# TLW Wealth Management, LLC

> TLW Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 21, 2026.

- CRD: 284598
- Filed as: TLW WEALTH MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: July 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/284598
- AdvisorCensus page: https://advisorcensus.com/firm/tlw-wealth-management-llc-284598

## Quick answers

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

**How much does TLW Wealth Management, LLC charge?**
Its Form ADV Part 2A brochure dated July 21, 2026 states: Asset-based fee: 1% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Is TLW Wealth Management, LLC registered with the SEC or a state?**
TLW Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 284598.

**How much does TLW Wealth Management, LLC manage?**
TLW Wealth Management, LLC reports $175,486,596 in regulatory assets under management in its Form ADV filing dated July 21, 2026 (100% discretionary).

**How have TLW Wealth Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for TLW Wealth Management, LLC: Regulatory assets under management: $157,206,995 in the October 2021 data and $175,486,596 in the October 2026 data, up 12%. Total employees: 6 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does TLW Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (84); high net worth individuals (34).

**Which custodians does TLW Wealth Management, LLC use?**
TLW Wealth Management, 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 TLW Wealth Management, 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/284598

**Does TLW Wealth Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated July 21, 2026 says: "The Firm has a minimum account value of $100,000 for TLW Portfolios."

**What changed in TLW Wealth Management, LLC's recent Form ADV filings?**
In the February 2026 filing data: Employees performing advisory functions went from 3 to 4.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated July 21, 2026)

- Asset-based fee: 1% of assets a year

> We charge an annual fee of 1.00% on the average account value for the quarter.

- Account minimum: $100,000

> The Firm has a minimum account value of $100,000 for TLW Portfolios.

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: $175,486,596
- Discretionary: $175,486,596
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 84 | $12,344,809 |
| High net worth individuals | 34 | $161,191,778 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $321,305 |
| Corporations or other businesses not listed above | Fewer than 5 | $1,628,704 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2019 (7 years)
- Employees: 5 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NE, TX, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Hayward, WI

### Websites listed on Form ADV (Item 1.I)
- tlw.money

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $157,206,995 | 6 | March 29, 2021 |
| October 2022 | $190,276,744 | 5 | September 7, 2022 |
| October 2023 | $127,067,504 | 4 | September 1, 2023 |
| October 2024 | $144,226,702 | 4 | February 13, 2024 |
| October 2025 | $174,882,565 | 5 | April 24, 2025 |
| October 2026 | $175,486,596 | 5 | July 21, 2026 |

Regulatory assets under management: $157,206,995 in the October 2021 data and $175,486,596 in the October 2026 data, up 12%.
Total employees: 6 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Employees performing advisory functions went from 3 to 4.

### January 2026
- No longer registered or notice-filed in KS.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. TLW Wealth Management, LLC (CRD 284598): Form ADV filing data as of October 2026.