Dedeker Financial provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Dedeker Financial reports 186 clients. They include 170 individual clients, 14 high-net-worth individuals, and 2 corporations and other businesses. Of its assets, 99.7% ($165M across 375 accounts) are managed with discretion; $500K across 40 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 91% | 39% |
| High-net-worth individuals | 8% | 60% |
| Corporations and other businesses | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 170 | $65.3M | 39.5% | $384K |
| High-net-worth individuals | 14 | $100M | 60.4% | $7.14M |
| Corporations and other businesses | Fewer than 5 | $200K | 0.1% | $100K |
| Total | 186 | $166M | 100% | — |
- Clients
- 170
- Regulatory AUM
- $65.3M
- AUM share
- 39.5%
- Avg. per client
- $384K
- Clients
- 14
- Regulatory AUM
- $100M
- AUM share
- 60.4%
- Avg. per client
- $7.14M
- Clients
- Fewer than 5
- Regulatory AUM
- $200K
- AUM share
- 0.1%
- Avg. per client
- $100K
Total
- Clients
- 186
- Regulatory AUM
- $166M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Dedeker Financial charges up to 1.75% a year for its Portfolio Management Fees. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Fixed fee for creating client financial plans, between $500 and $100,000.
Kenneth Dedeker owns 50% to 75% of Dedeker Financial. The leadership team of Dedeker Financial includes Chief Compliance Officer Todd Kelzenberg. It has 3 employees.
Leadership
Todd KelzenbergManaging Partner, COO and Chief Compliance Officer- Kenneth DedekerManaging Partner
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- 3 insurance agents
- Owns 50% to 75% of Dedeker Financial, LLC
Kenneth Dedeker
Control person · since December 2022
- Owns 25% to 50% of Dedeker Financial, LLC
Todd Kelzenberg
Control person · since December 2022
Dedeker Financial’s regulatory assets grew 1.6× from $105M (August 2023) to $166M (July 2026); clients rose from 163 to 186 and employees from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $166M | 186 | 3 | 1 |
| March 2025 | $137M | 326 | 2 | 1 |
| June 2024 | $107M | 300 | 2 | 1 |
| August 2023 | $105M | 163 | 2 | 1 |
Besides its headquarters, Dedeker Financial has 0 offices, with 1 listed address in Minnesota.
Minnesota · 1 listed address
- 600 Hwy 169 S, Suite 720, St. Louis ParkHQ
Contact and registration details
- Legal name
- Dedeker Financial, LLC
- Headquarters
- 600 Hwy 169 S, Suite 720, St. Louis Park, MN 55426
- Website
- captarprivatewealth.com
- Phone
- 612-347-8668
- SEC file
- 801-127915
- Structure
- Minnesota LLC
- Fiscal year end
- December
Dedeker Financial uses Fidelity ($165M) as custodian for its separately managed accounts. Dedeker Financial does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $165M100%
At year end, Dedeker Financial’s separately managed accounts were mostly in funds (73%) and stocks (15%). Its reported 13F holdings for the quarter ended 30 June 2026 total $176M across 55 positions; the largest are Proshares TR (19.6%), Micron Technology Inc. (7.5%) and Proshares TR (6.3%).
What the accounts hold
- Stocks15%
- Funds73%
- Bonds4%
- U.S. government and agency bonds3%
- Investment grade corporate bonds1%
- Cash8%
Reported 13F holdings
- $176M
- Reported 13F value
- 55
- Positions
- 63.3%
- In the 10 largest
- +53.3%
- Value vs. prior quarter
- Proshares TR · Pshs Ultra Qqq19.6%
- Micron Technology Inc.7.5%
- Proshares TR · Pshs Ult S&P 5006.3%
- Invesco Qqq TR · Unit Ser 15.6%
- Seagate Technology Hldngs PL5.3%
- Proshares TR · Pshs Ult Semicdt5.1%
- Fidelity Covington Trust · Blue Chip Grwth3.8%
- Fidelity Covington Trust · Fun Lar Cor ETF3.7%
- Direxion Shares ETF Trust · Dly MU Bull 2x3.3%
- Astera Labs Inc.3.1%
Together, the ten largest are 63.3% of reported value.
How many clients does Dedeker Financial have?
Dedeker Financial has 186 clients and manages $166 million for them, as of July 2026. They include 170 individual clients, 14 high-net-worth individuals, and 2 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 21 July 2026
What services does Dedeker Financial offer?
Dedeker Financial provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Dedeker Financial charge?
Dedeker Financial charges up to 1.75% a year for its Portfolio Management Fees. The fee is billed in advance and is negotiable.
Source: FORM ADV PART 2A- CAPTAR PRIVATE WEALTH, filed 9 April 2026
Which custodians does Dedeker Financial use?
Dedeker Financial’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $165M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 21 July 2026
How many financial advisors does Dedeker Financial have?
Dedeker Financial has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Dedeker Financial invest in?
At the end of its last fiscal year, Dedeker Financial’s separately managed accounts held 73% registered funds (mutual funds, ETFs, BDCs), 15% exchange-traded equities, 8% cash and equivalents, 3% U.S. government and agency bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Dedeker Financial?
Dedeker Financial’s direct owners are Todd Kelzenberg (25% to 50%) and Kenneth Dedeker (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 21 July 2026
How does Dedeker Financial get paid?
Dedeker Financial is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Dedeker Financial?
Dedeker Financial’s main office is at 600 Hwy 169 S, Suite 720, St. Louis Park, MN 55426. Its phone number is 612-347-8668. Its website is captarprivatewealth.com.