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

Cedar Cove Wealth Partners

Independent wealth managerBloomington, MinnesotaCRD 336245SEC 801-133908websiteIAPD
Legal name Sbe LLC Dba Cedar Cove Wealth Partners
Latest filing Aug 26, 2026
First filing on the tape Jul 7, 2025 · 7 filings
SEC status approved since Jul 21, 2025
RAUM
$455M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$455M individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$45.5M
derived; firm RAUM over IAPD count
Employees
14
10 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$455M as of Aug 26, 2026
Jul 7, 2025$0 then
HNW client RAUM$305M as of Aug 26, 2026
Nov 25, 2025$289M then
State-registered IARs (5.B.3)10 as of Aug 26, 2026
Jul 7, 202511 then
Employees (5.A)14 as of Aug 26, 2026
Jul 7, 202514 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Aug 26, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$45.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
204derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$345,653derivedHNW RAUM over HNW clients
Average account
$223,488derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
2.5derived4 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, publications, educational seminarsreportedItem 5.G
Wrap fee program
$455MreportedItem 5.I
Custody
$21.1M, 373 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
  • is an insurance broker or agent (6.A.6)
  • 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$305M67%
  • Individuals$151M33%
Individual clients
1,155reported
HNW clients
881reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2,036reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$21.1M for 373 clientsreported
Compensation
% of AUM, fixed, hourlyreported
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
10 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
John Michael KellyBloomington, MnAug 11, 202510 y2
Sara Elizabeth SchreiberBloomington, MnAug 11, 202523 y2
Benjamin Lee JohnsonCertified Financial PlannerBloomington, MnAug 11, 202514 y2
Keith Larayne SappChartered Financial Consultant, Chartered Financial AnalystDenver, Co Aug 11, 202520 y3
John Sanford CarpenterDenver, Co Aug 11, 202519 y1
Christopher Todd SipeCertified Financial PlannerBloomington, MnAug 11, 202516 y2
Nathan Vincent KnollCertified Financial PlannerBloomington, MnAug 11, 202510 y2
Samuel John BrobackBloomington, MnAug 11, 202513 y1
Jennifer Lee CordsCertified Financial PlannerBloomington, MnAug 11, 202526 y2
Chase Steven AbellBloomington, Mn Sep 10, 202512 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 headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    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
      • Ashley Buchanan · Chief Compliance Officercontrol
        since 06/2026 · owns less than 5%
      • Lee Jennifer Cords · Founding Partnercontrol
        since 06/2025 · owns 25% to 50%
      • Lee Benjamin Johnson · Founding Partnercontrol
        since 06/2025 · owns 25% to 50%
      • Vincent Nathan Knoll · Partnercontrol
        since 01/2026 · owns 5% to 10%
      • Larayne Keith Sapp · Partner & Chief Investment Officercontrol
        since 06/2025 · owns 5% to 10%
      • Todd Christopher Sipe · Founding Partnercontrol
        since 06/2025 · 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
      Bloomington, Mn · principal1000
      Denver, Co200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 1,861 to 2,036
        Nov 25, 2025 to Mar 21, 2026
      • HNW clients · 771 to 881
        Nov 25, 2025 to Mar 21, 2026
      • Individual clients · 1,090 to 1,155
        Nov 25, 2025 to Mar 21, 2026
      • Assets in custody · $185M to $21.1M
        Nov 25, 2025 to Mar 21, 2026
      • Financial planning clients · 0 to 251-500
        Nov 25, 2025 to Mar 21, 2026
      • Discretionary RAUM · $432M to $455M
        Nov 25, 2025 to Mar 21, 2026
      • HNW RAUM · $289M to $305M
        Nov 25, 2025 to Mar 21, 2026
      • Individual RAUM · $143M to $151M
        Nov 25, 2025 to Mar 21, 2026
      • RAUM · $432M to $455M
        Nov 25, 2025 to Mar 21, 2026
      • Accounts · 0 to 1,861
        Aug 11, 2025 to Nov 25, 2025
      • HNW clients · unset to 771.0
        Aug 11, 2025 to Nov 25, 2025
      • Individual clients · unset to 1090.0
        Aug 11, 2025 to Nov 25, 2025
      • Assets in custody · unset to 185175810.0
        Aug 11, 2025 to Nov 25, 2025
      • Custody of client assets · false to true
        Aug 11, 2025 to Nov 25, 2025
      • Employees · 13 to 14
        Aug 11, 2025 to Nov 25, 2025
      • Insurance-licensed employees · 10 to 0
        Aug 11, 2025 to Nov 25, 2025
      • Financial planning clients · 0 to 0
        Aug 11, 2025 to Nov 25, 2025
      • Discretionary RAUM · $0 to $432M
        Aug 11, 2025 to Nov 25, 2025
      • HNW RAUM · unset to 288619099.0
        Aug 11, 2025 to Nov 25, 2025
      • Individual RAUM · unset to 143061996.0
        Aug 11, 2025 to Nov 25, 2025
      • RAUM · $0 to $432M
        Aug 11, 2025 to Nov 25, 2025
      • Advisory employees · 11 to 10
        Jul 7, 2025 to Aug 11, 2025
      • Employees · 14 to 13
        Jul 7, 2025 to Aug 11, 2025
      • Insurance-licensed employees · 0 to 10
        Jul 7, 2025 to Aug 11, 2025
      • State-registered IARs · 11 to 10
        Jul 7, 2025 to Aug 11, 2025
      • Other offices · 0 to 3
        Jul 7, 2025 to Aug 11, 2025
      Signals
      1 dated events
      • 9 advisors left Thrivent Advisor Network, LLC (Minneapolis, MN) for Cedar Cove Wealth Partners on the same day
        Sep 10, 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
      952-358-3456reportedpublished by the firm, firm site, Sep 17, 2026
      Firm profile
      LINKEDIN.COM/COMPANY/CEDAR-COVE-WEALTH-PARTNERSreportedpublic record, Form ADV, Sep 17, 2026
      Website
      CEDARCOVEWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      952-358-3456reportedpublic record, Form ADV, Aug 26, 2026
      Contact form
      cedarcovewealth.com/connect-with-usreportedpublished by the firm, firm site, Sep 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
      $45.5Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026