# Tumwater Wealth Management, LLC

> Tumwater Wealth Management, LLC is an SEC-registered investment advisory firm in Boise, ID, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 11, 2026.

- CRD: 300443
- Filed as: TUMWATER WEALTH MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boise, ID
- Filing period: October 2026
- Form ADV filing dated: August 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/300443
- AdvisorCensus page: https://advisorcensus.com/firm/tumwater-wealth-management-llc-boise-id-300443

## Quick answers

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

**How much does Tumwater Wealth Management, LLC charge?**
Its Form ADV Part 2A brochure dated March 6, 2026 states: Asset-based fee: up to 1.2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Tumwater Wealth Management, LLC located?**
Tumwater Wealth Management, LLC's principal office is in Boise, ID, according to its Form ADV.

**Is Tumwater Wealth Management, LLC registered with the SEC or a state?**
Tumwater Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 300443.

**How much does Tumwater Wealth Management, LLC manage?**
Tumwater Wealth Management, LLC reports $406,568,048 in regulatory assets under management in its Form ADV filing dated August 11, 2026 (86% discretionary).

**How have Tumwater Wealth Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Tumwater Wealth Management, LLC: Regulatory assets under management: $240,028,947 in the October 2021 data and $406,568,048 in the October 2026 data, up 69%. Total employees: 4 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 Tumwater Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (171); high net worth individuals (113); pension and profit sharing plans (but not the plan participants or government pension plans) (21).

**Which custodians does Tumwater Wealth Management, LLC use?**
Tumwater 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 Tumwater 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/300443

**Does Tumwater Wealth Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 6, 2026 says: "The account minimum for TWM’s services is a household minimum of $5,000."

**What changed in Tumwater Wealth Management, LLC's recent Form ADV filings?**
In the September 2026 filing data: Employees performing advisory functions went from 2 to 3.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 6, 2026)

- Asset-based fee: up to 1.2% of assets a year (the maximum the brochure states)

> The annual investment advisory fee charged ranges up to a maximum of 1.20% of the assets held in the account.

> TWM may also offer comprehensive Financial Planning fee of no more than $299 per month and investment management only fee of no more than 0.60% annually, for clients whose Household account values are under $500,000.

- Account minimum: $5,000

> The account minimum for TWM’s services is a household minimum of $5,000.

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: $406,568,048
- Discretionary: $349,206,105
- Non-discretionary: $57,361,943

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 171 | $47,958,115 |
| High net worth individuals | 113 | $271,849,598 |
| 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) | 21 | $80,908,716 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 1 | $578 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 4 | $5,851,041 |
| 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

### Firm details
- Registered since: 2020 (6 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, ID, OR, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- tumwaterwealth.com
- Facebook @TumwaterWealth
- LinkedIn @tumwater-wealth-management
- YouTube @UCSKQDtH6kXK7FN0aRUWEWLw

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $240,028,947 | 4 | August 12, 2021 |
| October 2022 | $291,233,749 | 4 | March 21, 2022 |
| October 2023 | $278,787,864 | 4 | April 24, 2023 |
| October 2024 | $305,308,483 | 4 | March 20, 2024 |
| October 2025 | $349,507,379 | 4 | July 11, 2025 |
| October 2026 | $406,568,048 | 5 | August 11, 2026 |

Regulatory assets under management: $240,028,947 in the October 2021 data and $406,568,048 in the October 2026 data, up 69%.
Total employees: 4 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Employees performing advisory functions went from 2 to 3.

### April 2026
- Regulatory assets under management went from $349,507,379 to $406,568,048 (+16%).

### March 2026
- Employees performing advisory functions went from 1 to 2.

### December 2025
- Employees performing advisory functions went from 2 to 1.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Tumwater Wealth Management, LLC (CRD 300443): Form ADV filing data as of October 2026.