# Palumbo Wealth Management LLC

> Palumbo Wealth Management LLC is an SEC-registered investment advisory firm in Great Neck, NY, registered since 2020, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 3, 2026.

- CRD: 306548
- Filed as: PALUMBO WEALTH MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Great Neck, NY
- Filing period: October 2026
- Form ADV filing dated: August 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/306548
- AdvisorCensus page: https://advisorcensus.com/firm/palumbo-wealth-management-llc-great-neck-ny-306548

## Quick answers

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

**What does Palumbo Wealth Management LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated August 3, 2026 states: Asset-based fee: 0.15% to 1.75% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Palumbo Wealth Management LLC located?**
Palumbo Wealth Management LLC's principal office is in Great Neck, NY, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Palumbo Wealth Management LLC registered with the SEC or a state?**
Palumbo Wealth Management LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 306548.

**How much does Palumbo Wealth Management LLC manage?**
Palumbo Wealth Management LLC reports $543,384,640 in regulatory assets under management in its Form ADV filing dated August 3, 2026 (100% discretionary).

**How have Palumbo Wealth Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Palumbo Wealth Management LLC: Regulatory assets under management: $180,804,138 in the October 2021 data and $543,384,640 in the October 2026 data, up 201%. Total employees: 7 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Palumbo Wealth Management LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (158); individuals (other than high net worth individuals) (125); corporations or other businesses not listed above (6).

**Which custodians does Palumbo Wealth Management LLC use?**
Palumbo Wealth Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Palumbo Wealth Management LLC 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/306548

**Does Palumbo Wealth Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated August 3, 2026 says: "PWM requires a minimum relationship size of $500,000, which may be reduced at the Advisor’s sole discretion."

**What changed in Palumbo Wealth Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Changed its office addresses in Berkeley Heights, NJ.

## 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 August 3, 2026)

- Asset-based fee: 0.15% to 1.75% a year (a range, as the brochure states it)

> Advisory fees are based on the market value of assets under management at the end of the prior quarter. Advisory fees range from 0.15% to 1.75% annually based on several factors, including, but not limited to: the services offered to the Client, the complexity of the services to be provided, the level of Client assets managed by the Advisor, and/or the overall relationship with the Advisor.

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> PWM requires a minimum relationship size of $500,000, which may be reduced at the Advisor’s sole discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- 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: $543,384,640
- Discretionary: $543,384,640
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 125 | $36,724,980 |
| High net worth individuals | 158 | $493,064,558 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $1,870,058 |
| Corporations or other businesses not listed above | 6 | $11,725,044 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2020 (6 years)
- Employees: 7 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, MA, NH, NJ, NY, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Berkeley Heights, NJ

### Websites listed on Form ADV (Item 1.I)
- palumbowm.com
- Facebook @PalumboWM
- Instagram @palumbowm
- LinkedIn @palumbo-wealth-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $180,804,138 | 7 | September 20, 2021 |
| October 2022 | $218,619,572 | 6 | May 11, 2022 |
| October 2023 | $230,140,486 | 7 | July 26, 2023 |
| October 2024 | $322,682,038 | 6 | August 29, 2024 |
| October 2025 | $542,198,478 | 7 | July 16, 2025 |
| October 2026 | $543,384,640 | 7 | August 3, 2026 |

Regulatory assets under management: $180,804,138 in the October 2021 data and $543,384,640 in the October 2026 data, up 201%.
Total employees: 7 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Changed its office addresses in Berkeley Heights, NJ.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Palumbo Wealth Management LLC (CRD 306548): Form ADV filing data as of October 2026.