State-registered independent wealth management RIA
Pivotal Wealth and Tax
As of its Form ADV filed March 31, 2026, Pivotal Wealth and Tax, a state-registered independent wealth management RIA in Preston, Minnesota, reported $17.5 million in regulatory assets under management across 317 accounts, ranking #288 among independent RIAs in Minnesota by assets.
Registration
- Registration
- State-registered, Approved
- CRD number
- 321023
- SEC file number
- None (state-registered)
- Registered since
- May 23, 2022
- Latest Form ADV filing
- March 31, 2026
- Legal name
- PIVOTAL WEALTH AND TAX LLC
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 0
Key figures
- Regulatory assets under management
- $17.5 million
- Discretionary
- $17.5 million (100.0%)
- Non-discretionary
- $0
- Accounts
- 317 (317 discretionary)
- Clients
- 324, approximate as reported
- Employees
- 4
- Advisory staff
- 4 performing investment advisory functions
- Average account
- $55,047
- Asset growth, 1 year
- Not reported
- Asset growth, 3-year annual rate
- Not reported
- Asset growth, 5-year annual rate
- Not reported
- Client growth, 1 year
- Not reported
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In Minnesota | Value |
|---|---|---|---|
| Largest independent RIAs by assets under management | #14,138 | #288 | $17.5 million |
| Independent RIAs with the most clients | #3,583 | #90 | 324 |
| Independent RIAs with the most accounts | #6,681 | #170 | 317 |
| Independent RIAs with the most advisory staff | #3,365 | #86 | 4 |
| Independent RIAs with the most high net worth clients | #13,805 | #279 | 5 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 7, 2026 | $17.5 million |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| Individuals (other than high net worth) 309 clients | $9.7 million | |
| High net worth individuals 5 clients | $6.9 million | |
| Corporations or other businesses fewer than 5 clients | $800,000 |
How the firm is paid
- A percentage of assets under management
- Hourly charges
- Subscription fees
- Fixed fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Other
Financial planning clients (Item 5.H): 251-500.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
- Accountant or accounting firm
- Insurance company or agency
- Real estate broker, dealer or agent
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 4
- Also registered through a broker-dealer
- 0
- Employees who are IARs (Form ADV 5.B(3))
- 4
4 of the firm's 4 IARs are registered in jurisdictions that require IAR CE. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to at least one disclosure question; our source does not give the count. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Minnesota
| Firm | City | RAUM |
|---|---|---|
| Carson Capital | St. Louis Park | $18.7 million |
| Endurance Financial Group | St. Paul | $18.1 million |
| White Turf Financial LLC. | St. Paul | $17.7 million |
| Efficient Market Investments, LLC | Apple Valley | $17.2 million |
| Calibration Financial | Milaca | $16.2 million |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Pivotal Wealth and Tax on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.pivotalwealthandtax.com
- Independent RIAs in Minnesota
Firm data as of October 7, 2026, from IA_FIRM_STATE_Feed_10_07_2026.xml.gz. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 7, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.