{
  "crd_number": 297059,
  "slug": "simplified-wealth-management-hattiesburg-ms-297059",
  "primary_business_name": "SIMPLIFIED WEALTH MANAGEMENT",
  "legal_name": "SIMPLIFIED WEALTH MANAGEMENT, LLC",
  "dbas": [],
  "city": "Hattiesburg",
  "state": "MS",
  "country": "United States",
  "cbsa_code": "25620",
  "metro": {
    "cbsa_code": "25620",
    "common_name": "Hattiesburg",
    "msa_name": "Hattiesburg, MS",
    "path": "/advisors/ms/hattiesburg"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-04-21",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-02-16",
  "carried_forward": false,
  "raum_total": 225538099.0,
  "raum_discretionary": 225538099.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 9,
  "advisory_employees": 7,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 73599964.0,
      "count": 616
    },
    "pension_profit_sharing": {
      "raum": 3880931.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 145974261.0,
      "count": 91
    },
    "corporations_other_businesses": {
      "raum": 2082943.0,
      "count": 5
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "AL",
    "AR",
    "FL",
    "GA",
    "LA",
    "MS",
    "NE",
    "NH",
    "TN",
    "TX"
  ],
  "websites": [
    "https://facebook.com/simplifiedwealthmanagement",
    "https://myswm.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/297059",
  "disclosure_items": [
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    },
    {
      "item": "11.E(4)",
      "question": "Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?"
    }
  ],
  "city_as_filed": "HATTIESBURG",
  "url": "https://advisorcensus.com/firm/simplified-wealth-management-hattiesburg-ms-297059",
  "display_name": "Simplified Wealth Management",
  "summary": "Simplified Wealth Management is an SEC-registered investment advisory firm in Hattiesburg, MS, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 16, 2026.",
  "citation": "AdvisorCensus. Simplified Wealth Management (CRD 297059): 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": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Simplified Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Simplified Wealth Management reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Simplified Wealth Management located?",
      "a": "Simplified Wealth Management's principal office is in Hattiesburg, MS, according to its Form ADV."
    },
    {
      "q": "Is Simplified Wealth Management registered with the SEC or a state?",
      "a": "Simplified Wealth Management is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 297059."
    },
    {
      "q": "How much does Simplified Wealth Management manage?",
      "a": "Simplified Wealth Management reports $225,538,099 in regulatory assets under management in its Form ADV filing dated February 16, 2026 (100% discretionary)."
    },
    {
      "q": "How have Simplified Wealth Management's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Simplified Wealth Management: Regulatory assets under management: $115,038,836 in the October 2022 data and $225,538,099 in the October 2026 data, up 96%. Total employees: 8 in October 2022 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Simplified Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (616); high net worth individuals (91); corporations or other businesses not listed above (5)."
    },
    {
      "q": "Which custodians does Simplified Wealth Management use?",
      "a": "Simplified Wealth Management'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."
    },
    {
      "q": "Does Simplified Wealth Management report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation) and 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). 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/297059"
    },
    {
      "q": "Does Simplified Wealth Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 16, 2026 says: \"There is no minimum account size to open and maintain an advisory account.\""
    },
    {
      "q": "What changed in Simplified Wealth Management's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Employees performing advisory functions went from 5 to 7. Regulatory assets under management went from $179,488,997 to $225,538,099 (+26%)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 115038836.0,
      "total_employees": 8,
      "filing_date": "2022-03-21"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 121023916.0,
      "total_employees": 6,
      "filing_date": "2023-07-18"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 156403792.0,
      "total_employees": 7,
      "filing_date": "2024-02-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 179488997.0,
      "total_employees": 7,
      "filing_date": "2025-01-23"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 225538099.0,
      "total_employees": 9,
      "filing_date": "2026-02-16"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 5 to 7.",
        "Regulatory assets under management went from $179,488,997 to $225,538,099 (+26%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 16, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "There is no minimum account size to open and maintain an advisory account."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "There is no minimum account size to open and maintain an advisory account."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/simplified-wealth-management-hattiesburg-ms-297059.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 616,
      "fewer_than_5": false,
      "raum": 73599964.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 91,
      "fewer_than_5": false,
      "raum": 145974261.0
    },
    {
      "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": 3880931.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 5,
      "fewer_than_5": false,
      "raum": 2082943.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "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/297059",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}