# Sima Wealth Partners, LLC > Sima Wealth Partners, LLC is an SEC-registered investment advisory firm in Richmond, VA, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 14, 2026. - CRD: 159943 - Filed as: SIMA WEALTH PARTNERS, LLC - Registration: SEC-registered investment adviser (status as filed: Approved) - Location: Richmond, VA - Filing period: October 2026 - Form ADV filing dated: September 14, 2026 - SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159943 - AdvisorCensus page: https://advisorcensus.com/firm/sima-wealth-partners-llc-richmond-va-159943 ## Quick answers **How is Sima Wealth Partners, LLC compensated?** On its Form ADV (Item 5.E, October 2026), Sima Wealth Partners, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). **How much does Sima Wealth Partners, LLC charge?** Its Form ADV Part 2A brochure dated August 3, 2026 states: Hourly rate: $325 an hour (specific services…). Fees can differ by service and may be negotiable; the brochure is the complete statement. **Where is Sima Wealth Partners, LLC located?** Sima Wealth Partners, LLC's principal office is in Richmond, VA, according to its Form ADV. **Is Sima Wealth Partners, LLC registered with the SEC or a state?** Sima Wealth Partners, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 159943. **How much does Sima Wealth Partners, LLC manage?** Sima Wealth Partners, LLC reports $156,659,083 in regulatory assets under management in its Form ADV filing dated September 14, 2026 (100% discretionary). **How have Sima Wealth Partners, LLC's assets and staff changed since 2024?** In the Form ADV data for Sima Wealth Partners, LLC: Regulatory assets under management: $135,650,527 in the October 2024 data and $156,659,083 in the October 2026 data, up 15%. Total employees: 7 in October 2024 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going. **What types of clients does Sima Wealth Partners, LLC serve?** By number of clients on Form ADV Item 5.D: high net worth individuals (60); individuals (other than high net worth individuals) (51); corporations or other businesses not listed above (3). **Which custodians does Sima Wealth Partners, LLC use?** Sima Wealth Partners, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets. **Does Sima Wealth Partners, LLC 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/159943 **What changed in Sima Wealth Partners, LLC's recent Form ADV filings?** In the October 2026 filing data: Registered or notice-filed in TX. ## From the Form ADV filing ### Compensation (Item 5.E) - A percentage of assets under your management - Hourly charges - Fixed fees (other than subscription fees) ### Fees and minimums (Form ADV Part 2A brochure dated August 3, 2026) - Hourly rate: $325 an hour (specific services…) > Hourly Fees: SIMA Wealth charges an hourly fee of $325 for clients who request specific services (such as a modular plan or hourly consulting services) 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. 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: $156,659,083 - Discretionary: $156,659,083 - Non-discretionary: $0 ### Clients (Item 5.D) | Client type | Clients | Assets | | --- | --- | --- | | Individuals (other than high net worth individuals) | 51 | $20,152,825 | | High net worth individuals | 60 | $124,567,678 | | 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) | 1 | $8,381,244 | | Charitable organizations | 0 | $0 | | State or municipal government entities (including government pension plans) | 0 | $0 | | Other investment advisers | 0 | $0 | | Insurance companies | 0 | $0 | | Sovereign wealth funds and foreign official institutions | 0 | $0 | | Corporations or other businesses not listed above | 3 | $3,557,336 | | 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 - Selection of other advisers (including private fund managers) ### Firm details - Registered since: 2024 (2 years) - Employees: 6 total, 4 performing advisory functions - Wrap fee program participation: Yes - States registered or notice-filed: TX, VA - Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11. ### Websites listed on Form ADV (Item 1.I) - simafinancialgroup.com/WEALTH-PLANNING - LinkedIn @simafinancial ## Assets and staff over time | Data period | Regulatory assets under management | Employees | Filing dated | | --- | --- | --- | --- | | October 2024 | $135,650,527 | 7 | August 19, 2024 | | October 2025 | $145,404,434 | 8 | July 17, 2025 | | October 2026 | $156,659,083 | 6 | September 14, 2026 | Regulatory assets under management: $135,650,527 in the October 2024 data and $156,659,083 in the October 2026 data, up 15%. Total employees: 7 in October 2024 and 6 in October 2026. ## Changes in the filing (last 12 months) ### October 2026 - Registered or notice-filed in TX. ### April 2026 - Employees performing advisory functions went from 6 to 4. ## Source Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sima Wealth Partners, LLC (CRD 159943): Form ADV filing data as of October 2026.