Fargo, ND logo

Fargo, ND Office

Team
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Fjell Capital logo

Fjell Capital

Supported

Firm-wide stats for Fjell Capital

Total advisors

4

Across 2 offices

Clients per advisor

51 Typical

Avg AUM per client

$892,189 Typical

HNW client ratio

24% Typical

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.

Based on Fjell Capital

Expertise

Tax-loss harvesting Private / alternative investments Concentrated stock management College savings (529s, UTMA, etc.) Retirement plans for business owners (SEP, solo 401k)

Based on Fjell Capital

Occupation focus

Founder/Business Owner Executive

Based on Fjell Capital

Location

27 10th Street North

Fargo ND 58102

Advisors at this office

3

Advisors at this office

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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.

Tax-loss harvesting Private / alternative investments Concentrated stock management College savings (529s, UTMA, etc.) Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

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.

Tax-loss harvesting Private / alternative investments Concentrated stock management College savings (529s, UTMA, etc.) Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

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.

Tax-loss harvesting Private / alternative investments Concentrated stock management College savings (529s, UTMA, etc.) Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
View complete list of advisors at this office
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