SILVEROAK WEALTH MANAGEMENT LLC

RIASEC RegisteredEst. 2001
Total AUM
$2B
Discretionary
$1.9B
94% of AUM
Avg account
$1M
Accounts
1,992
Employees
23
Advisory reps
7

Firm details

Headquarters
EDINA, Minnesota
CRD number
110532
Registered since
April 27, 2001
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI96.55%
  • Individuals3.25%
  • Corporations / Businesses0.21%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Silveroak Wealth Management LLC is an independent, SEC-registered RIA that has operated since 2001 and is owned by an individual principal. The firm serves both individual and family clients as well as institutional investors, offering financial planning, portfolio management for individuals and small businesses, pension consulting, and manager selection. Its client-fee mix includes asset-based fees, hourly charges, and fixed-fee engagements. Silveroak identifies as a capital allocator and does not emphasize ESG in its stated investment approach. The firm was recognized in 2020 by the Financial Times (Top 300 RIA Firms) and by FA Magazine (Top RIA Firms).

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 50%, Exchange Traded Equities 36%, Cash & Cash Equivalents 10%, State & Local Bonds 3%, US Government Bonds 1%50%
  • Public Funds/Mutual Funds50%
  • Exchange Traded Equities36%
  • Cash & Cash Equivalents10%
  • State & Local Bonds3%
  • US Government Bonds1%

Contacts

3 of 7
  • Daniel Hedegard

    Financial Planning SpecialistCRD 8112596

  • SHANNON KING

    PresidentCRD 2599999

  • Alexander Dunne

    Support AdvisorCRD 6927779

Unlock 4 more contacts

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 78

Active vs passive

$677M in ETFs

Passive

92%

$626M

Active

4%

$51.5M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD 500 INDEX FUND (VOO)VanguardPassiveLarge Blend$94.2M157,64413.91%

Location

Primary office

EDINA, MN

HENNEPIN

Location

EDINA, MN

Headquartered in EDINA, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.

Metro area
Minneapolis-St. Paul, MN-WI
Region
Midwest
County
HENNEPIN
Address
3600 Minnesota Dr
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth