# Lefavi Wealth Management

> Lefavi Wealth Management is an SEC-registered investment advisory firm in Salt Lake City, UT, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 104961
- Filed as: LEFAVI WEALTH MANAGEMENT
- Legal name: Lefavi Wealth Management, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Salt Lake City, UT
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104961
- AdvisorCensus page: https://advisorcensus.com/firm/lefavi-wealth-management-salt-lake-city-ut-104961

## Quick answers

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

**Where is Lefavi Wealth Management located?**
Lefavi Wealth Management's principal office is in Salt Lake City, UT, according to its Form ADV.

**Is Lefavi Wealth Management registered with the SEC or a state?**
Lefavi Wealth Management is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 104961.

**How much does Lefavi Wealth Management manage?**
Lefavi Wealth Management reports $444,990,856 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have Lefavi Wealth Management's assets and staff changed since 2021?**
In the Form ADV data for Lefavi Wealth Management: Regulatory assets under management: $373,622,302 in the October 2021 data and $444,990,856 in the October 2026 data, up 19%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Lefavi Wealth Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (413); high net worth individuals (163).

**Which custodians does Lefavi Wealth Management use?**
Lefavi Wealth Management'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 Lefavi Wealth Management report any disciplinary disclosures?**
Reports 5 disclosure items on Form ADV Item 11: yes answers to 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), 11.E(1) (self-regulatory organization's finding of a false statement or omission), 11.E(2) (self-regulatory organization's finding of a rule violation), and 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). 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/104961

**Does Lefavi Wealth Management state an account minimum?**
Its Form ADV Part 2A brochure dated March 25, 2026 says: "There is currently no minimum account size or minimum fee."

## 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 March 25, 2026)

- Account minimum: None

> There is currently no minimum account size or minimum fee.

- Minimum annual fee: None

> There is currently no minimum account size or minimum fee.

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: $444,990,856
- Discretionary: $444,990,856
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 413 | $97,179,156 |
| High net worth individuals | 163 | $347,811,700 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2012 (14 years)
- Employees: 5 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, ID, OR, TX, UT, WY
- Disclosures (Item 11): Reports 5 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.E(1): Has a self-regulatory organization (such as FINRA) or a commodities exchange ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.E(2): 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?
- 11.E(4): Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?

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/104961

### Websites listed on Form ADV (Item 1.I)
- [lefavi.com](https://lefavi.com)
- Facebook @LEFAVIWEALTHMANAGEMENT
- Instagram @LEFAVIWEALTH
- LinkedIn @2185153
- Pinterest @LEFAVIWEALTH
- X @LEFAVIWEALTH

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $373,622,302 | 5 | March 31, 2021 |
| October 2022 | $350,429,746 | 4 | March 21, 2022 |
| October 2023 | $352,780,587 | 5 | March 29, 2023 |
| October 2024 | $383,048,117 | 5 | March 19, 2024 |
| October 2025 | $438,841,383 | 5 | March 31, 2025 |
| October 2026 | $444,990,856 | 5 | March 25, 2026 |

Regulatory assets under management: $373,622,302 in the October 2021 data and $444,990,856 in the October 2026 data, up 19%.
Total employees: 5 in October 2021 and 5 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lefavi Wealth Management (CRD 104961): Form ADV filing data as of October 2026.