{
  "crd_number": 284020,
  "slug": "fra-wealth-management-llc-o-fallon-il-284020",
  "primary_business_name": "FRA WEALTH MANAGEMENT LLC",
  "legal_name": "FRA WEALTH MANAGEMENT LLC",
  "dbas": [],
  "city": "O'Fallon",
  "state": "IL",
  "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": "2025-05-08",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-08-25",
  "carried_forward": false,
  "raum_total": 112760000.0,
  "raum_discretionary": 88248316.0,
  "raum_non_discretionary": 24511684.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 88203000.0,
      "count": 902
    },
    "high_net_worth_individuals": {
      "raum": 24557000.0,
      "count": 8
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "FL",
    "IL",
    "MO",
    "TX"
  ],
  "websites": [
    "https://frawealthmanagement.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/284020",
  "disclosure_items": [
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.H(2)",
      "question": "Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?"
    }
  ],
  "city_as_filed": "O'FALLON",
  "url": "https://advisorcensus.com/firm/fra-wealth-management-llc-o-fallon-il-284020",
  "display_name": "FRA Wealth Management LLC",
  "summary": "FRA Wealth Management LLC is an SEC-registered investment advisory firm in O'Fallon, IL, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 25, 2026.",
  "citation": "AdvisorCensus. FRA Wealth Management LLC (CRD 284020): 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",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is FRA Wealth Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), FRA Wealth Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is FRA Wealth Management LLC located?",
      "a": "FRA Wealth Management LLC's principal office is in O'Fallon, IL, according to its Form ADV."
    },
    {
      "q": "Is FRA Wealth Management LLC registered with the SEC or a state?",
      "a": "FRA Wealth Management LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 284020."
    },
    {
      "q": "How much does FRA Wealth Management LLC manage?",
      "a": "FRA Wealth Management LLC reports $112,760,000 in regulatory assets under management in its Form ADV filing dated August 25, 2026 (78% discretionary)."
    },
    {
      "q": "How have FRA Wealth Management LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for FRA Wealth Management LLC: Regulatory assets under management: $100,040,594 in the October 2025 data and $112,760,000 in the October 2026 data, up 13%. 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 FRA Wealth Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (902); high net worth individuals (8)."
    },
    {
      "q": "Which custodians does FRA Wealth Management LLC use?",
      "a": "FRA Wealth Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does FRA Wealth Management LLC report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(4) (another regulator's order in the past ten years) and 11.H(2) (pending civil proceeding). 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/284020"
    },
    {
      "q": "What changed in FRA Wealth Management LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $100,040,594 to $112,760,000 (+13%)."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 100040594.0,
      "total_employees": 2,
      "filing_date": "2025-04-23"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 112760000.0,
      "total_employees": 2,
      "filing_date": "2026-08-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $100,040,594 to $112,760,000 (+13%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/fra-wealth-management-llc-o-fallon-il-284020.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 902,
      "fewer_than_5": false,
      "raum": 88203000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 8,
      "fewer_than_5": false,
      "raum": 24557000.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "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/284020",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}