{ "crd_number": 289157, "slug": "collective-wealth-advisors-llc-coppell-tx-289157", "primary_business_name": "COLLECTIVE WEALTH ADVISORS LLC", "legal_name": "COLLECTIVE WEALTH ADVISORS LLC", "dbas": [], "city": "Coppell", "state": "TX", "country": "United States", "cbsa_code": "19100", "metro": { "cbsa_code": "19100", "common_name": "Dallas", "msa_name": "Dallas-Fort Worth-Arlington, TX", "path": "/advisors/tx/dallas" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2025-06-30", "years_registered": 1, "period": "2026-10-01", "filing_date": "2026-07-08", "carried_forward": false, "raum_total": 157005962.0, "raum_discretionary": 155012697.0, "raum_non_discretionary": 1993265.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 7, "advisory_employees": 5, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 36679.0, "count": 1 }, "individuals": { "raum": 62724365.0, "count": 183 }, "high_net_worth_individuals": { "raum": 93199397.0, "count": 39 }, "corporations_other_businesses": { "raum": 1045521.0, "count": 1 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "educational_seminars", "financial_planning", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AZ", "FL", "LA", "TX" ], "websites": [ "https://collectivewealthadvisors.com", "https://linkedin.com/COMPANY/SOVEREIGNWEALTHMGMT/ABOUT", "https://linkedin.com/IN/DRNELSONJR", "https://linkedin.com/company/collectivewealthadvisors/about", "https://linkedin.com/in/andreanelsonaz", "https://linkedin.com/in/dougburnettemdcfp", "https://linkedin.com/in/r-scott-maxwell-mba-7b67147", "https://linkedin.com/in/r-scott-maxwell-mba-cfp%C2%AE-7b67147", "https://linkedin.com/in/trey-nelson-857298a" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/289157", "city_as_filed": "COPPELL", "url": "https://advisorcensus.com/firm/collective-wealth-advisors-llc-coppell-tx-289157", "display_name": "Collective Wealth Advisors LLC", "summary": "Collective Wealth Advisors LLC is an SEC-registered investment advisory firm in Coppell, TX, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 8, 2026.", "citation": "AdvisorCensus. Collective Wealth Advisors LLC (CRD 289157): 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", "Selection of other advisers (including private fund managers)", "Educational seminars/workshops" ], "quick_answers": [ { "q": "How is Collective Wealth Advisors LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Collective Wealth Advisors LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)." }, { "q": "Where is Collective Wealth Advisors LLC located?", "a": "Collective Wealth Advisors LLC's principal office is in Coppell, TX, according to its Form ADV; the August 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is Collective Wealth Advisors LLC registered with the SEC or a state?", "a": "Collective Wealth Advisors LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 289157." }, { "q": "How much does Collective Wealth Advisors LLC manage?", "a": "Collective Wealth Advisors LLC reports $157,005,962 in regulatory assets under management in its Form ADV filing dated July 8, 2026 (99% discretionary)." }, { "q": "How have Collective Wealth Advisors LLC's assets and staff changed since 2025?", "a": "In the Form ADV data for Collective Wealth Advisors LLC: Regulatory assets under management: $139,765,830 in the October 2025 data and $157,005,962 in the October 2026 data, up 12%. Total employees: 6 in October 2025 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Collective Wealth Advisors LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (183); high net worth individuals (39); charitable organizations (1)." }, { "q": "Which custodians does Collective Wealth Advisors LLC use?", "a": "Collective Wealth Advisors 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 Collective 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/289157" }, { "q": "Does Collective Wealth Advisors LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated July 8, 2026 says: \"CWA does not require a minimum to open an account.\"" }, { "q": "What changed in Collective Wealth Advisors LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $139,765,830 to $157,005,962 (+12%)." } ], "filing_history": [ { "period": "2025-10-01", "regulatory_assets_under_management": 139765830.0, "total_employees": 6, "filing_date": "2025-07-08" }, { "period": "2026-10-01", "regulatory_assets_under_management": 157005962.0, "total_employees": 7, "filing_date": "2026-07-08" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $139,765,830 to $157,005,962 (+12%)." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated July 8, 2026", "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "None", "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: None" ], "quotes": [ "CWA does not require a minimum to open an account." ] } ], "quotes": [ "CWA does not require a minimum to open an account." ], "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/collective-wealth-advisors-llc-coppell-tx-289157.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 183, "fewer_than_5": false, "raum": 62724365.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 39, "fewer_than_5": false, "raum": 93199397.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 1, "fewer_than_5": false, "raum": 36679.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 1, "fewer_than_5": false, "raum": 1045521.0 } ], "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/289157", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }