{
  "crd_number": 334995,
  "slug": "cedrus-wealth-group-andover-mn-334995",
  "primary_business_name": "CEDRUS WEALTH GROUP",
  "legal_name": "CEDRUS WEALTH GROUP LLC",
  "dbas": [],
  "city": "Andover",
  "state": "MN",
  "country": "United States",
  "cbsa_code": "33460",
  "metro": {
    "cbsa_code": "33460",
    "common_name": "Minneapolis",
    "msa_name": "Minneapolis-St. Paul-Bloomington, MN-WI",
    "path": "/advisors/mn/minneapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-03-26",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-09-08",
  "carried_forward": false,
  "raum_total": 217814000.0,
  "raum_discretionary": 214314000.0,
  "raum_non_discretionary": 3500000.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 7,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 55426000.0,
      "count": 400
    },
    "pension_profit_sharing": {
      "raum": 3500000.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 158888000.0,
      "count": 150
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MN"
  ],
  "websites": [
    "https://cedruswealthgroup.com",
    "https://facebook.com/people/Cedrus-Wealth-Group/61568173036768",
    "https://linkedin.com/company/cedrus-wealth-group"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/334995",
  "city_as_filed": "ANDOVER",
  "url": "https://advisorcensus.com/firm/cedrus-wealth-group-andover-mn-334995",
  "display_name": "Cedrus Wealth Group",
  "summary": "Cedrus Wealth Group is an SEC-registered investment advisory firm in Andover, MN, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 8, 2026.",
  "citation": "AdvisorCensus. Cedrus Wealth Group (CRD 334995): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Cedrus Wealth Group compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cedrus Wealth Group reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Cedrus Wealth Group charge?",
      "a": "Its Form ADV Part 2A brochure dated June 25, 2026 states: Flat fee: $500 to $2,000 a year (financial consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Cedrus Wealth Group located?",
      "a": "Cedrus Wealth Group's principal office is in Andover, MN, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Cedrus Wealth Group registered with the SEC or a state?",
      "a": "Cedrus Wealth Group is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 334995."
    },
    {
      "q": "How much does Cedrus Wealth Group manage?",
      "a": "Cedrus Wealth Group reports $217,814,000 in regulatory assets under management in its Form ADV filing dated September 8, 2026 (98% discretionary)."
    },
    {
      "q": "How have Cedrus Wealth Group's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Cedrus Wealth Group: Regulatory assets under management: $136,000,000 in the October 2025 data and $217,814,000 in the October 2026 data, up 60%. Total employees: 6 in October 2025 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cedrus Wealth Group serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (400); high net worth individuals (150)."
    },
    {
      "q": "Which custodians does Cedrus Wealth Group use?",
      "a": "Cedrus Wealth Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James & Associates, Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Cedrus Wealth Group report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/334995"
    },
    {
      "q": "Does Cedrus Wealth Group state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated June 25, 2026 says: \"In general, we require a minimum of $2,000 to open and maintain an advisory account.\""
    },
    {
      "q": "What changed in Cedrus Wealth Group's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 3 to 4. Regulatory assets under management went from $136,000,000 to $217,814,000 (+60%). Added an office in Minneapolis, MN."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 136000000.0,
      "total_employees": 6,
      "filing_date": "2025-07-22"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 217814000.0,
      "total_employees": 7,
      "filing_date": "2026-09-08"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 4.",
        "Regulatory assets under management went from $136,000,000 to $217,814,000 (+60%).",
        "Added an office in Minneapolis, MN."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 25, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$2,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $500 to $2,000 a year (financial consulting services)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $2,000"
        ],
        "quotes": [
          "In general, we require a minimum of $2,000 to open and maintain an advisory account."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $500 to $2,000 a year (financial consulting services)"
        ],
        "quotes": [
          "We charge a fixed fee for financial consulting services. Fixed fees are negotiable and range from $500/year up to $2000/year, depending on the scope and complexity of services rendered."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 2000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 500.0,
          "max": 2000.0,
          "period": "annual",
          "service": "financial consulting services"
        }
      ]
    },
    "quotes": [
      "In general, we require a minimum of $2,000 to open and maintain an advisory account.",
      "We charge a fixed fee for financial consulting services. Fixed fees are negotiable and range from $500/year up to $2000/year, depending on the scope and complexity of services rendered."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Raymond James & Associates, Inc.",
      "name_as_filed": "RAYMOND JAMES & ASSOCIATES, INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/cedrus-wealth-group-andover-mn-334995.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 400,
      "fewer_than_5": false,
      "raum": 55426000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 150,
      "fewer_than_5": false,
      "raum": 158888000.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 3500000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/334995",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}