AdvisorCensus / Financial advisors / Pennsylvania / Lancaster / Bare Wealth Advisors
Bare Wealth Advisors
Filed as BARE WEALTH ADVISORS · Legal name Bare Financial Services Inc.
Bare Wealth Advisors is an SEC-registered investment advisory firm in Gap, PA, registered since 2023, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 17, 2026.
Quick answers
From the filingHow is Bare Wealth Advisors compensated?
On its Form ADV (Item 5.E, October 2026), Bare Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
What does Bare Wealth Advisors' brochure say about its fees?
Its Form ADV Part 2A brochure dated July 17, 2026 states: Asset-based fee: up to 1.5% 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 Bare Wealth Advisors located?
Bare Wealth Advisors' principal office is in Gap, PA, according to its Form ADV.
Is Bare Wealth Advisors registered with the SEC or a state?
Bare Wealth Advisors is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 328043.
How much does Bare Wealth Advisors manage?
Bare Wealth Advisors reports $662,264,475 in regulatory assets under management in its Form ADV filing dated July 17, 2026 (97% discretionary).
How have Bare Wealth Advisors' assets and staff changed since 2023?
In the Form ADV data for Bare Wealth Advisors: Regulatory assets under management: $0 in the October 2023 data and $662,264,475 in the October 2026 data. Total employees: 16 in October 2023 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Bare Wealth Advisors serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (573); high net worth individuals (240); pension and profit sharing plans (but not the plan participants or government pension plans) (14).
Which custodians does Bare Wealth Advisors use?
Bare Wealth Advisors' 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 Bare Wealth Advisors 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/328043
What changed in Bare Wealth Advisors' recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $509,336,137 to $662,264,475 (+30%). Registered or notice-filed in NY.
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
- 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 2AAsset-based fee: up to 1.5% of assets a year (the maximum the brochure states)
The brochure's wording
The standard annual fee charged for this service is up to 1.50% based on such factors as account size and complexity.
As stated in the firm's Form ADV Part 2A brochure dated July 17, 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$662,264,475 as of October 2026, filing dated July 17, 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
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops
Registration and firm details
Items 1, 2, 5- Legal name
- Bare Financial Services Inc.
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2023 (3 years)
- Employees
- Total: 19. Performing investment advisory functions: 8.
- 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
-
5 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 | $662,264,475 | 19 | July 17, 2026 |
| October 2025 | $509,336,137 | 19 | June 2, 2025 |
| October 2024 | $222,221,156 | 16 | July 3, 2024 |
| October 2023 | $0 | 16 | September 28, 2023 |
Regulatory assets under management: $0 in the October 2023 data and $662,264,475 in the October 2026 data.
Total employees: 16 in October 2023 and 19 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- April 2026
- Regulatory assets under management went from $509,336,137 to $662,264,475 (+30%).
- Registered or notice-filed in NY.
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. Bare Wealth Advisors (CRD 328043): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/bare-wealth-advisors-gap-pa-328043