{
  "crd_number": 108652,
  "slug": "endowment-wealth-management-inc-appleton-wi-108652",
  "primary_business_name": "ENDOWMENT WEALTH MANAGEMENT, INC.",
  "legal_name": "ENDOWMENT WEALTH MANAGEMENT, INC.",
  "dbas": [],
  "city": "Appleton",
  "state": "WI",
  "country": "United States",
  "cbsa_code": "11540",
  "metro": {
    "cbsa_code": "11540",
    "common_name": "Appleton",
    "msa_name": "Appleton, WI",
    "path": "/advisors/wi/appleton"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-02-08",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-07-06",
  "carried_forward": false,
  "raum_total": 609222636.0,
  "raum_discretionary": 402535915.0,
  "raum_non_discretionary": 206686721.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 14,
  "advisory_employees": 10,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": null,
      "count": 0
    },
    "charitable": {
      "raum": 6633307.0,
      "count": 4
    },
    "individuals": {
      "raum": 157823423.0,
      "count": 326
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 3611813.0,
      "count": 4
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 346465826.0,
      "count": 145
    },
    "pooled_investment_vehicles": {
      "raum": 93515215.0,
      "count": 11
    },
    "corporations_other_businesses": {
      "raum": 1173052.0,
      "count": 1,
      "fewer_than_5": true
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "other",
    "pension_consulting",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "FL",
    "GA",
    "IL",
    "MN",
    "NC",
    "OR",
    "SC",
    "TN",
    "TX",
    "WA",
    "WI"
  ],
  "websites": [
    "https://alpha-maven.com/company/endowment-wealth-management-inc",
    "https://endowmentwm.com",
    "https://facebook.com/ENDOWMENTWM",
    "https://globalalts.com",
    "https://hvst.com/page/endowment-wealth-management",
    "https://linkedin.com/company/endowment-wealth-management-inc-",
    "https://linkedin.com/company/global-alts",
    "https://napfa.org/firm/45553/29443",
    "https://thervo.com/wi/brookfield/financial-planners/endowment-wealth-management-inc",
    "https://x.com/ENDOWMENTWM",
    "https://x.com/GlobalAltsMgmt",
    "https://youtube.com/@endowmentwealthmanagement"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/108652",
  "city_as_filed": "APPLETON",
  "url": "https://advisorcensus.com/firm/endowment-wealth-management-inc-appleton-wi-108652",
  "display_name": "Endowment Wealth Management, Inc.",
  "summary": "Endowment Wealth Management, Inc. is an SEC-registered investment advisory firm in Appleton, WI, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 6, 2026.",
  "citation": "AdvisorCensus. Endowment Wealth Management, Inc. (CRD 108652): 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)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Endowment Wealth Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Endowment Wealth Management, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "How much does Endowment Wealth Management, Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 states: Flat fee: $1,000 to $3,500 (Financial planning); Hourly rate: $250 to $500 an hour (advisory consulting services); Hourly rate: $60 to $250 an hour (Family Office Services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Endowment Wealth Management, Inc. located?",
      "a": "Endowment Wealth Management, Inc.'s principal office is in Appleton, WI, according to its Form ADV; the August 2026 filing also lists 5 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Endowment Wealth Management, Inc. registered with the SEC or a state?",
      "a": "Endowment Wealth Management, Inc. is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 108652."
    },
    {
      "q": "How much does Endowment Wealth Management, Inc. manage?",
      "a": "Endowment Wealth Management, Inc. reports $609,222,636 in regulatory assets under management in its Form ADV filing dated July 6, 2026 (66% discretionary)."
    },
    {
      "q": "How have Endowment Wealth Management, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Endowment Wealth Management, Inc.: Regulatory assets under management: $229,754,855 in the October 2021 data and $609,222,636 in the October 2026 data, up 165%. Total employees: 9 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Endowment Wealth Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (326); high net worth individuals (145); pooled investment vehicles (other than investment companies and business development companies) (11)."
    },
    {
      "q": "Which custodians does Endowment Wealth Management, Inc. use?",
      "a": "Endowment Wealth Management, Inc.'s 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 Endowment Wealth Management, Inc. 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/108652"
    },
    {
      "q": "What changed in Endowment Wealth Management, Inc.'s recent Form ADV filings?",
      "a": "In the August 2026 filing data: Added an office in Brookfield, WI. No longer lists an office in Waukesha, WI."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 229754855.0,
      "total_employees": 9,
      "filing_date": "2021-10-01"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 294564725.0,
      "total_employees": 10,
      "filing_date": "2022-09-02"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 296249741.0,
      "total_employees": 12,
      "filing_date": "2023-06-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 354467316.0,
      "total_employees": 12,
      "filing_date": "2024-08-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 427600085.0,
      "total_employees": 13,
      "filing_date": "2025-07-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 609222636.0,
      "total_employees": 14,
      "filing_date": "2026-07-06"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Added an office in Brookfield, WI.",
        "No longer lists an office in Waukesha, WI."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 9 to 10.",
        "Regulatory assets under management went from $427,600,085 to $609,222,636 (+42%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Registered or notice-filed in NC, OR."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Registered or notice-filed in AZ."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 30, 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: $1,000 to $3,500 (Financial planning)",
      "Hourly rate: $250 to $500 an hour (advisory consulting services)",
      "Hourly rate: $60 to $250 an hour (Family Office Services)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,000 to $3,500 (Financial planning)"
        ],
        "quotes": [
          "Financial planning is billed either at a fixed fee or hourly rate of $350, depending on complexity. Total fees generally range from $1,000 to $3,500."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $250 to $500 an hour (advisory consulting services)"
        ],
        "quotes": [
          "EWM charges an hourly fee of $250 to $500 for advisory consulting services."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $60 to $250 an hour (Family Office Services)"
        ],
        "quotes": [
          "EWM charges an hourly fee of $60 to $250 for Family Office Services."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 1000.0,
          "max": 3500.0,
          "period": "one_time",
          "service": "Financial planning"
        },
        {
          "kind": "hourly",
          "amount": null,
          "min": 250.0,
          "max": 500.0,
          "period": "hour",
          "service": "advisory consulting services"
        },
        {
          "kind": "hourly",
          "amount": null,
          "min": 60.0,
          "max": 250.0,
          "period": "hour",
          "service": "Family Office Services"
        }
      ]
    },
    "quotes": [
      "Financial planning is billed either at a fixed fee or hourly rate of $350, depending on complexity. Total fees generally range from $1,000 to $3,500.",
      "EWM charges an hourly fee of $250 to $500 for advisory consulting services.",
      "EWM charges an hourly fee of $60 to $250 for Family Office 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/endowment-wealth-management-inc-appleton-wi-108652.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 326,
      "fewer_than_5": false,
      "raum": 157823423.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 145,
      "fewer_than_5": false,
      "raum": 346465826.0
    },
    {
      "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": 11,
      "fewer_than_5": false,
      "raum": 93515215.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 4,
      "fewer_than_5": false,
      "raum": 3611813.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 4,
      "fewer_than_5": false,
      "raum": 6633307.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "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": 1,
      "fewer_than_5": true,
      "raum": 1173052.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    }
  ],
  "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/108652",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}