{
  "crd_number": 116682,
  "slug": "boone-wealth-advisors-llc-bellevue-wa-116682",
  "primary_business_name": "BOONE WEALTH ADVISORS, LLC",
  "legal_name": "BOONE WEALTH ADVISORS, LLC",
  "dbas": [
    "BOONE WEALTH",
    "BOONE WEALTH ADVISORS",
    "MWBOONE & ASSOCIATES, LLC"
  ],
  "city": "Bellevue",
  "state": "WA",
  "country": "United States",
  "cbsa_code": "42660",
  "metro": {
    "cbsa_code": "42660",
    "common_name": "Seattle",
    "msa_name": "Seattle-Tacoma-Bellevue, WA",
    "path": "/advisors/wa/seattle"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2015-03-31",
  "years_registered": 11,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 506779239.0,
  "raum_discretionary": 506779239.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 9,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 5711337.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 23541466.0,
      "count": 127
    },
    "pension_profit_sharing": {
      "raum": 2773288.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 472486885.0,
      "count": 178
    },
    "corporations_other_businesses": {
      "raum": 2266263.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "LA",
    "OR",
    "TX",
    "WA"
  ],
  "websites": [
    "https://boonewealth.com",
    "https://facebook.com/BWADVISORS",
    "https://instagram.com/accounts/login?is_from_rle=&next=https%3A%2F%2Fwww.instagram.com%2Fboone_wealth_advisors%2F",
    "https://linkedin.com/COMPANY/BOONE-WEALTH-ADVISORS-LLC",
    "https://twitter.com/BOONEWEALTH",
    "https://youtube.com/USER/MWBOONEASSOCIATESLLC"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/116682",
  "city_as_filed": "BELLEVUE",
  "url": "https://advisorcensus.com/firm/boone-wealth-advisors-llc-bellevue-wa-116682",
  "display_name": "Boone Wealth Advisors, LLC",
  "summary": "Boone Wealth Advisors, LLC is an SEC-registered investment advisory firm in Bellevue, WA, registered since 2015, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Boone Wealth Advisors, LLC (CRD 116682): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "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)"
  ],
  "quick_answers": [
    {
      "q": "How is Boone Wealth Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Boone Wealth Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Boone Wealth Advisors, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 states: Hourly rate: $1,000 an hour (financial planning and consulting services); Flat fee: $2,500 to $7,500 (Comprehensive Financial Plan); Flat fee: $2,000 to $4,000 (Retirement Planning); Flat fee: $2,500 (Retirement Community Analysis). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Boone Wealth Advisors, LLC located?",
      "a": "Boone Wealth Advisors, LLC's principal office is in Bellevue, WA, according to its Form ADV."
    },
    {
      "q": "Is Boone Wealth Advisors, LLC registered with the SEC or a state?",
      "a": "Boone Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 116682."
    },
    {
      "q": "How much does Boone Wealth Advisors, LLC manage?",
      "a": "Boone Wealth Advisors, LLC reports $506,779,239 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Boone Wealth Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Boone Wealth Advisors, LLC: Regulatory assets under management: $226,883,271 in the October 2021 data and $506,779,239 in the October 2026 data, up 123%. Total employees: 8 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Boone Wealth Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (178); individuals (other than high net worth individuals) (127)."
    },
    {
      "q": "Which custodians does Boone Wealth Advisors, LLC use?",
      "a": "Boone Wealth Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Boone Wealth Advisors, LLC report any disciplinary disclosures?",
      "a": "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/116682"
    },
    {
      "q": "What changed in Boone Wealth Advisors, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $639,367,416 to $506,779,239 (-21%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 226883271.0,
      "total_employees": 8,
      "filing_date": "2021-09-07"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 256622854.0,
      "total_employees": 8,
      "filing_date": "2022-04-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 208831691.0,
      "total_employees": 8,
      "filing_date": "2023-03-22"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 232616197.0,
      "total_employees": 8,
      "filing_date": "2024-03-15"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 639367416.0,
      "total_employees": 9,
      "filing_date": "2025-03-20"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 506779239.0,
      "total_employees": 9,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $639,367,416 to $506,779,239 (-21%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $1,000 an hour (financial planning and consulting services)",
      "Flat fee: $2,500 to $7,500 (Comprehensive Financial Plan)",
      "Flat fee: $2,000 to $4,000 (Retirement Planning)",
      "Flat fee: $2,500 (Retirement Community Analysis)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $1,000 an hour (financial planning and consulting services)"
        ],
        "quotes": [
          "Our hourly fees are as follows: Name Hourly Rate Michael Boone, CFA, CFP® $1,000/hour"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $2,500 to $7,500 (Comprehensive Financial Plan)"
        ],
        "quotes": [
          "Comprehensive Financial Plan – $2,500 to $7,500 Flat Fee"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $2,000 to $4,000 (Retirement Planning)"
        ],
        "quotes": [
          "Retirement Planning – $2,000 to $4,000 Flat Fee"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $2,500 (Retirement Community Analysis)"
        ],
        "quotes": [
          "Retirement Community Analysis – $2,500 Flat fee"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 1000.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning and consulting services"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": 2500.0,
          "max": 7500.0,
          "period": "one_time",
          "service": "Comprehensive Financial Plan"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": 2000.0,
          "max": 4000.0,
          "period": "one_time",
          "service": "Retirement Planning"
        },
        {
          "kind": "flat",
          "amount": 2500.0,
          "min": null,
          "max": null,
          "period": "one_time",
          "service": "Retirement Community Analysis"
        }
      ]
    },
    "quotes": [
      "Our hourly fees are as follows: Name Hourly Rate Michael Boone, CFA, CFP® $1,000/hour",
      "Comprehensive Financial Plan – $2,500 to $7,500 Flat Fee",
      "Retirement Planning – $2,000 to $4,000 Flat Fee",
      "Retirement Community Analysis – $2,500 Flat fee"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "LPL Financial LLC",
      "name_as_filed": "LPL FINANCIAL LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/boone-wealth-advisors-llc-bellevue-wa-116682.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 127,
      "fewer_than_5": false,
      "raum": 23541466.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 178,
      "fewer_than_5": false,
      "raum": 472486885.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 2773288.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 5711337.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 2266263.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/116682",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}