{
  "crd_number": 130071,
  "slug": "cravens-and-company-wealth-management-cookeville-tn-130071",
  "primary_business_name": "CRAVENS & COMPANY WEALTH MANAGEMENT",
  "legal_name": "CRAVENS & COMPANY ADVISORS, LLC",
  "dbas": [
    "CRAVENS & COMPANY WEALTH MANAGEMENT"
  ],
  "city": "Cookeville",
  "state": "TN",
  "country": "United States",
  "cbsa_code": "18260",
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-04-19",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-05-14",
  "carried_forward": false,
  "raum_total": 311090482.0,
  "raum_discretionary": 311090482.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 1340584.0,
      "count": 3,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 35473628.0,
      "count": 133
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 17190008.0,
      "count": 1,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 1541351.0,
      "count": 3,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 241909400.0,
      "count": 78
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 13635511.0,
      "count": 9
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "GA",
    "TN",
    "TX"
  ],
  "websites": [
    "https://cravensco.com",
    "https://facebook.com/CRAVENSCO",
    "https://linkedin.com/COMPANY/CRAVENS-&-COMPANY",
    "https://twitter.com/CRAVENSCO"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/130071",
  "city_as_filed": "COOKEVILLE",
  "url": "https://advisorcensus.com/firm/cravens-and-company-wealth-management-cookeville-tn-130071",
  "display_name": "Cravens & Company Wealth Management",
  "summary": "Cravens & Company Wealth Management is an SEC-registered investment advisory firm in Cookeville, TN, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 14, 2026.",
  "citation": "AdvisorCensus. Cravens & Company Wealth Management (CRD 130071): 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)",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Cravens & Company Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cravens & Company Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Cravens & Company Wealth Management charge?",
      "a": "Its Form ADV Part 2A brochure dated March 13, 2026 states: Flat fee: $5,000 to $10,000 (Qualified Plan Fiduciary Service); Hourly rate: $50 to $300 an hour (Qualified Plan Fiduciary Service); Flat fee: $2,500 to $10,000 (financial plan); Hourly rate: $200 an hour (financial planning and analysis); Hourly rate: $50 to $100 an hour (financial planning and analysis). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Cravens & Company Wealth Management located?",
      "a": "Cravens & Company Wealth Management's principal office is in Cookeville, TN, according to its Form ADV."
    },
    {
      "q": "Is Cravens & Company Wealth Management registered with the SEC or a state?",
      "a": "Cravens & Company Wealth Management is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 130071."
    },
    {
      "q": "How much does Cravens & Company Wealth Management manage?",
      "a": "Cravens & Company Wealth Management reports $311,090,482 in regulatory assets under management in its Form ADV filing dated May 14, 2026 (100% discretionary)."
    },
    {
      "q": "How have Cravens & Company Wealth Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Cravens & Company Wealth Management: Regulatory assets under management: $156,253,760 in the October 2021 data and $311,090,482 in the October 2026 data, up 99%. Total employees: 6 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cravens & Company Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (133); high net worth individuals (78); corporations or other businesses not listed above (9)."
