{
  "crd_number": 145049,
  "slug": "gbm-wealth-management-inc-houston-tx-145049",
  "primary_business_name": "GBM WEALTH MANAGEMENT, INC.",
  "legal_name": "GBM WEALTH MANAGEMENT, INC.",
  "dbas": [
    "GBM INVESTOR"
  ],
  "city": "Houston",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "26420",
  "metro": {
    "cbsa_code": "26420",
    "common_name": "Houston",
    "msa_name": "Houston-Pasadena-The Woodlands, TX",
    "path": "/advisors/tx/houston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-03-29",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-09-03",
  "carried_forward": false,
  "raum_total": 346401658.0,
  "raum_discretionary": 306837615.0,
  "raum_non_discretionary": 39564043.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 10,
  "advisory_employees": 8,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 23472105.0,
      "count": 3,
      "description": "TRUSTS"
    },
    "individuals": {
      "raum": 98494985.0,
      "count": 451
    },
    "insurance_companies": {
      "raum": 6972139.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 148712583.0,
      "count": 60
    },
    "corporations_other_businesses": {
      "raum": 68749846.0,
      "count": 32
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "CA",
    "FL",
    "MI",
    "TX"
  ],
  "websites": [
    "https://gbminvestor.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/145049",
  "disclosure_items": [
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "HOUSTON",
  "url": "https://advisorcensus.com/firm/gbm-wealth-management-inc-houston-tx-145049",
  "display_name": "GBM Wealth Management, Inc.",
  "summary": "GBM Wealth Management, Inc. is an SEC-registered investment advisory firm in Houston, TX, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 3, 2026.",
  "citation": "AdvisorCensus. GBM Wealth Management, Inc. (CRD 145049): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is GBM Wealth Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), GBM Wealth Management, Inc. reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does GBM Wealth Management, Inc.'s brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated June 10, 2026 states: Asset-based fee: 0.25% to 1.75% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is GBM Wealth Management, Inc. located?",
      "a": "GBM Wealth Management, Inc.'s principal office is in Houston, TX, according to its Form ADV."
    },
    {
      "q": "Is GBM Wealth Management, Inc. registered with the SEC or a state?",
      "a": "GBM Wealth Management, Inc. is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 145049."
    },
    {
      "q": "How much does GBM Wealth Management, Inc. manage?",
      "a": "GBM Wealth Management, Inc. reports $346,401,658 in regulatory assets under management in its Form ADV filing dated September 3, 2026 (89% discretionary)."
    },
    {
      "q": "How have GBM Wealth Management, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for GBM Wealth Management, Inc.: Regulatory assets under management: $117,345,828 in the October 2021 data and $346,401,658 in the October 2026 data, up 195%. Total employees: 3 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does GBM Wealth Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (451); high net worth individuals (60); corporations or other businesses not listed above (32)."
    },
    {
      "q": "Which custodians does GBM Wealth Management, Inc. use?",
      "a": "GBM Wealth Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does GBM Wealth Management, Inc. report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). 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/145049"
    },
    {
      "q": "What changed in GBM Wealth Management, Inc.'s recent Form ADV filings?",
      "a": "In the July 2026 filing data: Added the business name GBM Investor. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 117345828.0,
      "total_employees": 3,
      "filing_date": "2021-09-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 128441520.0,
      "total_employees": 6,
      "filing_date": "2024-04-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 217668178.0,
      "total_employees": 7,
      "filing_date": "2025-05-22"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 346401658.0,
      "total_employees": 10,
      "filing_date": "2026-09-03"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Added the business name GBM Investor.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 5 to 8.",
        "Regulatory assets under management went from $217,668,178 to $346,401,658 (+59%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in MI."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 10, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.25% to 1.75% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.25% to 1.75% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "GBM Wealth’s annual advisory fee ranges from 0.25% to 1.75% of net asset value, depending on account size, complexity, and other factors."
        ]
      }
    ],
    "quotes": [
      "GBM Wealth’s annual advisory fee ranges from 0.25% to 1.75% of net asset value, depending on account size, complexity, and other factors."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING 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/gbm-wealth-management-inc-houston-tx-145049.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 451,
      "fewer_than_5": false,
      "raum": 98494985.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 60,
      "fewer_than_5": false,
      "raum": 148712583.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": true,
      "raum": 6972139.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 32,
      "fewer_than_5": false,
      "raum": 68749846.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 3,
      "fewer_than_5": false,
      "raum": 23472105.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item 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/145049",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}