# Private Wealth Asset Management

> Private Wealth Asset Management is an SEC-registered investment advisory firm in Omaha, NE, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 23, 2026.

- CRD: 315819
- Filed as: PRIVATE WEALTH ASSET MANAGEMENT
- Legal name: Private Wealth Asset Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Omaha, NE
- Filing period: October 2026
- Form ADV filing dated: September 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/315819
- AdvisorCensus page: https://advisorcensus.com/firm/private-wealth-asset-management-omaha-ne-315819

## Quick answers

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

**Where is Private Wealth Asset Management located?**
Private Wealth Asset Management's principal office is in Omaha, NE, according to its Form ADV; the October 2026 filing also lists 6 other offices (Schedule D, Section 1.F).

**Is Private Wealth Asset Management registered with the SEC or a state?**
Private Wealth Asset Management is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 315819.

**How much does Private Wealth Asset Management manage?**
Private Wealth Asset Management reports $2,523,259,243 in regulatory assets under management in its Form ADV filing dated September 23, 2026 (100% discretionary).

**How have Private Wealth Asset Management's assets and staff changed since 2021?**
In the Form ADV data for Private Wealth Asset Management: Regulatory assets under management: $0 in the October 2021 data and $2,523,259,243 in the October 2026 data. Total employees: 8 in October 2021 and 32 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Private Wealth Asset Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (406); individuals (other than high net worth individuals) (153).

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

**Does Private Wealth Asset 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/315819

**What changed in Private Wealth Asset Management's recent Form ADV filings?**
In the April 2026 filing data: No longer lists the business name PW Energy. Regulatory assets under management went from $1,849,717,875 to $2,523,259,243 (+36%). Registered or notice-filed in MD, MI, NC, NM. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Distributors Company 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: $2,523,259,243
- Discretionary: $2,523,259,243
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 153 | $61,897,041 |
| High net worth individuals | 406 | $2,461,362,202 |
| 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 | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2021 (5 years)
- Employees: 32 total, 22 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, IA, IL, LA, MD, MI, MN, MO, NC, NE, NH, NM, SC, TN, TX, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Cedar Rapids, IA
- Corpus Christi, TX
- Midland, TX
- San Antoni0, TX
- St. Louis, MO
- West des Moines, IA

### Websites listed on Form ADV (Item 1.I)
- privatewealth.com
- Facebook @p
- LinkedIn @private-wealth-asset-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $0 | 8 | September 30, 2021 |
| October 2022 | $790,374,516 | 15 | August 2, 2022 |
| October 2023 | $926,236,729 | 42 | August 21, 2023 |
| October 2024 | $1,607,575,640 | 37 | September 12, 2024 |
| October 2025 | $1,849,717,875 | 37 | March 31, 2025 |
| October 2026 | $2,523,259,243 | 32 | September 23, 2026 |

Regulatory assets under management: $0 in the October 2021 data and $2,523,259,243 in the October 2026 data.
Total employees: 8 in October 2021 and 32 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- No longer lists the business name PW Energy.
- Regulatory assets under management went from $1,849,717,875 to $2,523,259,243 (+36%).
- Registered or notice-filed in MD, MI, NC, NM.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Private Wealth Asset Management (CRD 315819): Form ADV filing data as of October 2026.