# Means Wealth Management

> Means Wealth Management is an SEC-registered investment advisory firm in Bangor, ME, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 14, 2026.

- CRD: 2748
- Filed as: MEANS WEALTH MANAGEMENT
- Legal name: Means Investment Co., Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bangor, ME
- Filing period: October 2026
- Form ADV filing dated: September 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/2748
- AdvisorCensus page: https://advisorcensus.com/firm/means-wealth-management-bangor-me-2748

## Quick answers

**How is Means Wealth Management compensated?**
On its Form ADV (Item 5.E, October 2026), Means Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Means Wealth Management located?**
Means Wealth Management's principal office is in Bangor, ME, according to its Form ADV; the October 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Means Wealth Management registered with the SEC or a state?**
Means Wealth Management is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 2748.

**How much does Means Wealth Management manage?**
Means Wealth Management reports $1,594,606,299 in regulatory assets under management in its Form ADV filing dated September 14, 2026 (89% discretionary).

**How have Means Wealth Management's assets and staff changed since 2021?**
In the Form ADV data for Means Wealth Management: Regulatory assets under management: $673,861,958 in the October 2021 data and $1,594,606,299 in the October 2026 data, up 137%. Total employees: 14 in October 2021 and 24 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Means Wealth Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (908); high net worth individuals (394); corporations or other businesses not listed above (34).

**Which custodians does Means Wealth Management use?**
Means Wealth Management'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.

**Does Means Wealth Management 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/2748

**What changed in Means Wealth Management's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 13 to 15. Regulatory assets under management went from $1,306,705,211 to $1,594,606,299 (+22%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Other

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services 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: $1,594,606,299
- Discretionary: $1,417,050,432
- Non-discretionary: $177,555,867

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 908 | $320,842,823 |
| High net worth individuals | 394 | $1,090,418,257 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 20 | $107,938,669 |
| Charitable organizations | 16 | $43,402,844 |
| State or municipal government entities (including government pension plans) | 3 | $915,771 |
| Corporations or other businesses not listed above | 34 | $31,087,935 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Pension consulting services
- Publication of periodicals or newsletters
- Educational seminars/workshops
- Other

### Firm details
- Registered since: 2015 (11 years)
- Employees: 24 total, 15 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, GA, LA, MA, ME, NC, NH, NY, SC, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Greenville, SC
- Greenwood, SC
- Presque Isle, ME

### Websites listed on Form ADV (Item 1.I)
- [meanswealth.com](https://meanswealth.com)
- Facebook @MEANSWEALTHMANAGEMENT
- LinkedIn @means-wealth-management
- YouTube @meanswealthmanagemen

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $673,861,958 | 14 | October 1, 2021 |
| October 2022 | $860,271,260 | 18 | September 16, 2022 |
| October 2023 | $743,799,162 | 19 | September 26, 2023 |
| October 2024 | $976,990,954 | 21 | September 26, 2024 |
| October 2025 | $1,306,705,211 | 22 | May 1, 2025 |
| October 2026 | $1,594,606,299 | 24 | September 14, 2026 |

Regulatory assets under management: $673,861,958 in the October 2021 data and $1,594,606,299 in the October 2026 data, up 137%.
Total employees: 14 in October 2021 and 24 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 13 to 15.
- Regulatory assets under management went from $1,306,705,211 to $1,594,606,299 (+22%).

### December 2025
- Registered or notice-filed in LA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Means Wealth Management (CRD 2748): Form ADV filing data as of October 2026.