# 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.

- CRD: 306374
- Filed as: UMB PRIVATE WEALTH MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Overland Park, KS
- Filing period: October 2026
- Form ADV filing dated: September 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/306374
- AdvisorCensus page: https://advisorcensus.com/firm/umb-private-wealth-management-llc-overland-park-ks-306374

## Quick answers

**How 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

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

### Fees and minimums (Form ADV Part 2A brochure dated July 1, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> 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

> 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 brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $124,717,315
- Discretionary: $54,543,298
- Non-discretionary: $70,174,017

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 16 | $8,513,013 |
| High net worth individuals | 25 | $44,760,018 |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $70,174,017 |
| Corporations or other businesses not listed above | 1 | $1,270,267 |

### 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

### Firm details
- Registered since: 2019 (6 years)
- Employees: 94 total, 41 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, 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
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Albuquerque, NM
- Clayton, MO
- Dallas, TX
- Denver, CO
- Dubuque, IA
- Edina, MN
- Kansas City, MO
- Leawood, KS
- Madison, WI
- Milwaukee, WI
- Phoenix, AZ
- Rockford, IL
- Scottsdale, AZ
- St. Louis, MO

### Websites listed on Form ADV (Item 1.I)
- umb.com/privatewealth
- umb.com/wealth-management.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $0 | 2 | April 13, 2021 |
| October 2022 | $20,041,254 | 9 | March 29, 2022 |
| October 2023 | $54,653,979 | 8 | September 18, 2023 |
| October 2024 | $56,315,223 | 1 | July 22, 2024 |
| October 2025 | $47,495,486 | 7 | June 30, 2025 |
| October 2026 | $124,717,315 | 94 | September 18, 2026 |

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.

## 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. UMB Private Wealth Management, LLC (CRD 306374): Form ADV filing data as of October 2026.