Cliftonlarsonallen Wealth Advisors, LLC

Registered investment adviser · Minneapolis, MN · CRD #38357

Form ADV data as of 2026-09-01

Regulatory assets

$14.43 billion

Total accounts

23,169

Employees

158

Disclosure events

Firm details

Website: http://www.claconnect.com
Telephone: 612-376-4777
SEC file number: 801-57242
Most recent Form ADV filing: 2026-03-31
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 2 disclosure questions answered Yes, covering 2 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Another regulator found a violation of investment-related regulations or statutes
Another regulator entered an order in connection with investment-related activity (past 10 years)

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$8.72 billion
Non-discretionary regulatory assets under management	$5.70 billion
Total regulatory assets under management	$14.43 billion
Discretionary accounts	15,906
Non-discretionary accounts	7,263
Total accounts	23,169
Regulatory assets under management attributable to non-U.S. persons	$3.4 million

People

Total employees (excluding clerical)	158
Employees performing investment advisory functions (including research)	81
Employees who are registered representatives of a broker-dealer	75
Employees registered as investment adviser representatives with a state	94
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	13
Firms or persons who solicit advisory clients on the firm's behalf	0

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
A related person has custody of client cash or bank accounts	Yes
A related person has custody of client securities	Yes
Client funds and securities held in a related person's custody	$122.8 million
Clients for whom a related person has custody	41
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	1

How the firm is compensated

A percentage of assets under managementHourly chargesFixed fees (other than subscription fees)

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Educational seminars/workshops

Other business activities

Broker-dealer (registered or unregistered)Insurance broker or agentOther financial product salesperson

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Accountant or accounting firmInsurance company or agencyPension consultant

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys or sells for itself securities it also recommends to clients
Recommends brokers or dealers to clients
Receives soft dollar benefits

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	4,202	$1.21 billion
High net worth individuals	2,348	$10.13 billion
Pension and profit sharing plans (not the participants or government plans)	159	$1.93 billion
Charitable organizations	307	$247.4 million
Corporations or other businesses not listed above	338	$910.6 million