Wealth Forward provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 101–250 clients last fiscal year.
Wealth Forward reports 367 clients. They include 304 individual clients, 51 high-net-worth individuals, and 12 pension and profit-sharing plans. Of its assets, 93.3% ($213M across 984 accounts) are managed with discretion; $15.3M across 68 accounts are not. It advised 12 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 83% | 40% |
| High-net-worth individuals | 14% | 55% |
| Pension and profit-sharing plans | 3% | 4% |
| Charitable organizations | 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) | 304 | $92.1M | 40.4% | $303K |
| High-net-worth individuals | 51 | $126M | 55.4% | $2.48M |
| Pension and profit-sharing plans | 12 | $9.35M | 4.1% | $779K |
| Charitable organizations | Fewer than 5 | $364K | 0.2% | — |
| Total | 367 | $228M | 100% | — |
- Clients
- 304
- Regulatory AUM
- $92.1M
- AUM share
- 40.4%
- Avg. per client
- $303K
- Clients
- 51
- Regulatory AUM
- $126M
- AUM share
- 55.4%
- Avg. per client
- $2.48M
- Clients
- 12
- Regulatory AUM
- $9.35M
- AUM share
- 4.1%
- Avg. per client
- $779K
- Clients
- Fewer than 5
- Regulatory AUM
- $364K
- AUM share
- 0.2%
- Avg. per client
- —
Total
- Clients
- 367
- Regulatory AUM
- $228M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 12
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Wealth Forward 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
- Financial Planning
- Financial planning is a fixed fee per project or billed hourly at $300, with a $2,000 annual minimum for hourly services; fees are negotiable.
- Retirement Plan Consulting
- Retirement plan consulting is billed as a percentage of plan assets or a fixed annual fee, generally 0.25% to 1.00% a year.
Ryan Berg owns 75% or more of Wealth Forward. The leadership team of Wealth Forward includes Chief Compliance Officer Stephanie Ternes. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 75% or more of Wealth Forward, LLC
Ryan Berg
Control person · since December 2016
Wealth Forward’s regulatory assets grew 1.6× from $143M (January 2021) to $228M (July 2026); clients were 367 in both filings and employees fell from 3 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $228M | 367 | 2 | 1 |
| Feb 2025February 2025 | $197M | 369 | 2 | 1 |
| Feb 2024February 2024 | $170M | 359 | 3 | 1 |
| Feb 2023February 2023 | $140M | 342 | 3 | 1 |
| May 2022May 2022 | $170M | 357 | 3 | 1 |
| Jan 2021January 2021 | $143M | 357 | 3 | 1 |
Besides its headquarters, Wealth Forward has 0 offices, with 1 listed address in 1 state.
North Dakota · 1 listed address
- 2632 47th St S., Suite 107, FargoHQ
Contact and registration details
- Legal name
- Wealth Forward, LLC
- Headquarters
- 2632 47th St S., Suite 107, Fargo, ND 58104
- Website
- Not reported
- Phone
- 701-293-5789
- SEC file
- 801-77905
- Structure
- North Dakota LLC
- Fiscal year end
- December
Wealth Forward’s named custodian for separately managed accounts is Pershing ($226M). Wealth Forward has custody of $7.56M for 11 clients.
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $226M100%
At year end, Wealth Forward’s separately managed accounts were mostly in funds (87%). Its reported 13F holdings for the quarter ended 30 June 2026 total $201M across 49 positions; the largest are Schwab Strategic TR (11.4%), iShares TR (10.9%) and Invesco Exchange Traded FD T (10.5%).
What the accounts hold
- Stocks7%
- Funds87%
- Bonds3%
- Cash3%
How many clients does Wealth Forward have?
Wealth Forward has 367 clients and manages $228 million for them, as of July 2026. They include 304 individual clients, 51 high-net-worth individuals, and 12 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 July 2026
What services does Wealth Forward offer?
Wealth Forward provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Wealth Forward use?
Wealth Forward’s separately managed account assets are held at Pershing Advisor Solutions LLC (Jersey City, NJ), with $226M. 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 July 2026
How many financial advisors does Wealth Forward have?
Wealth Forward has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Wealth Forward invest in?
At the end of its last fiscal year, Wealth Forward’s separately managed accounts held 87% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 3% U.S. government and agency bonds and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Wealth Forward?
Wealth Forward’s direct owner is Ryan Berg (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 1 July 2026
How does Wealth Forward get paid?
Wealth Forward 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 Wealth Forward?
Wealth Forward’s main office is at 2632 47th St S., Suite 107, Fargo, ND 58104. Its phone number is 701-293-5789.