AdvisorCensus / Financial advisors / California / San Jose / Betterwealth LLC
Betterwealth LLC is an SEC-registered investment advisory firm in San Jose, CA, registered since 2015, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 15, 2026.
Quick answers
From the filingHow is Betterwealth LLC compensated?
On its Form ADV (Item 5.E, October 2026), Betterwealth LLC reports these compensation arrangements: a percentage of assets under its management.
Where is Betterwealth LLC located?
Betterwealth LLC's principal office is in San Jose, CA, according to its Form ADV.
Is Betterwealth LLC registered with the SEC or a state?
Betterwealth LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 226661.
How much does Betterwealth LLC manage?
Betterwealth LLC reports $659,944,393 in regulatory assets under management in its Form ADV filing dated September 15, 2026 (98% discretionary).
How have Betterwealth LLC's assets and staff changed since 2021?
In the Form ADV data for Betterwealth LLC: Regulatory assets under management: $345,344,222 in the October 2021 data and $659,944,393 in the October 2026 data, up 91%. Total employees: 5 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Betterwealth LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (215); individuals (other than high net worth individuals) (158); pension and profit sharing plans (but not the plan participants or government pension plans) (5).
Which custodians does Betterwealth LLC use?
Betterwealth 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 Betterwealth 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/226661
Does Betterwealth LLC state an account minimum?
Its Form ADV Part 2A brochure dated July 17, 2026 says: "While our firm does not require a minimum account balance for our Wealth Management services, we reserve the authority to terminate a client account or reject a prospective client if we determine that the size of an account is too small to effectively service the client."
What changed in Betterwealth LLC's recent Form ADV filings?
In the September 2026 filing data: Registered or notice-filed in WA.
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
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 2AAccount minimum: None
The brochure's wording
While our firm does not require a minimum account balance for our Wealth Management services, we reserve the authority to terminate a client account or reject a prospective client if we determine that the size of an account is too small to effectively service the client.
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$659,944,393 as of October 2026, filing dated September 15, 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
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2015 (11 years)
- Employees
- Total: 6. Performing investment advisory functions: 5.
- 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 | $659,944,393 | 6 | September 15, 2026 |
| October 2025 | $558,018,194 | 6 | July 3, 2025 |
| October 2024 | $501,727,943 | 6 | May 20, 2024 |
| October 2023 | $385,833,601 | 5 | September 26, 2023 |
| October 2022 | $414,579,396 | 5 | February 9, 2022 |
| October 2021 | $345,344,222 | 5 | July 13, 2021 |
Regulatory assets under management: $345,344,222 in the October 2021 data and $659,944,393 in the October 2026 data, up 91%.
Total employees: 5 in October 2021 and 6 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- September 2026
- Registered or notice-filed in WA.
- April 2026
- Regulatory assets under management went from $558,018,194 to $659,944,393 (+18%).
- Updated its list of owners and control persons (Schedule A).
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. Betterwealth LLC (CRD 226661): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/betterwealth-llc-san-jose-ca-226661