Lyle Harold Gerhardson

Employer firm

Cetera Investment Advisers LLC CRD 105644

$257B regulatory AUM 24,019 advisory clients

Reported services (Item 5G)

• Financial planning
• Portfolio management (individuals)
• Portfolio management (institutions)
• Pension consulting
• Selection of other advisers
• Educational seminars

From the firm’s Form ADV. Read the guides:

• Item 5F — Regulatory AUM
• Item 5G — Advisory services
• Full firm profile

Current Employers

Employment History

• 07/2007 → 10/2019
  1St Global Capital Corp
  Plymouth, MN
• 10/2007 → 10/2019
  1St Global Advisors, Inc.
  Plymouth, MN
• 01/2008 → Present
  Gerhardson Warner & Wehmhoff Cpas, Ltd.
  Plymouth, MN
• 05/2008 → 09/2025
  Avantax Insurance Services, Inc.
  Plymouth, MN
• 04/2016 → Present
  Rgw Wealth Management, Llc
  Plymouth, MN
• 10/2019 → 09/2025
  Avantax Advisory Services
  Plymouth, TX
• 10/2019 → 09/2025
  Avantax Investment Services, Inc.
  Pymouth, MN
• 12/2007 → 09/2025
  Avantax Insurance Agency And/Or Avantax Insurance Services
  Plymouth, MN
• 01/2024 → Present
  Gmw Cpa Advisors, Pllc
  Plymouth, MN
• 09/2025 → Present
  Cetera Wealth Services, Llc
  Spicer, MN
• 09/2025 → Present
  Cetera Investment Advisers Llc
  Schaumburg, IL

Previous Registrations

• 2019-10-25 → 2025-09-05
  Avantax Advisory Services
  Spicer, MN
  Plymouth, MN
  Spicer, MN
• 2013-12-16 → 2019-10-25
  1St Global Advisors Inc
  Plymouth, MN
  Plymouth, MN

Other Businesses

1) NEW LONDON SPICER SCHOOL POSITION: Football sideline chain crew NATURE: Run the sideline chain at the football game. INVESTMENT RELATED: Yes NUMBER OF HOURS: 0 SECURITIES TRADING HOURS: 0 START DATE: 10/05/2018 ADDRESS: 101 4th Ave SW, New London MN 56273, DESCRIPTION: Hold a marker hooked to a chain. 2) G&W FINANCIAL, LLC POSITION: 50% Owner/Member/Manager NATURE: Financial Services Entity - Marketing INVESTMENT RELATED: Yes NUMBER OF HOURS: 1 SECURITIES TRADING HOURS: 0 START DATE: 09/30/2007 ADDRESS: 9800 Shelard Parkway, Suite 330, Plymouth MN 55441, DESCRIPTION: I am in the process of using RGW Wealth Management, LLC as our main marketing business. G&W Financial, LLC will be slowing closing down. I will update when we no longer are using G&W Financial, LLC. 3) RGW WEALTH MANAGEMENT, LLC POSITION: Owner/Financial Advisor/Member NATURE: Co-Marketing for Financial Advising. INVESTMENT RELATED: No NUMBER OF HOURS: 120 SECURITIES TRADING HOURS: 2 START DATE: 04/06/2016 ADDRESS: 9800 Shelard Parkwway, Suite330, Plymouth MN 55441, United States DESCRIPTION: Create marketing/entity that allows the advisors to use one name brand for financial services. 4) GMW CPA ADVISORS, PLLC POSITION: Member/Director NATURE: CPA firm that does tax preparation, tax planning, bookkeeping, payroll. INVESTMENT RELATED: No NUMBER OF HOURS: 120 SECURITIES TRADING HOURS: 120 START DATE: 01/01/2024 ADDRESS: 9800 Shelard Parkway, Ste 330, Plymouth MN 55441, United States DESCRIPTION: CPA Tax Preparation Tax Planning Small Business consulting CPA firm bookkeeping/management

Exams

• S66 Uniform Combined State Law Examination
  2007-10-02