{
  "crd_number": 287736,
  "slug": "davis-wealth-advisors-salem-nh-287736",
  "primary_business_name": "DAVIS WEALTH ADVISORS",
  "legal_name": "DAVIS WEALTH ADVISORS LLC",
  "dbas": [],
  "city": "Salem",
  "state": "NH",
  "country": "United States",
  "cbsa_code": "14460",
  "metro": {
    "cbsa_code": "14460",
    "common_name": "Boston",
    "msa_name": "Boston-Cambridge-Newton, MA-NH",
    "path": "/advisors/ma/boston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-07-26",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-07-06",
  "carried_forward": false,
  "raum_total": 197149289.0,
  "raum_discretionary": 186176100.0,
  "raum_non_discretionary": 10973189.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 5,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 4284428.0,
      "count": 15
    },
    "pension_profit_sharing": {
      "raum": 7624243.0,
      "count": 3,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 183909632.0,
      "count": 72
    },
    "corporations_other_businesses": {
      "raum": 1330986.0,
      "count": 2,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "other",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "MA",
    "NH",
    "TX"
  ],
  "websites": [
    "https://daviswealthadvisors.net",
    "https://linkedin.com/COMPANY/27111657",
    "https://linkedin.com/in/melindakdavis"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/287736",
  "disclosure_items": [
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    }
  ],
  "city_as_filed": "SALEM",
  "url": "https://advisorcensus.com/firm/davis-wealth-advisors-salem-nh-287736",
  "display_name": "Davis Wealth Advisors",
  "summary": "Davis Wealth Advisors is an SEC-registered investment advisory firm in Salem, NH, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 6, 2026.",
  "citation": "AdvisorCensus. Davis Wealth Advisors (CRD 287736): 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",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Davis Wealth Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Davis Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Davis Wealth Advisors charge?",
      "a": "Its Form ADV Part 2A brochure dated June 1, 2026 states: Flat fee: $6,000 to $15,000 (à la carte financial planning and consulting services); Subscription: $15,000 to $60,000 a year (ongoing financial planning); Flat fee: $1,500 to $30,000 a year (pension consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Davis Wealth Advisors located?",
      "a": "Davis Wealth Advisors' principal office is in Salem, NH, according to its Form ADV."
    },
    {
      "q": "Is Davis Wealth Advisors registered with the SEC or a state?",
      "a": "Davis Wealth Advisors is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 287736."
    },
    {
      "q": "How much does Davis Wealth Advisors manage?",
      "a": "Davis Wealth Advisors reports $197,149,289 in regulatory assets under management in its Form ADV filing dated July 6, 2026 (94% discretionary)."
    },
    {
      "q": "How have Davis Wealth Advisors' assets and staff changed since 2024?",
      "a": "In the Form ADV data for Davis Wealth Advisors: Regulatory assets under management: $135,791,193 in the October 2024 data and $197,149,289 in the October 2026 data, up 45%. Total employees: 4 in October 2024 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 Davis Wealth Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (72); individuals (other than high net worth individuals) (15); pension and profit sharing plans (but not the plan participants or government pension plans) (3)."
    },
    {
      "q": "Which custodians does Davis Wealth Advisors use?",
      "a": "Davis Wealth Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Davis Wealth Advisors report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/287736"
    },
    {
      "q": "What changed in Davis Wealth Advisors' recent Form ADV filings?",
      "a": "In the August 2026 filing data: Registered or notice-filed in TX."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 135791193.0,
      "total_employees": 4,
      "filing_date": "2024-06-25"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 158750758.0,
      "total_employees": 4,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 197149289.0,
      "total_employees": 6,
      "filing_date": "2026-07-06"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in TX."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 5.",
        "Regulatory assets under management went from $158,750,758 to $197,149,289 (+24%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 1, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $6,000 to $15,000 (à la carte financial planning and consulting services)",
      "Subscription: $15,000 to $60,000 a year (ongoing financial planning)",
      "Flat fee: $1,500 to $30,000 a year (pension consulting services)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $6,000 to $15,000 (à la carte financial planning and consulting services)"
        ],
        "quotes": [
          "Our fixed fee is negotiable between the range of $6,000 - $15,000 based on the complexity and scope of the planning services rendered. Our hourly fee is $300."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $15,000 to $60,000 a year (ongoing financial planning)"
        ],
        "quotes": [
          "For clients in need of ongoing financial planning, we offer a retainer-based solution that ranges from $15,000 - $60,000 annually, with a minimum fee of $15,000 per year."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,500 to $30,000 a year (pension consulting services)"
        ],
        "quotes": [
          "We also offer pension consulting services for a fixed fee that ranges between $1,500 and $30,000 annually, depending on the complexity and scope of the agreed-upon services."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 6000.0,
          "max": 15000.0,
          "period": "one_time",
          "service": "à la carte financial planning and consulting services"
        },
        {
          "kind": "subscription",
          "amount": null,
          "min": 15000.0,
          "max": 60000.0,
          "period": "annual",
          "service": "ongoing financial planning"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": 1500.0,
          "max": 30000.0,
          "period": "annual",
          "service": "pension consulting services"
        }
      ]
    },
    "quotes": [
      "Our fixed fee is negotiable between the range of $6,000 - $15,000 based on the complexity and scope of the planning services rendered. Our hourly fee is $300.",
      "For clients in need of ongoing financial planning, we offer a retainer-based solution that ranges from $15,000 - $60,000 annually, with a minimum fee of $15,000 per year.",
      "We also offer pension consulting services for a fixed fee that ranges between $1,500 and $30,000 annually, depending on the complexity and scope of the agreed-upon services."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "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/davis-wealth-advisors-salem-nh-287736.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 15,
      "fewer_than_5": false,
      "raum": 4284428.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 72,
      "fewer_than_5": false,
      "raum": 183909632.0
    },
    {
      "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": 7624243.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": true,
      "raum": 1330986.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.",
  "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/287736",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}