{
  "crd_number": 285785,
  "slug": "sfg-wealth-management-towson-md-285785",
  "primary_business_name": "SFG WEALTH MANAGEMENT",
  "legal_name": "SFG WEALTH MANAGEMENT, LLC",
  "dbas": [],
  "city": "Towson",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "12580",
  "metro": {
    "cbsa_code": "12580",
    "common_name": "Baltimore",
    "msa_name": "Baltimore-Columbia-Towson, MD",
    "path": "/advisors/md/baltimore"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2016-12-16",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-04-14",
  "carried_forward": false,
  "raum_total": 760214689.0,
  "raum_discretionary": 681915565.0,
  "raum_non_discretionary": 78299124.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 19,
  "advisory_employees": 10,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 11823350.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 137441960.0,
      "count": 619
    },
    "pension_profit_sharing": {
      "raum": 1575984.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 570599017.0,
      "count": 554
    },
    "corporations_other_businesses": {
      "raum": 38774378.0,
      "count": 11
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "DC",
    "DE",
    "FL",
    "GA",
    "MD",
    "NC",
    "NJ",
    "NY",
    "OH",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA"
  ],
  "websites": [
    "https://facebook.com/SYNERGYFINANCIALGRP",
    "https://linkedin.com/COMPANY/128120",
    "https://sfgwm.com",
    "https://x.com/sfgwm"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/285785",
  "city_as_filed": "TOWSON",
  "url": "https://advisorcensus.com/firm/sfg-wealth-management-towson-md-285785",
  "display_name": "SFG Wealth Management",
  "summary": "SFG Wealth Management is an SEC-registered investment advisory firm in Towson, MD, registered since 2016, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 14, 2026.",
  "citation": "AdvisorCensus. SFG Wealth Management (CRD 285785): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "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",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is SFG Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), SFG Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is SFG Wealth Management located?",
      "a": "SFG Wealth Management's principal office is in Towson, MD, according to its Form ADV; the May 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is SFG Wealth Management registered with the SEC or a state?",
      "a": "SFG Wealth Management is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 285785."
    },
    {
      "q": "How much does SFG Wealth Management manage?",
      "a": "SFG Wealth Management reports $760,214,689 in regulatory assets under management in its Form ADV filing dated April 14, 2026 (90% discretionary)."
    },
    {
      "q": "How have SFG Wealth Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for SFG Wealth Management: Regulatory assets under management: $408,476,553 in the October 2021 data and $760,214,689 in the October 2026 data, up 86%. Total employees: 17 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does SFG Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (619); high net worth individuals (554); corporations or other businesses not listed above (11)."
    },
    {
      "q": "Which custodians does SFG Wealth Management use?",
      "a": "SFG Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does SFG 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/285785"
    },
    {
      "q": "What changed in SFG Wealth Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $643,567,369 to $760,214,689 (+18%). Employees performing advisory functions went from 11 to 10."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 408476553.0,
      "total_employees": 17,
      "filing_date": "2021-09-16"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 531674620.0,
      "total_employees": 17,
      "filing_date": "2022-04-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 441723236.0,
      "total_employees": 14,
      "filing_date": "2023-08-08"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 556304090.0,
      "total_employees": 16,
      "filing_date": "2024-07-17"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 643567369.0,
      "total_employees": 11,
      "filing_date": "2025-03-11"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 760214689.0,
      "total_employees": 19,
      "filing_date": "2026-04-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $643,567,369 to $760,214,689 (+18%).",
        "Employees performing advisory functions went from 11 to 10."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "LPL Financial LLC",
      "name_as_filed": "LPL FINANCIAL 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/sfg-wealth-management-towson-md-285785.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 619,
      "fewer_than_5": false,
      "raum": 137441960.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 554,
      "fewer_than_5": false,
      "raum": 570599017.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 1575984.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 11823350.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 11,
      "fewer_than_5": false,
      "raum": 38774378.0
    }
  ],
  "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/285785",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}