{
  "crd_number": 300918,
  "slug": "hemming-and-wealth-management-inc-traverse-city-mi-300918",
  "primary_business_name": "HEMMING& WEALTH MANAGEMENT, INC.",
  "legal_name": "HEMMING& WEALTH MANAGEMENT, INC.",
  "dbas": [],
  "city": "Traverse City",
  "state": "MI",
  "country": "United States",
  "cbsa_code": "45900",
  "metro": {
    "cbsa_code": "45900",
    "common_name": "Traverse City",
    "msa_name": "Traverse City, MI",
    "path": "/advisors/mi/traverse-city"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-04-10",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-06-05",
  "carried_forward": false,
  "raum_total": 292580381.0,
  "raum_discretionary": 288094406.0,
  "raum_non_discretionary": 4485975.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 9,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 98108364.0,
      "count": 323
    },
    "high_net_worth_individuals": {
      "raum": 189986042.0,
      "count": 113
    },
    "corporations_other_businesses": {
      "raum": 4485975.0,
      "count": 10
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "MI",
    "TX"
  ],
  "websites": [
    "https://facebook.com/hemmingwm",
    "https://hemmingwm.com",
    "https://linkedin.com/company/hemming-wealth-management/about",
    "https://youtube.com/channel/UCURTKeLj9RS5yzs547IkiFg"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/300918",
  "city_as_filed": "TRAVERSE CITY",
  "url": "https://advisorcensus.com/firm/hemming-and-wealth-management-inc-traverse-city-mi-300918",
  "display_name": "Hemming& Wealth Management, Inc.",
  "summary": "Hemming& Wealth Management, Inc. is an SEC-registered investment advisory firm in Traverse City, MI, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 5, 2026.",
  "citation": "AdvisorCensus. Hemming& Wealth Management, Inc. (CRD 300918): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Hemming& Wealth Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Hemming& Wealth Management, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Hemming& Wealth Management, Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated June 5, 2026 states: Hourly rate: $500 an hour (Project-based financial planning engagements). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Hemming& Wealth Management, Inc. located?",
      "a": "Hemming& Wealth Management, Inc.'s principal office is in Traverse City, MI, according to its Form ADV."
    },
    {
      "q": "Is Hemming& Wealth Management, Inc. registered with the SEC or a state?",
      "a": "Hemming& Wealth Management, Inc. is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 300918."
    },
    {
      "q": "How much does Hemming& Wealth Management, Inc. manage?",
      "a": "Hemming& Wealth Management, Inc. reports $292,580,381 in regulatory assets under management in its Form ADV filing dated June 5, 2026 (98% discretionary)."
    },
    {
      "q": "How have Hemming& Wealth Management, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Hemming& Wealth Management, Inc.: Regulatory assets under management: $151,804,161 in the October 2021 data and $292,580,381 in the October 2026 data, up 93%. Total employees: 7 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Hemming& Wealth Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (323); high net worth individuals (113); corporations or other businesses not listed above (10)."
    },
    {
      "q": "Which custodians does Hemming& Wealth Management, Inc. use?",
      "a": "Hemming& Wealth Management, Inc.'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 Hemming& Wealth Management, Inc. 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/300918"
    },
    {
      "q": "Does Hemming& Wealth Management, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated June 5, 2026 says: \"hemming& Wealth Management generally requires a minimum size of $500,000 for establishing a relationship. hemming& Wealth Management may waive the minimum at its sole discretion.\""
    },
    {
      "q": "What changed in Hemming& Wealth Management, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $253,122,835 to $292,580,381 (+16%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 151804161.0,
      "total_employees": 7,
      "filing_date": "2021-03-26"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 190695533.0,
      "total_employees": 7,
      "filing_date": "2022-06-06"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 177706887.0,
      "total_employees": 9,
      "filing_date": "2023-05-19"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 190474213.0,
      "total_employees": 8,
      "filing_date": "2024-08-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 253122835.0,
      "total_employees": 9,
      "filing_date": "2025-07-16"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 292580381.0,
      "total_employees": 9,
      "filing_date": "2026-06-05"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $253,122,835 to $292,580,381 (+16%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 5, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $500 an hour (Project-based financial planning engagements)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "hemming& Wealth Management generally requires a minimum size of $500,000 for establishing a relationship. hemming& Wealth Management may waive the minimum at its sole discretion."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $500 an hour (Project-based financial planning engagements)"
        ],
        "quotes": [
          "Project-based financial planning engagements may be offered at an hourly rate of up to $500 or a fixed engagement fee."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 500000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 500.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Project-based financial planning engagements"
        }
      ]
    },
    "quotes": [
      "hemming& Wealth Management generally requires a minimum size of $500,000 for establishing a relationship. hemming& Wealth Management may waive the minimum at its sole discretion.",
      "Project-based financial planning engagements may be offered at an hourly rate of up to $500 or a fixed engagement fee."
    ],
    "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/hemming-and-wealth-management-inc-traverse-city-mi-300918.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 323,
      "fewer_than_5": false,
      "raum": 98108364.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 113,
      "fewer_than_5": false,
      "raum": 189986042.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 10,
      "fewer_than_5": false,
      "raum": 4485975.0
    }
  ],
  "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/300918",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}