AdvisorCensus / Financial advisors / District of Columbia / Washington / Reston Wealth Management
Reston Wealth Management
Filed as RESTON WEALTH MANAGEMENT · Legal name Reston Wealth Management, LLC.
Reston Wealth Management is an SEC-registered investment advisory firm in Reston, VA, registered since 2009, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 20, 2026.
Quick answers
From the filingHow is Reston Wealth Management compensated?
On its Form ADV (Item 5.E, October 2026), Reston Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions.
Where is Reston Wealth Management located?
Reston Wealth Management's principal office is in Reston, VA, according to its Form ADV.
Is Reston Wealth Management registered with the SEC or a state?
Reston Wealth Management is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 148816.
How much does Reston Wealth Management manage?
Reston Wealth Management reports $589,943,000 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (98% discretionary).
How have Reston Wealth Management's assets and staff changed since 2021?
In the Form ADV data for Reston Wealth Management: Regulatory assets under management: $358,865,630 in the October 2021 data and $589,943,000 in the October 2026 data, up 64%. Total employees: 8 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Reston Wealth Management serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (307); high net worth individuals (173); pension and profit sharing plans (but not the plan participants or government pension plans) (7).
Which custodians does Reston Wealth Management use?
Reston Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC and LPL Financial LLC as custodians holding 10% or more of its separately managed account assets.
Does Reston 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/148816
Does Reston Wealth Management state an account minimum?
Its Form ADV Part 2A brochure dated March 20, 2026 says: "We generally require a minimum initial investment of $1,000,000 to open or maintain a managed account with us. We retain the right to waive or reduce this minimum if we feel circumstances are warranted."
What changed in Reston Wealth Management's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 4 to 3. Regulatory assets under management went from $477,096,308 to $589,943,000 (+24%).
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)
- Commissions
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 2AAccount minimum: $1,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
We generally require a minimum initial investment of $1,000,000 to open or maintain a managed account with us. We retain the right to waive or reduce this minimum if we feel circumstances are warranted.
As stated in the firm's Form ADV Part 2A brochure dated March 20, 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$589,943,000 as of October 2026, filing dated March 20, 2026.
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.DA 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
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Legal name
- Reston Wealth Management, LLC.
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2009 (17 years)
- Employees
- Total: 8. Performing investment advisory functions: 3.
- Wrap fee program participation
- No.
- 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
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None 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| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $589,943,000 | 8 | March 20, 2026 |
| October 2025 | $477,096,308 | 9 | March 26, 2025 |
| October 2024 | $411,754,095 | 8 | March 28, 2024 |
| October 2023 | $344,955,086 | 8 | March 31, 2023 |
| October 2022 | $409,996,022 | 8 | May 23, 2022 |
| October 2021 | $358,865,630 | 8 | March 29, 2021 |
Regulatory assets under management: $358,865,630 in the October 2021 data and $589,943,000 in the October 2026 data, up 64%.
Total employees: 8 in October 2021 and 8 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- April 2026
- Employees performing advisory functions went from 4 to 3.
- Regulatory assets under management went from $477,096,308 to $589,943,000 (+24%).
- January 2026
- Employees performing advisory functions went from 5 to 4.
- Registered or notice-filed in DC, SC.
- Updated its list of owners and control persons (Schedule A).
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.ISource: 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. Reston Wealth Management (CRD 148816): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/reston-wealth-management-reston-va-148816