{"url":"https://nivawealth.com/firms/intellicents-investment-solutions-107498","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/107498","regulatoryAum":9916675227,"crd":"107498","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1306576","suffix":null,"lastName":"ARENDS","firstName":"BRADLEY","middleName":"KENT"},{"crd":"2128767","suffix":null,"lastName":"ARENDS","firstName":"GRANT","middleName":"STEPHEN"},{"crd":"4433085","suffix":null,"lastName":"ARNDT","firstName":"DAVID","middleName":"KEITH"},{"crd":"5881848","suffix":null,"lastName":"ATNIP","firstName":"KEVIN","middleName":"DANIEL"},{"crd":"7482731","suffix":null,"lastName":"Aujla","firstName":"Jaspreet","middleName":null},{"crd":"5853221","suffix":null,"lastName":"AUSTIN","firstName":"NICHOLAS","middleName":"EDWARD"},{"crd":"4879744","suffix":null,"lastName":"BELTON","firstName":"JEFFREY","middleName":"MATTHEW"},{"crd":"8297389","suffix":null,"lastName":"Berger","firstName":"Thomas","middleName":"Joseph"},{"crd":"5891002","suffix":null,"lastName":"BUDD","firstName":"BRANDON","middleName":"THOMAS"},{"crd":"6426699","suffix":"III","lastName":"BURKHEAD","firstName":"KENNETH","middleName":"EUGENE"},{"crd":"4845842","suffix":null,"lastName":"BUSSELMAN","firstName":"DAVID","middleName":"JOHN"},{"crd":"7594286","suffix":null,"lastName":"Duggan","firstName":"Elizabeth","middleName":null},{"crd":"4489592","suffix":null,"lastName":"DUGGAN","firstName":"JONATHAN","middleName":"RICHARD"},{"crd":"1135600","suffix":null,"lastName":"DUGGAN","firstName":"PAUL","middleName":"SHAUGHNESSY"},{"crd":"7828666","suffix":null,"lastName":"Duggan","firstName":"Peter","middleName":"Christopher"},{"crd":"2185469","suffix":null,"lastName":"DULITZ","firstName":"KEVIN","middleName":"EARL"},{"crd":"8043586","suffix":null,"lastName":"Easters","firstName":"Benjamin","middleName":"Rives"},{"crd":"6531545","suffix":null,"lastName":"EICHMANN","firstName":"JOSEPH","middleName":"ROBERT"},{"crd":"8309565","suffix":null,"lastName":"Evans","firstName":"Kaden","middleName":null},{"crd":"5464577","suffix":null,"lastName":"FUGENSCHUH","firstName":"ELIZABETH","middleName":"A"},{"crd":"6186665","suffix":null,"lastName":"GOFORTH","firstName":"JARED","middleName":"DOUGLAS"},{"crd":"6368271","suffix":null,"lastName":"Hamm","firstName":"Daniel","middleName":"Allen"},{"crd":"7355431","suffix":null,"lastName":"Herrera Granados","firstName":"Misael","middleName":"Neftali"},{"crd":"7558018","suffix":null,"lastName":"Holland","firstName":"Megan","middleName":"Elizabeth"},{"crd":"5334025","suffix":null,"lastName":"Holmes","firstName":"Nicholas","middleName":"Ian"},{"crd":"1777207","suffix":null,"lastName":"IVERSON","firstName":"DAVID","middleName":"MARK"},{"crd":"6745617","suffix":null,"lastName":"Jantsch","firstName":"Alexander","middleName":"Throne"},{"crd":"5146636","suffix":null,"lastName":"KERMES","firstName":"LYNN","middleName":"ALLEN"},{"crd":"2554120","suffix":null,"lastName":"KOROL","firstName":"CRAIG","middleName":"STEPHEN"},{"crd":"6965127","suffix":null,"lastName":"Koumantaros","firstName":"Petros","middleName":"Panayotis"},{"crd":"6661490","suffix":null,"lastName":"KRUSIC","firstName":"THOMAS","middleName":"ARTHUR"},{"crd":"7404407","suffix":null,"lastName":"LETSCH","firstName":"ISAAC","middleName":"WILLIAM"},{"crd":"5901680","suffix":null,"lastName":"MADL","firstName":"NICHOLAS","middleName":"ROBERT"},{"crd":"6636216","suffix":null,"lastName":"Magnuson","firstName":"Molly","middleName":"Diane"},{"crd":"2953706","suffix":null,"lastName":"MAHONEY","firstName":"KEVIN","middleName":"EUGENE"},{"crd":"6099710","suffix":null,"lastName":"MASTEL","firstName":"ROBERT","middleName":"PAUL"},{"crd":"6403147","suffix":null,"lastName":"MATHESON","firstName":"SAMUEL","middleName":"JOEL"},{"crd":"8009219","suffix":null,"lastName":"McCleary-Geiger","firstName":"Connie","middleName":"Suzanne"},{"crd":"6719931","suffix":null,"lastName":"Nelson","firstName":"Kyle","middleName":"Joseph"},{"crd":"7962582","suffix":null,"lastName":"Olson","firstName":"Jacob","middleName":"Thomas"},{"crd":"7467412","suffix":null,"lastName":"Palmer","firstName":"Matthew","middleName":"David"},{"crd":"6329272","suffix":null,"lastName":"PAULSEN","firstName":"BRIAN","middleName":"THOMAS"},{"crd":"6910105","suffix":null,"lastName":"PERRIN","firstName":"JONATHAN","middleName":null},{"crd":"4909998","suffix":null,"lastName":"REIMER","firstName":"DEVIN","middleName":"LARRY"},{"crd":"1138937","suffix":null,"lastName":"REINHARDT","firstName":"CATHY","middleName":"ANN"},{"crd":"4718059","suffix":null,"lastName":"SARFF","firstName":"BRYAN","middleName":"ALLEN"},{"crd":"8211400","suffix":"Jr","lastName":"Schaeve","firstName":"James","middleName":"Mathew"},{"crd":"5762290","suffix":null,"lastName":"SCHULTZ","firstName":"TYLER","middleName":"EDWARD"},{"crd":"7476252","suffix":null,"lastName":"SCHUMAN","firstName":"ANGELINA","middleName":"HOPE"},{"crd":"5580331","suffix":null,"lastName":"SCOTT","firstName":"AMANDA","middleName":"DAWN"},{"crd":"6323181","suffix":null,"lastName":"SMITH","firstName":"AMANDA","middleName":"MARIE"},{"crd":"7434496","suffix":null,"lastName":"Stay","firstName":"Matthew","middleName":"Louis"},{"crd":"6946763","suffix":null,"lastName":"STOUT","firstName":"LINDSAY","middleName":"RENAE"},{"crd":"4559988","suffix":null,"lastName":"TEIGEN","firstName":"TOLEN","middleName":"CLEMENT"},{"crd":"1995644","suffix":null,"lastName":"TWEDT","firstName":"JOEL","middleName":"E"},{"crd":"5357620","suffix":null,"lastName":"TWEDT","firstName":"MATTHEW","middleName":"JOEL"},{"crd":"7659803","suffix":null,"lastName":"Vink","firstName":"Robin","middleName":"Kay"},{"crd":"7599865","suffix":null,"lastName":"WALTER","firstName":"MATTHEW","middleName":"REED"},{"crd":"1278255","suffix":null,"lastName":"WESTEMEYER","firstName":"BRIAN","middleName":"BERTRON"},{"crd":"5831939","suffix":null,"lastName":"Whittaker","firstName":"Christopher","middleName":"James"},{"crd":"6319852","suffix":null,"lastName":"WIGHTMAN","firstName":"SCOTT","middleName":"CHRISTOPHER"}],"total":61,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-07-30","regulatoryAum":5043938639,"clients":2502,"employees":41,"offices":9},{"filedOn":"2022-04-22","regulatoryAum":5446397585,"clients":2624,"employees":48,"offices":9},{"filedOn":"2023-03-21","regulatoryAum":5067782323,"clients":3031,"employees":61,"offices":10},{"filedOn":"2024-03-29","regulatoryAum":6009674946,"clients":4381,"employees":64,"offices":9},{"filedOn":"2025-05-08","regulatoryAum":7362137726,"clients":6093,"employees":67,"offices":11},{"filedOn":"2026-06-01","regulatoryAum":9916675227,"clients":8280,"employees":80,"offices":14}],"acquisitions":[{"date":"2021-07-30","datePrecision":"day","name":"Reinhardt Financial Services","crd":"107083","source":"adv_w","dealType":"acquisition","sellerAum":null,"sellerAumDate":null,"sourceUrl":"https://adviserinfo.sec.gov/firm/summary/107083"}],"secFileNumber":"801-51382","legalName":"Intellicents Investment Solutions Inc","displayName":"Intellicents Investment Solutions","slug":"intellicents-investment-solutions-107498","website":"https://intellicents.com/","classification":{"segment":"institutions","segmentLabel":"Institutional","type":"retirement_plan_adviser","typeLabel":"Retirement plans","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/intellicents","xUrl":"https://twitter.com/intellicentsinc","founded":null,"organization":"Minnesota corporation","fiscalYearEnd":"December","headquarters":{"street":"100 North Broadway","city":"Albert Lea","state":"MN","stateName":"Minnesota","country":"United States","postalCode":"56007"},"tradeNames":[],"registration":{"secApproved":"29 