# Powell Wealth

> Powell Wealth is an SEC-registered investment advisory firm in Cornelius, NC, registered since 2015, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 13, 2026.

- CRD: 144230
- Filed as: POWELL WEALTH
- Legal name: Powell Financial, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Cornelius, NC
- Filing period: October 2026
- Form ADV filing dated: February 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/144230
- AdvisorCensus page: https://advisorcensus.com/firm/powell-wealth-cornelius-nc-144230

## Quick answers

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

**How much does Powell Wealth charge?**
Its Form ADV Part 2A brochure dated February 13, 2026 states: Asset-based fee: up to 1.25% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Powell Wealth located?**
Powell Wealth's principal office is in Cornelius, NC, according to its Form ADV.

**Is Powell Wealth registered with the SEC or a state?**
Powell Wealth is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 144230.

**How much does Powell Wealth manage?**
Powell Wealth reports $229,200,273 in regulatory assets under management in its Form ADV filing dated February 13, 2026 (100% discretionary).

**How have Powell Wealth's assets and staff changed since 2021?**
In the Form ADV data for Powell Wealth: Regulatory assets under management: $156,001,580 in the October 2021 data and $229,200,273 in the October 2026 data, up 47%. Total employees: 3 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 Powell Wealth serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (55); high net worth individuals (43); corporations or other businesses not listed above (10).

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

**Does Powell Wealth 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/144230

**Does Powell Wealth state an account minimum?**
Its Form ADV Part 2A brochure dated February 13, 2026 says: "There is an account minimum, $500,000, which can be waived by the investment adviser, based on the needs of the client and the complexity of the situation."

**What changed in Powell Wealth's recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 3 to 2. Regulatory assets under management went from $202,617,451 to $229,200,273 (+13%).

## 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 February 13, 2026)

- Asset-based fee: up to 1.25% of assets a year (the maximum the brochure states)

> Total Assets Under Management Annual Fee All Assets Under Management Up to 1.25%

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

> There is an account minimum, $500,000, which can be waived by the investment adviser, based on the needs of the client and the complexity of the situation.

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services 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: $229,200,273
- Discretionary: $229,200,273
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 55 | $17,824,477 |
| High net worth individuals | 43 | $210,503,588 |
| 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 | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 10 | $872,208 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2015 (11 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NC
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- powellwealth.com
- LinkedIn @powellwealth

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $156,001,580 | 3 | January 26, 2021 |
| October 2022 | $187,391,778 | 3 | March 16, 2022 |
| October 2023 | $151,570,372 | 3 | February 24, 2023 |
| October 2024 | $180,352,212 | 3 | January 24, 2024 |
| October 2025 | $202,617,451 | 4 | July 1, 2025 |
| October 2026 | $229,200,273 | 3 | February 13, 2026 |

Regulatory assets under management: $156,001,580 in the October 2021 data and $229,200,273 in the October 2026 data, up 47%.
Total employees: 3 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 3 to 2.
- Regulatory assets under management went from $202,617,451 to $229,200,273 (+13%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Powell Wealth (CRD 144230): Form ADV filing data as of October 2026.