# FRA Wealth Management LLC

> 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.

- CRD: 284020
- Filed as: FRA WEALTH MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: O'Fallon, IL
- Filing period: October 2026
- Form ADV filing dated: August 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/284020
- AdvisorCensus page: https://advisorcensus.com/firm/fra-wealth-management-llc-o-fallon-il-284020

## Quick answers

**How is FRA Wealth Management LLC compensated?**
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).

**How much does FRA Wealth Management LLC charge?**
Its Form ADV Part 2A brochure dated July 9, 2026 states: Flat fee: up to $10,000 (Financial plans); Flat fee: up to $5,000 (Financial review plans); Flat fee: $250 (one-time review and asset allocation/investment recommendation). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is FRA Wealth Management LLC located?**
FRA Wealth Management LLC's principal office is in O'Fallon, IL, according to its Form ADV.

**Is FRA Wealth Management LLC registered with the SEC or a state?**
FRA Wealth Management LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 284020.

**How much does FRA Wealth Management LLC manage?**
FRA Wealth Management LLC reports $112,760,000 in regulatory assets under management in its Form ADV filing dated August 25, 2026 (78% discretionary).

**How have FRA Wealth Management LLC's assets and staff changed since 2025?**
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.

**What types of clients does FRA Wealth Management LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (902); high net worth individuals (8).

**Which custodians does FRA Wealth Management LLC use?**
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.

**Does FRA Wealth Management LLC report any disciplinary disclosures?**
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

**What changed in FRA Wealth Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $100,040,594 to $112,760,000 (+13%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated July 9, 2026)

- Flat fee: up to $10,000 (Financial plans)

> Financial plans are provided at a fixed rate. The maximum fixed planning fee is $10,000.

- Flat fee: up to $5,000 (Financial review plans)

> Financial review plans are provided at a fixed rate. The maximum fee is $5,000.

- Flat fee: $250 (one-time review and asset allocation/investment recommendation)

> A one-time review and asset allocation/investment recommendation is available for a fee of $250.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $112,760,000
- Discretionary: $88,248,316
- Non-discretionary: $24,511,684

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 902 | $88,203,000 |
| High net worth individuals | 8 | $24,557,000 |

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

### Firm details
- Registered since: 2025 (1 year)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IL, MO, TX
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(4): 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?
- 11.H(2): 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)?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/284020

### Websites listed on Form ADV (Item 1.I)
- frawealthmanagement.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $100,040,594 | 2 | April 23, 2025 |
| October 2026 | $112,760,000 | 2 | August 25, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $100,040,594 to $112,760,000 (+13%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. FRA Wealth Management LLC (CRD 284020): Form ADV filing data as of October 2026.