AdvisorCensus / Financial advisors / Florida / Orlando / Familywealth Asset Management
Familywealth Asset Management is an SEC-registered investment advisory firm in Lake Mary, FL, registered since 2009, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.
Quick answers
From the filingHow is Familywealth Asset Management compensated?
On its Form ADV (Item 5.E, October 2026), Familywealth Asset Management reports these compensation arrangements: a percentage of assets under its management; subscription fees (for a newsletter or periodical); other.
How much does Familywealth Asset Management charge?
Its Form ADV Part 2A brochure dated March 31, 2026 states: Flat fee: $10,000 to $100,000 a year (establishing your IPS, reviewing your Plan structure…). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Familywealth Asset Management located?
Familywealth Asset Management's principal office is in Lake Mary, FL, according to its Form ADV; the April 2026 filing also lists 3 other offices (Schedule D, Section 1.F).
Is Familywealth Asset Management registered with the SEC or a state?
Familywealth Asset Management is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 147869.
How much does Familywealth Asset Management manage?
Familywealth Asset Management reports $177,037,715 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (83% discretionary).
How have Familywealth Asset Management's assets and staff changed since 2021?
In the Form ADV data for Familywealth Asset Management: Regulatory assets under management: $134,960,061 in the October 2021 data and $177,037,715 in the October 2026 data, up 31%. Total employees: 6 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Familywealth Asset Management serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (384); high net worth individuals (29); pension and profit sharing plans (but not the plan participants or government pension plans) (6).
Which custodians does Familywealth Asset Management use?
Familywealth Asset Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Austin Capital Trust Company, Charles Schwab & Co., Inc. and Fidelity Distributors Company LLC as custodians holding 10% or more of its separately managed account assets.
Does Familywealth Asset Management report any disciplinary disclosures?
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). 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/147869
What changed in Familywealth Asset Management's recent Form ADV filings?
In the April 2026 filing data: Item 11 disclosure answers changed: 3 yes answers, previously 0 (now yes: 11.C(2), 11.C(4), 11.C(5)). Employees performing advisory functions went from 4 to 3. No longer lists an office in Lake Mary, FL.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Subscription fees (for a newsletter or periodical)
- Other
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Flat fee: $10,000 to $100,000 a year (establishing your IPS, reviewing your Plan structure…)
The brochure's wording
The fee paid for our services will be a flat annual fee of $10,000 - $100,000 or a fee based upon the amount of assets under
As stated in the firm's Form ADV Part 2A brochure dated March 31, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$177,037,715 as of October 2026, filing dated March 31, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
- Other
Registration and firm details
Items 1, 2, 5- Also doing business as
- FAMILYWEALTH ADVISERS, LLC, GUSTAFSSON WEALTH MANAGEMENT, INC., MUGARIAN INVESTMENT GROUP LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2009 (17 years)
- Employees
- Total: 4. Performing investment advisory functions: 3.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
3 other offices, as of the April 2026 filing
- States registered or notice-filed
-
38 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 113 Reports 3 disclosure items on Form ADV Item 11. View on IAPD.
Questions answered yes on this filing
Regulatory matters Items 11.C to 11.G
- 11.C(2) Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4) Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5) Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an 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. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $177,037,715 | 4 | March 31, 2026 |
| October 2025 | $180,860,558 | 4 | March 31, 2025 |
| October 2024 | $175,053,545 | 4 | September 30, 2024 |
| October 2023 | $198,269,047 | 5 | March 31, 2023 |
| October 2022 | $268,401,574 | 6 | March 26, 2022 |
| October 2021 | $134,960,061 | 6 | March 30, 2021 |
Regulatory assets under management: $134,960,061 in the October 2021 data and $177,037,715 in the October 2026 data, up 31%.
Total employees: 6 in October 2021 and 4 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Item 11 disclosure answers changed: 3 yes answers, previously 0 (now yes: 11.C(2), 11.C(4), 11.C(5)).
- Employees performing advisory functions went from 4 to 3.
- No longer lists an office in Lake Mary, FL.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Familywealth Asset Management (CRD 147869): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/familywealth-asset-management-lake-mary-fl-147869