Alternative Investment Advisors, Llc
- Regulatory AUM
- $386M
- Discretionary
- $375M
- Clients
- 1,424
- Avg AUM / client
- $271K
- Accounts
- 2,817
- Employees
- 15
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 1,349 | $251M | 65.0% |
| High net worth individuals | 69 | $125M | 32.3% |
| Pension and profit sharing plans | 6 | $10.4M | 2.7% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Sioux Nation 401(k) Plan Sioux Nation Holdings, Inc. | 2024 | |
| Hefty Seed Company 401(k) Plan And Trust Agronomy Sciences, Llc Dba Hefty Seed Company | 2024 |
People (11)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Jeffrey Michael Skraban | Managing Member | Sep 2013 (13y) | 50% – 75% | |
| Thomas Hood | Managing Member, Chief Compliance Officer | Jul 2017 (9y) | 50% – 75% | |
| Travis Mark Krueger | Registered representative | Sep 2013 (13y) | ||
| Dwight Lee Dykstra | Registered representative | Chartered Financial Consultant | Oct 2013 (13y) | |
| Michael Gerald Teslow | Registered representative | Oct 2017 (9y) | ||
| Braden Lee Smidt | Registered representative | Jul 2018 (8y) | ||
| Mark Alan Kontz | Registered representative | Jul 2019 (7y) | ||
| Eric Hultgren | Registered representative | Jun 2022 (4y) | ||
| Lida Rose Phillips | Registered representative | Oct 2023 (3y) | ||
| Kathryn Grace Tietjen | Registered representative | Nov 2024 (2y) | ||
| Ryan Christopher Wilhelm | Registered representative | Apr 2025 (1y) |
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (2)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Sioux Nation 401(k) Plan | Sioux Nation Holdings, Inc. | 83 | $4.4M | 01/01/2024 |
| Hefty Seed Company 401(k) Plan And Trust | Agronomy Sciences, Llc Dba Hefty Seed Company | 194 | $21.1M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 1.12 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: MR. DYKSTRA PARTICIPATED IN PROMISSORY NOTE SECURITIES TRANSACTIONS. FINRA DEEMED THE ACTIVITY OUTSIDE THE REGULAR COURSE AND SCOPE OF HIS EMPLOYMENT WITH VBS, WHICH INCLUDED PERSONALLY INVESTING IN THE MEMBERSHIP INTEREST BEING SOLD. Status: Final Sanction Detail: MR. DYKSTRA IS SUSPENDED FROM ASSOCIATION WITH ANY FINRA MEMBER IN ALL CAPACITIES FOR ONE YEAR. THE SUSPENSION IN ALL CAPACITIES WILL BE IN EFFECT FROM OCTOBER 19, 2020 THROUGH OCTOBER 18, 2021. IN ACCORDANCE WITH FINRA RULE 8311 MR. DYKSTRA IS PROHIBITED FROM CONDUCTING A SECURITIES' BUSINESS DURING THE SUSPENSION PERIOD. IN ADDITION, MR. DYKSTRA RECEIVED A $10,000 FINE; AND DISGORGEMENT OF COMMISSIONS RECEIVED IN THE AMOUNT OF $67,500, PLUS INTEREST. Summary: IN OCTOBER 2018, WHILE REGISTERED THROUGH VISION BROKERAGE SERVICES, CRD # 47927, MR. DYKSTRA PARTICIPATED IN PRIVATE SECURITIES TRANSACTIONS WITHOUT PROVIDING APPROPRIATE PRIOR WRITTEN NOTICE TO HIS FIRM, IN VIOLATION OF FINRA RULES 3280 AND 2010.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Educational seminars/workshops
Custody
Reported custodians
- Charles Schwab & Co. $375M (97% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