Wheeler Retirement Plans provides portfolio management for institutions and pension consulting.
Wheeler Retirement Plans reports 78 clients. They include 56 pension and profit-sharing plans and 22 pooled investment vehicles. Of its assets, 100.0% ($618M across 78 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 28% | 28% |
| Pension and profit-sharing plans | 72% | 72% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 22 | $172M | 27.7% | $7.8M |
| Pension and profit-sharing plans | 56 | $447M | 72.3% | $7.98M |
| Total | 78 | $618M | 100% | $7.92M |
- Clients
- 22
- Regulatory AUM
- $172M
- AUM share
- 27.7%
- Avg. per client
- $7.8M
- Clients
- 56
- Regulatory AUM
- $447M
- AUM share
- 72.3%
- Avg. per client
- $7.98M
Total
- Clients
- 78
- Regulatory AUM
- $618M
- AUM share
- 100%
- Avg. per client
- $7.92M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Wheeler Retirement Plans is paid through a percentage of assets under management and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Ryan Coole owns 75% or more of Wheeler Retirement Plans. It has 2 employees.
Leadership
- Ryan CooleManaging Principal / CCO
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
- Ryan D Coole
- Andrew Heimbach Wheeler
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Wheeler Retirement Plans LLC
Ryan Coole
Control person · since September 2023
Wheeler Retirement Plans’ regulatory assets grew 2.0× from $313M (January 2024) to $618M (January 2026); clients rose from 65 to 78 and employees from 1 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| January 2026 | $618M | 78 | 2 | 1 |
| May 2025 | $520M | 56 | 1 | 1 |
| January 2024 | $313M | 65 | 1 | 1 |
Besides its headquarters, Wheeler Retirement Plans has 0 offices, with 1 listed address in Minnesota.
Minnesota · 1 listed address
- 324 West Superior Street, Suite 1000, DuluthHQ
Contact and registration details
- Legal name
- Wheeler Retirement Plans LLC
- Headquarters
- 324 West Superior Street, Suite 1000, Duluth, MN 55802
- Website
- wheelerrp.com
- Phone
- 218-336-8524
- SEC file
- 801-128751
- Structure
- Minnesota LLC
- Fiscal year end
- December
Wheeler Retirement Plans uses Stancorp Financial Group ($169M, 36%), Ascensus ($113M, 24%) and Fidelity ($105M, 22%), among others, as custodians for its separately managed accounts. Wheeler Retirement Plans does not have custody of client assets.
- Stancorp Financial GroupStancorp Financial Group, Inc. · Portland, OR · $169M36%
- AscensusAscensus, LLC · Dresher, PA · $113M24%
- T. Rowe Price Investment ServicesT. Rowe Price Investment Services, Inc. · Baltimore, MD · $89M19%
- FidelityFidelity Asset Management · Smithfield, RI · $105M22%
At year end, Wheeler Retirement Plans’ separately managed accounts were mostly in funds (100%).
What the accounts hold
- Funds100%
- Registered funds90%
- Pooled vehicles10%
How many clients does Wheeler Retirement Plans have?
Wheeler Retirement Plans has 78 clients and manages $618 million for them, as of January 2026. They include 56 pension and profit-sharing plans and 22 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 January 2026
What services does Wheeler Retirement Plans offer?
Wheeler Retirement Plans provides portfolio management for institutions and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Wheeler Retirement Plans use?
Wheeler Retirement Plans’ separately managed account assets are held at Stancorp Financial Group, Inc. (Portland, OR), with $169M, Ascensus, LLC (Dresher, PA), with $113M, Fidelity Asset Management (Smithfield, RI), with $105M and T. Rowe Price Investment Services, Inc. (Baltimore, MD), with $89M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 January 2026
How many financial advisors does Wheeler Retirement Plans have?
Wheeler Retirement Plans 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 Wheeler Retirement Plans invest in?
At the end of its last fiscal year, Wheeler Retirement Plans’ separately managed accounts held 90% registered funds (mutual funds, ETFs, BDCs) and 10% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Wheeler Retirement Plans?
Wheeler Retirement Plans’ direct owner is Ryan Coole (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 7 January 2026
How does Wheeler Retirement Plans get paid?
Wheeler Retirement Plans 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 Wheeler Retirement Plans?
Wheeler Retirement Plans’ main office is at 324 West Superior Street, Suite 1000, Duluth, MN 55802. Its phone number is 218-336-8524. Its website is wheelerrp.com.