    },
    {
      "q": "Which custodians does Cravens & Company Wealth Management use?",
      "a": "Cravens & Company Wealth Management'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 Cravens & Company Wealth Management 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/130071"
    },
    {
      "q": "Does Cravens & Company Wealth Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 13, 2026 says: \"We generally require that your account contain a minimum of $1,000,000 in investment assets. We may waive that requirement based on various factors, including, for example, the value of the accounts we manage for your family members.\""
    },
    {
      "q": "What changed in Cravens & Company Wealth Management's recent Form ADV filings?",
      "a": "In the June 2026 filing data: Registered or notice-filed in FL."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 156253760.0,
      "total_employees": 6,
      "filing_date": "2021-04-21"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 192454621.0,
      "total_employees": 6,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 195795512.0,
      "total_employees": 6,
      "filing_date": "2023-10-04"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 225778944.0,
      "total_employees": 5,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 248355878.0,
      "total_employees": 5,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 311090482.0,
      "total_employees": 6,
      "filing_date": "2026-05-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Registered or notice-filed in FL."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 2 to 3.",
        "Regulatory assets under management went from $248,355,878 to $311,090,482 (+25%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 13, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": "$10,000",
    "planning_fees": [
      "Flat fee: $5,000 to $10,000 (Qualified Plan Fiduciary Service)",
      "Hourly rate: $50 to $300 an hour (Qualified Plan Fiduciary Service)",
      "Flat fee: $2,500 to $10,000 (financial plan)",
      "Hourly rate: $200 an hour (financial planning and analysis)",
      "Hourly rate: $50 to $100 an hour (financial planning and analysis)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "We generally require that your account contain a minimum of $1,000,000 in investment assets. We may waive that requirement based on various factors, including, for example, the value of the accounts we manage for your family members."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $10,000"
        ],
        "quotes": [
          "Our minimum annual fee is $10,000. We may agree to waive that minimum and/or negotiate lower fees at our discretion."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $5,000 to $10,000 (Qualified Plan Fiduciary Service)"
        ],
        "quotes": [
          "Fixed Fee: $5,000 to $10,000, based on the scope and complexity of the services provided"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $50 to $300 an hour (Qualified Plan Fiduciary Service)"
        ],
        "quotes": [
          "Hourly Fee: $50 to $300 per hour based on an estimate of hours needed to provide the services to be performed."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $2,500 to $10,000 (financial plan)"
        ],
        "quotes": [
          "Project Fees. Fees are fixed at the beginning of our engagement and are based on an estimate of the time required to complete your financial plan. The project fee is based on the scope, complexity, and anticipated time involved in the project and generally ranges from $2,500 to $10,000."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $200 an hour (financial planning and analysis)"
        ],
        "quotes": [
          "You will be billed at an hourly rate of $200/hour for services rendered up to that point."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $50 to $100 an hour (financial planning and analysis)"
        ],
        "quotes": [
          "Professional and Administrative Staff - $50-$100/hour"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 1000000.0,
      "minimum_annual_fee": 10000.0,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 5000.0,
          "max": 10000.0,
          "period": "one_time",
          "service": "Qualified Plan Fiduciary Service"
        },
        {
          "kind": "hourly",
          "amount": null,
          "min": 50.0,
          "max": 300.0,
          "period": "hour",
          "service": "Qualified Plan Fiduciary Service"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": 2500.0,
          "max": 10000.0,
          "period": "one_time",
          "service": "financial plan"
        },
        {
          "kind": "hourly",
          "amount": 200.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning and analysis"
        },
        {
          "kind": "hourly",
          "amount": null,
          "min": 50.0,
          "max": 100.0,
          "period": "hour",
          "service": "financial planning and analysis"
        }
      ]
    },
    "quotes": [
      "We generally require that your account contain a minimum of $1,000,000 in investment assets. We may waive that requirement based on various factors, including, for example, the value of the accounts we manage for your family members.",
      "Our minimum annual fee is $10,000. We may agree to waive that minimum and/or negotiate lower fees at our discretion.",
      "Fixed Fee: $5,000 to $10,000, based on the scope and complexity of the services provided",
      "Hourly Fee: $50 to $300 per hour based on an estimate of hours needed to provide the services to be performed.",
      "Project Fees. Fees are fixed at the beginning of our engagement and are based on an estimate of the time required to complete your financial plan. The project fee is based on the scope, complexity, and anticipated time involved in the project and generally ranges from $2,500 to $10,000.",
      "You will be billed at an hourly rate of $200/hour for services rendered up to that point.",
      "Professional and Administrative Staff - $50-$100/hour"
    ],
    "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/cravens-and-company-wealth-management-cookeville-tn-130071.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 133,
      "fewer_than_5": false,
      "raum": 35473628.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 78,
      "fewer_than_5": false,
      "raum": 241909400.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 3,
      "fewer_than_5": true,
      "raum": 1541351.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 3,
      "fewer_than_5": true,
      "raum": 1340584.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 17190008.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 9,
      "fewer_than_5": false,
      "raum": 13635511.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/130071",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}