# BCS Wealth Management, LLC

> BCS Wealth Management, LLC is an SEC-registered investment advisory firm in Johnson City, TN, registered since 2002, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 13, 2026.

- CRD: 115489
- Filed as: BCS WEALTH MANAGEMENT, LLC
- Legal name: BCS Financial, LLC
- Also doing business as: STILL WATERS FAMILY OFFICE
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Johnson City, TN
- Filing period: October 2026
- Form ADV filing dated: March 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/115489
- AdvisorCensus page: https://advisorcensus.com/firm/bcs-wealth-management-llc-johnson-city-tn-115489

## Quick answers

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

**Where is BCS Wealth Management, LLC located?**
BCS Wealth Management, LLC's principal office is in Johnson City, TN, according to its Form ADV.

**Is BCS Wealth Management, LLC registered with the SEC or a state?**
BCS Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 115489.

**How much does BCS Wealth Management, LLC manage?**
BCS Wealth Management, LLC reports $987,373,384 in regulatory assets under management in its Form ADV filing dated March 13, 2026 (91% discretionary).

**How have BCS Wealth Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for BCS Wealth Management, LLC: Regulatory assets under management: $426,271,543 in the October 2021 data and $987,373,384 in the October 2026 data, up 132%. Total employees: 10 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does BCS Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (622); high net worth individuals (202); pension and profit sharing plans (but not the plan participants or government pension plans) (17).

**Which custodians does BCS Wealth Management, LLC use?**
BCS Wealth Management, LLC'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 BCS 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/115489

**Does BCS Wealth Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 13, 2026 says: "BCSWM has a minimum portfolio value for our portfolio management services of $350,000. The minimum is an aggregate of a household’s accounts and not a per account minimum. At BCSWM’s discretion, we may waive the minimum value based on other factors."

**What changed in BCS Wealth Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 8 to 7. Regulatory assets under management went from $811,578,500 to $987,373,384 (+22%). Updated its list of owners and control persons (Schedule A).

## 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 13, 2026)

- Account minimum: $350,000 (the brochure says it may be waived or negotiated)

> BCSWM has a minimum portfolio value for our portfolio management services of $350,000. The minimum is an aggregate of a household’s accounts and not a per account minimum. At BCSWM’s discretion, we may waive the minimum value based on other factors.

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

### 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: $987,373,384
- Discretionary: $897,051,756
- Non-discretionary: $90,321,628

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 622 | $177,599,811 |
| High net worth individuals | 202 | $696,908,649 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 17 | $91,339,710 |
| Charitable organizations | 7 | $21,525,214 |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 2002 (24 years)
- Employees: 12 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, NC, SC, TN, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- bcsfinancial.com
- bcswealth.com
- thebenchmark.podbean.com
- Facebook @BCS-Wealth-Management-1182170658624859
- Instagram @bcswealth
- LinkedIn @bcs-wealth-management
- YouTube @UCXAIuC1Oz4uYRu1jPeXNVRw

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $426,271,543 | 10 | March 23, 2021 |
| October 2022 | $517,306,258 | 11 | March 25, 2022 |
| October 2023 | $521,560,784 | 11 | August 8, 2023 |
| October 2024 | $599,371,725 | 13 | March 25, 2024 |
| October 2025 | $811,578,500 | 12 | March 12, 2025 |
| October 2026 | $987,373,384 | 12 | March 13, 2026 |

Regulatory assets under management: $426,271,543 in the October 2021 data and $987,373,384 in the October 2026 data, up 132%.
Total employees: 10 in October 2021 and 12 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 8 to 7.
- Regulatory assets under management went from $811,578,500 to $987,373,384 (+22%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. BCS Wealth Management, LLC (CRD 115489): Form ADV filing data as of October 2026.