AdvisorCensus / Financial advisors / Arizona / Tucson / SEM Wealth Management
SEM Wealth Management
Filed as SEM WEALTH MANAGEMENT · Legal name Strategic Equity Management, Inc.
SEM Wealth Management is an SEC-registered investment advisory firm in Tucson, AZ, registered since 1998, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 24, 2026.
Quick answers
From the filingHow is SEM Wealth Management compensated?
On its Form ADV (Item 5.E, October 2026), SEM Wealth Management reports these compensation arrangements: a percentage of assets under its management.
Where is SEM Wealth Management located?
SEM Wealth Management's principal office is in Tucson, AZ, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is SEM Wealth Management registered with the SEC or a state?
SEM Wealth Management is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 112142.
How much does SEM Wealth Management manage?
SEM Wealth Management reports $933,491,000 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (79% discretionary).
How have SEM Wealth Management's assets and staff changed since 2021?
In the Form ADV data for SEM Wealth Management: Regulatory assets under management: $682,677,000 in the October 2021 data and $933,491,000 in the October 2026 data, up 37%. Total employees: 10 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does SEM Wealth Management serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,720); high net worth individuals (260); charitable organizations (10).
Which custodians does SEM Wealth Management use?
SEM Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Axos Clearing LLC as a custodian holding 10% or more of its separately managed account assets.
Does SEM 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/112142
Does SEM Wealth Management state an account minimum?
Its Form ADV Part 2A brochure dated March 24, 2026 says: "The minimum account size is $50,000 of assets under management. SEM has the discretion to waive the account minimum."
What changed in SEM Wealth Management's recent Form ADV filings?
In the January 2026 filing data: No longer registered or notice-filed in AR.
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
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 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: $50,000 (the brochure says it may be waived or negotiated)
The brochure's wording
The minimum account size is $50,000 of assets under management. SEM has the discretion to waive the account minimum.
As stated in the firm's Form ADV Part 2A brochure dated March 24, 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$933,491,000 as of October 2026, filing dated March 24, 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
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Legal name
- Strategic Equity Management, Inc.
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1998 (28 years)
- Employees
- Total: 11. Performing investment advisory functions: 4.
- 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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the April 2026 filing
- States registered or notice-filed
-
29 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 | $933,491,000 | 11 | March 24, 2026 |
| October 2025 | $920,498,000 | 11 | March 28, 2025 |
| October 2024 | $584,140,000 | 10 | March 25, 2024 |
| October 2023 | $817,873,000 | 11 | March 29, 2023 |
| October 2022 | $798,690,000 | 11 | March 30, 2022 |
| October 2021 | $682,677,000 | 10 | September 22, 2021 |
Regulatory assets under management: $682,677,000 in the October 2021 data and $933,491,000 in the October 2026 data, up 37%.
Total employees: 10 in October 2021 and 11 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- January 2026
- No longer registered or notice-filed in AR.
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. SEM Wealth Management (CRD 112142): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/sem-wealth-management-tucson-az-112142