{
  "crd_number": 713,
  "slug": "richards-merrill-wealth-management-spokane-wa-713",
  "primary_business_name": "RICHARDS MERRILL WEALTH MANAGEMENT",
  "legal_name": "RICHARDS, MERRILL & PETERSON, INC.",
  "dbas": [],
  "city": "Spokane",
  "state": "WA",
  "country": "United States",
  "cbsa_code": "44060",
  "metro": {
    "cbsa_code": "44060",
    "common_name": "Spokane",
    "msa_name": "Spokane-Spokane Valley, WA",
    "path": "/advisors/wa/spokane"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-04-27",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-03-10",
  "carried_forward": false,
  "raum_total": 643598531.0,
  "raum_discretionary": 550430177.0,
  "raum_non_discretionary": 93168354.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 10,
  "advisory_employees": 10,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 24342479.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 202371406.0,
      "count": 1094
    },
    "pension_profit_sharing": {
      "raum": 72278693.0,
      "count": 7
    },
    "high_net_worth_individuals": {
      "raum": 344605953.0,
      "count": 176
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 4,
  "states_registered": [
    "AK",
    "AZ",
    "CA",
    "FL",
    "ID",
    "MT",
    "NE",
    "NH",
    "OR",
    "TX",
    "WA"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/RMWEALTHMGMT",
    "https://rmwealthmgmt.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/713",
  "disclosure_items": [
    {
      "item": "11.D(1)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?"
    },
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "SPOKANE",
  "url": "https://advisorcensus.com/firm/richards-merrill-wealth-management-spokane-wa-713",
  "display_name": "Richards Merrill Wealth Management",
  "summary": "Richards Merrill Wealth Management is an SEC-registered investment advisory firm in Spokane, WA, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 10, 2026.",
  "citation": "AdvisorCensus. Richards Merrill Wealth Management (CRD 713): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Richards Merrill Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Richards Merrill Wealth Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Richards Merrill Wealth Management located?",
      "a": "Richards Merrill Wealth Management's principal office is in Spokane, WA, according to its Form ADV."
    },
    {
      "q": "Is Richards Merrill Wealth Management registered with the SEC or a state?",
      "a": "Richards Merrill Wealth Management is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 713."
    },
    {
      "q": "How much does Richards Merrill Wealth Management manage?",
      "a": "Richards Merrill Wealth Management reports $643,598,531 in regulatory assets under management in its Form ADV filing dated March 10, 2026 (86% discretionary)."
    },
    {
      "q": "How have Richards Merrill Wealth Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Richards Merrill Wealth Management: Regulatory assets under management: $230,121,671 in the October 2021 data and $643,598,531 in the October 2026 data, up 180%. Total employees: 8 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Richards Merrill Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,094); high net worth individuals (176); pension and profit sharing plans (but not the plan participants or government pension plans) (7)."
    },
    {
      "q": "Which custodians does Richards Merrill Wealth Management use?",
      "a": "Richards Merrill Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Wells Fargo Clearing Services, LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Richards Merrill Wealth Management report any disciplinary disclosures?",
      "a": "Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct), 11.D(2) (another regulator's finding of a violation), 11.D(4) (another regulator's order in the past ten years), and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/713"
    },
    {
      "q": "What changed in Richards Merrill Wealth Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $514,464,239 to $643,598,531 (+25%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 230121671.0,
      "total_employees": 8,
      "filing_date": "2021-09-08"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 289093457.0,
      "total_employees": 7,
      "filing_date": "2022-05-24"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 290027942.0,
      "total_employees": 7,
      "filing_date": "2023-03-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 395784920.0,
      "total_employees": 8,
      "filing_date": "2024-04-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 514464239.0,
      "total_employees": 10,
      "filing_date": "2025-07-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 643598531.0,
      "total_employees": 10,
      "filing_date": "2026-03-10"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $514,464,239 to $643,598,531 (+25%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Wells Fargo Clearing Services, LLC",
      "name_as_filed": "WELLS FARGO CLEARING SERVICES, LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/richards-merrill-wealth-management-spokane-wa-713.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1094,
      "fewer_than_5": false,
      "raum": 202371406.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 176,
      "fewer_than_5": false,
      "raum": 344605953.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 7,
      "fewer_than_5": false,
      "raum": 72278693.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 24342479.0
    }
  ],
  "disclosure_line": "Reports 4 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/713",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}