{
  "crd_number": 149007,
  "slug": "prairiewood-wealth-management-fargo-nd-149007",
  "primary_business_name": "PRAIRIEWOOD WEALTH MANAGEMENT",
  "legal_name": "PRAIRIEWOOD CAPITAL, LLC",
  "dbas": [],
  "city": "Fargo",
  "state": "ND",
  "country": "United States",
  "cbsa_code": "22020",
  "metro": {
    "cbsa_code": "22020",
    "common_name": "Fargo",
    "msa_name": "Fargo, ND-MN",
    "path": "/advisors/nd/fargo"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-03-13",
  "years_registered": 6,
  "period": "2026-10-01",
  "filing_date": "2026-06-30",
  "carried_forward": false,
  "raum_total": 365413413.0,
  "raum_discretionary": 365413413.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 8,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 15026429.0,
      "count": 10
    },
    "individuals": {
      "raum": 47974263.0,
      "count": 105
    },
    "high_net_worth_individuals": {
      "raum": 302412721.0,
      "count": 129
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MN",
    "ND"
  ],
  "websites": [
    "https://facebook.com/Prairiewood-Wealth-Management-109252248229651",
    "https://linkedin.com/company/prairiewood-wealth-management",
    "https://pw-wm.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/149007",
  "city_as_filed": "FARGO",
  "url": "https://advisorcensus.com/firm/prairiewood-wealth-management-fargo-nd-149007",
  "display_name": "Prairiewood Wealth Management",
  "summary": "Prairiewood Wealth Management is an SEC-registered investment advisory firm in Fargo, ND, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 30, 2026.",
  "citation": "AdvisorCensus. Prairiewood Wealth Management (CRD 149007): 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)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Prairiewood Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Prairiewood Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other."
    },
    {
      "q": "How much does Prairiewood Wealth Management charge?",
      "a": "Its Form ADV Part 2A brochure dated June 30, 2026 states: Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it); Flat fee: up to $5,000 (Tax preparation); Flat fee: up to $500 a quarter (payroll support services); Flat fee: $500 (access to the estate planning software); Flat fee: $100 a year (continued access to the software platform). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Prairiewood Wealth Management located?",
      "a": "Prairiewood Wealth Management's principal office is in Fargo, ND, according to its Form ADV."
    },
    {
      "q": "Is Prairiewood Wealth Management registered with the SEC or a state?",
      "a": "Prairiewood Wealth Management is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 149007."
    },
    {
      "q": "How much does Prairiewood Wealth Management manage?",
      "a": "Prairiewood Wealth Management reports $365,413,413 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have Prairiewood Wealth Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Prairiewood Wealth Management: Regulatory assets under management: $119,997,715 in the October 2021 data and $365,413,413 in the October 2026 data, up 205%. Total employees: 2 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Prairiewood Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (129); individuals (other than high net worth individuals) (105); charitable organizations (10)."
    },
    {
      "q": "Which custodians does Prairiewood Wealth Management use?",
      "a": "Prairiewood Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Prairiewood Wealth Management 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/149007"
    },
    {
      "q": "Does Prairiewood Wealth Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated June 30, 2026 says: \"Although we do not have a minimum account size, we may implement a minimum fee.\""
    },
    {
      "q": "What changed in Prairiewood Wealth Management's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Employees performing advisory functions went from 3 to 4. Regulatory assets under management went from $273,988,027 to $365,413,413 (+33%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 119997715.0,
      "total_employees": 2,
      "filing_date": "2021-01-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 151694613.0,
      "total_employees": 2,
      "filing_date": "2022-05-26"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 151376576.0,
      "total_employees": 2,
      "filing_date": "2023-08-02"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 216828298.0,
      "total_employees": 3,
      "filing_date": "2024-01-24"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 273988027.0,
      "total_employees": 6,
      "filing_date": "2025-05-16"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 365413413.0,
      "total_employees": 8,
      "filing_date": "2026-06-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 4.",
        "Regulatory assets under management went from $273,988,027 to $365,413,413 (+33%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 30, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.5% to 1.5% a year",
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: up to $5,000 (Tax preparation)",
      "Flat fee: up to $500 a quarter (payroll support services)",
      "Flat fee: $500 (access to the estate planning software)",
      "Flat fee: $100 a year (continued access to the software platform)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Our fees generally range between 0.5% and 1.5% of the assets under management and are determined based on our assessment of the facts and circumstances of each client relationship."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Although we do not have a minimum account size, we may implement a minimum fee."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: up to $5,000 (Tax preparation)"
        ],
        "quotes": [
          "Tax preparation is provided on a flat fee basis ranging from negotiable to $5,000 and payroll support services are provided at a fee up to $500 per quarter."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: up to $500 a quarter (payroll support services)"
        ],
        "quotes": [
          "Tax preparation is provided on a flat fee basis ranging from negotiable to $5,000 and payroll support services are provided at a fee up to $500 per quarter."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $500 (access to the estate planning software)"
        ],
        "quotes": [
          "Clients who choose to receive access to the estate planning software will be charged a one-time access fee of $500 and an ongoing annual fee of $100 for continued access to the software platform."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $100 a year (continued access to the software platform)"
        ],
        "quotes": [
          "Clients who choose to receive access to the estate planning software will be charged a one-time access fee of $500 and an ongoing annual fee of $100 for continued access to the software platform."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.5,
        1.5
      ],
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": null,
          "max": 5000.0,
          "period": "one_time",
          "service": "Tax preparation"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": null,
          "max": 500.0,
          "period": "quarterly",
          "service": "payroll support services"
        },
        {
          "kind": "flat",
          "amount": 500.0,
          "min": null,
          "max": null,
          "period": "one_time",
          "service": "access to the estate planning software"
        },
        {
          "kind": "flat",
          "amount": 100.0,
          "min": null,
          "max": null,
          "period": "annual",
          "service": "continued access to the software platform"
        }
      ]
    },
    "quotes": [
      "Our fees generally range between 0.5% and 1.5% of the assets under management and are determined based on our assessment of the facts and circumstances of each client relationship.",
      "Although we do not have a minimum account size, we may implement a minimum fee.",
      "Tax preparation is provided on a flat fee basis ranging from negotiable to $5,000 and payroll support services are provided at a fee up to $500 per quarter.",
      "Tax preparation is provided on a flat fee basis ranging from negotiable to $5,000 and payroll support services are provided at a fee up to $500 per quarter.",
      "Clients who choose to receive access to the estate planning software will be charged a one-time access fee of $500 and an ongoing annual fee of $100 for continued access to the software platform.",
      "Clients who choose to receive access to the estate planning software will be charged a one-time access fee of $500 and an ongoing annual fee of $100 for continued access to the software platform."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., 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/prairiewood-wealth-management-fargo-nd-149007.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 105,
      "fewer_than_5": false,
      "raum": 47974263.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 129,
      "fewer_than_5": false,
      "raum": 302412721.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 10,
      "fewer_than_5": false,
      "raum": 15026429.0
    }
  ],
  "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/149007",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}