February 1996","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":298627.75810185185,"staff":{"employees":80,"advisory":48,"brokerDealerReps":14,"insuranceAgents":43,"promoters":3},"aum":{"regulatory":9916675227,"discretionary":6903315312,"discretionaryAccounts":4197,"nonDiscretionary":3013359915,"nonDiscretionaryAccounts":4083,"wrapProgram":300671245,"nonUsClientsPct":0,"nonAumClients":92},"clientTypes":[{"label":"Individuals (other than HNW)","clients":7018,"regulatoryAum":989435510},{"label":"High-net-worth individuals","clients":758,"regulatoryAum":1332693937},{"label":"Pension and profit-sharing plans","clients":504,"regulatoryAum":7594545780}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":2993334353},{"name":"Great-West Trust Company","shortName":"Great-West Trust","location":"Greenwood Village, CO","smaAssets":2578972096},{"name":"Alerus Securities Corporation","shortName":"Alerus Securities","location":"Grand Forks, ND","smaAssets":1111349592},{"name":"Matrix Trust Company","shortName":"Matrix Trust","location":"Denver, CO","smaAssets":995036207}],"custodyNote":"Intellicents Investment Solutions has custody of $31M in client assets for 64 clients.","otherCustodians":[],"leadership":[{"name":"Bradley Arends","title":"President & CEO","crd":"1306576"},{"name":"Brandon Budd","title":"President of Retirement Services - Direct Owner","crd":"5891002"},{"name":"Kevin Dulitz","title":"Vice President of Employee Benefits","crd":"2185469"},{"name":"Nicholas Madl","title":"Vice President of Personal Finance Management","crd":"5901680"},{"name":"Amanda Scott","title":"Vice President of Operations","crd":"5580331"},{"name":"Matthew Twedt","title":"President of Personal Financial Managment","crd":"5357620"},{"name":"Nicholas Holmes","title":"Chief Compliance Officer","crd":"5334025"},{"name":"Robert Reiter","title":"Board Member/Director","crd":"8181158"},{"name":"Thomas Singsank","title":"CFO","crd":"4594200"},{"name":"Grant Arends","title":"COO","crd":"2128767"}],"ownership":[{"label":"Bradley Arends","detail":"President & ceo in the 25% to 50% ownership band and a control person, since May 1995."},{"label":"Grant Arends","detail":"Coo in the 25% to 50% ownership band and a control person, since May 1995."},{"label":"Iistfs, LLC","detail":"Direct owner in the 10% to 25% ownership band, since January 2020."},{"label":"Nicholas Madl","detail":"Vice president of personal finance management in the 5% to 10% ownership band and a control person, since January 2022. Also a owner of Iismadl, LLC in the 75% or more band, since March 2023."},{"label":"Brandon Budd","detail":"President of retirement services - direct owner in the 5% to 10% ownership band and a control person, since January 2024."},{"label":"Iismadl, LLC","detail":"Direct owner in the 5% to 10% ownership band, since March 2023."},{"label":"Matthew Twedt","detail":"Indirect owner: a owner of Iistfs, LLC in the 75% or more band and a control person, since January 2020.","parent":"Iistfs, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":13,"privateResidences":0},"listedOfficeAddresses":14,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"3031 W March Lane","city":"Stockton"}]},{"state":"Colorado","offices":1,"addresses":[{"street":"1111 Washington Avenue","city":"Golden"}]},{"state":"Florida","offices":1,"addresses":[{"street":"341 N. Maitland Ave.","city":"Maitland"}]},{"state":"Iowa","offices":2,"addresses":[{"street":"725 Main Street","city":"Pella"},{"street":"402 Main Street W","city":"Lake Mills"}]},{"state":"Kansas","offices":4,"addresses":[{"street":"211 East 8th Street","city":"Lawrence"},{"street":"211 East 8th Street","city":"Lawrence"},{"street":"7101 College BLVD.","city":"Overland Park"},{"street":"10333 East 21st Street