# Refined Wealth Management

> Refined Wealth Management is an SEC-registered investment advisory firm in Salt Lake City, UT, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 19, 2026.

- CRD: 169563
- Filed as: REFINED WEALTH MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Salt Lake City, UT
- Filing period: October 2026
- Form ADV filing dated: May 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/169563
- AdvisorCensus page: https://advisorcensus.com/firm/refined-wealth-management-salt-lake-city-ut-169563

## Quick answers

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

**Where is Refined Wealth Management located?**
Refined Wealth Management's principal office is in Salt Lake City, UT, according to its Form ADV.

**Is Refined Wealth Management registered with the SEC or a state?**
Refined Wealth Management is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 169563.

**How much does Refined Wealth Management manage?**
Refined Wealth Management reports $210,909,614 in regulatory assets under management in its Form ADV filing dated May 19, 2026 (89% discretionary).

**How have Refined Wealth Management's assets and staff changed since 2021?**
In the Form ADV data for Refined Wealth Management: Regulatory assets under management: $113,192,152 in the October 2021 data and $210,909,614 in the October 2026 data, up 86%. Total employees: 4 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Refined Wealth Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (337); high net worth individuals (71).

**Which custodians does Refined Wealth Management use?**
Refined Wealth Management'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 Refined Wealth 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/169563

**Does Refined Wealth Management state an account minimum?**
Its Form ADV Part 2A brochure dated May 19, 2026 says: "We do not have a minimum account opening balance." "We have no minimum account opening balance."

**What changed in Refined Wealth Management's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $188,743,323 to $210,909,614 (+12%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated May 19, 2026)

- Account minimum: None

> We do not have a minimum account opening balance.

> We have no minimum account opening balance.

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: $210,909,614
- Discretionary: $186,710,580
- Non-discretionary: $24,199,034

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 337 | $78,571,842 |
| High net worth individuals | 71 | $132,337,772 |
| 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)

### Firm details
- Registered since: 2021 (5 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, ID, NV, TX, UT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- refinedwm.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $113,192,152 | 4 | July 29, 2021 |
| October 2022 | $127,505,438 | 4 | July 26, 2022 |
| October 2023 | $141,539,823 | 4 | September 26, 2023 |
| October 2024 | $163,354,864 | 4 | February 9, 2024 |
| October 2025 | $188,743,323 | 6 | March 11, 2025 |
| October 2026 | $210,909,614 | 5 | May 19, 2026 |

Regulatory assets under management: $113,192,152 in the October 2021 data and $210,909,614 in the October 2026 data, up 86%.
Total employees: 4 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $188,743,323 to $210,909,614 (+12%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Refined Wealth Management (CRD 169563): Form ADV filing data as of October 2026.