{
  "crd_number": 162411,
  "slug": "morris-and-wells-wealth-management-charlottesville-va-162411",
  "primary_business_name": "MORRIS & WELLS WEALTH MANAGEMENT",
  "legal_name": "MORRIS & WELLS WEALTH MANAGEMENT",
  "dbas": [],
  "city": "Charlottesville",
  "state": "VA",
  "country": "United States",
  "cbsa_code": "16820",
  "metro": {
    "cbsa_code": "16820",
    "common_name": "Charlottesville",
    "msa_name": "Charlottesville, VA",
    "path": "/advisors/va/charlottesville"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2012-02-29",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-03-16",
  "carried_forward": false,
  "raum_total": 987926210.0,
  "raum_discretionary": 984203738.0,
  "raum_non_discretionary": 3722472.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 6782160.0,
      "count": 4,
      "description": "FOUNDATIONS",
      "fewer_than_5": true
    },
    "charitable": {
      "raum": 12867200.0,
      "count": 3,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 937334507.0,
      "count": 275
    },
    "pension_profit_sharing": {
      "raum": 14194979.0,
      "count": 2,
      "fewer_than_5": true
    },
    "corporations_other_businesses": {
      "raum": 16747364.0,
      "count": 14
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "KY",
    "MD",
    "NC",
    "NY",
    "TN",
    "TX",
    "VA"
  ],
  "websites": [
    "https://morrisandwells.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/162411",
  "city_as_filed": "CHARLOTTESVILLE",
  "url": "https://advisorcensus.com/firm/morris-and-wells-wealth-management-charlottesville-va-162411",
  "display_name": "Morris & Wells Wealth Management",
  "summary": "Morris & Wells Wealth Management is an SEC-registered investment advisory firm in Charlottesville, VA, registered since 2012, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 16, 2026.",
  "citation": "AdvisorCensus. Morris & Wells Wealth Management (CRD 162411): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Morris & Wells Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Morris & Wells Wealth Management reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Morris & Wells Wealth Management located?",
      "a": "Morris & Wells Wealth Management's principal office is in Charlottesville, VA, according to its Form ADV."
    },
    {
      "q": "Is Morris & Wells Wealth Management registered with the SEC or a state?",
      "a": "Morris & Wells Wealth Management is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 162411."
    },
    {
      "q": "How much does Morris & Wells Wealth Management manage?",
      "a": "Morris & Wells Wealth Management reports $987,926,210 in regulatory assets under management in its Form ADV filing dated March 16, 2026 (100% discretionary)."
    },
    {
      "q": "How have Morris & Wells Wealth Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Morris & Wells Wealth Management: Regulatory assets under management: $701,870,055 in the October 2021 data and $987,926,210 in the October 2026 data, up 41%. Total employees: 4 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Morris & Wells Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (275); corporations or other businesses not listed above (14); other (4)."
    },
    {
      "q": "Which custodians does Morris & Wells Wealth Management use?",
      "a": "Morris & Wells 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."
    },
    {
      "q": "Does Morris & Wells Wealth Management 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/162411"
    },
    {
      "q": "What changed in Morris & Wells Wealth Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 3 to 2. Regulatory assets under management went from $847,034,114 to $987,926,210 (+17%). Registered or notice-filed in CA, KY, MD, NC, NY, TN. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 701870055.0,
      "total_employees": 4,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 868789030.0,
      "total_employees": 4,
      "filing_date": "2022-03-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 694261392.0,
      "total_employees": 4,
      "filing_date": "2023-01-05"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 853709732.0,
      "total_employees": 4,
      "filing_date": "2024-07-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 847034114.0,
      "total_employees": 3,
      "filing_date": "2025-06-23"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 987926210.0,
      "total_employees": 2,
      "filing_date": "2026-03-16"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 2.",
        "Regulatory assets under management went from $847,034,114 to $987,926,210 (+17%).",
        "Registered or notice-filed in CA, KY, MD, NC, NY, TN.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/morris-and-wells-wealth-management-charlottesville-va-162411.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 275,
      "fewer_than_5": false,
      "raum": 937334507.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 2,
      "fewer_than_5": true,
      "raum": 14194979.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 3,
      "fewer_than_5": true,
      "raum": 12867200.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 14,
      "fewer_than_5": false,
      "raum": 16747364.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 4,
      "fewer_than_5": true,
      "raum": 6782160.0
    }
  ],
  "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/162411",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}