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.

Former SEC-registered adviser

Woodbury Financial Services, Inc.

Former SEC-registered adviserOakdale, MinnesotaCRD 421SEC 801-54905IAPD
Latest filing Jan 19, 2024
First filing on the tape Jan 27, 2012 · 187 filings
RAUM
$19B
reported, Item 5.F
Discretionary
84%
of RAUM
Private clients
96%
$19B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3,002
1,373 advisory (5.B.1)
Offices
1,038
beyond the principal office
Private funds
0
reported on Schedule D
History
187 filings and snapshots on the tape
RAUM$19B as of Apr 3, 2023
Mar 30, 2012$1.8B then
HNW client RAUM$7.2B as of Apr 3, 2023
Mar 29, 2018$2.2B then
State-registered IARs (5.B.3)1,872 as of Apr 3, 2023
Apr 1, 2013850 then
Employees (5.A)3,002 as of Apr 3, 2023
Apr 1, 20131,525 then
Private funds: no history
RAUM -9.7% over the last fiscal year+18% a year over threeIARs 1,613 to 1,872offices 837 to 1,038
Practice profile
derived from the filing of Jan 19, 2024; every figure names its basis
RAUM per advisor
$10.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
37derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$974,911derivedHNW RAUM over HNW clients
Average account
$189,097derivedRAUM over accounts (5.F.2.f)
Discretionary
84%derivedof RAUM
Institutional
1.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
1.8derived1,039 offices incl. principal (1.F.5)
RAUM growth, one year
-9.7%derivedbetween the last two annual amendments
Advisor growth, one year
+16%derivedItem 5.B.3 between annual amendments
Client growth, one year
+9.9%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
Financial planning clients
1,000reportedItem 5.H
Wrap fee program
participatesreportedItem 5.I
Custody
$141M, 375 clientsreportedItem 9.A
Ownership
a PE fund or sponsor is a 25 percent or greater owner on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is a broker-dealer (6.A.1)
  • 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)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$11B59%
  • High-net-worth individuals$7.2B38%
  • Corporations and businesses$526M2.7%
  • Charitable organizations$120M0.6%
  • Pension and profit-sharing plans$88.9M0.5%
Individual clients
62,216reported
HNW clients
7,424reported
Pension plan clients
121reported
Charitable clients
184reported
Accounts
101,950reported
Financial planning clients
1,000reported
Wrap fee programs
$0 sponsored, $14B managedreported
Custody of client assets
$141M for 375 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
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
  • Gregory Allen Cornick · Directorcontrol
    since 01/2021 · owns less than 5%
  • Richard David Fergesen · Ceo, President, Directorcontrol
    since 03/2014 · owns less than 5%
  • Timothy Robert Hodge · Chief Operations Officercontrol
    since 11/2023 · owns less than 5%
  • James Dale Price · Chairmancontrol
    since 11/2016 · owns less than 5%
  • Matthew Adam Schlueter · Executive Vice President, Directorcontrol
    since 03/2019 · owns less than 5%
  • Milton Ralph Berlinski · General Partnercontrol
    since 08/2014 · owns F of Rcp Genpar LP
  • Milton Ralph Berlinski · Trusteecontrol
    since 06/2006 · owns 25% to 50% of The Berlinski Family 2006 Trust
  • Milton Ralph Berlinski · Membercontrol
    since 08/2014 · owns 25% to 50% of Rcp Genpar Holdco LLC
  • Milton Ralph Berlinski · Investment Managercontrol
    since 08/2014 · owns F of Mrb Icbc LLC
  • John Michael Cooney · Svp, Chief Compliance Officer
    since 09/2023 · owns less than 5%
  • Jason Gerb · Svp, Chief Regulatory Officer
    since 06/2022 · owns less than 5%
  • Iryna Yakovlevna Northrip · Svp, Chief Compliance Officer,
    since 08/2023 · owns less than 5%
  • David Martin Schmidt · Treasurer, Financial And Operations Principal
    since 03/2017 · owns less than 5%
Entity owners
  • Osaic, Inc. · Shareholder
    direct · owns 75% or more
  • Ag Artemis Holdings Gp, LLC · General Partner
    indirect · owns F of Ag Artemis Holdings, L.P.
