USAdvisors Wealth Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions. Financial planning was provided to 1–10 clients last fiscal year.
USAdvisors Wealth Management reports 1,901 clients. They include 1,818 individual clients and 83 high-net-worth individuals. Of its assets, 100.0% ($483M across 2,145 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 96% | 70% |
| High-net-worth individuals | 4% | 30% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,818 | $337M | 69.7% | $185K |
| High-net-worth individuals | 83 | $147M | 30.3% | $1.77M |
| Total | 1,901 | $483M | 100% | $254K |
- Clients
- 1,818
- Regulatory AUM
- $337M
- AUM share
- 69.7%
- Avg. per client
- $185K
- Clients
- 83
- Regulatory AUM
- $147M
- AUM share
- 30.3%
- Avg. per client
- $1.77M
Total
- Clients
- 1,901
- Regulatory AUM
- $483M
- AUM share
- 100%
- Avg. per client
- $254K
- 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
- 1–10
USAdvisors Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Advisor directed portfolio management
- Billed at a maximum annual fee of 2.00% of assets under management, on a tiered or flat schedule, monthly in arrears.
- Financial planning
- Fixed fees from $500 to $15,000 or more, hourly fees from $200 to $600 or more per hour, or monthly fees from $100 to $1,000 or more.
Nathan D. Bergeland Revocable Living Trust owns 75% or more of USAdvisors Wealth Management. The leadership team of USAdvisors Wealth Management includes Chief Operating Officer Andrew Beilke. It has 15 employees, 12 of them in advisory roles.
Staff
- 15 employees
- 12 in advisory functions
- 12 state-registered reps
- 12 broker-dealer reps
- 12 insurance agents
- Owns 75% or more of Usadvisors Wealth Management, LLC
Nathan D. Bergeland Revocable Living Trust
Control person · since April 2005
W. Jillian Link
Trustee · Control person · since July 2010
USAdvisors Wealth Management’s regulatory assets grew from $382M (February 2021) to $483M (February 2026); clients rose from 1,544 to 1,901 and employees fell from 24 to 15.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $483M | 1,901 | 15 | 12 |
| Jul 2025July 2025 | $488M | 1,596 | 16 | 12 |
| Jun 2024June 2024 | $425M | 1,580 | 18 | 12 |
| Feb 2023February 2023 | $361M | 1,094 | 19 | 12 |
| Jun 2022June 2022 | $441M | 1,620 | 23 | 15 |
| Feb 2021February 2021 | $382M | 1,544 | 24 | 20 |
Besides its headquarters, USAdvisors Wealth Management has 11 offices (2 private residences, listed without an address), with 10 listed addresses across 5 states.
Minnesota · 4 listed addresses
- 15750 Venture Lane, Eden PrairieHQ
- 5774 Blackshire Path, Inver Grove Heights
- 2 Franklin Street, Glenwood
- 394 S Lake Ave, Duluth
Virginia · 3 listed addresses
- 4875 Eisenhower Ave, Alexandria
- 10461 White Granite Drive, Oakton
- 1630 King St, Alexandria
Iowa · 1 listed address
- 305 E. Main Street, Knoxville
Maryland · 1 listed address
- 9201 Corporate BLVD, Rockville
Missouri · 1 listed address
- 405 East Northtown Road, Kirksville
Other business names
USAdvisors Wealth Management has reported 2 other business names to the SEC.
- Advocate Wealth Management
- Morton Financial Solutions
Contact and registration details
- Legal name
- Usadvisors Wealth Management, LLC
- Headquarters
- 15750 Venture Lane, Eden Prairie, MN 55344
- Website
- usadvisorsnetwork.com
- Phone
- 952-829-0000
- SEC file
- 801-77961
- Structure
- Delaware LLC
- Fiscal year end
- December
USAdvisors Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($483M). USAdvisors Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $483M100%
At year end, USAdvisors Wealth Management’s separately managed accounts were mostly in funds (91%). Its reported 13F holdings for the quarter ended 30 June 2026 total $349K across 144 positions; the largest are Invesco Qqq Trust (7.0%), Schwab US Large Cap Growth ETF (5.3%) and Schwab US Large Cap Value ETF (5.2%).
What the accounts hold
- Stocks7%
- Funds91%
- Bonds2%
- U.S. government and agency bonds1%
- State and local bonds1%
- Cash2%
How many clients does USAdvisors Wealth Management have?
USAdvisors Wealth Management has 1,901 clients and manages $483 million for them, as of February 2026. They include 1,818 individual clients and 83 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 February 2026
What services does USAdvisors Wealth Management offer?
USAdvisors Wealth Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does USAdvisors Wealth Management use?
USAdvisors Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $483M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 February 2026
How many financial advisors does USAdvisors Wealth Management have?
USAdvisors Wealth Management has 12 investment adviser representatives registered with state securities authorities, out of 15 employees, and 12 perform investment advisory functions. 12 employees are registered representatives of a broker-dealer and 12 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 USAdvisors Wealth Management invest in?
At the end of its last fiscal year, USAdvisors Wealth Management’s separately managed accounts held 91% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 2% cash and equivalents, 1% U.S. government and agency bonds and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns USAdvisors Wealth Management?
USAdvisors Wealth Management’s direct owner is Nathan D. Bergeland Revocable Living Trust (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 19 February 2026
How does USAdvisors Wealth Management get paid?
USAdvisors 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 USAdvisors Wealth Management?
USAdvisors Wealth Management’s main office is at 15750 Venture Lane, Eden Prairie, MN 55344. Its phone number is 952-829-0000. Its website is usadvisorsnetwork.com.