{ "crd_number": 284438, "slug": "advanced-wealth-management-sarasota-fl-284438", "primary_business_name": "ADVANCED WEALTH MANAGEMENT", "legal_name": "ADVANCED WEALTH MANAGEMENT, LLC", "dbas": [ "BOUTIQUE FAMILY OFFICE" ], "city": "Sarasota", "state": "FL", "country": "United States", "cbsa_code": "35840", "metro": { "cbsa_code": "35840", "common_name": "North Port", "msa_name": "North Port-Bradenton-Sarasota, FL", "path": "/advisors/fl/north-port" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2026-07-01", "years_registered": 0, "period": "2026-10-01", "filing_date": "2026-08-17", "carried_forward": false, "raum_total": 110740116.0, "raum_discretionary": 110740116.0, "raum_non_discretionary": 0.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 4, "advisory_employees": 3, "client_count_bucket": null, "clients_by_type": { "individuals": { "raum": 58038895.0, "count": 137 }, "high_net_worth_individuals": { "raum": 52701221.0, "count": 31 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "educational_seminars", "financial_planning", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 1, "states_registered": [ "FL", "NH", "TX" ], "websites": [ "https://awmfl.com", "https://bfocfo.com", "https://boutiquefamilyofficecfo.com", "https://facebook.com/advancedwealthmanagementllc", "https://instagram.com/awmfl", "https://linkedin.com/company/advanced-wealth-management", "https://youtube.com/@awmfl" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/284438", "disclosure_items": [ { "item": "11.D(2)", "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?" } ], "city_as_filed": "SARASOTA", "url": "https://advisorcensus.com/firm/advanced-wealth-management-sarasota-fl-284438", "display_name": "Advanced Wealth Management", "summary": "Advanced Wealth Management is an SEC-registered investment advisory firm in Sarasota, FL, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 17, 2026.", "citation": "AdvisorCensus. Advanced Wealth Management (CRD 284438): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Selection of other advisers (including private fund managers)", "Educational seminars/workshops" ], "quick_answers": [ { "q": "How is Advanced Wealth Management compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Advanced Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)." }, { "q": "Where is Advanced Wealth Management located?", "a": "Advanced Wealth Management's principal office is in Sarasota, FL, according to its Form ADV." }, { "q": "Is Advanced Wealth Management registered with the SEC or a state?", "a": "Advanced Wealth Management is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 284438." }, { "q": "How much does Advanced Wealth Management manage?", "a": "Advanced Wealth Management reports $110,740,116 in regulatory assets under management in its Form ADV filing dated August 17, 2026 (100% discretionary)." }, { "q": "What types of clients does Advanced Wealth Management serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (137); high net worth individuals (31)." }, { "q": "Which custodians does Advanced Wealth Management use?", "a": "Advanced Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Advanced Wealth Management report any disciplinary disclosures?", "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/284438" }, { "q": "Does Advanced Wealth Management state an account minimum?", "a": "Its Form ADV Part 2A brochure dated August 17, 2026 says: \"AWM requires a minimum account size of $500,000 to open an advisory account. AWM may waive or reduce this minimum in its discretion based on the client’s relationship to existing clients, household or family relationship, personal circumstances, or other factors approved by the Firm.\"" }, { "q": "What changed in Advanced Wealth Management's recent Form ADV filings?", "a": "In the September 2026 filing data: Registered or notice-filed in NH, TX." } ], "filing_history": [], "recent_changes": [ { "period": "2026-09-01", "period_label": "September 2026", "notes": [ "Registered or notice-filed in NH, TX." ] }, { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Newly registered with the SEC." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated August 17, 2026", "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "$500,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: $500,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "AWM requires a minimum account size of $500,000 to open an advisory account. AWM may waive or reduce this minimum in its discretion based on the client’s relationship to existing clients, household or family relationship, personal circumstances, or other factors approved by the Firm." ] } ], "quotes": [ "AWM requires a minimum account size of $500,000 to open an advisory account. AWM may waive or reduce this minimum in its discretion based on the client’s relationship to existing clients, household or family relationship, personal circumstances, or other factors approved by the Firm." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/advanced-wealth-management-sarasota-fl-284438.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 137, "fewer_than_5": false, "raum": 58038895.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 31, "fewer_than_5": false, "raum": 52701221.0 } ], "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.", "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/284438", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }