# BCO Wealth Management, LLC

> BCO Wealth Management, LLC is an SEC-registered investment advisory firm in Carlsbad, NM, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 17, 2026.

- CRD: 322276
- Filed as: BCO WEALTH MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Carlsbad, NM
- Filing period: October 2026
- Form ADV filing dated: July 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/322276
- AdvisorCensus page: https://advisorcensus.com/firm/bco-wealth-management-llc-carlsbad-nm-322276

## Quick answers

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

**Where is BCO Wealth Management, LLC located?**
BCO Wealth Management, LLC's principal office is in Carlsbad, NM, according to its Form ADV.

**Is BCO Wealth Management, LLC registered with the SEC or a state?**
BCO Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 322276.

**How much does BCO Wealth Management, LLC manage?**
BCO Wealth Management, LLC reports $359,771,393 in regulatory assets under management in its Form ADV filing dated July 17, 2026 (100% discretionary).

**How have BCO Wealth Management, LLC's assets and staff changed since 2022?**
In the Form ADV data for BCO Wealth Management, LLC: Regulatory assets under management: $0 in the October 2022 data and $359,771,393 in the October 2026 data. Total employees: 2 in October 2022 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does BCO Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (417); high net worth individuals (109); other (12).

**Which custodians does BCO Wealth Management, LLC use?**
BCO Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists SEI Private Trust / SEI Investments Distribution Co. as a custodian holding 10% or more of its separately managed account assets.

**Does BCO Wealth Management, LLC 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/322276

**Does BCO Wealth Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 12, 2026 says: "There is no account minimum for any of BCO Wealth’s services."

**What changed in BCO Wealth Management, LLC's recent Form ADV filings?**
In the August 2026 filing data: Employees performing advisory functions went from 3 to 4.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 12, 2026)

- Account minimum: None

> There is no account minimum for any of BCO Wealth’s services.

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

### Custodians (Schedule D, Section 5.K(3))
- SEI Private Trust / SEI Investments Distribution Co.

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: $359,771,393
- Discretionary: $358,633,951
- Non-discretionary: $1,137,442

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 417 | $89,892,103 |
| High net worth individuals | 109 | $222,556,329 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 6 | $15,198,602 |
| Charitable organizations | 4 | $20,588,678 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 4 | $1,509,423 |
| Other | 12 | $10,026,258 |

### 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)

### Firm details
- Registered since: 2022 (4 years)
- Employees: 9 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CO, KS, LA, MO, NM, OK, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- bco-wealth.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $0 | 2 | September 1, 2022 |
| October 2023 | $240,717,249 | 2 | June 9, 2023 |
| October 2024 | $267,228,215 | 7 | September 16, 2024 |
| October 2025 | $300,482,599 | 7 | February 24, 2025 |
| October 2026 | $359,771,393 | 9 | July 17, 2026 |

Regulatory assets under management: $0 in the October 2022 data and $359,771,393 in the October 2026 data.
Total employees: 2 in October 2022 and 9 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Employees performing advisory functions went from 3 to 4.

### April 2026
- Employees performing advisory functions went from 7 to 3.

### March 2026
- Regulatory assets under management went from $300,482,599 to $359,771,393 (+20%).

### December 2025
- Employees performing advisory functions went from 3 to 7.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. BCO Wealth Management, LLC (CRD 322276): Form ADV filing data as of October 2026.