# Johnson Wealth Inc.

> Johnson Wealth Inc. is an SEC-registered investment advisory firm in Milwaukee, WI, registered since 2003, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 125557
- Filed as: JOHNSON WEALTH INC.
- Also doing business as: JOHNSON FINANCIAL GROUP INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Milwaukee, WI
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/125557
- AdvisorCensus page: https://advisorcensus.com/firm/johnson-wealth-inc-milwaukee-wi-125557

## Quick answers

**How is Johnson Wealth Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Johnson Wealth Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**Where is Johnson Wealth Inc. located?**
Johnson Wealth Inc.'s principal office is in Milwaukee, WI, according to its Form ADV; the April 2026 filing also lists 7 other offices (Schedule D, Section 1.F).

**Is Johnson Wealth Inc. registered with the SEC or a state?**
Johnson Wealth Inc. is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 125557.

**How much does Johnson Wealth Inc. manage?**
Johnson Wealth Inc. reports $10,348,426,272 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (82% discretionary).

**How have Johnson Wealth Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Johnson Wealth Inc.: Regulatory assets under management: $7,968,761,778 in the October 2021 data and $10,348,426,272 in the October 2026 data, up 30%. Total employees: 105 in October 2021 and 142 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Johnson Wealth Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (2,058); individuals (other than high net worth individuals) (180); corporations or other businesses not listed above (107).

**Which custodians does Johnson Wealth Inc. use?**
Johnson Wealth Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Johnson Bank (affiliated with the firm) and Pershing LLC as custodians holding 10% or more of its separately managed account assets.

**Does Johnson Wealth Inc. report any disciplinary disclosures?**
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/125557

**What changed in Johnson Wealth Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 61 to 71. Regulatory assets under management went from $9,109,318,040 to $10,348,426,272 (+14%). Changed its office addresses in Madison, WI. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Johnson Bank (affiliated with the firm)
- Pershing LLC

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: $10,348,426,272
- Discretionary: $8,474,742,222
- Non-discretionary: $1,873,684,050

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 180 | $30,031,201 |
| High net worth individuals | 2,058 | $3,893,505,405 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 26 | $291,899,243 |
| Charitable organizations | 36 | $177,295,931 |
| State or municipal government entities (including government pension plans) | 4 | $167,325,953 |
| Other investment advisers | 1 | $4,383,321,131 |
| Corporations or other businesses not listed above | 107 | $1,405,047,408 |

### Advisory services (Item 5.G)
- 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
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2003 (23 years)
- Employees: 142 total, 71 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AZ, CA, CO, CT, DC, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NV, NY, OH, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Appleton, WI
- Green Bay, WI
- Janesville, WI
- Kenosha, WI
- Madison, WI
- Racine, WI
- Waukesha, WI

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $7,968,761,778 | 105 | March 30, 2021 |
| October 2022 | $8,804,222,393 | 107 | March 30, 2022 |
| October 2023 | $7,746,236,885 | 109 | March 30, 2023 |
| October 2024 | $8,435,966,964 | 137 | July 29, 2024 |
| October 2025 | $9,109,318,040 | 132 | March 27, 2025 |
| October 2026 | $10,348,426,272 | 142 | March 27, 2026 |

Regulatory assets under management: $7,968,761,778 in the October 2021 data and $10,348,426,272 in the October 2026 data, up 30%.
Total employees: 105 in October 2021 and 142 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 61 to 71.
- Regulatory assets under management went from $9,109,318,040 to $10,348,426,272 (+14%).
- Changed its office addresses in Madison, WI.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Johnson Wealth Inc. (CRD 125557): Form ADV filing data as of October 2026.