{
  "crd_number": 305807,
  "slug": "peerless-wealth-columbus-oh-305807",
  "primary_business_name": "PEERLESS WEALTH",
  "legal_name": "PEERLESS WEALTH LLC",
  "dbas": [
    "PEERLESS",
    "PEERLESS WEALTH",
    "PW"
  ],
  "city": "Columbus",
  "state": "OH",
  "country": "United States",
  "cbsa_code": "18140",
  "metro": {
    "cbsa_code": "18140",
    "common_name": "Columbus",
    "msa_name": "Columbus, OH",
    "path": "/advisors/oh/columbus"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-04-11",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-08-20",
  "carried_forward": false,
  "raum_total": 148652650.0,
  "raum_discretionary": 148652650.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 33291989.0,
      "count": 140
    },
    "investment_companies": {
      "raum": 26471107.0,
      "count": 1
    },
    "high_net_worth_individuals": {
      "raum": 88889554.0,
      "count": 79
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "OH",
    "TX"
  ],
  "websites": [
    "https://instagram.com/peerlesswealthllc",
    "https://linkedin.com/in/erik-thompson-0662553",
    "https://peerless-wealth.com",
    "https://peerlessetfs.com",
    "https://youtube.com/@peerlesswealthllc3661/videos"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/305807",
  "city_as_filed": "COLUMBUS",
  "url": "https://advisorcensus.com/firm/peerless-wealth-columbus-oh-305807",
  "display_name": "Peerless Wealth",
  "summary": "Peerless Wealth is an SEC-registered investment advisory firm in Columbus, OH, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 20, 2026.",
  "citation": "AdvisorCensus. Peerless Wealth (CRD 305807): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Peerless Wealth compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Peerless Wealth reports these compensation arrangements: a percentage of assets under its management; hourly charges."
    },
    {
      "q": "Where is Peerless Wealth located?",
      "a": "Peerless Wealth's principal office is in Columbus, OH, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Peerless Wealth registered with the SEC or a state?",
      "a": "Peerless Wealth is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 305807."
    },
    {
      "q": "How much does Peerless Wealth manage?",
      "a": "Peerless Wealth reports $148,652,650 in regulatory assets under management in its Form ADV filing dated August 20, 2026 (100% discretionary)."
    },
    {
      "q": "How have Peerless Wealth's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Peerless Wealth: Regulatory assets under management: $87,770,000 in the October 2024 data and $148,652,650 in the October 2026 data, up 69%. Total employees: 2 in October 2024 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Peerless Wealth serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (140); high net worth individuals (79); investment companies (1)."
    },
    {
      "q": "Which custodians does Peerless Wealth use?",
      "a": "Peerless Wealth's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and U.S. Bank National Association as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Peerless Wealth 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/305807"
    },
    {
      "q": "What changed in Peerless Wealth's recent Form ADV filings?",
      "a": "In the September 2026 filing data: Employees performing advisory functions went from 3 to 4."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 87770000.0,
      "total_employees": 2,
      "filing_date": "2024-03-18"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 102228000.0,
      "total_employees": 3,
      "filing_date": "2025-03-18"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 148652650.0,
      "total_employees": 4,
      "filing_date": "2026-08-20"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 4."
      ]
    },
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Added an office in Spring, TX."
      ]
    },
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Added the business name Peerless.",
        "Regulatory assets under management went from $122,181,543 to $148,652,650 (+22%)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $102,228,000 to $122,181,543 (+20%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "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
    },
    {
      "name": "U.S. Bank National Association",
      "name_as_filed": "U.S. BANK NATIONAL ASSOCIATION",
      "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/peerless-wealth-columbus-oh-305807.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 140,
      "fewer_than_5": false,
      "raum": 33291989.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 79,
      "fewer_than_5": false,
      "raum": 88889554.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 26471107.0
    }
  ],
  "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/305807",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}