  • Ag Artemis Holdings, L.P. · Shareholder
    indirect · owns 75% or more of Ag Intermediate Corporation
  • Ag Intermediate Corporation · Shareholder
    indirect · owns 75% or more of Osaic Financial Services, Inc.
  • Ag Parent Corporation · Shareholder
    indirect · owns 75% or more of Osaic Holdings, Inc
  • Mrb Icbc LLC · Member
    indirect · owns 25% to 50% of Rcp Genpar Holdco LLC
  • Osaic Financial Services, Inc. · Shareholder
    indirect · owns 75% or more of Ag Parent Corporation
  • Osaic Holdings, Inc. · Shareholder
    indirect · owns 75% or more of Osaic, Inc.
  • Rcp Artemis Co-Invest Gp LLC · General Partner
    indirect · owns F of Rcp Artemis Co-Invest, L.P.
  • Rcp Artemis Co-Invest, L.P. · Limited Partner
    indirect · owns 50% to 75% of Ag Artemis Holdings, L.P.
  • Rcp Genpar Holdco LLC · Limited Partner
    indirect · owns 75% or more of Rcp Genpar LP
  • Rcp Genpar LP · Limited Partner
    indirect · owns 75% or more of Rcp Opp Fund II Gp, LP
  • Rcp Opp Fund II Gp, LP · Limited Partner
    indirect · owns 75% or more of Rcp Artemis Co-Invest Gp, LLC
  • The Berlinski Family 2006 Trust · Member
    indirect · owns 75% or more of Mrb Icbc LLC
Related persons
Schedule D 7.A
Advisers that list Woodbury Financial Services, Inc. as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Alhambra, Ca000
Bellevue, Wa000
Bismarck, Nd000
Carlsbad, Ca000
Charleston, Sc000
Charlotte, Nc000
Chesterfield, Mo000
Costa Mesa, Ca000
Dallas, Tx000
Denver, Co000
Farragut, Tn000
Fishers, In000
Germantown, Tn000
Greenville, Mi000
Hauppuage, Ny000
Irvine, Ca000
Issaquah, Wa000
Jacksons Gap, Al000
Juneau, Ak000
Knoxville, Tn000
Offices
Schedule D 1.F, the 25 largest
  • Brookfield, WI15 employees
  • Oakbrook Terrace, IL13 employees
  • Charlotte, NC12 employees
  • Minnetonka, MN12 employees
  • Warrenville, IL12 employees
  • Fond Du Lac, WI10 employees
  • Houston, TX9 employees
  • Costa Mesa, CA9 employees
  • Carmel, IN8 employees
  • Woodbury, MN8 employees
  • De Pere, WI8 employees
  • Greensboro, NC8 employees
  • Brighton, MI7 employees
  • East Peoria, IL7 employees
  • Greenwood Village, CO7 employees
  • Manhasset, NY7 employees
  • Manhasset, NY7 employees
  • Oakdale, MN7 employees
  • Johnson City, TN7 employees
  • San Diego, CA6 employees
  • Olney, MD6 employees
  • Diamond Bar, CA6 employees
  • Roseville, CA6 employees
  • Phoenix, AZ6 employees
  • Yorba Linda, CA6 employees
What changed
consecutive filings, newest first
  • Accounts · 91,382 to 101,950
    Mar 28, 2023 to Apr 3, 2023
  • Advisory employees · 1,291 to 1,373
    Mar 28, 2023 to Apr 3, 2023
  • BD registered reps · 1,650 to 1,844
    Mar 28, 2023 to Apr 3, 2023
  • Charity clients · 172 to 184
    Mar 28, 2023 to Apr 3, 2023
  • Corporate clients · 391 to 424
    Mar 28, 2023 to Apr 3, 2023
  • HNW clients · 11,407 to 7,424
    Mar 28, 2023 to Apr 3, 2023
  • Individual clients · 51,939 to 62,216
    Mar 28, 2023 to Apr 3, 2023
  • Pension plan clients · 116 to 121
    Mar 28, 2023 to Apr 3, 2023
  • Assets in custody · $182M to $141M
    Mar 28, 2023 to Apr 3, 2023
  • Employees · 3,216 to 3,002
    Mar 28, 2023 to Apr 3, 2023
  • Insurance-licensed employees · 5 to 48
    Mar 28, 2023 to Apr 3, 2023
  • State-registered IARs · 1,613 to 1,872
    Mar 28, 2023 to Apr 3, 2023
  • Other offices · 837 to 1,038
    Mar 28, 2023 to Apr 3, 2023
  • Discretionary RAUM · $18B to $16B
