Single Family OfficeRIA · CRD 114798SEC-Registered

Updated:

William R. Scheel, Investment Adviser

William R. Scheel, Investment Adviser is the single-family office for the Scheel family, managing capital from Scheels All Sports.

William R. Scheel, Investment Adviser

The advisory firm registered with the SEC as an investment adviser under the name 'William R. Scheel, Investment Adviser.' William R. Scheel is a member of the family behind Scheels All Sports, a major US sporting goods chain headquartered in Fargo, North Dakota, with over 30 stores across 13 states. The firm's investment activity is not publicly documented, but available public records suggest it manages wealth tied to the Scheel family. The office likely allocates capital across a diversified mix of asset classes, including public equities, fixed income, and direct holdings. No named portfolio companies or co-investors have been identified via public sources. The geographic footprint is primarily US-based, centered in the Midwest, given the family business's regional base. No additional offices, professionals count, or adjacent philanthropic vehicles are publicly recorded. No dated operational event from the last 24 months has been identified. The firm's structural differentiator is its status as a registered investment adviser explicitly linked to a single multigenerational family business, providing professionalized wealth management while maintaining private ownership discretion.

General information

Firm type

Single Family Office

Year founded

AUM

Undisclosed

Location

Region

Country

City

Corporate office

Frequently asked questions

Who controls investment decisions at William R. Scheel, Investment Adviser?

William R. Scheel is the named principal and likely controls investment decisions. As a registered investment adviser, the firm is subject to fiduciary standards, but details on its investment committee are not public.

How is William R. Scheel, Investment Adviser related to Scheels All Sports?

The firm manages wealth connected to the Scheel family, which owns Scheels All Sports, the US sporting goods retailer founded in 1902. William R. Scheel is a family member, based on public records of business filings and family ownership.

What asset classes does the firm invest in?

Specific asset classes have not been disclosed. However, typical family offices with wealth from retail businesses invest in publicly traded securities, fixed income, and direct holdings. This firm appears to follow a diversified private management strategy.

Is the firm open to external investors?

The firm is registered as an investment adviser but its public profile does not suggest it solicits outside capital. It appears to act solely for the Scheel family, consistent with a single-family office model.

Where does the underlying wealth come from?

The underlying wealth originates from the Scheel family's ownership of Scheels All Sports, the sporting goods chain founded in Sabin, Minnesota, in 1902. The firm manages this multigenerational fortune.

Profile maintained by 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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