Sioux Falls, SD E Tan Tara Cir Office

Team
Updated today
CWM, LLC logo

CWM, LLC

Enterprise

Firm-wide stats for CWM, LLC

Total advisors

657

Across 225 offices

Clients per advisor

80 High

Avg AUM per client

$875,860 High

HNW client ratio

14% Typical

About

CWM, LLC is an SEC‑registered investment adviser that serves a broad mix of individuals, high‑net‑worth families, foundations, endowments, corporations and institutional clients through a network of partner offices and more than 600 advisors. The firm offers portfolio management, financial planning, variable sub‑account management, sub‑advisory services, and a suite of retirement‑plan services including a Carson Retirement Program with delegated 3(38) and consulting options.

CWM typically manages accounts on a discretionary basis using model portfolios governed by an in‑house Investment Committee and combines fundamental and technical analysis, third‑party sub‑advisors and trade‑signal providers, and customization tools such as Orion Custom Indexing and access to alternative investments via iCapital. The brochure emphasizes ongoing fiduciary processes for retirement plans (e.g., FI360 toolkit and IPS‑driven monitoring), centralized custody and platform relationships (Fidelity, Schwab, Vestwell), and regular client reviews and reporting.

Several features in the brochure distinguish CWM from many enterprise peers: it discloses multiple sponsor and revenue‑sharing arrangements (for example, a Flourish revenue‑sharing program and parent‑company investments in Vanilla), a paid Premier Partner investment universe, and a lead‑generation/matching platform and trust administration offering — all accompanied by explicit conflict‑of‑interest disclosures. The firm’s materials also note that it advertises predecessor performance (a relatively uncommon practice for large advisers) and place heavier operational emphasis on retirement plan, institutional and platform services than on charity‑focused practice areas.

Based on CWM, LLC

Expertise

Wealth management Tax-loss harvesting Options & derivatives strategies Private / alternative investments Retirement plans for business owners (SEP, solo 401k)

Based on CWM, LLC

Occupation focus

Founder/Business Owner Executive

Based on CWM, LLC

Location

612 E Tan Tara Cir #100

Sioux Falls SD 57108

Advisors at this office

4

Advisors at this office

user avatar

Brian A

CFP®, Series 66

Sioux Falls, SD

CWM, LLC

Brian Aamlid is a CFP® professional with eight years of industry experience, currently serving with CWM, LLC and Pinnacle Wealth since 2018. His prior experience includes roles at Cetera Advisor Networks, LPL Financial, and Kingdom Capital Fund. Outside of his advisory work, he serves on the board of directors for Brandon Valley Assembly of God Church and is a board member of the South Dakota Fellowship of Christian Athletes. CWM, LLC is an SEC-registered investment adviser that serves individuals, families, foundations, endowments, corporations, and institutional clients through a network of partner offices and over 600 advisors. The firm manages accounts using discretionary model portfolios with input from an in-house Investment Committee and third-party sub-advisors, offering a range of portfolio management, financial planning, and retirement plan services.

Wealth management Tax-loss harvesting Options & derivatives strategies Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

Kevin E

Series 63, Series 65

Sioux Falls, SD

CWM, LLC

Kevin Engbers is a financial advisor with CWM, LLC, holding Series 63 and Series 65 credentials and 39 years of industry experience. He has worked at CWM, LLC since 2018 and previously held positions at Cetera Advisor Networks, LPL Financial, and Pinnacle Wealth Management LLC. Outside of advising, he hosts the True Wealth Podcast and is an author. CWM, LLC is an SEC-registered investment adviser serving individuals, families, foundations, corporations, and institutional clients through a large network of advisors. The firm manages accounts primarily on a discretionary basis using model portfolios and combines fundamental and technical analysis, third-party sub-advisors, and customization tools while emphasizing fiduciary processes and regular client reviews.

Wealth management Tax-loss harvesting Options & derivatives strategies Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

Ryan O

CFP®, Series 63, Series 65

Sioux Falls, SD

CWM, LLC

Ryan Ovenden is a CFP® with 17 years of industry experience, currently serving as an advisor at CWM, LLC and Pinnacle Wealth since 2020. He previously worked at Freedom Financial Counseling, Inc. for eight years. Outside of his advisory work, he is the director of Camp Steward, where he designs exercise programs for high school runners during the summer and winter seasons. CWM, LLC is an SEC-registered investment adviser serving individuals, high-net-worth families, foundations, endowments, corporations, and institutional clients through a network of over 600 advisors. The firm offers portfolio management, financial planning, sub-advisory services, and retirement-plan solutions, employing both fundamental and technical analysis alongside third-party sub-advisors and customization tools.

Wealth management Tax-loss harvesting Options & derivatives strategies Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

Dylan R

Series 65

Sioux Falls, SD

CWM, LLC

Dylan Rudningen is a financial advisor at CWM, LLC with one year of industry experience. He holds a Series 65 designation and has prior experience at Pinnacle Wealth and Northwestern Mutual. Outside of his advisory work, Rudningen is involved in the hospitality sector through roles with Minnkota Hospitality and related businesses. CWM, LLC is an SEC-registered investment adviser serving a diverse client base including individuals, families, foundations, corporations, and institutions through a network of over 600 advisors. The firm offers a range of portfolio management and retirement-plan services, utilizing a discretionary management approach with model portfolios, third-party sub-advisors, and customization tools.

Wealth management Tax-loss harvesting Options & derivatives strategies Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
View complete list of advisors at this office
Warmer team member

Not sure where to start?

We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.

Find your advisor

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor’s Form ADV and do your own diligence before deciding whether to work with them.

Advisor matching and introductions are provided by FinanceHQ LLC (“FHQ”), a wholly-owned subsidiary of Warmer and an SEC-registered investment advisor. We receive compensation from certain participating advisors for introductions or referrals. This creates a conflict of interest because we have an incentive to recommend advisors who compensate us, including those who pay us more. You pay no fee to use our matching service, and advisor fees are not increased because of a referral or introduction. We do not review the ongoing performance of advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

By using our service, you agree to our Terms of Service and Advisory Agreement, and acknowledge our Privacy Policy. Please review FHQ’s ADV Part 2A and Form CRS. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. (“Warmer”)