AdvisorCensus / Financial advisors / Missouri / Kansas City / UMB Private Wealth Management, LLC
UMB Private Wealth Management, LLC is an SEC-registered investment advisory firm in Overland Park, KS, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 18, 2026.
Quick answers
From the filingHow is UMB Private Wealth Management, LLC compensated?
On its Form ADV (Item 5.E, October 2026), UMB Private Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.
Where is UMB Private Wealth Management, LLC located?
UMB Private Wealth Management, LLC's principal office is in Overland Park, KS, according to its Form ADV; the October 2026 filing also lists 14 other offices (Schedule D, Section 1.F).
Is UMB Private Wealth Management, LLC registered with the SEC or a state?
UMB Private Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 306374.
How much does UMB Private Wealth Management, LLC manage?
UMB Private Wealth Management, LLC reports $124,717,315 in regulatory assets under management in its Form ADV filing dated September 18, 2026 (44% discretionary).
How have UMB Private Wealth Management, LLC's assets and staff changed since 2021?
In the Form ADV data for UMB Private Wealth Management, LLC: Regulatory assets under management: $0 in the October 2021 data and $124,717,315 in the October 2026 data. Total employees: 2 in October 2021 and 94 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does UMB Private Wealth Management, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (25); individuals (other than high net worth individuals) (16); pooled investment vehicles (other than investment companies and business development companies) (4).
Does UMB Private 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/306374
Does UMB Private Wealth Management, LLC state an account minimum?
Its Form ADV Part 2A brochure dated July 1, 2026 says: "Retail clients are individuals, families, and businesses with a net worth of $1 million or more." "The fee schedule above applies to all household account balances managed by UMBPWM, including accounts below $1,000,000 where UMBPWM has exercised its discretion to waive or modify the account minimum"
What changed in UMB Private Wealth Management, LLC's recent Form ADV filings?
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
Retail clients are individuals, families, and businesses with a net worth of $1 million or more.
The fee schedule above applies to all household account balances managed by UMBPWM, including accounts below $1,000,000 where UMBPWM has exercised its discretion to waive or modify the account minimum
Minimum annual fee: $5,000
The brochure's wording
UMBPWM will apply the minimum household fee of $5,000 where the calculated advisory fee would otherwise fall below that amount.
As stated in the firm's Form ADV Part 2A brochure dated July 1, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$124,717,315 as of October 2026, filing dated September 18, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops
- Other
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2019 (6 years)
- Employees
- Total: 94. Performing investment advisory functions: 41.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
14 other offices, as of the October 2026 filing
- States registered or notice-filed
-
53 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $124,717,315 | 94 | September 18, 2026 |
| October 2025 | $47,495,486 | 7 | June 30, 2025 |
| October 2024 | $56,315,223 | 1 | July 22, 2024 |
| October 2023 | $54,653,979 | 8 | September 18, 2023 |
| October 2022 | $20,041,254 | 9 | March 29, 2022 |
| October 2021 | $0 | 2 | April 13, 2021 |
Regulatory assets under management: $0 in the October 2021 data and $124,717,315 in the October 2026 data.
Total employees: 2 in October 2021 and 94 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- October 2026
- Updated its list of owners and control persons (Schedule A).
- August 2026
- Regulatory assets under management went from $68,362,469 to $124,717,315 (+82%).
- Added an office in Albuquerque, NM.
- June 2026
- Employees performing advisory functions went from 1 to 41.
- Added an office in Clayton, MO.
- Added an office in Dallas, TX.
- Added an office in Denver, CO.
- Added an office in Dubuque, IA.
- Added an office in Edina, MN.
- Added an office in Kansas City, MO.
- Added an office in Leawood, KS.
- Added an office in Madison, WI.
- Added an office in Milwaukee, WI.
- Added an office in Phoenix, AZ.
- Added an office in Rockford, IL.
- Added an office in Scottsdale, AZ.
- Added an office in St. Louis, MO.
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Regulatory assets under management went from $47,495,486 to $68,362,469 (+44%).
- Changed its legal name from UMB Asset Management, LLC to UMB Private Wealth Management, LLC.
- Registered or notice-filed in AK, AL, AR, CA, CT, DC, FL, GA, HI, IA, ID, IL, IN, KY, LA, MA, MD, ME, MI, MN, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. UMB Private Wealth Management, LLC (CRD 306374): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/umb-private-wealth-management-llc-overland-park-ks-306374