# Advisornet Wealth Partners

> Advisornet Wealth Partners is an SEC-registered investment advisory firm in Minnetonka, MN, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 113074
- Filed as: ADVISORNET WEALTH PARTNERS
- Legal name: Advisornet Financial, Inc.
- Also doing business as: ADVANCED RETIREMENT RESOURCES, ADVANCED WEALTH MANAGEMENT GROUP, ADVANTAGE FINANCIAL PLANNING, AJW FINANCIAL, ALIGNED WEALTH PLANNING GROUP, ALPHA WEALTH ADVISORS, APEX WEALTH SERVICES, BOX FINANCIAL, BRUMBAUGH WEALTH MANAGEMENT, CALCULATED WEALTH PARTNERS, CLEARPATH WEALTH ADVISORS, DRACH FINANCIAL, EMPIRE ASSET MANAGEMENT GROUP, EPOCH FINANCIAL GROUP, EXECUTIVE FINANCIAL SERVICES INC, FINANCIAL CONSULTANTS OF RAPID CITY, FINANCIAL PLANNING PARTNERS, HEMME WEALTH MANAGEMENT, JOSH WEBSKOWSKI, KESHEMBERG ADVISORY, LEWIS FINANCIAL ADVISORS, LLC, MATTSON WEALTH MANAGEMENT, MCCABE & ASSOCIATES, PEAK ADVISORY GROUP, PEAK PORTFOLIO MANAGEMENT, PLANVISER FINANCIAL, RICE CREEK WEALTH MANAGEMENT, ROBERT J. MCHATTIE, STILL WATERS PLANNING, STONEBRIDGE WEALTH PARTNERS, WALTER R. BOMGREN, WEINBACH INVESTMENT MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Minnetonka, MN
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/113074
- AdvisorCensus page: https://advisorcensus.com/firm/advisornet-wealth-partners-minnetonka-mn-113074

## Quick answers

**How is Advisornet Wealth Partners compensated?**
On its Form ADV (Item 5.E, October 2026), Advisornet Wealth Partners reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.

**Where is Advisornet Wealth Partners located?**
Advisornet Wealth Partners' principal office is in Minnetonka, MN, according to its Form ADV; the April 2026 filing also lists 19 other offices (Schedule D, Section 1.F).

**Is Advisornet Wealth Partners registered with the SEC or a state?**
Advisornet Wealth Partners is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 113074.

**How much does Advisornet Wealth Partners manage?**
Advisornet Wealth Partners reports $3,149,498,789 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have Advisornet Wealth Partners' assets and staff changed since 2021?**
In the Form ADV data for Advisornet Wealth Partners: Regulatory assets under management: $3,574,063,258 in the October 2021 data and $3,149,498,789 in the October 2026 data, down 12%. Total employees: 142 in October 2021 and 131 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Advisornet Wealth Partners serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,576); high net worth individuals (923); corporations or other businesses not listed above (9).

**Which custodians does Advisornet Wealth Partners use?**
Advisornet Wealth Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Distributors Company LLC as custodians holding 10% or more of its separately managed account assets.

**Does Advisornet Wealth Partners report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/113074

**What changed in Advisornet Wealth Partners' recent Form ADV filings?**
In the April 2026 filing data: No longer lists the business name Sterling Retirement Resources, Inc. No longer lists the business name Advisornet Financial Partners. No longer lists the business name Advisornet Wealth Management. No longer lists the business name Michael D. Petersen. No longer lists the business name FSA Advisors, LLP. No longer lists the business name Peak Advisory. Added the business name Advantage Financial Planning. Added the business name Apex Wealth Services. Added the business name Peak Advisory Group. Employees performing advisory functions went from 74 to 68. Regulatory assets under management went from $2,339,617,295 to $3,149,498,789 (+35%). Changed its office addresses in Exton, PA. Added an office in Bayport, MN. No longer lists an office in Eugene, OR. No longer lists an office in Wayzata, MN.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Other

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Distributors Company LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $3,149,498,789
- Discretionary: $3,143,415,615
- Non-discretionary: $6,083,174

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2,576 | $867,718,176 |
| High net worth individuals | 923 | $2,264,719,711 |
| Charitable organizations | 6 | $11,405,265 |
| Corporations or other businesses not listed above | 9 | $5,655,637 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops
- Other

