2 advisors left Raymond James Financial Services Advisors, Inc (Coon Rapids, MN) for Cedrus Wealth Group on the same day
    Apr 23, 2025 · Team lift-out · derived
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
612-488-0090reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
612-445-8551reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
763-400-3224reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/cedrus-wealth-groupreportedpublic record, Form ADV, Sep 18, 2026
Website
cedruswealthgroup.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
763-400-3224reportedpublic record, Form ADV, Sep 8, 2026
Contact form
cedruswealthgroup.com/contactreportedpublished 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
$43.6Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026