{
  "crd_number": 120823,
  "slug": "private-wealth-management-inc-memphis-tn-120823",
  "primary_business_name": "PRIVATE WEALTH MANAGEMENT, INC.",
  "legal_name": "PRIVATE WEALTH MANAGEMENT, INC.",
  "dbas": [],
  "city": "Memphis",
  "state": "TN",
  "country": "United States",
  "cbsa_code": "32820",
  "metro": {
    "cbsa_code": "32820",
    "common_name": "Memphis",
    "msa_name": "Memphis, TN-MS-AR",
    "path": "/advisors/tn/memphis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2002-05-31",
  "years_registered": 24,
  "period": "2026-10-01",
  "filing_date": "2026-03-13",
  "carried_forward": false,
  "raum_total": 832495124.0,
  "raum_discretionary": 0.0,
  "raum_non_discretionary": 832495124.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 4,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 8575530.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 15773008.0,
      "count": 46
    },
    "high_net_worth_individuals": {
      "raum": 807640749.0,
      "count": 85
    },
    "corporations_other_businesses": {
      "raum": 505837.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "TN",
    "TX"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/120823",
  "city_as_filed": "MEMPHIS",
  "url": "https://advisorcensus.com/firm/private-wealth-management-inc-memphis-tn-120823",
  "display_name": "Private Wealth Management, Inc.",
  "summary": "Private Wealth Management, Inc. is an SEC-registered investment advisory firm in Memphis, TN, registered since 2002, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 13, 2026.",
  "citation": "AdvisorCensus. Private Wealth Management, Inc. (CRD 120823): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Private Wealth Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Private Wealth Management, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Private Wealth Management, Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated March 13, 2026 states: Hourly rate: $100 to $500 an hour (Personal Financial Planning Services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Private Wealth Management, Inc. located?",
      "a": "Private Wealth Management, Inc.'s principal office is in Memphis, TN, according to its Form ADV."
    },
    {
      "q": "Is Private Wealth Management, Inc. registered with the SEC or a state?",
      "a": "Private Wealth Management, Inc. is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 120823."
    },
    {
      "q": "How much does Private Wealth Management, Inc. manage?",
      "a": "Private Wealth Management, Inc. reports $832,495,124 in regulatory assets under management in its Form ADV filing dated March 13, 2026 (0% discretionary)."
    },
    {
      "q": "How have Private Wealth Management, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Private Wealth Management, Inc.: Regulatory assets under management: $741,236,598 in the October 2021 data and $832,495,124 in the October 2026 data, up 12%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Private Wealth Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (85); individuals (other than high net worth individuals) (46)."
    },
    {
      "q": "Which custodians does Private Wealth Management, Inc. use?",
      "a": "Private Wealth Management, Inc.'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."
    },
    {
      "q": "Does Private 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/120823"
    },
    {
      "q": "Does Private Wealth Management, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 13, 2026 says: \"PWM requires a minimum account size of $1,000,000 for money management services. However, PWM has discretion to waive the account minimum.\""
    },
    {
      "q": "What changed in Private Wealth Management, Inc.'s recent Form ADV filings?",
      "a": "In the January 2026 filing data: No longer registered or notice-filed in AR."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 741236598.0,
      "total_employees": 4,
      "filing_date": "2021-03-25"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 829379814.0,
      "total_employees": 4,
      "filing_date": "2022-03-11"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 793086734.0,
      "total_employees": 4,
      "filing_date": "2023-03-20"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 699203743.0,
      "total_employees": 4,
      "filing_date": "2024-02-16"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 768179247.0,
      "total_employees": 4,
      "filing_date": "2025-03-10"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 832495124.0,
      "total_employees": 4,
      "filing_date": "2026-03-13"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in AR."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 13, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": "$6,000",
    "planning_fees": [
      "Hourly rate: $100 to $500 an hour (Personal Financial Planning Services)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "PWM requires a minimum account size of $1,000,000 for money management services. However, PWM has discretion to waive the account minimum."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $6,000"
        ],
        "quotes": [
          "PWM assesses a minimum annual fee of $6,000 to accounts receiving ongoing asset management services."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $100 to $500 an hour (Personal Financial Planning Services)"
        ],
        "quotes": [
          "Fees for Personal Financial Planning Services will range from $100 to $500 per hour.  Such fees shall be mutually agreed upon by the client and representative, and shall be due and payable when services are rendered."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 1000000.0,
      "minimum_annual_fee": 6000.0,
      "planning": [
        {
          "kind": "hourly",
          "amount": null,
          "min": 100.0,
          "max": 500.0,
          "period": "hour",
          "service": "Personal Financial Planning Services"
        }
      ]
    },
    "quotes": [
      "PWM requires a minimum account size of $1,000,000 for money management services. However, PWM has discretion to waive the account minimum.",
      "PWM assesses a minimum annual fee of $6,000 to accounts receiving ongoing asset management services.",
      "Fees for Personal Financial Planning Services will range from $100 to $500 per hour.  Such fees shall be mutually agreed upon by the client and representative, and shall be due and payable when services are rendered."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/private-wealth-management-inc-memphis-tn-120823.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 46,
      "fewer_than_5": false,
      "raum": 15773008.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 85,
      "fewer_than_5": false,
      "raum": 807640749.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 8575530.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 505837.0
    }
  ],
  "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/120823",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}