### Firm details
- Registered since: 2012 (14 years)
- Employees: 131 total, 68 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AL, AZ, CA, CO, DE, FL, GA, IA, ID, IL, IN, LA, MA, MD, ME, MI, MN, MO, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OR, PA, SC, SD, TN, TX, VA, WA, WI, WY
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/113074

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Bayport, MN
- Bloomington, MN
- Carmel, IN
- Clifton Park, NY
- Edina, MN
- Exton, PA
- Fort Collins, CO
- Frederick, MD
- Lake Elmo, MN
- Lakewood, CO
- Madison, WI
- Minneapolis, MN
- Minnetonka, MN
- Mokena, IL
- Omaha, NE
- Rapid City, SD
- San Luis Obispo, CA
- Shoreview, MN
- St. Peter, MN

### Websites listed on Form ADV (Item 1.I)
- advancedretirement.com
- advancedwealth.com
- advisornet.com
- advisornet.com/wealth-partners-home
- ajwfinancial.com
- alignedwealthplanning.com
- besttaxplan.com
- boxfinancialadvisors.com
- brumbaughwealth.com
- clearpathwealthadvisors.com
- efsimn.com
- epoch.financial
- financialconsultantsrc.com
- financialplanpartners.com
- fsaadvisors.com
- keshemberg.com
- mattsonwm.com
- peakadvisoryco.com
- planviser.com
- ppminvestments.net
- ricecreekwealth.com
- stonebridgewealthpartners.com
- tcmccabe.com
- thealphawealth.com
- weinbachinvestment.biz
- Facebook @ADVISORNETFINANCIAL
- Facebook @AJWFinancial
- Facebook @AdvancedWealthManagementGroup
- Facebook @AlphaWealthAdvisors1
- Facebook @FPPjmg01
- Facebook @FSAadvisors
- Facebook @PlanViser
- Facebook @advancedretirement
- Facebook @brumbaughwealthmanagement
- Facebook @clearpathwealthadvisors
- Facebook @mccabeandassociates
- Instagram @clearpathwealthadvisorsmn
- LinkedIn @advanced-retirement-resources-inc.
- LinkedIn @advisornet-financial
- LinkedIn @advisornet-wealth-partners
- LinkedIn @ajw-financial
- LinkedIn @brumbaugh-wealth-management
- LinkedIn @clearpath-wealth-advisors
- LinkedIn @fsa-advisors-llp
- LinkedIn @mccabe-&-associates
- LinkedIn @peak-advisory-group-llc
- LinkedIn @davidschwandt
- LinkedIn @kevin-hemme-02b57865
- LinkedIn @kimberlybrumbaugh
- X @ADVISORNETWM
- X @ANFinancial
- X @FSAadvisors
- X @davidschwandt
- YouTube @AdvisorNetFinancial
- YouTube @clearpathwealthadvisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,574,063,258 | 142 | September 24, 2021 |
| October 2022 | $3,922,193,495 | 139 | July 29, 2022 |
| October 2023 | $2,563,915,015 | 123 | March 28, 2023 |
| October 2024 | $2,267,646,782 | 120 | April 18, 2024 |
| October 2025 | $2,339,617,295 | 114 | July 22, 2025 |
| October 2026 | $3,149,498,789 | 131 | March 25, 2026 |

Regulatory assets under management: $3,574,063,258 in the October 2021 data and $3,149,498,789 in the October 2026 data, down 12%.
Total employees: 142 in October 2021 and 131 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- No longer lists the business name Sterling Retirement Resources, Inc.
- No longer lists the business name Advisornet Financial Partners.
- No longer lists the business name Advisornet Wealth Management.
- No longer lists the business name Michael D. Petersen.
- No longer lists the business name FSA Advisors, LLP.
- No longer lists the business name Peak Advisory.
- Added the business name Advantage Financial Planning.
- Added the business name Apex Wealth Services.
- Added the business name Peak Advisory Group.
- Employees performing advisory functions went from 74 to 68.
- Regulatory assets under management went from $2,339,617,295 to $3,149,498,789 (+35%).
- Changed its office addresses in Exton, PA.
- Added an office in Bayport, MN.
- No longer lists an office in Eugene, OR.
- No longer lists an office in Wayzata, MN.

### February 2026
- Registered or notice-filed in ID, ME, NV.

### January 2026
- No longer registered or notice-filed in CT, DC, ID, ME, NV, OK.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Advisornet Wealth Partners (CRD 113074): Form ADV filing data as of October 2026.