# Minerva Wealth Advisory

> Minerva Wealth Advisory is an SEC-registered investment advisory firm in New York, NY, registered since 2020, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 282723
- Filed as: MINERVA WEALTH ADVISORY
- Legal name: Minerva Wealth Advisory LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/282723
- AdvisorCensus page: https://advisorcensus.com/firm/minerva-wealth-advisory-new-york-ny-282723

## Quick answers

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

**How much does Minerva Wealth Advisory charge?**
Its Form ADV Part 2A brochure dated March 26, 2026 states: Hourly rate: $300 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Minerva Wealth Advisory located?**
Minerva Wealth Advisory's principal office is in New York, NY, according to its Form ADV.

**Is Minerva Wealth Advisory registered with the SEC or a state?**
Minerva Wealth Advisory is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 282723.

**How much does Minerva Wealth Advisory manage?**
Minerva Wealth Advisory reports $79,513,365 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Minerva Wealth Advisory's assets and staff changed since 2021?**
In the Form ADV data for Minerva Wealth Advisory: Regulatory assets under management: $39,021,838 in the October 2021 data and $79,513,365 in the October 2026 data, up 104%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Minerva Wealth Advisory serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (24); individuals (other than high net worth individuals) (10); other (1).

**Which custodians does Minerva Wealth Advisory use?**
Minerva Wealth Advisory'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 Minerva Wealth Advisory 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/282723

**Does Minerva Wealth Advisory state an account minimum?**
Its Form ADV Part 2A brochure dated March 26, 2026 says: "The minimum amount required to open and maintain a Minerva Account is $500,000. We will combine account values for you and your minor children, joint accounts with your spouse, and other types of related accounts to meet the stated minimum."

**What changed in Minerva Wealth Advisory's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $59,017,189 to $79,513,365 (+35%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 26, 2026)

- Account minimum: $500,000

> The minimum amount required to open and maintain a Minerva Account is $500,000. We will combine account values for you and your minor children, joint accounts with your spouse, and other types of related accounts to meet the stated minimum.

- Hourly rate: $300 an hour (financial planning services)

> Minerva's hourly fee is $300/hr. or as negotiated with Client.

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: $79,513,365
- Discretionary: $79,513,365
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 10 | $4,032,751 |
| High net worth individuals | 24 | $74,937,386 |
| Other | 1 | $543,228 |

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

### Firm details
- Registered since: 2020 (6 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $39,021,838 | 2 | March 31, 2021 |
| October 2022 | $52,576,028 | 2 | March 30, 2022 |
| October 2023 | $44,501,752 | 2 | March 27, 2023 |
| October 2024 | $52,887,543 | 2 | April 26, 2024 |
| October 2025 | $59,017,189 | 2 | March 24, 2025 |
| October 2026 | $79,513,365 | 2 | March 27, 2026 |

Regulatory assets under management: $39,021,838 in the October 2021 data and $79,513,365 in the October 2026 data, up 104%.
Total employees: 2 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $59,017,189 to $79,513,365 (+35%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Minerva Wealth Advisory (CRD 282723): Form ADV filing data as of October 2026.