AdvisorCensus / Financial advisors / Iowa / Des Moines / AO Wealth Advisory
AO Wealth Advisory
Filed as AO WEALTH ADVISORY · Legal name A.O. Wealth Advisory,llc
AO Wealth Advisory is an SEC-registered investment advisory firm in Urbandale, IA, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 10, 2026.
Quick answers
From the filingHow is AO Wealth Advisory compensated?
On its Form ADV (Item 5.E, October 2026), AO Wealth Advisory reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
Where is AO Wealth Advisory located?
AO Wealth Advisory's principal office is in Urbandale, IA, according to its Form ADV.
Is AO Wealth Advisory registered with the SEC or a state?
AO Wealth Advisory is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 288301.
How much does AO Wealth Advisory manage?
AO Wealth Advisory reports $213,203,341 in regulatory assets under management in its Form ADV filing dated February 10, 2026 (94% discretionary).
How have AO Wealth Advisory's assets and staff changed since 2021?
In the Form ADV data for AO Wealth Advisory: Regulatory assets under management: $100,498,343 in the October 2021 data and $213,203,341 in the October 2026 data, up 112%. Total employees: 2 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does AO Wealth Advisory serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (238); high net worth individuals (60); pension and profit sharing plans (but not the plan participants or government pension plans) (13).
Which custodians does AO Wealth Advisory use?
AO Wealth Advisory'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.
Does AO Wealth Advisory report any disciplinary disclosures?
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/288301
Does AO Wealth Advisory state an account minimum?
Its Form ADV Part 2A brochure dated February 10, 2026 says: "All fees are negotiable and there are no account minimums." "There is not a required minimum account size."
What changed in AO Wealth Advisory's recent Form ADV filings?
In the March 2026 filing data: Employees performing advisory functions went from 3 to 4. Regulatory assets under management went from $174,164,780 to $213,203,341 (+22%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: None (the brochure says it may be waived or negotiated)
The brochure's wording
All fees are negotiable and there are no account minimums.
There is not a required minimum account size.
As stated in the firm's Form ADV Part 2A brochure dated February 10, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$213,203,341 as of October 2026, filing dated February 10, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Educational seminars/workshops
Registration and firm details
Items 1, 2, 5- Legal name
- A.O. Wealth Advisory,llc
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2021 (5 years)
- Employees
- Total: 7. Performing investment advisory functions: 4.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
2 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $213,203,341 | 7 | February 10, 2026 |
| October 2025 | $174,164,780 | 3 | July 18, 2025 |
| October 2024 | $146,749,163 | 3 | March 14, 2024 |
| October 2023 | $121,445,030 | 3 | February 17, 2023 |
| October 2022 | $126,275,023 | 2 | May 26, 2022 |
| October 2021 | $100,498,343 | 2 | March 8, 2021 |
Regulatory assets under management: $100,498,343 in the October 2021 data and $213,203,341 in the October 2026 data, up 112%.
Total employees: 2 in October 2021 and 7 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- March 2026
- Employees performing advisory functions went from 3 to 4.
- Regulatory assets under management went from $174,164,780 to $213,203,341 (+22%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. AO Wealth Advisory (CRD 288301): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/ao-wealth-advisory-urbandale-ia-288301