AdvisorCensus / Financial advisors / Missouri / Kansas City / FAS Wealth Partners, Inc.
FAS Wealth Partners, Inc. is an SEC-registered investment advisory firm in Leawood, KS, registered since 1983, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated February 25, 2026.
Quick answers
From the filingHow is FAS Wealth Partners, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), FAS Wealth Partners, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.
Where is FAS Wealth Partners, Inc. located?
FAS Wealth Partners, Inc.'s principal office is in Leawood, KS, according to its Form ADV.
Is FAS Wealth Partners, Inc. registered with the SEC or a state?
FAS Wealth Partners, Inc. is an SEC-registered investment advisory firm, registered since 1983. Status as filed: Approved. CRD 109796.
How much does FAS Wealth Partners, Inc. manage?
FAS Wealth Partners, Inc. reports $3,776,012,822 in regulatory assets under management in its Form ADV filing dated February 25, 2026 (100% discretionary).
How have FAS Wealth Partners, Inc.'s assets and staff changed since 2021?
In the Form ADV data for FAS Wealth Partners, Inc.: Regulatory assets under management: $1,881,413,579 in the October 2021 data and $3,776,012,822 in the October 2026 data, up 101%. Total employees: 23 in October 2021 and 33 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does FAS Wealth Partners, Inc. serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (917); high net worth individuals (607); pension and profit sharing plans (but not the plan participants or government pension plans) (27).
Which custodians does FAS Wealth Partners, Inc. use?
FAS Wealth Partners, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC (affiliated with the firm) as custodians holding 10% or more of its separately managed account assets.
Does FAS Wealth Partners, Inc. report any disciplinary disclosures?
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/109796
What changed in FAS Wealth Partners, Inc.'s recent Form ADV filings?
In the March 2026 filing data: Employees performing advisory functions went from 24 to 20. Regulatory assets under management went from $3,085,389,748 to $3,776,012,822 (+22%). Registered or notice-filed in ME.
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
- Hourly charges
- Fixed fees (other than subscription fees)
- 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 2ASee the firm's brochure (dated February 25, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$3,776,012,822 as of October 2026, filing dated February 25, 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- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Publication of periodicals or newsletters
- Educational seminars/workshops
- Other
Registration and firm details
Items 1, 2, 5- Also doing business as
- FAS, FAS WEALTH PARTNERS
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1983 (43 years)
- Employees
- Total: 33. Performing investment advisory functions: 20.
- 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.
- States registered or notice-filed
-
31 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on 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 | $3,776,012,822 | 33 | February 25, 2026 |
| October 2025 | $3,085,389,748 | 36 | February 28, 2025 |
| October 2024 | $2,639,813,467 | 28 | March 26, 2024 |
| October 2023 | $2,353,156,283 | 26 | May 2, 2023 |
| October 2022 | $2,155,592,799 | 26 | September 30, 2022 |
| October 2021 | $1,881,413,579 | 23 | March 31, 2021 |
Regulatory assets under management: $1,881,413,579 in the October 2021 data and $3,776,012,822 in the October 2026 data, up 101%.
Total employees: 23 in October 2021 and 33 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- March 2026
- Employees performing advisory functions went from 24 to 20.
- Regulatory assets under management went from $3,085,389,748 to $3,776,012,822 (+22%).
- Registered or notice-filed in ME.
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. FAS Wealth Partners, Inc. (CRD 109796): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/fas-wealth-partners-inc-leawood-ks-109796