# Davis Wealth Advisors

> 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.

- CRD: 287736
- Filed as: DAVIS WEALTH ADVISORS
- Legal name: Davis Wealth Advisors LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Salem, NH
- Filing period: October 2026
- Form ADV filing dated: July 6, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/287736
- AdvisorCensus page: https://advisorcensus.com/firm/davis-wealth-advisors-salem-nh-287736

## Quick answers

**How is Davis Wealth Advisors compensated?**
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).

**Where is Davis Wealth Advisors located?**
Davis Wealth Advisors' principal office is in Salem, NH, according to its Form ADV.

**Is Davis Wealth Advisors registered with the SEC or a state?**
Davis Wealth Advisors is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 287736.

**How much does Davis Wealth Advisors manage?**
Davis Wealth Advisors reports $197,149,289 in regulatory assets under management in its Form ADV filing dated July 6, 2026 (94% discretionary).

**How have Davis Wealth Advisors' assets and staff changed since 2024?**
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.

**What types of clients does Davis Wealth Advisors serve?**
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).

**Which custodians does Davis Wealth Advisors use?**
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.

**Does Davis Wealth Advisors report any disciplinary disclosures?**
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

**What changed in Davis Wealth Advisors' recent Form ADV filings?**
In the August 2026 filing data: Registered or notice-filed in TX.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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: $197,149,289
- Discretionary: $186,176,100
- Non-discretionary: $10,973,189

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 15 | $4,284,428 |
| High net worth individuals | 72 | $183,909,632 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 3 | $7,624,243 |
| Corporations or other businesses not listed above | 2 | $1,330,986 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2024 (2 years)
- Employees: 6 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA, NH, TX
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(4): 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?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/287736

### Websites listed on Form ADV (Item 1.I)
- daviswealthadvisors.net
- LinkedIn @27111657
- LinkedIn @melindakdavis

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $135,791,193 | 4 | June 25, 2024 |
| October 2025 | $158,750,758 | 4 | March 31, 2025 |
| October 2026 | $197,149,289 | 6 | July 6, 2026 |

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.

## Changes in the filing (last 12 months)

### August 2026
- Registered or notice-filed in TX.

### April 2026
- Employees performing advisory functions went from 3 to 5.
- Regulatory assets under management went from $158,750,758 to $197,149,289 (+24%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Davis Wealth Advisors (CRD 287736): Form ADV filing data as of October 2026.