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Fjell Capital

Fjell Capital. CRD 327541

F

CRD: 327541

Fjell Capital

$187.0M Total AUM
$184.0M Disc. AUM
-- 3Y CAGR
4 Employees
212 ADV. Clients
3 yrs Firm Age

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Firm Details

Custodian
Ascensus · Capital Group · Charles Schwab & Company
Clients
Retail and Institutional
Established Date
08-15-2023
Office Locations
1

Office Locations

27 10th Street North Fargo ND

About Fjell Capital

Fjell Capital is an independent, employee-owned fiduciary advisory firm based in Fargo, ND, serving high net worth families with personalized investment management and planning focused on growing, protecting, and transferring wealth. The team publishes the weekly tmrw newsletter (23,000+ readers) and hosts live Wealth Workshops with market and wealth insights. Named to Citywire’s 2024 50 Growers Across America list.

Reported data analysis

What the numbers show

Between October 7, 2025 and April 16, 2026, reported AUM increased 19.0%, from $157.2M to $187.0M.

Across 4 reported observations, AUM increased 76.3% between December 12, 2023 and April 16, 2026, from $106.1M to $187.0M.

Of the latest reported AUM, 98.4% is discretionary and 1.6% is non-discretionary.

The firm reports 3 advisory representatives and 212 clients, or 70.7 clients per representative. That equates to $882.2K in reported AUM per client.

The profile lists 1 reported office location and 3 years in operation. The source data was last updated on April 16, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

25 AVG AGE
$62.3M AVG AUM / ADVISOR
$882.2K AVG AUM / CLIENT
3 yrs AVG TENURE
4 Employees
3 Advisory Reps
3 RIA Reps
3yrs Firm Age

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Available data coverage

  • Asset Classes
  • Client Personas
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Platform
  • Services
  • Technology

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Owner & Executives

THOMAS MARTIN STADUM

THOMAS MARTIN STADUM

Chief Compliance Officer, Chief Executive Officer, Founder

CRD
#6147083
Ownership
75% or more
Jacob Bill Radke

Jacob Bill Radke

Director

CRD
#7379711
Ownership
Less than 5%

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Contacts

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
12-12-2023
09-20-2024
10-07-2025
04-16-2026
Category Assets AVG. Account size
Discretionary $183,980,084 $287,469
Non-Discretionary $3,046,547 $217,611
Total $187,026,631 $285,973

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Separately Managed Accounts

SMA allocation detail is available

Fjell Capital has reported separately managed account data across 4 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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13F Holdings | Q2 2026

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Fjell Capital's 13F holdings detail is available for Q2 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.

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