# Vermillion Wealth Management Inc.

> Vermillion Wealth Management Inc. is an SEC-registered investment advisory firm in Rosemount, MN, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 18, 2026.

- CRD: 281978
- Filed as: VERMILLION WEALTH MANAGEMENT INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Rosemount, MN
- Filing period: October 2026
- Form ADV filing dated: June 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/281978
- AdvisorCensus page: https://advisorcensus.com/firm/vermillion-wealth-management-inc-rosemount-mn-281978

## Quick answers

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

**How much does Vermillion Wealth Management Inc. charge?**
Its Form ADV Part 2A brochure dated June 18, 2026 states: Flat fee: $2,000 to $8,000 a year (ERISA Plan Services); Flat fee: $1,000 to $5,000 (Financial Planning Services); Flat fee: $200 to $1,000 a quarter (ongoing financial advice). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Vermillion Wealth Management Inc. located?**
Vermillion Wealth Management Inc.'s principal office is in Rosemount, MN, according to its Form ADV.

**Is Vermillion Wealth Management Inc. registered with the SEC or a state?**
Vermillion Wealth Management Inc. is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 281978.

**How much does Vermillion Wealth Management Inc. manage?**
Vermillion Wealth Management Inc. reports $459,879,287 in regulatory assets under management in its Form ADV filing dated June 18, 2026 (100% discretionary).

**How have Vermillion Wealth Management Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Vermillion Wealth Management Inc.: Regulatory assets under management: $224,348,699 in the October 2021 data and $459,879,287 in the October 2026 data, up 105%. Total employees: 3 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Vermillion Wealth Management Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (691); high net worth individuals (15).

**Which custodians does Vermillion Wealth Management Inc. use?**
Vermillion Wealth Management Inc.'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 Vermillion Wealth Management Inc. 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/281978

**Does Vermillion Wealth Management Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated June 18, 2026 says: "VWM does not require a minimum of to open an account."

**What changed in Vermillion Wealth Management Inc.'s recent Form ADV filings?**
In the July 2026 filing data: Employees performing advisory functions went from 5 to 4. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated June 18, 2026)

- Account minimum: None

> VWM does not require a minimum of to open an account.

- Flat fee: $2,000 to $8,000 a year (ERISA Plan Services)

> The annual fees are a fixed fee between $2,000 and $8,000 . The annual fee is negotiable.

- Flat fee: $1,000 to $5,000 (Financial Planning Services)

> Financial Planning Services are offered based on a flat fee between $ 1,000 and $5,000.

- Flat fee: $200 to $1,000 a quarter (ongoing financial advice)

> Ongoing financial planning services are offered for a quarterly fixed fee of $200 - $1000 for ongoing financial advice.

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: $459,879,287
- Discretionary: $459,879,287
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 691 | $304,701,820 |
| High net worth individuals | 15 | $155,177,467 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2016 (10 years)
- Employees: 5 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, FL, MN, NJ, TX, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [vermillionwealthmanagement.com](https://vermillionwealthmanagement.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $224,348,699 | 3 | September 1, 2021 |
| October 2022 | $260,396,155 | 4 | August 5, 2022 |
| October 2023 | $268,169,361 | 5 | January 19, 2023 |
| October 2024 | $307,910,819 | 4 | September 20, 2024 |
| October 2025 | $340,213,891 | 4 | June 5, 2025 |
| October 2026 | $459,879,287 | 5 | June 18, 2026 |

Regulatory assets under management: $224,348,699 in the October 2021 data and $459,879,287 in the October 2026 data, up 105%.
Total employees: 3 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Employees performing advisory functions went from 5 to 4.
- Updated its list of owners and control persons (Schedule A).

### February 2026
- Regulatory assets under management went from $364,047,827 to $433,423,433 (+19%).

### December 2025
- Employees performing advisory functions went from 3 to 5.
- Registered or notice-filed in CA, NJ.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Vermillion Wealth Management Inc. (CRD 281978): Form ADV filing data as of October 2026.