# Sumnicht & Associates, LLC

> Sumnicht & Associates, LLC is an SEC-registered investment advisory firm in Appleton, WI, registered since 2001, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 111421
- Filed as: SUMNICHT & ASSOCIATES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Appleton, WI
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111421
- AdvisorCensus page: https://advisorcensus.com/firm/sumnicht-and-associates-llc-appleton-wi-111421

## Quick answers

**How is Sumnicht & Associates, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Sumnicht & Associates, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other.

**Where is Sumnicht & Associates, LLC located?**
Sumnicht & Associates, LLC's principal office is in Appleton, WI, according to its Form ADV.

**Is Sumnicht & Associates, LLC registered with the SEC or a state?**
Sumnicht & Associates, LLC is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 111421.

**How much does Sumnicht & Associates, LLC manage?**
Sumnicht & Associates, LLC reports $107,891,921 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (59% discretionary).

**How have Sumnicht & Associates, LLC's assets and staff changed since 2021?**
In the Form ADV data for Sumnicht & Associates, LLC: Regulatory assets under management: $369,943,844 in the October 2021 data and $107,891,921 in the October 2026 data, down 71%. Total employees: 4 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Sumnicht & Associates, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (10).

**Which custodians does Sumnicht & Associates, LLC use?**
Sumnicht & Associates, 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 Sumnicht & Associates, 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/111421

**Does Sumnicht & Associates, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 27, 2026 says: "Sumnicht & Associates generally requires a $500,000 account minimum in order for the Firm to provide investment management services; the minimum investment management account size may be waived at the Firm’s discretion."

**What changed in Sumnicht & Associates, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 3. Registered or notice-filed in AZ.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> Sumnicht & Associates generally requires a $500,000 account minimum in order for the Firm to provide investment management services; the minimum investment management account size may be waived at the Firm’s 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: $107,891,921
- Discretionary: $63,965,013
- Non-discretionary: $43,926,908

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 10 | $107,891,921 |
| 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) | 0 | $0 |
| 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 | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2001 (25 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, FL, TX, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- sumnicht.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $369,943,844 | 4 | September 24, 2021 |
| October 2022 | $341,751,126 | 3 | April 27, 2022 |
| October 2023 | $255,112,539 | 4 | March 6, 2023 |
| October 2024 | $287,175,336 | 4 | March 22, 2024 |
| October 2025 | $100,444,400 | 4 | March 17, 2025 |
| October 2026 | $107,891,921 | 3 | March 27, 2026 |

Regulatory assets under management: $369,943,844 in the October 2021 data and $107,891,921 in the October 2026 data, down 71%.
Total employees: 4 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 3.
- Registered or notice-filed in AZ.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sumnicht & Associates, LLC (CRD 111421): Form ADV filing data as of October 2026.