# Piedmont Wealth Management

> 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.

- CRD: 340285
- Filed as: PIEDMONT WEALTH MANAGEMENT
- Legal name: Burke & Herbert Wealth Services, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Alexandria, VA
- Filing period: October 2026
- Form ADV filing dated: April 22, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/340285
- AdvisorCensus page: https://advisorcensus.com/firm/piedmont-wealth-management-alexandria-va-340285

## Quick answers

**How is Piedmont Wealth Management compensated?**
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).

**What does Piedmont Wealth Management's brochure say about its fees?**
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.

**Where is Piedmont Wealth Management located?**
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).

**Is Piedmont Wealth Management registered with the SEC or a state?**
Piedmont Wealth Management is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 340285.

**How much does Piedmont Wealth Management manage?**
Piedmont Wealth Management reports $156,063,257 in regulatory assets under management in its Form ADV filing dated April 22, 2026 (98% discretionary).

**What types of clients does Piedmont Wealth Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (184); high net worth individuals (53).

**Which custodians does Piedmont Wealth Management use?**
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.

**Does Piedmont Wealth Management 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/340285

**Does Piedmont Wealth Management state an account minimum?**
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."

**What changed in Piedmont Wealth Management's recent Form ADV filings?**
In the May 2026 filing data: Regulatory assets under management went from $0 to $156,063,257.

## 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 April 22, 2026)

- Asset-based fee: 1% of assets a year

> 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.

- Account minimum: $100,000 (the brochure says it may be waived or negotiated)

> 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.

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: $156,063,257
- Discretionary: $153,421,322
- Non-discretionary: $2,641,935

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 184 | $47,639,639 |
| High net worth individuals | 53 | $104,943,529 |
| Charitable organizations | Fewer than 5 | $1,831,388 |
| Corporations or other businesses not listed above | Fewer than 5 | $1,648,701 |

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

### Firm details
- Registered since: 2026 (0 years)
- Employees: 4 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NH, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Culpeper, VA
- Fredericksburg, VA

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

## Changes in the filing (last 12 months)

### May 2026
- Regulatory assets under management went from $0 to $156,063,257.

### March 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Piedmont Wealth Management (CRD 340285): Form ADV filing data as of October 2026.