Silveroak Wealth Management LLC

RIASEC RegisteredEst. 2001

Total AUM

$2B

Discretionary

$1.9B

94% of AUM

Avg account

$1M

Accounts

1,992

Employees

Advisory reps

Firm details

Headquarters: Edina, Minnesota
CRD number: 110532
Registered since: April 27, 2001
Website: www.silveroakwealth.com
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 & family and institutional clients and markets itself as a capital allocator, outsourcing portions of alternative exposure to third-party fund managers rather than running a large in‑house alternatives platform. Advisory services reported on the firm’s filings include financial planning, portfolio management for individuals and small businesses, pension consulting, and selection of other advisers. Business activities list an accountant function, and fee arrangements include percentage-of-AUM, hourly, and fixed-fee engagements. Silveroak is not identified as an active ESG investor and is not listed as a multi-state adviser. The firm was recognized in 2020 by Financial Times (Top 300 RIA Firms) and by FA Magazine (Top RIA Firms).