# SAX Wealth Advisors, LLC

> SAX Wealth Advisors, LLC is an SEC-registered investment advisory firm in Parsippany, NJ, registered since 2008, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 19, 2026.

- CRD: 119193
- Filed as: SAX WEALTH ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Parsippany, NJ
- Filing period: October 2026
- Form ADV filing dated: August 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/119193
- AdvisorCensus page: https://advisorcensus.com/firm/sax-wealth-advisors-llc-parsippany-nj-119193

## Quick answers

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

**How much does SAX Wealth Advisors, LLC charge?**
Its Form ADV Part 2A brochure dated May 20, 2026 states: Flat fee: $2,500 to $50,000 (Financial planning fees); Hourly rate: $300 an hour (Financial Planning fees). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is SAX Wealth Advisors, LLC located?**
SAX Wealth Advisors, LLC's principal office is in Parsippany, NJ, according to its Form ADV; the September 2026 filing also lists 9 other offices (Schedule D, Section 1.F).

**Is SAX Wealth Advisors, LLC registered with the SEC or a state?**
SAX Wealth Advisors, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 119193.

**How much does SAX Wealth Advisors, LLC manage?**
SAX Wealth Advisors, LLC reports $3,596,080,962 in regulatory assets under management in its Form ADV filing dated August 19, 2026 (97% discretionary).

**How have SAX Wealth Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for SAX Wealth Advisors, LLC: Regulatory assets under management: $1,093,241,986 in the October 2021 data and $3,596,080,962 in the October 2026 data, up 229%. Total employees: 12 in October 2021 and 39 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does SAX Wealth Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (881); high net worth individuals (715); corporations or other businesses not listed above (30).

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

**Does SAX Wealth Advisors, 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/119193

**What changed in SAX Wealth Advisors, LLC's recent Form ADV filings?**
In the September 2026 filing data: Added an office in Eugene, OR. Added an office in Ponte Vedra, FL. No longer lists an office in Concord, MA. Registered or notice-filed in MN, NM. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated May 20, 2026)

- Flat fee: $2,500 to $50,000 (Financial planning fees)

> Financial planning fees will be charged as a fixed fee generally ranging from $2,500 to $50,000, depending on the nature and complexity of each client’s circumstances and upon mutual agreement with the client.

- Hourly rate: $300 an hour (Financial Planning fees)

> Under very limited circumstances Financial Planning fees will be charged on an hourly basis at a rate of $300.00 per hour and upon mutual agreement with the client.

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.
- National Financial Services LLC

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: $3,596,080,962
- Discretionary: $3,485,539,162
- Non-discretionary: $110,541,800

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 881 | $551,889,159 |
| High net worth individuals | 715 | $2,845,909,974 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 23 | $30,069,183 |
| Charitable organizations | 6 | $27,710,989 |
| Corporations or other businesses not listed above | 30 | $140,501,657 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2008 (18 years)
- Employees: 39 total, 37 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, DC, DE, FL, GA, IL, IN, LA, MA, MD, ME, MI, MN, MO, NC, NE, NH, NJ, NM, NV, NY, OH, OR, PA, RI, SC, TN, TX, UT, VA, WA, WV
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Ann Arbor, MI
- Eugene, OR
- Ewing, NJ
- New York, NY
- Ponte Vedra, FL
- Ridgefield, CT
- Rocky River, OH
- Salt Lake City, UT
- San Diego, CA

### Websites listed on Form ADV (Item 1.I)
- saxathletes.com
- saxwa.com
- Facebook @SaxLLP
- Facebook @SAX-Wealth-Advisors
- Instagram @saxwealth
- LinkedIn @SAX-WEALTH-ADVISORS-LLC
- X @saxwealth
- YouTube @SAXWealthAdvisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,093,241,986 | 12 | March 26, 2021 |
| October 2022 | $1,360,874,502 | 13 | April 25, 2022 |
| October 2023 | $1,287,688,205 | 13 | August 17, 2023 |
| October 2024 | $1,739,354,773 | 23 | July 30, 2024 |
| October 2025 | $2,440,851,802 | 39 | July 2, 2025 |
| October 2026 | $3,596,080,962 | 39 | August 19, 2026 |

Regulatory assets under management: $1,093,241,986 in the October 2021 data and $3,596,080,962 in the October 2026 data, up 229%.
Total employees: 12 in October 2021 and 39 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Added an office in Eugene, OR.
- Added an office in Ponte Vedra, FL.
- No longer lists an office in Concord, MA.
- Registered or notice-filed in MN, NM.
- Updated its list of owners and control persons (Schedule A).

### June 2026
- Registered or notice-filed in TN.

### April 2026
- Employees performing advisory functions went from 24 to 37.
- Regulatory assets under management went from $2,440,851,802 to $3,596,080,962 (+47%).
- Added an office in Ann Arbor, MI.
- Added an office in Ponte Vedra, FL.
- Added an office in Salt Lake City, UT.
- Added an office in San Diego, CA.
- No longer lists an office in Gaithersburg, MD.
- No longer lists an office in Jacksonville, FL.
- No longer lists an office in Londonderry, NH.
- No longer lists an office in Wakefield, MA.

### March 2026
- Registered or notice-filed in IN, RI.

### December 2025
- Registered or notice-filed in DE, MI, NV, OR, UT, WA, WV.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. SAX Wealth Advisors, LLC (CRD 119193): Form ADV filing data as of October 2026.