# Assembly Wealth

> Assembly Wealth is an SEC-registered investment advisory firm in Mill Valley, CA, registered since 2000, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 108834
- Filed as: ASSEMBLY WEALTH
- Legal name: Wrapmanager Inc
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Mill Valley, CA
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/108834
- AdvisorCensus page: https://advisorcensus.com/firm/assembly-wealth-mill-valley-ca-108834

## Quick answers

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

**Where is Assembly Wealth located?**
Assembly Wealth's principal office is in Mill Valley, CA, according to its Form ADV.

**Is Assembly Wealth registered with the SEC or a state?**
Assembly Wealth is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 108834.

**How much does Assembly Wealth manage?**
Assembly Wealth reports $336,736,592 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Assembly Wealth's assets and staff changed since 2021?**
In the Form ADV data for Assembly Wealth: Regulatory assets under management: $384,633,797 in the October 2021 data and $336,736,592 in the October 2026 data, down 12%. Total employees: 7 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Assembly Wealth serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (180); high net worth individuals (29).

**Which custodians does Assembly Wealth use?**
Assembly Wealth'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 Assembly Wealth 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/108834

**What changed in Assembly Wealth's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 5 to 4. Regulatory assets under management went from $432,943,158 to $336,736,592 (-22%). Registered or notice-filed in NE, NJ.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $336,736,592
- Discretionary: $336,736,592
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 180 | $178,420,613 |
| High net worth individuals | 29 | $158,315,979 |
| Banking or thrift institutions | Not reported | $0 |
| Investment companies | Not reported | $0 |
| Business development companies | Not reported | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | Not reported | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Not reported | $0 |
| Charitable organizations | Not reported | $0 |
| State or municipal government entities (including government pension plans) | Not reported | $0 |
| Other investment advisers | Not reported | $0 |
| Insurance companies | Not reported | $0 |
| Sovereign wealth funds and foreign official institutions | Not reported | $0 |
| Corporations or other businesses not listed above | Not reported | $0 |
| Other | Not reported | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2000 (26 years)
- Employees: 9 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, FL, MI, NE, NJ, NY, PA, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- letsassemble.com
- Facebook @ASSEMBLYWEALTH
- Instagram @ASSEMBLYWEALTH
- LinkedIn @assemblywealth

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $384,633,797 | 7 | April 28, 2021 |
| October 2022 | $433,447,166 | 7 | April 21, 2022 |
| October 2023 | $340,089,007 | 8 | July 14, 2023 |
| October 2024 | $368,984,168 | 8 | March 26, 2024 |
| October 2025 | $432,943,158 | 10 | May 21, 2025 |
| October 2026 | $336,736,592 | 9 | March 27, 2026 |

Regulatory assets under management: $384,633,797 in the October 2021 data and $336,736,592 in the October 2026 data, down 12%.
Total employees: 7 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 5 to 4.
- Regulatory assets under management went from $432,943,158 to $336,736,592 (-22%).
- Registered or notice-filed in NE, NJ.

### January 2026
- No longer registered or notice-filed in MA, NJ.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Assembly Wealth (CRD 108834): Form ADV filing data as of October 2026.