    Mar 28, 2023 to Apr 3, 2023
  • HNW RAUM · $9.4B to $7.2B
    Mar 28, 2023 to Apr 3, 2023
  • Individual RAUM · $11B to $11B
    Mar 28, 2023 to Apr 3, 2023
  • Non-discretionary RAUM · $3.7B to $3.0B
    Mar 28, 2023 to Apr 3, 2023
  • Pension RAUM · $102M to $88.9M
    Mar 28, 2023 to Apr 3, 2023
  • RAUM · $21B to $19B
    Mar 28, 2023 to Apr 3, 2023
  • Wrap assets (manager) · $15B to $14B
    Mar 28, 2023 to Apr 3, 2023
  • Accounts · 71,852 to 91,382
    Mar 7, 2022 to Mar 31, 2022
  • Advisory employees · 1,279 to 1,291
    Mar 7, 2022 to Mar 31, 2022
  • BD registered reps · 1,565 to 1,650
    Mar 7, 2022 to Mar 31, 2022
  • Charity clients · 155 to 172
    Mar 7, 2022 to Mar 31, 2022
  • Corporate clients · 295 to 391
    Mar 7, 2022 to Mar 31, 2022
  • HNW clients · 8,578 to 11,407
    Mar 7, 2022 to Mar 31, 2022
  • Individual clients · 42,601 to 51,939
    Mar 7, 2022 to Mar 31, 2022
  • Pension plan clients · 98 to 116
    Mar 7, 2022 to Mar 31, 2022
  • Assets in custody · $223M to $182M
    Mar 7, 2022 to Mar 31, 2022
  • Employees · 3,008 to 3,216
    Mar 7, 2022 to Mar 31, 2022
  • Insurance-licensed employees · 3 to 5
    Mar 7, 2022 to Mar 31, 2022
  • State-registered IARs · 1,311 to 1,613
    Mar 7, 2022 to Mar 31, 2022
  • Other offices · 833 to 837
    Mar 7, 2022 to Mar 31, 2022
  • Discretionary RAUM · $12B to $18B
    Mar 7, 2022 to Mar 31, 2022
  • HNW RAUM · $6.4B to $9.4B
    Mar 7, 2022 to Mar 31, 2022
  • Individual RAUM · $8.5B to $11B
    Mar 7, 2022 to Mar 31, 2022
  • Non-discretionary RAUM · $3.2B to $3.7B
    Mar 7, 2022 to Mar 31, 2022
  • Pension RAUM · $89.4M to $102M
    Mar 7, 2022 to Mar 31, 2022
  • RAUM · $16B to $21B
    Mar 7, 2022 to Mar 31, 2022
  • Wrap assets (manager) · $12B to $15B
    Mar 7, 2022 to Mar 31, 2022
Signals
60 dated events
  • David Gwin Brooke left Woodbury Financial Services, Inc. for Private Client Services, Llc (registered 2004-07-19)
    Jan 19, 2024 · Advisor changed firm · fact
  • Brooks David Vanderzee left Woodbury Financial Services, Inc. for United Planners' Financial Services Of America A Limited Partner (registered 2026-04-09)
    Jan 19, 2024 · Advisor changed firm · fact
  • Paul Charles Ragone left Woodbury Financial Services, Inc. for Private Client Services, Llc (registered 2004-08-25)
    Jan 19, 2024 · Advisor changed firm · fact
  • Benjamin Alexander Hadel left Woodbury Financial Services, Inc. for Lpl Financial Llc (registered 2023-01-25)
    Jan 19, 2024 · Advisor changed firm · fact
  • Steven Edward Markel left Woodbury Financial Services, Inc. for Private Client Services, Llc (registered 2003-08-05)
    Jan 19, 2024 · Advisor changed firm · fact
  • David Michael Pabin left Woodbury Financial Services, Inc. for Alera Investment Advisors, Llc (registered 2025-11-04)
    Jan 19, 2024 · Advisor changed firm · fact
  • Todd Thomas Rechenbach left Woodbury Financial Services, Inc. for Private Client Services, Llc (registered 2004-07-19)
    Jan 19, 2024 · Advisor changed firm · fact
  • Timothy Allen Alessi left Woodbury Financial Services, Inc. for Onedigital (registered 2026-01-06)
    Jan 19, 2024 · Advisor changed firm · fact
  • Edward Paul Hadel left Woodbury Financial Services, Inc. for Lpl Financial Llc (registered 2023-01-25)
    Jan 19, 2024 · Advisor changed firm · fact
  • Amanda Whitney left Woodbury Financial Services, Inc. for Guide My Finances (registered 2022-08-22)
