{
  "crd_number": 127134,
  "slug": "foundation-wealth-management-llc-clayton-mo-127134",
  "primary_business_name": "FOUNDATION WEALTH MANAGEMENT, LLC",
  "legal_name": "FOUNDATION WEALTH MANAGEMENT, LLC",
  "dbas": [],
  "city": "Clayton",
  "state": "MO",
  "country": "United States",
  "cbsa_code": "41180",
  "metro": {
    "cbsa_code": "41180",
    "common_name": "St. Louis",
    "msa_name": "St. Louis, MO-IL",
    "path": "/advisors/mo/st-louis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2003-07-10",
  "years_registered": 23,
  "period": "2026-10-01",
  "filing_date": "2026-04-20",
  "carried_forward": false,
  "raum_total": 660649789.0,
  "raum_discretionary": 579137329.0,
  "raum_non_discretionary": 81512460.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 6,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 41488220.0,
      "count": 157
    },
    "state_municipal": {
      "raum": 68763006.0,
      "count": 5
    },
    "pension_profit_sharing": {
      "raum": 4881606.0,
      "count": 3,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 545516957.0,
      "count": 194
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "FL",
    "GA",
    "IL",
    "LA",
    "MO",
    "NC",
    "TX"
  ],
  "websites": [
    "https://fwmria.com",
    "https://linkedin.com/company/foundation-wealth-management"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/127134",
  "city_as_filed": "CLAYTON",
  "url": "https://advisorcensus.com/firm/foundation-wealth-management-llc-clayton-mo-127134",
  "display_name": "Foundation Wealth Management, LLC",
  "summary": "Foundation Wealth Management, LLC is an SEC-registered investment advisory firm in Clayton, MO, registered since 2003, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 20, 2026.",
  "citation": "AdvisorCensus. Foundation Wealth Management, LLC (CRD 127134): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Foundation Wealth Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Foundation Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Foundation Wealth Management, LLC located?",
      "a": "Foundation Wealth Management, LLC's principal office is in Clayton, MO, according to its Form ADV."
    },
    {
      "q": "Is Foundation Wealth Management, LLC registered with the SEC or a state?",
      "a": "Foundation Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 127134."
    },
    {
      "q": "How much does Foundation Wealth Management, LLC manage?",
      "a": "Foundation Wealth Management, LLC reports $660,649,789 in regulatory assets under management in its Form ADV filing dated April 20, 2026 (88% discretionary)."
    },
    {
      "q": "How have Foundation Wealth Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Foundation Wealth Management, LLC: Regulatory assets under management: $455,924,368 in the October 2021 data and $660,649,789 in the October 2026 data, up 45%. Total employees: 5 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Foundation Wealth Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (194); individuals (other than high net worth individuals) (157); state or municipal government entities (including government pension plans) (5)."
    },
    {
      "q": "Which custodians does Foundation Wealth Management, LLC use?",
      "a": "Foundation Wealth Management, LLC'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 Foundation Wealth Management, LLC 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/127134"
    },
    {
      "q": "What changed in Foundation Wealth Management, LLC's recent Form ADV filings?",
      "a": "In the May 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 455924368.0,
      "total_employees": 5,
      "filing_date": "2021-03-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 529401575.0,
      "total_employees": 6,
      "filing_date": "2022-05-19"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 478007412.0,
      "total_employees": 6,
      "filing_date": "2023-03-22"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 525135470.0,
      "total_employees": 5,
      "filing_date": "2024-07-02"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 593216493.0,
      "total_employees": 6,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 660649789.0,
      "total_employees": 6,
      "filing_date": "2026-04-20"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $593,216,493 to $660,649,789 (+11%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$10,000",
    "figures": [
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $10,000"
        ],
        "quotes": [
          "All Accounts are subject to a minimum annual Advisory Fee of $10,000."
        ]
      }
    ],
    "quotes": [
      "All Accounts are subject to a minimum annual Advisory Fee of $10,000."
    ],
    "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/foundation-wealth-management-llc-clayton-mo-127134.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 157,
      "fewer_than_5": false,
      "raum": 41488220.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 194,
      "fewer_than_5": false,
      "raum": 545516957.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 3,
      "fewer_than_5": true,
      "raum": 4881606.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 68763006.0
    }
  ],
  "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/127134",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}