# Brownlee Wealth Management

> Brownlee Wealth Management is an SEC-registered investment advisory firm in Houston, TX, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 13, 2026.

- CRD: 304855
- Filed as: BROWNLEE WEALTH MANAGEMENT
- Legal name: BWM Planning LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Houston, TX
- Filing period: October 2026
- Form ADV filing dated: March 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/304855
- AdvisorCensus page: https://advisorcensus.com/firm/brownlee-wealth-management-houston-tx-304855

## Quick answers

**How is Brownlee Wealth Management compensated?**
On its Form ADV (Item 5.E, October 2026), Brownlee Wealth Management reports these compensation arrangements: hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Brownlee Wealth Management located?**
Brownlee Wealth Management's principal office is in Houston, TX, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Brownlee Wealth Management registered with the SEC or a state?**
Brownlee Wealth Management is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 304855.

**How much does Brownlee Wealth Management manage?**
Brownlee Wealth Management reports $465,289,174 in regulatory assets under management in its Form ADV filing dated March 13, 2026 (86% discretionary).

**How have Brownlee Wealth Management's assets and staff changed since 2023?**
In the Form ADV data for Brownlee Wealth Management: Regulatory assets under management: $254,369,667 in the October 2023 data and $465,289,174 in the October 2026 data, up 83%. Total employees: 3 in October 2023 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Brownlee Wealth Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (69); individuals (other than high net worth individuals) (17).

**Which custodians does Brownlee Wealth Management use?**
Brownlee Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Brownlee Wealth Management 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/304855

**What changed in Brownlee Wealth Management's recent Form ADV filings?**
In the April 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- Hourly charges
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

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: $465,289,174
- Discretionary: $400,582,298
- Non-discretionary: $64,706,876

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 17 | $7,768,653 |
| High net worth individuals | 69 | $309,704,122 |
| Corporations or other businesses not listed above | Fewer than 5 | $147,816,399 |

### 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

### Firm details
- Registered since: 2023 (3 years)
- Employees: 6 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AR, LA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Fort Worth, TX

### Websites listed on Form ADV (Item 1.I)
- [brownleewealthmanagement.com](https://brownleewealthmanagement.com)
- [bwmplanning.com](https://bwmplanning.com)
- Facebook @BrownleeWealthManagement
- LinkedIn @40908409
- X @BrownleeWm
- YouTube @brownleewealthmanagement

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $254,369,667 | 3 | September 15, 2023 |
| October 2024 | $211,952,611 | 3 | September 24, 2024 |
| October 2025 | $295,776,156 | 5 | July 25, 2025 |
| October 2026 | $465,289,174 | 6 | March 13, 2026 |

Regulatory assets under management: $254,369,667 in the October 2023 data and $465,289,174 in the October 2026 data, up 83%.
Total employees: 3 in October 2023 and 6 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Updated its list of owners and control persons (Schedule A).

### March 2026
- Employees performing advisory functions went from 4 to 5.
- Regulatory assets under management went from $295,776,156 to $465,289,174 (+57%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Brownlee Wealth Management (CRD 304855): Form ADV filing data as of October 2026.