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WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
CRD 116407File 801-60749
APPROVED
Retail clients
Custody
Filing as of Aug 20, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$122.19B
Top 10% of cohort (national)
Discretionary AUM
$94.31B
Non-discretionary $27.87B
Clients
83,926
221,892 accounts
Employees
1,700
Top 10% of cohort in MN
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- CHRO
- Registration date
- Dec 21, 2001
- Principal office
- 505 N HIGHWAY 169, SUITE 900, PLYMOUTH, MN, 55441
- Phone
- 763-417-1700
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $122.19B
- Discretionary AUM
- $94.31B
- Non-discretionary AUM
- $27.87B
- Discretionary accounts
- 172,300
- Non-discretionary accounts
- 49,592
- Total accounts
- 221,892
- AUM per client
- $1.5M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 1,201 | $1.80B |
| Charitable organizations | 643 | $829.7M |
| High net worth individuals | 27,424 | $39.32B |
| Pension and profit sharing plans | 1,096 | $5.95B |
| Individuals (other than high net worth individuals) | 53,562 | $72.28B |
Compensation & activities
ADV Items 5E, 5GCompensation
- Other
- Fixed fees
- Hourly charges
- Other (described) — FEES RECEIVED FROM THIRD PARTY INVESTMENT ADVISORS
- A percentage of assets under your management
Advisory activities
- Other
- Other advisory activities
- Financial planning services
- Selection of other advisers
- Portfolio management for other
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- Yes
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Aug 17, 2026 | Clients | 85,001 | 83,926 | decreased by1,075 |
| Apr 1, 2026 | Employees | 1,230 | 1,700 | increased by470 |
| Apr 1, 2026 | Clients | 70,834 | 85,001 | increased by14,167 |
| Apr 1, 2026 | AUM | $94,632,028,506 | $122,186,725,110 | increased by$27,554,696,604 |
| Apr 1, 2026 | Accounts | 186,400 | 221,892 | increased by35,492 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 789 | 1,230 | increased by441 |
| May 1, 2025 vs Oct 1, 2022 | Disclosures | Yes | No | |
| May 1, 2025 vs Oct 1, 2022 | Clients | 40,275 | 70,834 | increased by30,559 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $52,608,705,200 | $94,632,028,506 | increased by$42,023,323,306 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 104,749 | 186,400 | increased by81,651 |
| Sep 1, 2022 | Disclosures | No | Yes | |
| Apr 1, 2022 | Employees | 409 | 789 | increased by380 |
| Apr 1, 2022 | Clients | 23,594 | 40,275 | increased by16,681 |
| Apr 1, 2022 | AUM | $24,264,055,260 | $52,608,705,200 | increased by$28,344,649,940 |
| Apr 1, 2022 | Accounts | 65,029 | 104,749 | increased by39,720 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “WEALTH ENHANCEMENT” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“WEALTH ENHANCEMENT” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.