{
  "crd_number": 147814,
  "slug": "praetorian-guard-a-division-of-praetorian-wealth-management-inc-carmel-ca-147814",
  "primary_business_name": "PRAETORIAN GUARD, A DIVISION OF PRAETORIAN WEALTH MANAGEMENT,INC",
  "legal_name": "PRAETORIAN WEALTH MANAGEMENT, INC.",
  "dbas": [],
  "city": "Carmel",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41500",
  "metro": {
    "cbsa_code": "41500",
    "common_name": "Salinas",
    "msa_name": "Salinas, CA",
    "path": "/advisors/ca/salinas"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2008-08-07",
  "years_registered": 18,
  "period": "2026-10-01",
  "filing_date": "2026-01-09",
  "carried_forward": false,
  "raum_total": 598650239.0,
  "raum_discretionary": 598650239.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 8,
  "advisory_employees": 8,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 4940040.0,
      "count": 9
    },
    "individuals": {
      "raum": 103046972.0,
      "count": 282
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 488822650.0,
      "count": 175
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 1840577.0,
      "count": 4
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "DE",
    "FL",
    "GA",
    "IL",
    "MA",
    "MD",
    "ME",
    "NC",
    "NV",
    "NY",
    "OH",
    "OR",
    "PA",
    "TN",
    "TX",
    "VA",
    "WA"
  ],
  "websites": [
    "https://linkedin.com",
    "https://praetorianguard.biz"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/147814",
  "city_as_filed": "CARMEL",
  "url": "https://advisorcensus.com/firm/praetorian-guard-a-division-of-praetorian-wealth-management-inc-carmel-ca-147814",
  "display_name": "Praetorian Guard, a Division of Praetorian Wealth Management,inc",
  "summary": "Praetorian Guard, a Division of Praetorian Wealth Management,inc is an SEC-registered investment advisory firm in Carmel, CA, registered since 2008, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated January 9, 2026.",
  "citation": "AdvisorCensus. Praetorian Guard, a Division of Praetorian Wealth Management,inc (CRD 147814): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Praetorian Guard, a Division of Praetorian Wealth Management,inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Praetorian Guard, a Division of Praetorian Wealth Management,inc reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Praetorian Guard, a Division of Praetorian Wealth Management,inc located?",
      "a": "Praetorian Guard, a Division of Praetorian Wealth Management,inc's principal office is in Carmel, CA, according to its Form ADV."
    },
    {
      "q": "Is Praetorian Guard, a Division of Praetorian Wealth Management,inc registered with the SEC or a state?",
      "a": "Praetorian Guard, a Division of Praetorian Wealth Management,inc is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 147814."
    },
    {
      "q": "How much does Praetorian Guard, a Division of Praetorian Wealth Management,inc manage?",
      "a": "Praetorian Guard, a Division of Praetorian Wealth Management,inc reports $598,650,239 in regulatory assets under management in its Form ADV filing dated January 9, 2026 (100% discretionary)."
    },
    {
      "q": "How have Praetorian Guard, a Division of Praetorian Wealth Management,inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Praetorian Guard, a Division of Praetorian Wealth Management,inc: Regulatory assets under management: $323,520,789 in the October 2021 data and $598,650,239 in the October 2026 data, up 85%. Total employees: 7 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Praetorian Guard, a Division of Praetorian Wealth Management,inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (282); high net worth individuals (175); charitable organizations (9)."
    },
    {
      "q": "Does Praetorian Guard, a Division of Praetorian Wealth Management,inc 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/147814"
    },
    {
      "q": "What changed in Praetorian Guard, a Division of Praetorian Wealth Management,inc's recent Form ADV filings?",
      "a": "In the February 2026 filing data: Employees performing advisory functions went from 6 to 8. Regulatory assets under management went from $498,789,138 to $598,650,239 (+20%). Registered or notice-filed in OH."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 323520789.0,
      "total_employees": 7,
      "filing_date": "2021-06-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 384048054.0,
      "total_employees": 7,
      "filing_date": "2022-01-11"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 347821815.0,
      "total_employees": 7,
      "filing_date": "2023-01-11"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 427867619.0,
      "total_employees": 8,
      "filing_date": "2024-01-10"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 498789138.0,
      "total_employees": 8,
      "filing_date": "2025-01-06"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 598650239.0,
      "total_employees": 8,
      "filing_date": "2026-01-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Employees performing advisory functions went from 6 to 8.",
        "Regulatory assets under management went from $498,789,138 to $598,650,239 (+20%).",
        "Registered or notice-filed in OH."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in DE."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/praetorian-guard-a-division-of-praetorian-wealth-management-inc-carmel-ca-147814.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 282,
      "fewer_than_5": false,
      "raum": 103046972.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 175,
      "fewer_than_5": false,
      "raum": 488822650.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 9,
      "fewer_than_5": false,
      "raum": 4940040.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 4,
      "fewer_than_5": false,
      "raum": 1840577.0
    }
  ],
  "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/147814",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}