# Fortune Wealth Management, LLC

> Fortune Wealth Management, LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2011, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 2, 2026.

- CRD: 157832
- Filed as: FORTUNE WEALTH MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: February 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157832
- AdvisorCensus page: https://advisorcensus.com/firm/fortune-wealth-management-llc-dallas-tx-157832

## Quick answers

**How is Fortune Wealth Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Fortune Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Fortune Wealth Management, LLC located?**
Fortune Wealth Management, LLC's principal office is in Dallas, TX, according to its Form ADV.

**Is Fortune Wealth Management, LLC registered with the SEC or a state?**
Fortune Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 157832.

**How much does Fortune Wealth Management, LLC manage?**
Fortune Wealth Management, LLC reports $396,337,714 in regulatory assets under management in its Form ADV filing dated February 2, 2026 (98% discretionary).

**How have Fortune Wealth Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Fortune Wealth Management, LLC: Regulatory assets under management: $289,913,000 in the October 2021 data and $396,337,714 in the October 2026 data, up 37%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Fortune Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (101); individuals (other than high net worth individuals) (98); pension and profit sharing plans (but not the plan participants or government pension plans) (2).

**Does Fortune Wealth Management, LLC 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/157832

**What changed in Fortune Wealth Management, LLC's recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 2 to 3. Regulatory assets under management went from $343,522,741 to $396,337,714 (+15%). Registered or notice-filed in CA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $396,337,714
- Discretionary: $387,018,229
- Non-discretionary: $9,319,485

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 98 | $63,870,656 |
| High net worth individuals | 101 | $323,147,573 |
| Banking or thrift institutions | Fewer than 5 | $0 |
| Investment companies | Not reported | $0 |
| Business development companies | Not reported | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | Not reported | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $9,319,485 |
| Charitable organizations | Fewer than 5 | $0 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $0 |
| Other investment advisers | Fewer than 5 | $0 |
| Insurance companies | Fewer than 5 | $0 |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 |
| Corporations or other businesses not listed above | Fewer than 5 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters

### Firm details
- Registered since: 2011 (15 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, GA, TN, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [fortunewealthmanagement.com](https://fortunewealthmanagement.com)
- LinkedIn @fortune-wealth-management-llc
- X @FortuneWealthMg

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $289,913,000 | 3 | April 5, 2021 |
| October 2022 | $300,006,951 | 4 | May 3, 2022 |
| October 2023 | $264,570,443 | 5 | August 24, 2023 |
| October 2024 | $306,001,600 | 5 | August 7, 2024 |
| October 2025 | $343,522,741 | 3 | April 9, 2025 |
| October 2026 | $396,337,714 | 3 | February 2, 2026 |

Regulatory assets under management: $289,913,000 in the October 2021 data and $396,337,714 in the October 2026 data, up 37%.
Total employees: 3 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 2 to 3.
- Regulatory assets under management went from $343,522,741 to $396,337,714 (+15%).
- Registered or notice-filed in CA.

### January 2026
- No longer registered or notice-filed in CA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Fortune Wealth Management, LLC (CRD 157832): Form ADV filing data as of October 2026.