# Private Wealth Management, Inc.

> 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.

- CRD: 120823
- Filed as: PRIVATE WEALTH MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Memphis, TN
- Filing period: October 2026
- Form ADV filing dated: March 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/120823
- AdvisorCensus page: https://advisorcensus.com/firm/private-wealth-management-inc-memphis-tn-120823

## Quick answers

**How is Private Wealth Management, Inc. compensated?**
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).

**How much does Private Wealth Management, Inc. charge?**
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.

**Where is Private Wealth Management, Inc. located?**
Private Wealth Management, Inc.'s principal office is in Memphis, TN, according to its Form ADV.

**Is Private Wealth Management, Inc. registered with the SEC or a state?**
Private Wealth Management, Inc. is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 120823.

**How much does Private Wealth Management, Inc. manage?**
Private Wealth Management, Inc. reports $832,495,124 in regulatory assets under management in its Form ADV filing dated March 13, 2026 (0% discretionary).

**How have Private Wealth Management, Inc.'s assets and staff changed since 2021?**
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.

**What types of clients does Private Wealth Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (85); individuals (other than high net worth individuals) (46).

**Which custodians does Private Wealth Management, Inc. use?**
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.

**Does Private Wealth Management, Inc. 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/120823

**Does Private Wealth Management, Inc. state an account minimum?**
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."

**What changed in Private Wealth Management, Inc.'s recent Form ADV filings?**
In the January 2026 filing data: No longer registered or notice-filed in AR.

## 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 March 13, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> PWM requires a minimum account size of $1,000,000 for money management services. However, PWM has discretion to waive the account minimum.

- Minimum annual fee: $6,000

> PWM assesses a minimum annual fee of $6,000 to accounts receiving ongoing asset management services.

- Hourly rate: $100 to $500 an hour (Personal Financial Planning 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.

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: $832,495,124
- Discretionary: $0
- Non-discretionary: $832,495,124

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 46 | $15,773,008 |
| High net worth individuals | 85 | $807,640,749 |
| Charitable organizations | Fewer than 5 | $8,575,530 |
| Corporations or other businesses not listed above | Fewer than 5 | $505,837 |

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

### Firm details
- Registered since: 2002 (24 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, TN, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $741,236,598 | 4 | March 25, 2021 |
| October 2022 | $829,379,814 | 4 | March 11, 2022 |
| October 2023 | $793,086,734 | 4 | March 20, 2023 |
| October 2024 | $699,203,743 | 4 | February 16, 2024 |
| October 2025 | $768,179,247 | 4 | March 10, 2025 |
| October 2026 | $832,495,124 | 4 | March 13, 2026 |

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.

## Changes in the filing (last 12 months)

### January 2026
- No longer registered or notice-filed in AR.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Private Wealth Management, Inc. (CRD 120823): Form ADV filing data as of October 2026.