# Portfolio Wealth Advisors

> Portfolio Wealth Advisors is an SEC-registered investment advisory firm in Albuquerque, NM, registered since 2008, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 7, 2026.

- CRD: 145687
- Filed as: PORTFOLIO WEALTH ADVISORS
- Legal name: Portfolio, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Albuquerque, NM
- Filing period: October 2026
- Form ADV filing dated: January 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/145687
- AdvisorCensus page: https://advisorcensus.com/firm/portfolio-wealth-advisors-albuquerque-nm-145687

## Quick answers

**How is Portfolio Wealth Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Portfolio Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**How much does Portfolio Wealth Advisors charge?**
Its Form ADV Part 2A brochure dated January 7, 2026 states: Hourly rate: $500 an hour (Financial Consulting Services (Expert Witness) to Legal Counsel). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Portfolio Wealth Advisors located?**
Portfolio Wealth Advisors' principal office is in Albuquerque, NM, according to its Form ADV.

**Is Portfolio Wealth Advisors registered with the SEC or a state?**
Portfolio Wealth Advisors is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 145687.

**How much does Portfolio Wealth Advisors manage?**
Portfolio Wealth Advisors reports $395,456,386 in regulatory assets under management in its Form ADV filing dated January 7, 2026 (100% discretionary).

**How have Portfolio Wealth Advisors' assets and staff changed since 2021?**
In the Form ADV data for Portfolio Wealth Advisors: Regulatory assets under management: $216,282,041 in the October 2021 data and $395,456,386 in the October 2026 data, up 83%. Total employees: 4 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Portfolio Wealth Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (189); high net worth individuals (94).

**Which custodians does Portfolio Wealth Advisors use?**
Portfolio Wealth Advisors' 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 Portfolio Wealth Advisors 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/145687

**Does Portfolio Wealth Advisors state an account minimum?**
Its Form ADV Part 2A brochure dated January 7, 2026 says: "PLLC provides investment supervisory and management services to a wide variety of clients including individuals, high net-worth individuals, family offices, pension and profit-sharing plans, trusts, estates, charitable organizations, and corporations or other business entities. PLLC currently has a $1,500,000 asset minimum."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Fees and minimums (Form ADV Part 2A brochure dated January 7, 2026)

- Account minimum: $1,500,000

> PLLC provides investment supervisory and management services to a wide variety of clients including individuals, high net-worth individuals, family offices, pension and profit-sharing plans, trusts, estates, charitable organizations, and corporations or other business entities. PLLC currently has a $1,500,000 asset minimum.

- Hourly rate: $500 an hour (Financial Consulting Services (Expert Witness) to Legal Counsel)

> The hourly rate for Financial Consulting Services is $500 per hour, plus applicable New Mexico gross receipts tax.

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: $395,456,386
- Discretionary: $395,456,386
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 189 | $76,615,457 |
| High net worth individuals | 94 | $316,774,726 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | Fewer than 5 | $2,066,203 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2008 (18 years)
- Employees: 3 total, 1 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, CO, FL, NH, NM, NV, NY, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [portfoliollc.com](https://portfoliollc.com)
- Facebook @LEEMUNSON2
- LinkedIn @495155
- LinkedIn @LEEMUNSON

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $216,282,041 | 4 | April 12, 2021 |
| October 2022 | $284,994,743 | 3 | January 14, 2022 |
| October 2023 | $258,187,630 | 3 | September 22, 2023 |
| October 2024 | $304,089,680 | 3 | February 14, 2024 |
| October 2025 | $373,189,200 | 3 | January 10, 2025 |
| October 2026 | $395,456,386 | 3 | January 7, 2026 |

Regulatory assets under management: $216,282,041 in the October 2021 data and $395,456,386 in the October 2026 data, up 83%.
Total employees: 4 in October 2021 and 3 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Portfolio Wealth Advisors (CRD 145687): Form ADV filing data as of October 2026.