{
  "crd_number": 112142,
  "slug": "sem-wealth-management-tucson-az-112142",
  "primary_business_name": "SEM WEALTH MANAGEMENT",
  "legal_name": "STRATEGIC EQUITY MANAGEMENT, INC.",
  "dbas": [],
  "city": "Tucson",
  "state": "AZ",
  "country": "United States",
  "cbsa_code": "46060",
  "metro": {
    "cbsa_code": "46060",
    "common_name": "Tucson",
    "msa_name": "Tucson, AZ",
    "path": "/advisors/az/tucson"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1998-07-02",
  "years_registered": 28,
  "period": "2026-10-01",
  "filing_date": "2026-03-24",
  "carried_forward": false,
  "raum_total": 933491000.0,
  "raum_discretionary": 734623000.0,
  "raum_non_discretionary": 198868000.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 11,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 1547000.0,
      "count": 10
    },
    "individuals": {
      "raum": 335467000.0,
      "count": 1720
    },
    "other_investment_advisers": {
      "raum": 180100000.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 416157000.0,
      "count": 260
    },
    "corporations_other_businesses": {
      "raum": 220000.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AZ",
    "CA",
    "CO",
    "FL",
    "GA",
    "IA",
    "IL",
    "IN",
    "MD",
    "MI",
    "MN",
    "MO",
    "NC",
    "NE",
    "NH",
    "NJ",
    "NY",
    "OH",
    "OK",
    "PA",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA",
    "WI",
    "WV"
  ],
  "websites": [
    "https://facebook.com/SEMWealth",
    "https://instagram.com/semwealthmgmt",
    "https://linkedin.com/company/semwealth",
    "https://semwealth.com",
    "https://tiktok.com/@finance_nerd",
    "https://tiktok.com/@moneytalkswithdad0",
    "https://twitter.com/semwealth",
    "https://whatsmyscore.net",
    "https://youtube.com/@semwealthmanagement"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/112142",
  "city_as_filed": "TUCSON",
  "url": "https://advisorcensus.com/firm/sem-wealth-management-tucson-az-112142",
  "display_name": "SEM Wealth Management",
  "summary": "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.",
  "citation": "AdvisorCensus. SEM Wealth Management (CRD 112142): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "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 SEM Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), SEM Wealth Management reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is SEM Wealth Management located?",
      "a": "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)."
    },
    {
      "q": "Is SEM Wealth Management registered with the SEC or a state?",
      "a": "SEM Wealth Management is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 112142."
    },
    {
      "q": "How much does SEM Wealth Management manage?",
      "a": "SEM Wealth Management reports $933,491,000 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (79% discretionary)."
    },
    {
      "q": "How have SEM Wealth Management's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does SEM Wealth Management serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does SEM Wealth Management use?",
      "a": "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."
    },
    {
      "q": "Does SEM Wealth Management report any disciplinary disclosures?",
      "a": "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"
    },
    {
      "q": "Does SEM Wealth Management state an account minimum?",
      "a": "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.\""
    },
    {
      "q": "What changed in SEM Wealth Management's recent Form ADV filings?",
      "a": "In the January 2026 filing data: No longer registered or notice-filed in AR."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 682677000.0,
      "total_employees": 10,
      "filing_date": "2021-09-22"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 798690000.0,
      "total_employees": 11,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 817873000.0,
      "total_employees": 11,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 584140000.0,
      "total_employees": 10,
      "filing_date": "2024-03-25"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 920498000.0,
      "total_employees": 11,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 933491000.0,
      "total_employees": 11,
      "filing_date": "2026-03-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in AR."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 24, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$50,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $50,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "The minimum account size is $50,000 of assets under management. SEM has the discretion to waive the account minimum."
        ]
      }
    ],
    "quotes": [
      "The minimum account size is $50,000 of assets under management. SEM has the discretion to waive the account minimum."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Axos Clearing LLC",
      "name_as_filed": "AXOS CLEARING 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/sem-wealth-management-tucson-az-112142.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1720,
      "fewer_than_5": false,
      "raum": 335467000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 260,
      "fewer_than_5": false,
      "raum": 416157000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 10,
      "fewer_than_5": false,
      "raum": 1547000.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": true,
      "raum": 180100000.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 220000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/112142",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}