# Shockman Financial

> Shockman Financial is a state-registered investment advisory firm in Fargo, ND, registered since 2021, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated January 20, 2026.

- CRD: 315529
- Filed as: SHOCKMAN FINANCIAL
- Legal name: Shockman Financial Companies LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Fargo, ND
- Filing period: October 2026
- Form ADV filing dated: January 20, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/315529
- AdvisorCensus page: https://advisorcensus.com/firm/shockman-financial-fargo-nd-315529

## Quick answers

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

**Where is Shockman Financial located?**
Shockman Financial's principal office is in Fargo, ND, according to its Form ADV.

**Is Shockman Financial registered with the SEC or a state?**
Shockman Financial is a state-registered investment advisory firm, registered since 2021. Status as filed: APPROVED. CRD 315529.

**How much does Shockman Financial manage?**
Shockman Financial reports $35,918,770 in regulatory assets under management in its Form ADV filing dated January 20, 2026 (100% discretionary).

**What types of clients does Shockman Financial serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (105); high net worth individuals (16).

**Does Shockman Financial report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/315529

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $35,918,770
- Discretionary: $35,918,770
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 105 | $15,052,384 |
| High net worth individuals | 16 | $20,866,386 |

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

### Firm details
- Registered since: 2021 (4 years)
- Employees: 2 total, 1 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)
- shockmanfinancial.com

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Shockman Financial (CRD 315529): Form ADV filing data as of October 2026.