# Selective Wealth Management, Inc.

> Selective Wealth Management, Inc. is an SEC-registered investment advisory firm in Forest, VA, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 15, 2026.

- CRD: 164882
- Filed as: SELECTIVE WEALTH MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Forest, VA
- Filing period: October 2026
- Form ADV filing dated: May 15, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164882
- AdvisorCensus page: https://advisorcensus.com/firm/selective-wealth-management-inc-forest-va-164882

## Quick answers

**How is Selective Wealth Management, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Selective Wealth Management, Inc. reports these compensation arrangements: a percentage of assets under its management.

**Where is Selective Wealth Management, Inc. located?**
Selective Wealth Management, Inc.'s principal office is in Forest, VA, according to its Form ADV; the June 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Selective Wealth Management, Inc. registered with the SEC or a state?**
Selective Wealth Management, Inc. is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 164882.

**How much does Selective Wealth Management, Inc. manage?**
Selective Wealth Management, Inc. reports $454,812,962 in regulatory assets under management in its Form ADV filing dated May 15, 2026 (100% discretionary).

**How have Selective Wealth Management, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Selective Wealth Management, Inc.: Regulatory assets under management: $342,537,636 in the October 2021 data and $454,812,962 in the October 2026 data, up 33%. Total employees: 10 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Selective Wealth Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (504); high net worth individuals (184); other (5).

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

**Does Selective Wealth Management, Inc. 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/164882

**Does Selective Wealth Management, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated May 15, 2026 says: "In general, we require a minimum account size of $1,000,000 to open and maintain an advisory account, which may be waived at our discretion."

**What changed in Selective Wealth Management, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: No longer lists an office in Cave Spring, VA. 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

### Fees and minimums (Form ADV Part 2A brochure dated May 15, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> In general, we require a minimum account size of $1,000,000 to open and maintain an advisory account, which may be waived at our discretion.

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.
- Fidelity Brokerage 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: $454,812,962
- Discretionary: $454,812,962
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 504 | $95,185,621 |
| High net worth individuals | 184 | $345,441,625 |
| Charitable organizations | 1 | $4,712 |
| Corporations or other businesses not listed above | 3 | $11,229,942 |
| Other | 5 | $2,951,062 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2016 (9 years)
- Employees: 9 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, AR, AZ, CA, CO, DE, FL, GA, IL, IN, KY, LA, MA, MD, ME, MI, MO, NC, NJ, NV, NY, OH, OK, OR, PA, SC, TN, TX, 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 June 2026 filing
- Charlotte, NC
- Charlottesville, VA

### Websites listed on Form ADV (Item 1.I)
- charlottesvillefinancialadvisors.com
- selectivewealthmanagement.com
- selectivewm.com
- Facebook @selectivewealthmanagement
- LinkedIn @SELECTIVE_WEALTH_MANAGEMENT
- X @SELECTIVEWM
- YouTube @UCaDJ22F0zKVE-sy-Ea_k4Kw

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $342,537,636 | 10 | September 14, 2021 |
| October 2022 | $408,552,589 | 16 | September 1, 2022 |
| October 2023 | $358,769,908 | 11 | May 16, 2023 |
| October 2024 | $392,478,082 | 12 | March 19, 2024 |
| October 2025 | $425,928,464 | 9 | July 31, 2025 |
| October 2026 | $454,812,962 | 9 | May 15, 2026 |

Regulatory assets under management: $342,537,636 in the October 2021 data and $454,812,962 in the October 2026 data, up 33%.
Total employees: 10 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- No longer lists an office in Cave Spring, VA.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Selective Wealth Management, Inc. (CRD 164882): Form ADV filing data as of October 2026.