{
  "crd_number": 116471,
  "slug": "bw-and-associates-inc-orange-ca-116471",
  "primary_business_name": "BW & ASSOCIATES, INC.",
  "legal_name": "BONNIE WUSZ & ASSOCIATES, INC.",
  "dbas": [],
  "city": "Orange",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2016-09-01",
  "years_registered": 10,
  "period": "2026-10-01",
  "filing_date": "2026-09-24",
  "carried_forward": false,
  "raum_total": 692790049.0,
  "raum_discretionary": 0.0,
  "raum_non_discretionary": 692790049.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 5,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 239996903.0,
      "count": 373
    },
    "high_net_worth_individuals": {
      "raum": 452793146.0,
      "count": 156
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "FL",
    "NV",
    "TX"
  ],
  "websites": [
    "https://bwandassociatesinc.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/116471",
  "city_as_filed": "ORANGE",
  "url": "https://advisorcensus.com/firm/bw-and-associates-inc-orange-ca-116471",
  "display_name": "BW & Associates, Inc.",
  "summary": "BW & Associates, Inc. is an SEC-registered investment advisory firm in Orange, CA, registered since 2016, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 24, 2026.",
  "citation": "AdvisorCensus. BW & Associates, Inc. (CRD 116471): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is BW & Associates, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), BW & Associates, Inc. reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is BW & Associates, Inc. located?",
      "a": "BW & Associates, Inc.'s principal office is in Orange, CA, according to its Form ADV."
    },
    {
      "q": "Is BW & Associates, Inc. registered with the SEC or a state?",
      "a": "BW & Associates, Inc. is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 116471."
    },
    {
      "q": "How much does BW & Associates, Inc. manage?",
      "a": "BW & Associates, Inc. reports $692,790,049 in regulatory assets under management in its Form ADV filing dated September 24, 2026 (0% discretionary)."
    },
    {
      "q": "How have BW & Associates, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for BW & Associates, Inc.: Regulatory assets under management: $499,161,780 in the October 2021 data and $692,790,049 in the October 2026 data, up 39%. Total employees: 6 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does BW & Associates, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (373); high net worth individuals (156)."
    },
    {
      "q": "Which custodians does BW & Associates, Inc. use?",
      "a": "BW & Associates, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists 12711 N. Meridian Street as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does BW & Associates, Inc. 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/116471"
    },
    {
      "q": "Does BW & Associates, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated August 27, 2026 says: \"BWA generally requires a minimum investment of $100,000 to open an account; however, we reserve the right to waive this minimum.\""
    },
    {
      "q": "What changed in BW & Associates, Inc.'s recent Form ADV filings?",
      "a": "In the February 2026 filing data: Regulatory assets under management went from $615,348,169 to $692,790,049 (+13%). Registered or notice-filed in FL."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 499161780.0,
      "total_employees": 6,
      "filing_date": "2021-07-16"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 562370799.0,
      "total_employees": 5,
      "filing_date": "2022-08-12"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 442621873.0,
      "total_employees": 5,
      "filing_date": "2023-09-08"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 523405600.0,
      "total_employees": 5,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 615348169.0,
      "total_employees": 6,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 692790049.0,
      "total_employees": 5,
      "filing_date": "2026-09-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $615,348,169 to $692,790,049 (+13%).",
        "Registered or notice-filed in FL."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated August 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$100,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $100,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "BWA generally requires a minimum investment of $100,000 to open an account; however, we reserve the right to waive this minimum."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 100000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "BWA generally requires a minimum investment of $100,000 to open an account; however, we reserve the right to waive this minimum."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "12711 N. Meridian Street",
      "name_as_filed": "12711 N. MERIDIAN STREET",
      "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/bw-and-associates-inc-orange-ca-116471.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 373,
      "fewer_than_5": false,
      "raum": 239996903.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 156,
      "fewer_than_5": false,
      "raum": 452793146.0
    }
  ],
  "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/116471",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}