Erik M. Herstad

CX INSTITUTIONAL

Auburn, IN 46706

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CRD#: 6313959

Professional summary

Erik Martin Herstad, who also goes by Erik Martin Herstand, is a registered financial advisor currently at CX INSTITUTIONAL, LLC located in Auburn, Indiana.

Erik is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2014. Erik has worked at 6 firms and has passed the Series 63, Series 65, SIE and Series 6 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Erik Martin Herstand

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

11/15/2018 - No Business Name - Not Investment Related - At Reported Business Location(s) - Other-Notary - Started 11/05/2018 - 1 Hour Per Month/0 Hours During Securities Trading.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Erik Martin Herstad's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

March 29, 2018 - Present

CX INSTITUTIONAL, LLC

Office #1: 200 East 7th Street, Auburn, IN 46706

RIA

CRD#: 292627

Auburn, IN

Past

May 17, 2019 - September 22, 2020

CXI ADVISORS, LLC

RIA

CRD#: 301321

AUBURN, IN

Past

January 15, 2016 - August 15, 2018

HEFTY WEALTH PARTNERS

RIA

CRD#: 153880

AUBURN, IN

Past

January 5, 2016 - July 16, 2020

LPL FINANCIAL LLC

CRD#: 6413

AUBURN, IN

Past

June 26, 2014 - October 28, 2015

CONCOURSE FINANCIAL GROUP SECURITIES, INC.

CRD#: 15708

FORT WAYNE, IN

Past

April 3, 2014 - October 12, 2015

EVERENCE TRUST COMPANY

RIA

CRD#: 113179

FORT WAYNE, IN

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

CX INSTITUTIONAL, LLC

CREDENT WEALTH MANAGEMENT | CX WEALTH DIRECT | CX INSTITUTIONAL, LLC

CRD#: 292627 / SEC#: 801-112742

RIA

Registered Investment Advisory firm - (3/1/2018 Approved)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

Highlighted states indicate IAR registrations

IAR

Indiana
(3/29/2018)

IAR

Texas
(8/4/2020)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

Series 63

Date: 7/8/2014

Uniform Securities Agent State Law Examination

State Security Law Exam

IAR

Series 65

Date: 4/3/2014

Uniform Investment Adviser Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 6

Date: 6/26/2014

Investment Company Products/Variable Contracts Representative Examination

Current Firm

CX INSTITUTIONAL, LLC

CREDENT WEALTH MANAGEMENT | CX WEALTH DIRECT | CX INSTITUTIONAL, LLC

CRD#: 292627 / SEC#: 801-112742

RIA

Registered Investment Advisory firm - (3/1/2018 Approved)

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Contact information

Main Address

200 East 7th Street, Auburn, IN 46706

Mailing Address

Phone number

(260) 927-1830

Established

Firm type

Fiscal year end

# of Employees

106

SEC notice filing (42 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

WRAP FEE BROCHURE (10/14/2025)

ADV PART 2A (10/14/2025)

Regulatory assets under management

Total Number of Accounts	14,284
AUM (Assets Under Management)	$ 4,121,239,331

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Advisor Monitoring

Firm Stability Insights

Erik M. Herstad

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Erik Martin Herstad's CRS (Customer Relationship Summary).

Certified licenses

Experience

CXI ADVISORS, LLC

HEFTY WEALTH PARTNERS

LPL FINANCIAL LLC

CONCOURSE FINANCIAL GROUP SECURITIES, INC.

EVERENCE TRUST COMPANY

Primary Firm SEC Registration

CX INSTITUTIONAL, LLC

State Registrations and Notice Filings

Exams

Series 63

Date: 7/8/2014

Series 65

Date: 4/3/2014

SIE

Date: 10/1/2018

Series 6

Date: 6/26/2014

Current Firm

CX INSTITUTIONAL, LLC

Contact information

SEC notice filing (42 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

CX INSTITUTIONAL, LLC

TRUST BUT VERIFY

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