    Jan 19, 2024 · Advisor changed firm · fact
  • Lily Fallah left Woodbury Financial Services, Inc. for Guide My Finances (registered 2023-07-11)
    Jan 19, 2024 · Advisor changed firm · fact
  • Sean Francis Boylan left Woodbury Financial Services, Inc. for Guide My Finances (registered 2023-01-12)
    Jan 19, 2024 · Advisor changed firm · fact
  • Adam Louis Schwartz left Woodbury Financial Services, Inc. for Gcd Advisors, Llc (registered 2023-12-08)
    Jan 19, 2024 · Advisor changed firm · fact
  • Judy Lynn Copenbarger left Woodbury Financial Services, Inc. for Money Truth Strategic Planning (registered 2019-07-08)
    Jan 19, 2024 · Advisor changed firm · fact
  • Richard White Chase no longer registered at Woodbury Financial Services, Inc.; no later IA registration on IAPD
    Jan 19, 2024 · Advisor departure · fact
  • Matthew George Shahady left Woodbury Financial Services, Inc. for Onedigital (registered 2026-01-16)
    Jan 19, 2024 · Advisor changed firm · fact
  • Glenn Copeland Williams left Woodbury Financial Services, Inc. for Private Client Services, Llc (registered 2003-06-20)
    Jan 19, 2024 · Advisor changed firm · fact
  • Mark William Hamelmann left Woodbury Financial Services, Inc. for Circle City Wealth Advisors Llc (registered 2016-07-11)
    Jan 19, 2024 · Advisor changed firm · fact
  • Kevin James Anderson no longer registered at Woodbury Financial Services, Inc.; no later IA registration on IAPD
    Jan 19, 2024 · Advisor departure · fact
  • Christopher Edward Elardo no longer registered at Woodbury Financial Services, Inc.; no later IA registration on IAPD
    Jan 19, 2024 · Advisor departure · fact
  • James Anthony Spina left Woodbury Financial Services, Inc. for Gamble Jones Investment Counsel (registered 2009-09-09)
    Jan 19, 2024 · Advisor changed firm · fact
  • Hal Matthew Gilbert no longer registered at Woodbury Financial Services, Inc.; no later IA registration on IAPD
    Jan 19, 2024 · Advisor departure · fact
  • Jaclyn Paige Mazur left Woodbury Financial Services, Inc. for Guide My Finances (registered 2017-10-03)
    Jan 19, 2024 · Advisor changed firm · fact
  • Diana M Leon left Woodbury Financial Services, Inc. for Lpl Financial Llc (registered 2022-06-02)
    Jan 19, 2024 · Advisor changed firm · fact
  • Andrew Paul Hadel left Woodbury Financial Services, Inc. for Lpl Financial Llc (registered 2023-01-25)
    Jan 19, 2024 · Advisor changed firm · fact
  • Jennifer Erdmann Logan left Woodbury Financial Services, Inc. for Guide My Finances (registered 2017-10-03)
    Jan 19, 2024 · Advisor changed firm · fact
  • Elizabeth Anne Salmon-Osbon no longer registered at Woodbury Financial Services, Inc.; no later IA registration on IAPD
    Jan 19, 2024 · Advisor departure · fact
  • 2 advisors left Woodbury Financial Services, Inc. (Oakdale, MN) for Guide MY Finances on the same day
    Jan 19, 2024 · Team lift-out · derived
  • 3 advisors left Woodbury Financial Services, Inc. (Knoxville, TN) for Private Client Services, LLC on the same day
    Jan 19, 2024 · Team lift-out · derived
  • 3 advisors left Woodbury Financial Services, Inc. (Carlsbad, CA) for Guide MY Finances on the same day
    Jan 19, 2024 · Team lift-out · derived
Across DFX
shared identifiers only, never a name match
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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026