{ "crd_number": 38357, "slug": "cliftonlarsonallen-wealth-advisors-llc-minneapolis-mn-38357", "primary_business_name": "CLIFTONLARSONALLEN WEALTH ADVISORS, LLC", "legal_name": "CLIFTONLARSONALLEN WEALTH ADVISORS, LLC", "dbas": [ "CLA MERIDIAN CAPITAL" ], "city": "Minneapolis", "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": "2000-02-23", "years_registered": 26, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 14426640890.0, "raum_discretionary": 8724139324.0, "raum_non_discretionary": 5702501566.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 158, "advisory_employees": 81, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 247428451.0, "count": 307 }, "individuals": { "raum": 1205845891.0, "count": 4202 }, "pension_profit_sharing": { "raum": 1932706980.0, "count": 159 }, "high_net_worth_individuals": { "raum": 10130027642.0, "count": 2348 }, "corporations_other_businesses": { "raum": 910631926.0, "count": 338 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "educational_seminars", "financial_planning", "pension_consulting", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 2, "states_registered": [ "AK", "AL", "AR", "AZ", "CA", "CO", "CT", "DC", "DE", "FL", "GA", "HI", "IA", "ID", "IL", "IN", "KS", "KY", "LA", "MA", "MD", "ME", "MI", "MN", "MO", "MS", "MT", "NC", "ND", "NE", "NH", "NJ", "NM", "NV", "NY", "OH", "OK", "OR", "PA", "RI", "SC", "SD", "TN", "TX", "UT", "VA", "VI", "VT", "WA", "WI", "WV", "WY" ], "websites": [ "https://claconnect.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/38357", "disclosure_items": [ { "item": "11.D(2)", "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?" }, { "item": "11.D(4)", "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?" } ], "city_as_filed": "MINNEAPOLIS", "url": "https://advisorcensus.com/firm/cliftonlarsonallen-wealth-advisors-llc-minneapolis-mn-38357", "display_name": "Cliftonlarsonallen Wealth Advisors, LLC", "summary": "Cliftonlarsonallen Wealth Advisors, LLC is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 2000, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Cliftonlarsonallen Wealth Advisors, LLC (CRD 38357): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for businesses (other than small businesses) or institutional clients", "Pension consulting services", "Selection of other advisers (including private fund managers)", "Educational seminars/workshops" ], "quick_answers": [ { "q": "How is Cliftonlarsonallen Wealth Advisors, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Cliftonlarsonallen Wealth Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)." }, { "q": "Where is Cliftonlarsonallen Wealth Advisors, LLC located?", "a": "Cliftonlarsonallen Wealth Advisors, LLC's principal office is in Minneapolis, MN, according to its Form ADV; the April 2026 filing also lists 25 other offices (Schedule D, Section 1.F)." }, { "q": "Is Cliftonlarsonallen Wealth Advisors, LLC registered with the SEC or a state?", "a": "Cliftonlarsonallen Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 38357." }, { "q": "How much does Cliftonlarsonallen Wealth Advisors, LLC manage?", "a": "Cliftonlarsonallen Wealth Advisors, LLC reports $14,426,640,890 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (60% discretionary)." }, { "q": "How have Cliftonlarsonallen Wealth Advisors, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Cliftonlarsonallen Wealth Advisors, LLC: Regulatory assets under management: $5,426,858,831 in the October 2021 data and $14,426,640,890 in the October 2026 data, up 166%. Total employees: 113 in October 2021 and 158 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Cliftonlarsonallen Wealth Advisors, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (4,202); high net worth individuals (2,348); corporations or other businesses not listed above (338)." }, { "q": "Does Cliftonlarsonallen Wealth Advisors, LLC report any disciplinary disclosures?", "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). 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/38357" }, { "q": "What changed in Cliftonlarsonallen Wealth Advisors, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Added the business name CLA Meridian Capital. Employees performing advisory functions went from 97 to 81. Changed its office addresses in Appleton, WI. Changed its office addresses in Tampa, FL. Added an office in Salt Lake City, UT. Added an office in Tempe, AZ. No longer lists an office in Phoenix, AZ. No longer lists an office in Wenatchee, WA." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 5426858831.0, "total_employees": 113, "filing_date": "2021-08-25" }, { "period": "2022-10-01", "regulatory_assets_under_management": 6947612102.0, "total_employees": 145, "filing_date": "2022-03-28" }, { "period": "2023-10-01", "regulatory_assets_under_management": 6753872946.0, "total_employees": 154, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 7977801363.0, "total_employees": 153, "filing_date": "2024-03-29" }, { "period": "2025-10-01", "regulatory_assets_under_management": 12327816161.0, "total_employees": 148, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 14426640890.0, "total_employees": 158, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Added the business name CLA Meridian Capital.", "Employees performing advisory functions went from 97 to 81.", "Changed its office addresses in Appleton, WI.", "Changed its office addresses in Tampa, FL.", "Added an office in Salt Lake City, UT.", "Added an office in Tempe, AZ.", "No longer lists an office in Phoenix, AZ.", "No longer lists an office in Wenatchee, WA." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/cliftonlarsonallen-wealth-advisors-llc-minneapolis-mn-38357.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 4202, "fewer_than_5": false, "raum": 1205845891.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 2348, "fewer_than_5": false, "raum": 10130027642.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 159, "fewer_than_5": false, "raum": 1932706980.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 307, "fewer_than_5": false, "raum": 247428451.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 338, "fewer_than_5": false, "raum": 910631926.0 } ], "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.", "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/38357", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }