# CWM Partners, LLC

> CWM Partners, LLC is an SEC-registered investment advisory firm, registered since 2019, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.

- CRD: 299857
- Filed as: CWM PARTNERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/299857
- AdvisorCensus page: https://advisorcensus.com/firm/cwm-partners-llc-299857

## Quick answers

**How is CWM Partners, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), CWM Partners, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does CWM Partners, LLC charge?**
Its Form ADV Part 2A brochure dated March 24, 2026 states: Flat fee: $90,000 to $240,000 (creating client financial plans or consulting). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Is CWM Partners, LLC registered with the SEC or a state?**
CWM Partners, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 299857.

**How much does CWM Partners, LLC manage?**
CWM Partners, LLC reports $59,840,472 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (3% discretionary).

**How have CWM Partners, LLC's assets and staff changed since 2021?**
In the Form ADV data for CWM Partners, LLC: Regulatory assets under management: $91,903,100 in the October 2021 data and $59,840,472 in the October 2026 data, down 35%. Total employees: 1 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does CWM Partners, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (2); charitable organizations (2).

**Which custodians does CWM Partners, LLC use?**
CWM Partners, 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.

**Does CWM Partners, LLC 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/299857

**Does CWM Partners, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 24, 2026 says: "There is no account minimum."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 24, 2026)

- Account minimum: None

> There is no account minimum.

- Flat fee: $90,000 to $240,000 (creating client financial plans or consulting)

> The flat fees that we charge may range from $90,000 - $240,000. They may vary and could be higher or lower depending upon the complexity of the situation.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

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

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: $59,840,472
- Discretionary: $1,754,515
- Non-discretionary: $58,085,957

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 2 | $57,982,777 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 2 | $1,857,695 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2019 (7 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- cwm-partners.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $91,903,100 | 1 | February 19, 2021 |
| October 2022 | $58,103,178 | 2 | August 29, 2022 |
| October 2023 | $55,079,174 | 2 | March 6, 2023 |
| October 2024 | $62,388,548 | 3 | March 25, 2024 |
| October 2025 | $56,395,062 | 3 | April 1, 2025 |
| October 2026 | $59,840,472 | 3 | March 24, 2026 |

Regulatory assets under management: $91,903,100 in the October 2021 data and $59,840,472 in the October 2026 data, down 35%.
Total employees: 1 in October 2021 and 3 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. CWM Partners, LLC (CRD 299857): Form ADV filing data as of October 2026.