# Ward & Associates

> Ward & Associates is an SEC-registered investment advisory firm in San Diego, CA, registered since 1998, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 23, 2026.

- CRD: 107878
- Filed as: WARD & ASSOCIATES
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Diego, CA
- Filing period: October 2026
- Form ADV filing dated: June 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107878
- AdvisorCensus page: https://advisorcensus.com/firm/ward-and-associates-san-diego-ca-107878

## Quick answers

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

**What does Ward & Associates' brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Up to $1,000,000: 1% a year; $1,000,000 to $4,000,000: 0.75% a year; $4,000,000 to $5,000,000: 0.5% a year; $5,000,000 to $10,000,000: 0.35% a year; Above $10,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Ward & Associates located?**
Ward & Associates' principal office is in San Diego, CA, according to its Form ADV.

**Is Ward & Associates registered with the SEC or a state?**
Ward & Associates is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 107878.

**How much does Ward & Associates manage?**
Ward & Associates reports $187,200,000 in regulatory assets under management in its Form ADV filing dated June 23, 2026 (94% discretionary).

**How have Ward & Associates' assets and staff changed since 2021?**
In the Form ADV data for Ward & Associates: Regulatory assets under management: $212,774,926 in the October 2021 data and $187,200,000 in the October 2026 data, down 12%. Total employees: 3 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ward & Associates serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (40); individuals (other than high net worth individuals) (9); charitable organizations (3).

**Does Ward & Associates 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/107878

**Does Ward & Associates state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "We require accounts to be opened with a minimum asset value of $1,000,000. We may waive the minimum, at our sole discretion."

**What changed in Ward & Associates' recent Form ADV filings?**
In the July 2026 filing data: Registered or notice-filed in TX.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Up to $1,000,000: 1% a year
- $1,000,000 to $4,000,000: 0.75% a year
- $4,000,000 to $5,000,000: 0.5% a year
- $5,000,000 to $10,000,000: 0.35% a year
- Above $10,000,000: see the brochure

> Our firm typically receives compensation for investment advisory services based on a percentage of account assets under management as outlined in the “Basic Fee Schedule” shown below. Basic Fee Schedule: Amount of Assets Annual Fee Percentage

> On the first $1,000,000 1.00% $1,000,000 - $$4,000,000 0.75% $4,000,000 - $5,000,000 0.50% $5,000,000 - $10,000,000 0.35%

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

> We require accounts to be opened with a minimum asset value of $1,000,000. We may waive the minimum, at our sole discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $187,200,000
- Discretionary: $175,800,000
- Non-discretionary: $11,400,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 9 | $1,800,000 |
| High net worth individuals | 40 | $178,900,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $1,500,000 |
| Charitable organizations | 3 | $3,300,000 |
| Corporations or other businesses not listed above | 2 | $1,700,000 |

### 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
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 1998 (27 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- wardinvest.com
- LinkedIn @9189949

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $212,774,926 | 3 | March 30, 2021 |
| October 2022 | $233,758,000 | 3 | March 31, 2022 |
| October 2023 | $170,818,987 | 3 | March 31, 2023 |
| October 2024 | $179,640,917 | 2 | March 29, 2024 |
| October 2025 | $191,335,879 | 2 | March 31, 2025 |
| October 2026 | $187,200,000 | 2 | June 23, 2026 |

Regulatory assets under management: $212,774,926 in the October 2021 data and $187,200,000 in the October 2026 data, down 12%.
Total employees: 3 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Registered or notice-filed in TX.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ward & Associates (CRD 107878): Form ADV filing data as of October 2026.