Top 8 financial advisor firms in North Dakota

8 SEC-registered financial advisor firms are headquartered in North Dakota, with $2.39B in combined regulatory assets under management. The largest by assets are Brady Martz Wealth Solutions ($795M), Prairiewood Capital ($365M) and Johnson Wealth Management ($323M).

8
Financial advisor firms: $2.39B
Their combined AUM: $209M
Median firm AUM: 2,849
Clients of the top 8

The 8 largest by assets

1
Brady Martz Wealth Solutions
RIA
$795M
Regulatory AUM
2
Prairiewood Capital
RIA
$365M
0.50% to 1.50%
3
Johnson Wealth Management
RIA
$323M
0.30% to 1.00% a year
4
Wealth Forward
RIA
$228M
Regulatory AUM
5
Classic Asset Management
RIA
$189M
0.50% to 2.00% a year
6
Fjell Capital
RIA
$187M
0.40% to 1.25% a year
7
Light Financial Services
RIA
$176M
Regulatory AUM
8
Capital City Wealth Management
RIA
$130M
0.55% to 1.50% a year

Profiles of the top 8

No. 1 · RIA

Brady Martz Wealth Solutions

Brady Martz Wealth Solutions is an investment adviser based in Grand Forks, ND, registered with the SEC since 2024. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $795 million, as filed on 16 June 2026.

Regulatory AUM: $795M
Clients: 448
Advisory staff: 8
Founded: 2024
Custodians: Charles Schwab, Fidelity
Headquarters: 401 Demers Ave, Ste 300, Grand Forks, ND 58201
Phone: 701-223-1717
Website: bradymartz.com

No. 2 · RIA

Prairiewood Capital

Prairiewood Capital is an investment adviser based in Fargo, ND, registered with the SEC since 2020. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $365 million, as filed on 30 June 2026.

Prairiewood Capital charges 0.50%–1.50% for its Investment management services. The brochure does not state whether the rate is annual.

Regulatory AUM: $365M
Clients: 244
Advisory staff: 4
Founded: 2009
Fee schedule: 0.50% to 1.50%
Custodians: Charles Schwab
Headquarters: 3175 Sienna DR S, Ste 100, Fargo, ND 58104
Phone: 701-234-0521
Website: pw-wm.com

No. 3 · RIA

Johnson Wealth Management

Johnson Wealth Management is an investment adviser based in Grand Forks, ND, registered with the SEC since 2017. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $323 million, as filed on 29 July 2026.

Johnson Wealth Management charges 0.30%–1.00% a year for its Investment advisory fees.

Regulatory AUM: $323M
Clients: 169
Advisory staff: 2
Founded: 2002
Fee schedule: 0.30% to 1.00% a year
Custodians: Charles Schwab
Headquarters: 214 North 4th Street, Ste 123, Grand Forks, ND 58203
Phone: 701-746-8310
Website: johnsonwealthmanagement.com

No. 4 · RIA

Wealth Forward

Wealth Forward is an investment adviser based in Fargo, ND, registered with the SEC since 2013. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $228 million, as filed on 1 July 2026.

Regulatory AUM: $228M
Clients: 367
Advisory staff: 2
Custodians: Pershing
Headquarters: 2632 47th St S., Suite 107, Fargo, ND 58104
Phone: 701-293-5789

No. 5 · RIA

Classic Asset Management

Classic Asset Management is an investment adviser based in Fargo, ND, registered with the SEC since 2006. It provides financial planning and investment management. Its clients include individual clients, high-net-worth individuals and charitable organizations. Its regulatory assets under management total $189 million, as filed on 5 May 2026.

Classic Asset Management charges 0.50%–2.00% a year for its Portfolio Management Services.

Regulatory AUM: $189M
Clients: 659
Advisory staff: 4
Fee schedule: 0.50% to 2.00% a year
Custodians: Charles Schwab, Axos Advisor Services
Headquarters: 1220 28th Avenue North, Fargo, ND 58102
Phone: 701-234-0103
Website: finstrat.com

No. 6 · RIA

Fjell Capital

Fjell Capital is an investment adviser based in Fargo, ND, registered with the SEC since 2023. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $187 million, as filed on 24 August 2026.

Fjell Capital charges 0.40%–1.25% a year for its Bergen Advisory Services.

Regulatory AUM: $187M
Clients: 205
Advisory staff: 3
Fee schedule: 0.40% to 1.25% a year
Custodians: Charles Schwab
Headquarters: 27 10th Street North, Fargo, ND 58102
Phone: 701-491-7600
Website: fjellcapital.com

No. 7 · RIA

Light Financial Services

Light Financial Services is an investment adviser based in Fargo, ND, registered with the SEC since 2022. It provides financial planning and investment management. Its clients include individual clients, high-net-worth individuals, and corporations and other businesses. Its regulatory assets under management total $176 million, as filed on 25 March 2026.

Regulatory AUM: $176M
Clients: 622
Advisory staff: 2
Custodians: Charles Schwab, Matrix Executions
Headquarters: 3575 45th St S, Suite 112, Fargo, ND 58104
Phone: 701-356-5106
Website: lightfinancialservices.com

No. 8 · RIA

Capital City Wealth Management

Capital City Wealth Management is an investment adviser based in Bismarck, ND, registered with the SEC since 2025. It provides financial planning and investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $130 million, as filed on 18 February 2026.

Capital City Wealth Management charges 0.55%–1.50% a year for its Wrap Fee Program.

Regulatory AUM: $130M
Clients: 135
Advisory staff: 3
Fee schedule: 0.55% to 1.50% a year
Custodians: Fidelity
Headquarters: 1000 Tacoma Avenue, Suite 200, Bismarck, ND 58504
Phone: 701-250-7220

Questions about financial advisors in North Dakota

How many financial advisor firms are headquartered in North Dakota?

8 SEC-registered financial advisor firms report their principal office in North Dakota, managing $2.39B in regulatory assets between them. The other 1 adviser headquartered in the state are broker-dealers, other kinds of wealth firm, or fund and institutional managers.

Source: Form ADV Part 1A, Items 1.F, 5.D and 5.F

What is the largest financial advisor firm in North Dakota?

Brady Martz Wealth Solutions, with $795M in regulatory assets under management on its latest Form ADV. The next largest are Prairiewood Capital ($365M) and Johnson Wealth Management ($323M).

Source: Form ADV Part 1A, Item 5.F

How large is a typical financial advisor firm in North Dakota?

The median firm manages $209M in regulatory assets. That is the midpoint of the 8 firms headquartered in North Dakota.

Source: Form ADV Part 1A, Item 5.F

How much do financial advisors in North Dakota charge?

Of the 8 largest firms, 5 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 1.00% to 2.00% of assets, depending on the firm; each firm's fee is in its profile above.

Source: Form ADV Part 2A brochures, Item 5

How can I check a financial advisor's record in North Dakota?

Search the firm or the person on the SEC's Investment Adviser Public Disclosure site, adviserinfo.sec.gov, which shows registrations, Form ADV filings and any disclosures. Each firm profile in this directory links its SEC record.

Source: SEC Investment Adviser Public Disclosure

How is this list ordered?

By regulatory assets under management as filed on Form ADV, largest first. A firm is included when its principal office is in the state and most of its client assets belong to individuals and its type is RIA, which leaves out broker-dealers, wirehouses, RIA networks, digital advice, bank, insurance and family-office firms. A firm with only a branch office here is listed in its own headquarters state.

Source: Niva directory methodology

North Dakota has 8 financial advisor firms; see every adviser in the state →

Top financial advisor firms by city in North Dakota

Fargo5