# Protocol Wealth, LLC

> Protocol Wealth, LLC is an SEC-registered investment advisory firm in Denver, CO, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated October 1, 2026.

- CRD: 335298
- Filed as: PROTOCOL WEALTH, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Denver, CO
- Filing period: October 2026
- Form ADV filing dated: October 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/335298
- AdvisorCensus page: https://advisorcensus.com/firm/protocol-wealth-llc-denver-co-335298

## Quick answers

**How is Protocol Wealth, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Protocol Wealth, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; subscription fees (for a newsletter or periodical); fixed fees (other than subscription fees); performance-based fees.

**What does Protocol Wealth, LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated January 16, 2026 states: Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Protocol Wealth, LLC located?**
Protocol Wealth, LLC's principal office is in Denver, CO, according to its Form ADV.

**Is Protocol Wealth, LLC registered with the SEC or a state?**
Protocol Wealth, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 335298.

**How much does Protocol Wealth, LLC manage?**
Protocol Wealth, LLC reports $153,000,000 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (56% discretionary).

**How have Protocol Wealth, LLC's assets and staff changed since 2025?**
In the Form ADV data for Protocol Wealth, LLC: Regulatory assets under management: $0 in the October 2025 data and $153,000,000 in the October 2026 data. Total employees: 4 in October 2025 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Protocol Wealth, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (34); individuals (other than high net worth individuals) (14); pooled investment vehicles (other than investment companies and business development companies) (1).

**Which custodians does Protocol Wealth, LLC use?**
Protocol Wealth, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Altruist Financial LLC and Charles Schwab & Co., Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Protocol Wealth, LLC 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/335298

**What changed in Protocol Wealth, LLC's recent Form ADV filings?**
In the October 2026 filing data: Regulatory assets under management went from $127,102,603 to $153,000,000 (+20%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Subscription fees (for a newsletter or periodical)
- Fixed fees (other than subscription fees)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated January 16, 2026)

- Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it)

> Our asset-based fee ranges from 0.50% to 2.00% per year of the assets under management, depending on the size of the account and the complexity of the services.

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

### Custodians (Schedule D, Section 5.K(3))
- Altruist Financial LLC
- 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: $153,000,000
- Discretionary: $85,000,000
- Non-discretionary: $68,000,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 14 | $26,652,325 |
| High net worth individuals | 34 | $126,047,675 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $300,000 |

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

### Firm details
- Registered since: 2025 (1 year)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, FL, NY, PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- protocolcheck.com
- protocolwealth.io
- pwinsights.com
- pwsignals.com
- LinkedIn @protocolwealth
- X @Protocol_Wealth

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $0 | 4 | April 4, 2025 |
| October 2026 | $153,000,000 | 3 | October 1, 2026 |

Regulatory assets under management: $0 in the October 2025 data and $153,000,000 in the October 2026 data.
Total employees: 4 in October 2025 and 3 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Regulatory assets under management went from $127,102,603 to $153,000,000 (+20%).

### August 2026
- Registered or notice-filed in FL, NY.

### May 2026
- Reported a succession: took over the business of Protocol Wealth, LLC (CRD 335298) on January 1, 2026.

### February 2026
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Regulatory assets under management went from $0 to $126,000,000.
- Employees performing advisory functions went from 2 to 3.
- Changed its legal name from Enclave Digital Wealth, LLC to Protocol Wealth, LLC.
- Registered or notice-filed in PA.

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Protocol Wealth, LLC (CRD 335298): Form ADV filing data as of October 2026.