# Applied Financial Wisdom

> Applied Financial Wisdom is an SEC-registered investment advisory firm in Rapid City, SD, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 9, 2026.

- CRD: 164428
- Filed as: APPLIED FINANCIAL WISDOM
- Legal name: Alliance of Wealth Advisors, LLC
- Also doing business as: APPLIED FINANCIAL WISDOM
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Rapid City, SD
- Filing period: October 2026
- Form ADV filing dated: March 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164428
- AdvisorCensus page: https://advisorcensus.com/firm/applied-financial-wisdom-rapid-city-sd-164428

## Quick answers

**How is Applied Financial Wisdom compensated?**
On its Form ADV (Item 5.E, October 2026), Applied Financial Wisdom reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**What does Applied Financial Wisdom's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 9, 2026 states: Asset-based fee: up to 3% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Applied Financial Wisdom located?**
Applied Financial Wisdom's principal office is in Rapid City, SD, according to its Form ADV.

**Is Applied Financial Wisdom registered with the SEC or a state?**
Applied Financial Wisdom is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 164428.

**How much does Applied Financial Wisdom manage?**
Applied Financial Wisdom reports $130,250,000 in regulatory assets under management in its Form ADV filing dated March 9, 2026 (69% discretionary).

**What types of clients does Applied Financial Wisdom serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (150); high net worth individuals (1); corporations or other businesses not listed above (1).

**Which custodians does Applied Financial Wisdom use?**
Applied Financial Wisdom's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Applied Financial Wisdom 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/164428

**Does Applied Financial Wisdom state an account minimum?**
Its Form ADV Part 2A brochure dated March 9, 2026 says: "Our firm does not impose an account minimum. We believe that every investor, large or small, deserves unbiased, uninfluenced, professional management services."

**What changed in Applied Financial Wisdom's recent Form ADV filings?**
In the February 2026 filing data: Newly registered with the SEC.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 9, 2026)

- Asset-based fee: up to 3% of assets a year (the maximum the brochure states)

> AFW charges clients a management fee ranging up to 3.00% per annum, collected quarterly in advance based on the fair market value of the assets in the account at the close of business on the last day of the previous quarter.

- Account minimum: None

> Our firm does not impose an account minimum. We believe that every investor, large or small, deserves unbiased, uninfluenced, professional management services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- LPL Financial LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $130,250,000
- Discretionary: $90,250,000
- Non-discretionary: $40,000,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 150 | $85,000,000 |
| High net worth individuals | 1 | $45,000,000 |
| Corporations or other businesses not listed above | 1 | $250,000 |

### 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
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2026 (0 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, KS, MD, NH, PA, SD, TX, VA, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- appliedfinancialwisdom.com
- Facebook @APPLIEDFINANCIALWISDOM
- LinkedIn @chris-ruspi-cfp-96aa847b
- X @AFWISDOM
- YouTube @UCDp41iH7mZUksaJckMfAULA

## Changes in the filing (last 12 months)

### February 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Applied Financial Wisdom (CRD 164428): Form ADV filing data as of October 2026.