Fjell Capital
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$180,222,213
Clients
202
Advisors
4
across 2 offices
About
Fjell Capital advises individual and high‑net‑worth clients as well as retirement plan sponsors, delivering integrated wealth management, standalone financial planning, and retirement plan advisory services. Its Bergen offering combines ongoing investment management with continuous financial planning, while BluePrint provides standalone planning engagements for clients who do not want an ongoing investment relationship.
Investment portfolios are managed through the tmrw Portfolio Series, a target‑date, model‑of‑models framework that blends active GARP equity exposure, ETF‑based and global equity sleeves, tax‑aware and total‑return fixed income allocations, periodic rebalancing, and tax‑loss harvesting. The firm may use separate account managers for fixed income and can include alternative investments for eligible clients, managing accounts on both discretionary and non‑discretionary bases.
Fjell is notable for applying a subscription‑style minimum recurring fee to new wealth‑management clients rather than relying solely on a pure AUM billing model, while also offering planning via one‑time flat fees or hourly engagements—an uncommon fee mix among its peers. The firm also manages ancillary accounts (including adviser‑managed variable annuities and education savings plans), uses SAMs for fixed‑income allocations, and discloses that some advisers are licensed insurance agents who may receive insurance commissions, which it identifies as a potential conflict and describes mitigation steps for.
Client services
Expertise
Occupation focus
Fee options
BluePrint flat fee for financial planning generally $5,000–$15,000, minimum $5,000
$0 - $750,000: 1.25% $750,000.01 - $1,750,000: 1.00% $1,750,000.01 - $2,750,000: 0.85% $2,750,000.01 - $5,000,000: 0.75% $5,000,000.01 - $7,500,000: 0.65% $7,500,000.01 - $15,000,000: 0.50% $15,000,000.01+: 0.40%
$500 per hour, billed in minimum 15-minute increments
Account minimum: $1,000,000 Minimum fee: $1,250 quarterly ($5,000 annually), may be waived at the Firm's discretion Fee-only: BluePrint flat fees $5,000–$15,000; hourly fees $500/hour
Main office
See office27 10th Street North
Fargo ND 58102
Advisors at this office
3
Offices (2)
Most active in
Arizona · California · Colorado · Minnesota · Nebraska · North Dakota · Texas
Also doing business as
Fjell Capital · Fjell Capital, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Keith G
CFA®
Phoenix, AZ
Fjell Capital
Keith Gregor is a CFA® charterholder based in Phoenix, AZ, with eight years of industry experience. He is currently with Fjell Capital and Drewett Works, and he founded Gregor Wealth Management LLC in 2019. In addition to his advisory work, Mr. Gregor owns a manufacturing company specializing in residential lighting fixtures. Fjell Capital serves individual and high-net-worth clients as well as retirement plan sponsors, offering integrated wealth management, standalone financial planning, and retirement plan advisory services. The firm employs a target-date, model-of-models investment approach and offers a mix of subscription-style fees and traditional billing models.
Jacob R
Series 65, Series 66
Fargo, ND
Fjell Capital
Jacob Radke is a financial advisor at Fjell Capital in Fargo, ND, holding Series 65 and Series 66 licenses with four years of industry experience. His prior roles include positions at Sanctuary Advisors LLC, Sanctuary Securities, Inc., and North Dakota State University. In addition to his advisory work, he undertakes woodworking projects as an independent contractor for Clearwater Creations. Fjell Capital provides wealth management, financial planning, and retirement plan advisory services to individual and high-net-worth clients as well as retirement plan sponsors. The firm employs a model-of-models investment approach through its tmrw Portfolio Series and offers a mix of subscription-style fees and flat or hourly planning fees.
Daniel S
CFP®, Series 65, Series 66
Fargo, ND
Fjell Capital
Daniel Schuster is a CFP®-designated financial advisor with eight years of industry experience. He is currently with Fjell Capital and previously worked at Sanctuary Wealth and UBS. Outside of finance, Schuster is active in the local music scene as a drummer and songwriter, performing with the indie-rock band Walking Phoenix and other musicians in the Fargo-Moorhead area. Fjell Capital provides integrated wealth management, financial planning, and retirement plan advisory services to individual and high-net-worth clients as well as retirement plan sponsors. The firm employs a model-based investment approach and offers a distinctive fee structure that includes subscription-style recurring fees and one-time planning engagements.
Thomas S
Series 65, Series 66
Fargo, ND
Fjell Capital
Thomas Stadum is a financial advisor at Fjell Capital with 13 years of industry experience. He holds Series 65 and Series 66 licenses and has previously worked at UBS Financial Services and Sanctuary Wealth. Outside of his advisory work, Stadum serves as treasurer for Burning Hearts Church and is a board member and fleet captain at Pelican Lake Yacht Club. Fjell Capital provides wealth management, financial planning, and retirement plan advisory services to individuals, high-net-worth clients, and retirement plan sponsors. The firm uses a model-of-models investment approach, blending active equity, ETF, fixed income, and alternative investments, and offers a range of fee arrangements including subscription-style wealth management and standalone planning engagements.
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