# Prairiewood Wealth Management

> 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.

- CRD: 149007
- Filed as: PRAIRIEWOOD WEALTH MANAGEMENT
- Legal name: Prairiewood Capital, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Fargo, ND
- Filing period: October 2026
- Form ADV filing dated: June 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/149007
- AdvisorCensus page: https://advisorcensus.com/firm/prairiewood-wealth-management-fargo-nd-149007

## Quick answers

**How is Prairiewood Wealth Management compensated?**
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.

**How much does Prairiewood Wealth Management charge?**
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: $100 a year (continued access to the software platform). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Prairiewood Wealth Management located?**
Prairiewood Wealth Management's principal office is in Fargo, ND, according to its Form ADV.

**Is Prairiewood Wealth Management registered with the SEC or a state?**
Prairiewood Wealth Management is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 149007.

**How much does Prairiewood Wealth Management manage?**
Prairiewood Wealth Management reports $365,413,413 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (100% discretionary).

**How have Prairiewood Wealth Management's assets and staff changed since 2021?**
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.

**What types of clients does Prairiewood Wealth Management serve?**
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).

**Which custodians does Prairiewood Wealth Management use?**
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.

**Does Prairiewood Wealth Management report any disciplinary disclosures?**
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

**Does Prairiewood Wealth Management state an account minimum?**
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."

**What changed in Prairiewood Wealth Management's recent Form ADV filings?**
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%).

## 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

### Fees and minimums (Form ADV Part 2A brochure dated June 30, 2026)

- Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it)

> 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.

- Account minimum: None

> Although we do not have a minimum account size, we may implement a minimum fee.

- Flat fee: up to $5,000 (Tax preparation)

> 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.

- Flat fee: up to $500 a quarter (payroll support services)

> 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.

- Flat fee: $100 a year (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.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

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

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: $365,413,413
- Discretionary: $365,413,413
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 105 | $47,974,263 |
| High net worth individuals | 129 | $302,412,721 |
| Charitable organizations | 10 | $15,026,429 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2020 (6 years)
- Employees: 8 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MN, ND
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- pw-wm.com
- Facebook @Prairiewood-Wealth-Management-109252248229651
- LinkedIn @prairiewood-wealth-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $119,997,715 | 2 | January 29, 2021 |
| October 2022 | $151,694,613 | 2 | May 26, 2022 |
| October 2023 | $151,376,576 | 2 | August 2, 2023 |
| October 2024 | $216,828,298 | 3 | January 24, 2024 |
| October 2025 | $273,988,027 | 6 | May 16, 2025 |
| October 2026 | $365,413,413 | 8 | June 30, 2026 |

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.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 3 to 4.
- Regulatory assets under management went from $273,988,027 to $365,413,413 (+33%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Prairiewood Wealth Management (CRD 149007): Form ADV filing data as of October 2026.