Private wealth management · Fargo, ND | Phoenix, AZ
Relentlessly pursuing your success.
Fiduciary-Based Wealth Management for sophisticated families interested in preserving and growing their wealth. We are fiercely loyal to our clients and strive to provide advice and solutions that maximize opportunity, mitigate risk, and compound tax efficiency.
Fargo, ND · Third generation · Since 1961
Custodian
Charles Schwab & Co.
Client assets are held at Charles Schwab, our independent custodian. Fees are always transparent.
Standard of care
Fiduciary duty, at all times
Our standard of care is simple, clients always come first, it’s the only way we work. We are held to the fiduciary standard at all times.
Longevity
Since 1961
Cliff Stadum was a founding broker at Piper, Jaffray and Sandler. Over 60 years later, through two generations, our firm has transformed itself. Our legacy leads us.
Philosophy
Modern Value Investors
We strongly believe in innovation, the US markets, and strive to invest in durable and innovative companies that provide consistent returns throughout market cycles.
Our work
A plan before a portfolio.
The plan is built from your numbers — income, tax position, the date you intend to stop working. Investments, planning, retirement projection, business sales, and the coordination with your CPA and attorney sit with one team, under one fee.
We help you turn your portfolio into strategy you can depend on, regardless of what is happening.
How we work
What we do
01
Portfolio management and trading
02
Ongoing financial planning and retirement income design
03
Tax strategy, coordinated with your CPA
04
Estate and beneficiary coordination with your attorney
05
Ongoing meetings, on a set cadence, and whenever life changes
Fit
Who our firm is built for.
A good fit
Your household holds roughly $1M to $15M in investable assets — or is about to, after a sale, a settlement or an inheritance.
You want one team accountable for the whole picture: investments, taxes, retirement math, and the coordination with your CPA and attorney.
You want an advisor who publishes the fee schedule, transparently answers questions, and values consistent communication.
Not a fit
You are looking for market calls, or a manager who claims to beat the market each year, chasing the latest trends.
You want transactions rather than a relationship. We plan in decades.
Your assets sit below the range the firm is built to serve.
The process
Three meetings. Then we do the work.
01
Intro call
Twenty minutes. You describe your situation, and we say plainly whether we are able to help.
02
Clarity conversation
A working session, not a sales meeting. We inventory what you hold, where it sits, what it costs you today, and what you need it to do.
03
Strategy session
You see the plan in full: the portfolio, the tax work, the retirement math and the fee. You decide. If you proceed, we handle the transfer.
The process, step by step
From our clients
In their words.
Fjell Capital provides such personalized care for my financial portfolio. I feel valued and respected as a client while we work together to achieve my financial goals.
Kassia W. · Current client
The Fjell team is exceptionally intelligent and approachable, always making me feel comfortable even when I don’t fully grasp the details.
Julie B. · Current client
As I near retirement, the Fjell team has helped me feel confident and less stressed about this new upcoming chapter in my life.
Greg R. · Current client
The testimonials were provided by current clients of Fjell Capital. These testimonials were selected from responses to the question: "What's one thing you love about working with Fjell Capital?" from Fjell's 2024 Annual Client Survey, which contained 11 questions in total. While these testimonials reflect genuine client experiences, they do not represent every client's experience. Fjell Capital has not provided any compensation for these testimonials.
The team
The people you will work with.
Our story, since 1961
Tom Stadum
Founder · Wealth Advisor
Jacob Radke
Partner · Wealth Advisor
Dan Schuster
Partner · Wealth Advisor
Keith Gregor
Partner · Wealth Advisor
Katie Morrow
Client Service Associate
Common questions
Answered plainly, before the first call.
Are you fiduciaries?
Yes, at all times. Fjell Capital, LLC is an SEC-registered investment adviser (CRD #327541), and we owe you a fiduciary duty on every recommendation. Verify us at adviserinfo.sec.gov.
What do you charge?
Where is my money held?
What's the minimum?
What happens on the first call?
Do I have to approve every trade?
Begin with a conversation.
Twenty minutes. You will leave with a clear next step, whether or not it is with us.
See if you are a fit
© 2026 Fjell Capital, LLC