{
  "crd_number": 340285,
  "slug": "piedmont-wealth-management-alexandria-va-340285",
  "primary_business_name": "PIEDMONT WEALTH MANAGEMENT",
  "legal_name": "BURKE & HERBERT WEALTH SERVICES, LLC",
  "dbas": [],
  "city": "Alexandria",
  "state": "VA",
  "country": "United States",
  "cbsa_code": "47900",
  "metro": {
    "cbsa_code": "47900",
    "common_name": "Washington",
    "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV",
    "path": "/advisors/dc/washington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2026-01-01",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-04-22",
  "carried_forward": false,
  "raum_total": 156063257.0,
  "raum_discretionary": 153421322.0,
  "raum_non_discretionary": 2641935.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 1831388.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 47639639.0,
      "count": 184
    },
    "high_net_worth_individuals": {
      "raum": 104943529.0,
      "count": 53
    },
    "corporations_other_businesses": {
      "raum": 1648701.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NH",
    "TX",
    "VA"
  ],
  "websites": [
    "https://piedmontwm.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/340285",
  "city_as_filed": "ALEXANDRIA",
  "url": "https://advisorcensus.com/firm/piedmont-wealth-management-alexandria-va-340285",
  "display_name": "Piedmont Wealth Management",
  "summary": "Piedmont Wealth Management is an SEC-registered investment advisory firm in Alexandria, VA, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 22, 2026.",
  "citation": "AdvisorCensus. Piedmont Wealth Management (CRD 340285): 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",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Piedmont Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Piedmont Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does Piedmont Wealth Management's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated April 22, 2026 states: Asset-based fee: 1% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Piedmont Wealth Management located?",
      "a": "Piedmont Wealth Management's principal office is in Alexandria, VA, according to its Form ADV; the May 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Piedmont Wealth Management registered with the SEC or a state?",
      "a": "Piedmont Wealth Management is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 340285."
    },
    {
      "q": "How much does Piedmont Wealth Management manage?",
      "a": "Piedmont Wealth Management reports $156,063,257 in regulatory assets under management in its Form ADV filing dated April 22, 2026 (98% discretionary)."
    },
    {
      "q": "What types of clients does Piedmont Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (184); high net worth individuals (53)."
    },
    {
      "q": "Which custodians does Piedmont Wealth Management use?",
      "a": "Piedmont 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 Piedmont 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/340285"
    },
    {
      "q": "Does Piedmont Wealth Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 22, 2026 says: \"Piedmont Wealth Management requires each client seeking investment management services to place at least $100,000 with us. We may waive this account minimum under certain circumstances, in our discretion.\""
    },
    {
      "q": "What changed in Piedmont Wealth Management's recent Form ADV filings?",
      "a": "In the May 2026 filing data: Regulatory assets under management went from $0 to $156,063,257."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Regulatory assets under management went from $0 to $156,063,257."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 22, 2026",
    "tiers": [],
    "flat_rate": "1% of assets a year",
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$100,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 1% of assets a year"
        ],
        "quotes": [
          "Investment Management clients are generally charged fees at a rate of 1% per annum of the net market value of a client's assets managed or reviewed by Piedmont Wealth Management."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $100,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Piedmont Wealth Management requires each client seeking investment management services to place at least $100,000 with us.  We may waive this account minimum under certain circumstances, in our discretion."
        ]
      }
    ],
    "quotes": [
      "Investment Management clients are generally charged fees at a rate of 1% per annum of the net market value of a client's assets managed or reviewed by Piedmont Wealth Management.",
      "Piedmont Wealth Management requires each client seeking investment management services to place at least $100,000 with us.  We may waive this account minimum under certain circumstances, in our discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "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/piedmont-wealth-management-alexandria-va-340285.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 184,
      "fewer_than_5": false,
      "raum": 47639639.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 53,
      "fewer_than_5": false,
      "raum": 104943529.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 1831388.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 1648701.0
    }
  ],
  "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/340285",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}