Johnson Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Johnson Wealth Management reports 169 clients. They include 99 high-net-worth individuals and 70 individual clients. Of its assets, 100.0% ($323M across 596 accounts) are managed with discretion. It advised 7 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 41% | 8% |
| High-net-worth individuals | 59% | 84% |
| Pension and profit-sharing plans | Fewer than 5 | 3% |
| Charitable organizations | Fewer than 5 | 5% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 70 | $25.3M | 7.8% | $362K |
| High-net-worth individuals | 99 | $273M | 84.3% | $2.76M |
| Pension and profit-sharing plans | Fewer than 5 | $10.2M | 3.2% | — |
| Charitable organizations | Fewer than 5 | $15.1M | 4.7% | — |
| Corporations and other businesses | Fewer than 5 | $2.04K | 0.0% | — |
| Total | 169 | $323M | 100% | — |
- Clients
- 70
- Regulatory AUM
- $25.3M
- AUM share
- 7.8%
- Avg. per client
- $362K
- Clients
- 99
- Regulatory AUM
- $273M
- AUM share
- 84.3%
- Avg. per client
- $2.76M
- Clients
- Fewer than 5
- Regulatory AUM
- $10.2M
- AUM share
- 3.2%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $15.1M
- AUM share
- 4.7%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $2.04K
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 169
- Regulatory AUM
- $323M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 7
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Johnson Wealth Management charges 0.30%–1.00% a year for its Investment advisory fees. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$2M | 0.75% |
| $2M–$5M | 0.45% |
| $5M and above | 0.30% |
Fee details and sources
Other fees
- Financial planning
- Financial plans are billed hourly for the time to complete and present the plan; the current hourly rate is $225.
Derrick Johnson owns 75% or more of Johnson Wealth Management. The leadership team of Johnson Wealth Management includes Chief Compliance Officer Derrick Johnson. It has 2 employees.
Leadership
- Derrick JohnsonChief Compliance Officer
- Derrick JohnsonMember
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Derrick Peter Johnson
- James Peter Mortenson
- Cole Wigestrand
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Johnson Wealth Management, LLC
Derrick Johnson
Control person · since August 2002
Johnson Wealth Management’s regulatory assets grew 2.0× from $166M (June 2021) to $323M (July 2026); clients rose from 116 to 169 and employees from 1 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $323M | 169 | 2 | 1 |
| February 2025 | $257M | 152 | 2 | 1 |
| March 2024 | $197M | 149 | 2 | 1 |
| February 2023 | $169M | 142 | 1 | 1 |
| March 2022 | $187M | 129 | 1 | 1 |
| June 2021 | $166M | 116 | 1 | 1 |
Besides its headquarters, Johnson Wealth Management has 0 offices, with 1 listed address in North Dakota.
North Dakota · 1 listed address
- 214 North 4th Street, Ste 123, Grand ForksHQ
Contact and registration details
- Legal name
- Johnson Wealth Management, LLC
- Headquarters
- 214 North 4th Street, Ste 123, Grand Forks, ND 58203
- Website
- johnsonwealthmanagement.com
- Phone
- 701-746-8310
- SEC file
- 801-110295
- Founded
- 2002
- Structure
- North Dakota LLC
- Fiscal year end
- December
Johnson Wealth Management uses Charles Schwab ($300M) as custodian for its separately managed accounts. Johnson Wealth Management has custody of $233M in client assets for 350 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Omaha, NE · $300M100%
At year end, Johnson Wealth Management’s separately managed accounts were mostly in stocks (68%) and funds (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $236M across 58 positions; the largest are Dimensional ETF Trust (21.8%), Dimensional ETF Trust (21.0%) and Dimensional ETF Trust (6.4%).
What the accounts hold
- Stocks68%
- Funds24%
- Registered funds21%
- Pooled vehicles3%
- Bonds6%
- State and local bonds5%
- U.S. government and agency bonds1%
- Cash2%
Reported 13F holdings
- $236M
- Reported 13F value
- 58
- Positions
- 80.0%
- In the 10 largest
- +14.0%
- Value vs. prior quarter
- Dimensional ETF Trust · US Cor Equ 2 ETF21.8%
- Dimensional ETF Trust · World EX US Core21.0%
- Dimensional ETF Trust · Core Fixe IN ETF6.4%
- Dimensional ETF Trust · Shor Dur Fix ETF6.0%
- Dimensional ETF Trust · Ultr Fix Inc. ETF5.6%
- Dimensional ETF Trust · Intl Cor Fix ETF5.5%
- Dimensional ETF Trust · US Core EQT Mkt5.4%
- Dimensional ETF Trust · US Larg Valu ETF3.0%
- Dimensional ETF Trust · Intl Core EQT MK2.8%
- Dimensional ETF Trust · Natl Mun BD ETF2.4%
Together, the ten largest are 80.0% of reported value.
How many clients does Johnson Wealth Management have?
Johnson Wealth Management has 169 clients and manages $323 million for them, as of July 2026. They include 99 high-net-worth individuals and 70 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 July 2026
What services does Johnson Wealth Management offer?
Johnson Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Johnson Wealth Management charge?
Johnson Wealth Management charges 0.30%–1.00% a year for its Investment advisory fees. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Johnson Wealth Management use?
Johnson Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Omaha, NE), with $300M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 July 2026
How many financial advisors does Johnson Wealth Management have?
Johnson Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Johnson Wealth Management invest in?
At the end of its last fiscal year, Johnson Wealth Management’s separately managed accounts held 68% exchange-traded equities, 21% registered funds (mutual funds, ETFs, BDCs), 5% state and local bonds, 3% pooled vehicles (private funds and similar), 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
Who owns Johnson Wealth Management?
Johnson Wealth Management’s direct owner is Derrick Johnson (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 29 July 2026
How does Johnson Wealth Management get paid?
Johnson Wealth Management is paid through a percentage of assets under management, hourly charges 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 Johnson Wealth Management?
Johnson Wealth Management’s main office is at 214 North 4th Street, Ste 123, Grand Forks, ND 58203. Its phone number is 701-746-8310. Its website is johnsonwealthmanagement.com.