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AdvisorCensus / Financial advisors / California / Los Angeles / Purus Wealth Management, LLC

Purus Wealth Management, LLC

Newport Beach, CASEC-registered investment adviserCRD 174490

Filed as PURUS WEALTH MANAGEMENT, LLC

Purus Wealth Management, LLC is an SEC-registered investment advisory firm in Newport Beach, CA, registered since 2015, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 18, 2026.

11 years
registered since 2015
$658,133,545
assets under management
3 arrangements
Percentage of assets, Hourly and more
None
disclosure items (Item 11)

Quick answers

From the filing

How is Purus Wealth Management, LLC compensated?

On its Form ADV (Item 5.E, October 2026), Purus Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

How much does Purus Wealth Management, LLC charge?

Its Form ADV Part 2A brochure dated March 18, 2026 states: Hourly rate: $500 an hour (financial planning and consulting services); Flat fee: up to $45,000 (pension consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

Where is Purus Wealth Management, LLC located?

Purus Wealth Management, LLC's principal office is in Newport Beach, CA, according to its Form ADV.

Is Purus Wealth Management, LLC registered with the SEC or a state?

Purus Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 174490.

How much does Purus Wealth Management, LLC manage?

Purus Wealth Management, LLC reports $658,133,545 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (69% discretionary).

How have Purus Wealth Management, LLC's assets and staff changed since 2021?

In the Form ADV data for Purus Wealth Management, LLC: Regulatory assets under management: $336,609,184 in the October 2021 data and $658,133,545 in the October 2026 data, up 96%. Total employees: 8 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

What types of clients does Purus Wealth Management, LLC serve?

By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (539); high net worth individuals (96); pension and profit sharing plans (but not the plan participants or government pension plans) (7).

Which custodians does Purus Wealth Management, LLC use?

Purus Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and The Standard as custodians holding 10% or more of its separately managed account assets.

Does Purus Wealth Management, 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/174490

What changed in Purus Wealth Management, LLC's recent Form ADV filings?

In the April 2026 filing data: Regulatory assets under management went from $548,150,879 to $658,133,545 (+20%).

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

Item 5.E
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

The brochure lists different fees for different services or strategies; see the brochure for them.

Hourly rate: $500 an hour (financial planning and consulting services)

The brochure's wording
We charge on an hourly or flat fee basis for financial planning and consult ing services. ... Our hourly fees are maximum $500

Flat fee: up to $45,000 (pension consulting services)

The brochure's wording
We charge on either a fixed fee or on an annualized basis for pension consulting services. ... Our flat fees generally range from up to $45,000

As stated in the firm's Form ADV Part 2A brochure dated March 18, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site

Regulatory assets under management

Item 5.F
$658,133,545

$658,133,545 as of October 2026, filing dated March 18, 2026.

Discretionary: $451,322,401.Non-discretionary: $206,811,144.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Individuals (other than high net worth individuals)
Clients 539 Assets $145,532,681 (22%)
High net worth individuals
Clients 96 Assets $303,078,247 (46%)
Pension and profit sharing plans (but not the plan participants or government pension plans)
Clients 7 Assets $208,034,648 (32%)
Charitable organizations
Clients Fewer than 5 Assets $378,764 (0%)
Corporations or other businesses not listed above
Clients Fewer than 5 Assets $1,109,205 (0%)

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Advisory services

Item 5.G
  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Pension consulting services
  • Educational seminars/workshops

Registration and firm details

Items 1, 2, 5
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
2015 (11 years)
Employees
Total: 12. Performing investment advisory functions: 4.
Wrap fee program participation
Yes.
Custodians (Schedule D, Section 5.K(3))

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.

States registered or notice-filed
10 states or jurisdictions
AZCAFLLANENVNYORTXUT

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
$337M 2021 $436M 2022 $383M 2023 $438M 2024 $548M 2025 $658M 2026
Data periodAssets under managementEmployeesFiling dated
October 2026$658,133,54512March 18, 2026
October 2025$548,150,87911June 20, 2025
October 2024$437,516,47510June 7, 2024
October 2023$383,463,34510March 31, 2023
October 2022$436,234,5929March 25, 2022
October 2021$336,609,1848March 24, 2021

Regulatory assets under management: $336,609,184 in the October 2021 data and $658,133,545 in the October 2026 data, up 96%.

Total employees: 8 in October 2021 and 12 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months
  1. April 2026
    • Regulatory assets under management went from $548,150,879 to $658,133,545 (+20%).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I
puruswealth.compuruswealthmanagement.compuruswm.com

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. Purus Wealth Management, LLC (CRD 174490): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/purus-wealth-management-llc-newport-beach-ca-174490