{"type":"ria_ranking","disclaimer":"Firm-level data as reported on Form ADV to the SEC and state regulators; corrections are made on Form ADV and appear after the next monthly reload.","title":"Independent RIAs with the most clients in North Dakota","lead":"As of October 2, 2026, Light Financial Services, Inc. ranked #1 in North Dakota in AdvisorIQ's ranking of independent RIAs with the most clients, with 1,244.","as_of":"2026-10-02","facts":{"ranking":"Independent RIAs with the most clients","how_it_is_computed":"Firms ranked by number of clients: the clients counted by type in Form ADV Item 5.D(a) to (n) plus clients for whom the firm has no RAUM (Item 5.C(1)), as reported in the latest filing in the data of October 2, 2026. Counts are approximate as firms report them; a client type marked \"fewer than 5 clients\" without a number adds nothing. SEC-registered and state-registered firms are both ranked. Independent wealth management RIAs are ranked: firms whose individual and high net worth clients hold at least half of their regulatory assets and that offer financial planning or portfolio management for individuals, leaving out broker-dealers, banks and their advisory arms. The all wealth firms view ranks the same way with those broker-dealer affiliated firms added. Asset managers, private fund managers, pension consultants and platform managers are never ranked (see the methodology). State lists use each firm's main office state, or its registration state when the main office is not public. The US list leaves out firms whose main office is outside the United States. Equal values share a rank and are listed by CRD number.","unit":"count","scope":"North Dakota","firms_listed":25,"rows":[{"rank":1,"crd":131678,"firm":"Light Financial Services, Inc.","city":"Fargo","state":"ND","value":1244,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/131678/"},{"rank":2,"crd":122030,"firm":"Financial Strategies Group","city":"Fargo","state":"ND","value":663,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/122030/"},{"rank":3,"crd":331043,"firm":"Brady Martz Wealth Solutions, LLC","city":"Grand Forks","state":"ND","value":448,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/331043/"},{"rank":4,"crd":159467,"firm":"Wealth Forward, LLC","city":"Fargo","state":"ND","value":379,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/159467/"},{"rank":5,"crd":328341,"firm":"Retirement Resource Wealth Management, LLC","city":"West Fargo","state":"ND","value":358,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/328341/"},{"rank":6,"crd":147215,"firm":"Strategic Financial Inc.","city":"West Fargo","state":"ND","value":289,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/147215/"},{"rank":7,"crd":149007,"firm":"Prairiewood Wealth Management","city":"Fargo","state":"ND","value":244,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/149007/"},{"rank":8,"crd":316194,"firm":"Fleischer & Johnson Wealth Management, Inc.","city":"Bismarck","state":"ND","value":232,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/316194/"},{"rank":9,"crd":327541,"firm":"Fjell Capital","city":"Fargo","state":"ND","value":212,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/327541/"},{"rank":10,"crd":166876,"firm":"Complete Investment Advisory, LLC","city":"Fargo","state":"ND","value":189,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/166876/"},{"rank":11,"crd":123105,"firm":"Johnson Wealth Management, LLC","city":"Grand Forks","state":"ND","value":176,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/123105/"},{"rank":12,"crd":285986,"firm":"Hendrickson Financial Services, LLC","city":"Dickinson","state":"ND","value":148,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/285986/"},{"rank":13,"crd":172199,"firm":"Capital City Wealth Management, Inc.","city":"Bismarck","state":"ND","value":135,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/172199/"},{"rank":14,"crd":315529,"firm":"Shockman Financial","city":"Fargo","state":"ND","value":121,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/315529/"},{"rank":15,"crd":310103,"firm":"Eighth Wonder Investments","city":"Fargo","state":"ND","value":108,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/310103/"},{"rank":16,"crd":306809,"firm":"Blake Wealth Strategies","city":"Grand Forks","state":"ND","value":80,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/306809/"},{"rank":17,"crd":297585,"firm":"Triton Investments, LLC","city":"Bismarck","state":"ND","value":79,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/297585/"},{"rank":18,"crd":142302,"firm":"Schmidt Wealth Management","city":"Fargo","state":"ND","value":68,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/142302/"},{"rank":19,"crd":281078,"firm":"Bona Fide Finance","city":"Mandan","state":"ND","value":51,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/281078/"},{"rank":20,"crd":338230,"firm":"21st Financial","city":"Grand Forks","state":"ND","value":46,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/338230/"},{"rank":21,"crd":164425,"firm":"Thoreson Steffes","city":"Fargo","state":"ND","value":31,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/164425/"},{"rank":22,"crd":324454,"firm":"Flyway Financial","city":"Steele","state":"ND","value":28,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/324454/"},{"rank":23,"crd":130701,"firm":"Ins Capital Management, LLC","city":"Dickinson","state":"ND","value":17,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/130701/"},{"rank":24,"crd":318616,"firm":"Cultivate Financial","city":"Fargo","state":"ND","value":12,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/318616/"},{"rank":25,"crd":319527,"firm":"Dakota Wealth Advisors LLC","city":"Bismarck","state":"ND","value":11,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/319527/"}]},"sources":[{"url":"https://www.sec.gov/files/investment/data/other/information-about-registered-investment-advisers-exempt-reporting-advisers/ia100226.zip","checked":"2026-10-07","label":"SEC, Information About Registered Investment Advisers (ia100226.zip)"},{"url":"https://adviserinfo.sec.gov/compilation","checked":"2026-10-07","label":"IAPD compilation reports (IA_FIRM_STATE_Feed_10_07_2026.xml.gz)"}],"related":[{"title":"Independent RIAs with the most clients, nationally","url":"https://advisoriq.com/ria/rankings/most-clients/"},{"title":"RIA market data for North Dakota","url":"https://advisoriq.com/ria/states/north-dakota/"},{"title":"All RIA rankings","url":"https://advisoriq.com/ria/rankings/"},{"title":"How the directory is built","url":"https://advisoriq.com/ria/methodology/"}],"notes":["Firms marked as successors reported on Form ADV Item 4 that they succeeded to another adviser's business; their growth is shown as reported.","Each ranking lists at most the top 100 firms."],"url":"https://advisoriq.com/ria/rankings/most-clients/north-dakota/","citation":"AdvisorIQ, as of 2026-10-02. https://advisoriq.com/ria/rankings/most-clients/north-dakota/","license":"https://advisoriq.com/license/","publisher":"AdvisorIQ, independent education for financial advisors"}