{
  "crd_number": 323461,
  "slug": "channel-wealth-llc-santa-barbara-ca-323461",
  "primary_business_name": "CHANNEL WEALTH, LLC",
  "legal_name": "CHANNEL WEALTH, LLC",
  "dbas": [],
  "city": "Santa Barbara",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "42200",
  "metro": {
    "cbsa_code": "42200",
    "common_name": "Santa Maria",
    "msa_name": "Santa Maria-Santa Barbara, CA",
    "path": "/advisors/ca/santa-maria"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-10-25",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-04-07",
  "carried_forward": false,
  "raum_total": 850851480.0,
  "raum_discretionary": 840917084.0,
  "raum_non_discretionary": 9934396.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 17,
  "advisory_employees": 8,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 23361226.0,
      "count": 11
    },
    "individuals": {
      "raum": 174147285.0,
      "count": 1132
    },
    "pension_profit_sharing": {
      "raum": 8862326.0,
      "count": 21
    },
    "high_net_worth_individuals": {
      "raum": 633286592.0,
      "count": 842
    },
    "corporations_other_businesses": {
      "raum": 11194051.0,
      "count": 13
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "MA",
    "NC",
    "NV",
    "OR",
    "TX",
    "VA",
    "WA"
  ],
  "websites": [
    "https://channelwealth.com",
    "https://linkedin.com/COMPANY/CHANNEL-WEALTH"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/323461",
  "city_as_filed": "SANTA BARBARA",
  "url": "https://advisorcensus.com/firm/channel-wealth-llc-santa-barbara-ca-323461",
  "display_name": "Channel Wealth, LLC",
  "summary": "Channel Wealth, LLC is an SEC-registered investment advisory firm in Santa Barbara, CA, registered since 2022, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 7, 2026.",
  "citation": "AdvisorCensus. Channel Wealth, LLC (CRD 323461): 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)",
    "Other"
  ],
  "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",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Channel Wealth, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Channel Wealth, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other."
    },
    {
      "q": "How much does Channel Wealth, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated April 7, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Channel Wealth, LLC located?",
      "a": "Channel Wealth, LLC's principal office is in Santa Barbara, CA, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Channel Wealth, LLC registered with the SEC or a state?",
      "a": "Channel Wealth, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 323461."
    },
    {
      "q": "How much does Channel Wealth, LLC manage?",
      "a": "Channel Wealth, LLC reports $850,851,480 in regulatory assets under management in its Form ADV filing dated April 7, 2026 (99% discretionary)."
    },
    {
      "q": "How have Channel Wealth, LLC's assets and staff changed since 2023?",
      "a": "In the Form ADV data for Channel Wealth, LLC: Regulatory assets under management: $392,771,527 in the October 2023 data and $850,851,480 in the October 2026 data, up 117%. Total employees: 14 in October 2023 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Channel Wealth, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,132); high net worth individuals (842); pension and profit sharing plans (but not the plan participants or government pension plans) (21)."
    },
    {
      "q": "Which custodians does Channel Wealth, LLC use?",
      "a": "Channel Wealth, 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."
    },
    {
      "q": "Does Channel Wealth, 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/323461"
    },
    {
      "q": "Does Channel Wealth, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 7, 2026 says: \"Channel Wealth does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship.\""
    },
    {
      "q": "What changed in Channel Wealth, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 10 to 8. No longer lists an office in Santa Barbara, CA."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 392771527.0,
      "total_employees": 14,
      "filing_date": "2023-09-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 530542800.0,
      "total_employees": 15,
      "filing_date": "2024-06-18"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 833014360.0,
      "total_employees": 17,
      "filing_date": "2025-07-11"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 850851480.0,
      "total_employees": 17,
      "filing_date": "2026-04-07"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 10 to 8.",
        "No longer lists an office in Santa Barbara, CA."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in VA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 7, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "2% of assets a year",
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 2% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Our annual fee ranges up to 2.0% annually and is assessed and/or charged quarterly in advance, based on the daily average balance value."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Channel Wealth does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 2.0,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Our annual fee ranges up to 2.0% annually and is assessed and/or charged quarterly in advance, based on the daily average balance value.",
      "Channel Wealth does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an investment management relationship."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/channel-wealth-llc-santa-barbara-ca-323461.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1132,
      "fewer_than_5": false,
      "raum": 174147285.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 842,
      "fewer_than_5": false,
      "raum": 633286592.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 21,
      "fewer_than_5": false,
      "raum": 8862326.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 11,
      "fewer_than_5": false,
      "raum": 23361226.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 13,
      "fewer_than_5": false,
      "raum": 11194051.0
    }
  ],
  "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/323461",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}