North","city":"Wichita"}]},{"state":"Minnesota","offices":2,"addresses":[{"street":"100 North Broadway","city":"Albert Lea","headquarters":true},{"street":"8200 Commonwealth Drive","city":"Eden Prairie"}]},{"state":"North Dakota","offices":1,"addresses":[{"street":"1133-D Harwood Drive S.","city":"Fargo"}]},{"state":"Texas","offices":2,"addresses":[{"street":"13341 W US Hwy 290","city":"Austin"},{"street":"330 Morrison Park Drive","city":"Southlake"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"507-377-2919","stateRegisteredReps":51,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Commissions"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Publication of periodicals or newsletters","Educational seminars/workshops"],"financialPlanningClients":"2000","assetMix":[{"label":"Exchange-traded equity securities","percent":20},{"label":"Non-exchange-traded equity securities","percent":3},{"label":"U.S. government/agency bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":74},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"1 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/107498/PDF/107498.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Intellicents Investment Solutions have?","answer":"Intellicents Investment Solutions has 8,280 clients and manages $9.92 billion for them, as of June 2026. They include 7,018 individual clients, 758 high-net-worth individuals, and 504 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 1 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Intellicents Investment Solutions offer?","answer":"Intellicents Investment Solutions provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, publishing newsletters, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Intellicents Investment Solutions use?","answer":"Intellicents Investment Solutions’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $2.99B, Great-West Trust Company (Greenwood Village, CO), with $2.58B, Alerus Securities Corporation (Grand Forks, ND), with $1.11B and Matrix Trust Company (Denver, CO), with $995M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 June 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Intellicents Investment Solutions have?","answer":"Intellicents Investment Solutions has 51 investment adviser representatives registered with state securities authorities, out of 80 employees, and 48 perform investment advisory functions. 14 employees are registered representatives of a broker-dealer and 43 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Intellicents Investment Solutions invest in?","answer":"At the end of its last fiscal year, Intellicents Investment Solutions’ separately managed accounts held 74% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 3% non-exchange-traded equities, 2% cash and equivalents and 1% U.S. government and agency bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Intellicents Investment Solutions?","answer":"Intellicents Investment Solutions is owned through a holding company by Matthew Twedt. Its direct owners are Bradley Arends, Grant Arends, Iistfs, LLC, Nicholas Madl, Brandon Budd and Iismadl, LLC, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 1 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Intellicents Investment Solutions get paid?","answer":"Intellicents Investment Solutions is paid through a percentage of assets under management, hourly charges, fixed fees and commissions. Its Form ADV lists no 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Intellicents Investment Solutions?","answer":"Intellicents Investment Solutions’ main office is at 100 North Broadway, Albert Lea, MN 56007. Its phone number is 507-377-2919. Its website is intellicents.com.","source":"Form ADV Part 1A, Item 1.F, filed 1 June 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}