VERMILLION WEALTH MANAGEMENT INC.
Adviser information for VERMILLION WEALTH MANAGEMENT INC. last updated from Form ADV on February 7th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Minnesota, United States |
Employees
| Total Number of Employees | 5 |
|---|---|
| Investment Advisory/Research | 4 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 1 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,267 | $307.9M |
| Non-Discretionary | 0 | $0 |
| Total | 1,267 | $307.9M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 827 | $143.0M |
| HNW Individuals | 63 | $158.5M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 2 | $5.5M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 1 | $889,713 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 3 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 51-100 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPension consulting services |
|---|---|
| Compensation | % of AUMFixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 307.9M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| VERMILLION WEALTH MANAGEMENT INC. WRAP PROGRAM | VERMILLION WEALTH MANAGEMENT INC. |
Identifiers
| SEC RIA File Number | 801-107450 |
|---|---|
| SEC ERA File Number | 801-107450 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 281978 |
| Legal Entity Identifier | None |
Principal Office
15040 CANADA AVE. WROSEMOUNT
MN
United States
Monday - Friday, 8-5
Tel: 651-480-4601, Fax: 651-423-9213
Websites
Chief Compliance Officer
HOLLY OSTERTAG
15040 CANADA AVE. W
ROSEMOUNT
MN
United States
Tel:
651-480-4601
Fax:
651-423-9213
H****@*************M
(Full email address available in API data)
Regulatory Contact
JAMES
POEPL
15040 CANADA AVE. W
ROSEMOUNT
MN
United States
Tel:
651-480-4601
Fax:
651-423-9213
J*******@*************M
(Full email address available in API data)
Industry Affiliates
| VERMILLION INSURANCE AGENCY | Insurance company or agency |
| VERMILLION STATE BANK - VICE PRESIDENT | Banking or thrift institution |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| POEPL, JAMES, FRANCIS | Individual | – | OWNER/PRESIDENT | 11/2015 | 25-50% |
| Poepl, Jacob, Michael | Individual | – | OWNER | 07/2016 | 25-50% |
| Poepl, Matthew, John | Individual | – | OWNER | 07/2016 | 25-50% |
| Ostertag, Holly, K | Individual | – | CHIEF COMPLIANCE OFFICER | 01/2022 | < 5% |