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SilverOak Wealth Management
SilverOak Wealth Management was founded in 1999 by Shannon King and Kathy Nelson. The firm expanded from individual advisory practices into a multi-family...
SilverOak Wealth Management
SilverOak Wealth Management was founded in 1999 by Shannon King and Kathy Nelson. The firm expanded from individual advisory practices into a multi-family office serving multiple high-net-worth families. It maintains a fee-only model focused on financial planning, tax strategies, and estate structuring. The firm holds only liquid assets such as mutual funds, ETFs, and individual securities. It maintains no exposure to private equity, hedge funds, real estate, or other illiquid vehicles. Public equity positions include holdings in 3M, Meta Platforms, and H.B. Fuller. All activity remains within North America. The firm employs certified financial planners and CPAs. It maintains relationships with custodians including Charles Schwab and legal counsel Faegre Drinker Biddle & Reath. Shannon King serves on the board of the Children's Minnesota Foundation. December 2025 sponsorship of Toys for Tots volunteering occurred in Minneapolis. SilverOak maintains membership in the Financial Planning Association and the American Institute of Certified Public Accountants. These affiliations support its focus on fiduciary standards and generational planning without external fund commitments.
General information
Firm type
Multi Family Office
Year founded
1999
AUM
1516 (Altss estimate)
Location
Region
North America
Country
United States
City
Edina
Corporate office
3600 Minnesota Drive, Suite 860, Edina, MN 55435
Principals
Shannon King
President, Partner, and Chief Compliance Officer
Altss tracks 2 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
Who runs investment decisions at SilverOak Wealth Management?
Shannon King serves as president, partner, and chief compliance officer. Kathy Nelson acts as founding partner. Jonathan Scharlau serves as partner and fiduciary wealth advisor.
Does SilverOak Wealth Management participate in fund commitments or only direct deals?
The firm holds only high-quality liquid investments. It maintains no commitments to private equity, hedge funds, or other illiquid vehicles.
What investment stages does SilverOak Wealth Management typically target?
The firm targets liquid public market securities and ETFs. It excludes private equity, venture capital, and alternative structures.
Where does the underlying wealth come from?
The firm grew from the fee-only advisory practices of its founding partners. No specific family wealth origin is publicly disclosed.
Does SilverOak Wealth Management maintain philanthropic structures, and how are they separated?
The firm partners with Children's Minnesota Foundation. Shannon King serves on the foundation board and chairs the Legacy Advisors group. Client donor-advised funds are handled separately through The Minneapolis Foundation.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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