{ "crd_number": 133038, "slug": "allen-wealth-management-llc-boone-nc-133038", "primary_business_name": "ALLEN WEALTH MANAGEMENT, LLC", "legal_name": "ALLEN WEALTH MANAGEMENT, LLC", "dbas": [], "city": "Boone", "state": "NC", "country": "United States", "cbsa_code": "14380", "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2005-06-20", "years_registered": 21, "period": "2026-10-01", "filing_date": "2026-01-29", "carried_forward": false, "raum_total": 664325517.0, "raum_discretionary": 523442901.0, "raum_non_discretionary": 140882616.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 7, "advisory_employees": 4, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 4872890.0, "count": 9 }, "individuals": { "raum": 213984464.0, "count": 900 }, "high_net_worth_individuals": { "raum": 445468163.0, "count": 199 } }, "compensation_types": [ "hourly", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "portfolio_management_individuals" ], "wrap_fee_participant": true, "disclosure_yes_count": 0, "states_registered": [ "FL", "GA", "LA", "MS", "NC", "NE", "OH", "SC", "TN", "TX", "VA" ], "websites": [ "https://allenwealthmanagement.com", "https://linkedin.com/company/allen-wealth-management" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/133038", "city_as_filed": "BOONE", "url": "https://advisorcensus.com/firm/allen-wealth-management-llc-boone-nc-133038", "display_name": "Allen Wealth Management, LLC", "summary": "Allen Wealth Management, LLC is an SEC-registered investment advisory firm in Boone, NC, registered since 2005, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated January 29, 2026.", "citation": "AdvisorCensus. Allen Wealth Management, LLC (CRD 133038): 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" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses" ], "quick_answers": [ { "q": "How is Allen Wealth Management, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Allen Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges." }, { "q": "Where is Allen Wealth Management, LLC located?", "a": "Allen Wealth Management, LLC's principal office is in Boone, NC, according to its Form ADV." }, { "q": "Is Allen Wealth Management, LLC registered with the SEC or a state?", "a": "Allen Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 133038." }, { "q": "How much does Allen Wealth Management, LLC manage?", "a": "Allen Wealth Management, LLC reports $664,325,517 in regulatory assets under management in its Form ADV filing dated January 29, 2026 (79% discretionary)." }, { "q": "How have Allen Wealth Management, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Allen Wealth Management, LLC: Regulatory assets under management: $350,269,054 in the October 2021 data and $664,325,517 in the October 2026 data, up 90%. Total employees: 6 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Allen Wealth Management, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (900); high net worth individuals (199); charitable organizations (9)." }, { "q": "Which custodians does Allen Wealth Management, LLC use?", "a": "Allen Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James & Associates, Inc. and Raymond James Trust Company of NH as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Allen Wealth Management, LLC report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/133038" }, { "q": "What changed in Allen Wealth Management, LLC's recent Form ADV filings?", "a": "In the February 2026 filing data: Employees performing advisory functions went from 3 to 4. Regulatory assets under management went from $553,948,253 to $664,325,517 (+20%). Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 350269054.0, "total_employees": 6, "filing_date": "2021-03-24" }, { "period": "2022-10-01", "regulatory_assets_under_management": 369631321.0, "total_employees": 6, "filing_date": "2022-08-19" }, { "period": "2023-10-01", "regulatory_assets_under_management": 382320441.0, "total_employees": 7, "filing_date": "2023-01-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 478457556.0, "total_employees": 7, "filing_date": "2024-07-18" }, { "period": "2025-10-01", "regulatory_assets_under_management": 553948253.0, "total_employees": 7, "filing_date": "2025-07-22" }, { "period": "2026-10-01", "regulatory_assets_under_management": 664325517.0, "total_employees": 7, "filing_date": "2026-01-29" } ], "recent_changes": [ { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "Employees performing advisory functions went from 3 to 4.", "Regulatory assets under management went from $553,948,253 to $664,325,517 (+20%).", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Raymond James & Associates, Inc.", "name_as_filed": "RAYMOND JAMES & ASSOCIATES, INC.", "affiliated": false }, { "name": "Raymond James Trust Company of NH", "name_as_filed": "RAYMOND JAMES TRUST COMPANY OF NH", "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/allen-wealth-management-llc-boone-nc-133038.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 900, "fewer_than_5": false, "raum": 213984464.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 199, "fewer_than_5": false, "raum": 445468163.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 9, "fewer_than_5": false, "raum": 4872890.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "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/133038", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }