{
  "crd_number": 335746,
  "slug": "fao-wealth-inc-trumbull-ct-335746",
  "primary_business_name": "FAO WEALTH INC",
  "legal_name": "FAO WEALTH INC",
  "dbas": [],
  "city": "Trumbull",
  "state": "CT",
  "country": "United States",
  "cbsa_code": "14860",
  "metro": {
    "cbsa_code": "14860",
    "common_name": "Bridgeport",
    "msa_name": "Bridgeport-Stamford-Danbury, CT",
    "path": "/advisors/ct/bridgeport"
  },
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2025-10-28",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-04-01",
  "carried_forward": false,
  "raum_total": 44380981.0,
  "raum_discretionary": 44380981.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 2414360.0,
      "count": 1,
      "description": "CHARITABLE REMAINDER TRUST"
    },
    "charitable": {
      "raum": 119000.0,
      "count": 1
    },
    "individuals": {
      "raum": 18759722.0,
      "count": 55
    },
    "high_net_worth_individuals": {
      "raum": 23087899.0,
      "count": 13
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CT",
    "FL"
  ],
  "websites": [
    "https://faowealth.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/335746",
  "city_as_filed": "TRUMBULL",
  "url": "https://advisorcensus.com/firm/fao-wealth-inc-trumbull-ct-335746",
  "display_name": "FAO Wealth Inc",
  "summary": "FAO Wealth Inc is a state-registered investment advisory firm in Trumbull, CT, registered since 2025, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated April 1, 2026.",
  "citation": "AdvisorCensus. FAO Wealth Inc (CRD 335746): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is FAO Wealth Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), FAO Wealth Inc reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is FAO Wealth Inc located?",
      "a": "FAO Wealth Inc's principal office is in Trumbull, CT, according to its Form ADV."
    },
    {
      "q": "Is FAO Wealth Inc registered with the SEC or a state?",
      "a": "FAO Wealth Inc is a state-registered investment advisory firm, registered since 2025. Status as filed: APPROVED. CRD 335746."
    },
    {
      "q": "How much does FAO Wealth Inc manage?",
      "a": "FAO Wealth Inc reports $44,380,981 in regulatory assets under management in its Form ADV filing dated April 1, 2026 (100% discretionary)."
    },
    {
      "q": "How have FAO Wealth Inc's assets and staff changed since 2025?",
      "a": "In the Form ADV data for FAO Wealth Inc: Regulatory assets under management: $0 in the October 2025 data and $44,380,981 in the October 2026 data. Total employees: 2 in October 2025 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does FAO Wealth Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (55); high net worth individuals (13); charitable organizations (1)."
    },
    {
      "q": "Does FAO Wealth 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 public record on IAPD: https://adviserinfo.sec.gov/firm/summary/335746"
    },
    {
      "q": "What changed in FAO Wealth Inc's recent Form ADV filings?",
      "a": "In the January 2026 filing data: No longer registered or notice-filed in CT."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 2,
      "filing_date": "2025-07-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 44380981.0,
      "total_employees": 2,
      "filing_date": "2026-04-01"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in CT."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/fao-wealth-inc-trumbull-ct-335746.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 55,
      "fewer_than_5": false,
      "raum": 18759722.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 13,
      "fewer_than_5": false,
      "raum": 23087899.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": false,
      "raum": 119000.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 1,
      "fewer_than_5": false,
      "raum": 2414360.0
    }
  ],
  "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/335746",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}