Vantage Point Wealth Management

• A percentage of assets under your management
• Hourly charges
• Fixed fees (other than subscription fees)

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

The brochure lists different fees for different services or strategies. See the firm's brochure (dated March 9, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$326,586,982 as of October 2026, filing dated June 25, 2026.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Financial planning services
• Portfolio management for individuals and/or small businesses
• Selection of other advisers (including private fund managers)
• Educational seminars/workshops

Legal name

VPWM Advisors, LLC

Also doing business as

BOUNDARY WATERS WEALTH MANAGEMENT LLC, FMS FINANCIAL PLANNING, UP NORTH WEALTH ADVISORS, VANTAGE POINT WEALTH MANAGEMENT

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

2015 (11 years)

Employees

Total: 17. Performing investment advisory functions: 14.

Wrap fee program participation

Yes.

Custodians (Schedule D, Section 5.K(3))

LPL Financial LLC

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.

Other offices (Schedule D, Section 1.F)

2 other offices, as of the July 2026 filing

Bismark, NDEdina, MN

States registered or notice-filed

21 states or jurisdictions

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SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $402,083,051 in the October 2021 data and $326,586,982 in the October 2026 data, down 19%.

Total employees: 16 in October 2021 and 17 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. July 2026
   • Added the business name Boundary Waters Wealth Management LLC.
   • Employees performing advisory functions went from 15 to 14.
   • Registered or notice-filed in OR.
2. April 2026
   • Added the business name Up North Wealth Advisors.
   • Regulatory assets under management went from $277,355,003 to $326,586,982 (+18%).
   • No longer lists an office in Long Prairie, MN.
3. February 2026
   • Registered or notice-filed in MT.
4. January 2026
   • No longer registered or notice-filed in MT, NE, OH.
5. November 2025
   • No longer lists an office in Eden Prairie, MN.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.