# SHP Wealth Management, LLC

> SHP Wealth Management, LLC is an SEC-registered investment advisory firm in Plymouth, MA, registered since 2016, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 21, 2026.

- CRD: 174697
- Filed as: SHP WEALTH MANAGEMENT, LLC
- Also doing business as: SHP FINANCIAL
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Plymouth, MA
- Filing period: October 2026
- Form ADV filing dated: September 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/174697
- AdvisorCensus page: https://advisorcensus.com/firm/shp-wealth-management-llc-plymouth-ma-174697

## Quick answers

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

**Where is SHP Wealth Management, LLC located?**
SHP Wealth Management, LLC's principal office is in Plymouth, MA, according to its Form ADV; the October 2026 filing also lists 5 other offices (Schedule D, Section 1.F).

**Is SHP Wealth Management, LLC registered with the SEC or a state?**
SHP Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 174697.

**How much does SHP Wealth Management, LLC manage?**
SHP Wealth Management, LLC reports $1,919,937,476 in regulatory assets under management in its Form ADV filing dated September 21, 2026 (94% discretionary).

**How have SHP Wealth Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for SHP Wealth Management, LLC: Regulatory assets under management: $629,651,876 in the October 2021 data and $1,919,937,476 in the October 2026 data, up 205%. Total employees: 34 in October 2021 and 52 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does SHP Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,778); high net worth individuals (483); other investment advisers (90).

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

**Does SHP Wealth Management, LLC report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/174697

**Does SHP Wealth Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated January 29, 2026 says: "There is an account minimum of $1,000,000, which may be waived by SWML in its discretion."

**What changed in SHP Wealth Management, LLC's recent Form ADV filings?**
In the July 2026 filing data: Employees performing advisory functions went from 29 to 32.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Other

### Fees and minimums (Form ADV Part 2A brochure dated January 29, 2026)

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

> There is an account minimum of $1,000,000, which may be waived by SWML in its discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- 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: $1,919,937,476
- Discretionary: $1,798,146,596
- Non-discretionary: $121,790,880

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,778 | $661,793,173 |
| High net worth individuals | 483 | $1,137,262,539 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8 | $16,312,103 |
| Charitable organizations | 1 | $1,566,370 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 90 | $98,644,217 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 4 | $4,359,074 |
| Other | 0 | $0 |

### 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)
- Educational seminars/workshops

### Firm details
- Registered since: 2016 (9 years)
- Employees: 52 total, 32 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, CT, FL, GA, IL, LA, MA, ME, NH, NY, RI, SC, TX, VT
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/174697

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Braintree, MA
- Hyannis, MA
- Marlborough, MA
- Westborough,, MA
- Woburn, MA

### Websites listed on Form ADV (Item 1.I)
- shpfinancial.com
- Facebook @SHPFINANCIAL
- LinkedIn @SHP-FINANCIAL
- YouTube @UCQZ5WhKtCl9c9R4Lq4kESfA

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $629,651,876 | 34 | March 20, 2021 |
| October 2022 | $879,833,883 | 39 | September 30, 2022 |
| October 2023 | $905,687,204 | 44 | September 7, 2023 |
| October 2024 | $1,097,350,737 | 49 | August 13, 2024 |
| October 2025 | $1,496,875,252 | 51 | April 24, 2025 |
| October 2026 | $1,919,937,476 | 52 | September 21, 2026 |

Regulatory assets under management: $629,651,876 in the October 2021 data and $1,919,937,476 in the October 2026 data, up 205%.
Total employees: 34 in October 2021 and 52 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Employees performing advisory functions went from 29 to 32.

### February 2026
- Employees performing advisory functions went from 27 to 29.
- Regulatory assets under management went from $1,496,875,252 to $1,919,937,476 (+28%).
- Updated its list of owners and control persons (Schedule A).

### January 2026
- Employees performing advisory functions went from 28 to 27.

### December 2025
- Item 11 disclosure answers changed: 1 yes answer, previously 2 (now no: 11.D(4)).
- Employees performing advisory functions went from 29 to 28.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. SHP Wealth Management, LLC (CRD 174697): Form ADV filing data as of October 2026.