{
  "crd_number": 332096,
  "slug": "wavvest-wealth-chicago-il-332096",
  "primary_business_name": "WAVVEST WEALTH",
  "legal_name": "WAVVEST WEALTH LLC",
  "dbas": [],
  "city": "Chicago",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-07-19",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-10-01",
  "carried_forward": false,
  "raum_total": 339850200.0,
  "raum_discretionary": 339850200.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 1333013.0,
      "count": 1
    },
    "individuals": {
      "raum": 3691324.0,
      "count": 33
    },
    "high_net_worth_individuals": {
      "raum": 334825863.0,
      "count": 110
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "IL",
    "IN",
    "OH",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/company/wavvest",
    "https://wavvest.com",
    "https://x.com/WavvestWealth"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/332096",
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/wavvest-wealth-chicago-il-332096",
  "display_name": "Wavvest Wealth",
  "summary": "Wavvest Wealth is an SEC-registered investment advisory firm in Chicago, IL, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated October 1, 2026.",
  "citation": "AdvisorCensus. Wavvest Wealth (CRD 332096): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Wavvest Wealth compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Wavvest Wealth reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Wavvest Wealth charge?",
      "a": "Its Form ADV Part 2A brochure dated May 6, 2026 states: Flat fee: up to $2,500 (optional self-preparation will or trust…). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Wavvest Wealth located?",
      "a": "Wavvest Wealth's principal office is in Chicago, IL, according to its Form ADV."
    },
    {
      "q": "Is Wavvest Wealth registered with the SEC or a state?",
      "a": "Wavvest Wealth is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 332096."
    },
    {
      "q": "How much does Wavvest Wealth manage?",
      "a": "Wavvest Wealth reports $339,850,200 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (100% discretionary)."
    },
    {
      "q": "How have Wavvest Wealth's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Wavvest Wealth: Regulatory assets under management: $745,303 in the October 2025 data and $339,850,200 in the October 2026 data, up 45499%. Total employees: 2 in October 2024 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Wavvest Wealth serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (110); individuals (other than high net worth individuals) (33); charitable organizations (1)."
    },
    {
      "q": "Which custodians does Wavvest Wealth use?",
      "a": "Wavvest Wealth'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."
    },
    {
      "q": "Does Wavvest Wealth report any disciplinary disclosures?",
      "a": "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/332096"
    },
    {
      "q": "What changed in Wavvest Wealth's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Employees performing advisory functions went from 3 to 5. Regulatory assets under management went from $268,451,319 to $339,850,200 (+27%). Registered or notice-filed in FL, IN, TX."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": 2,
      "filing_date": "2024-07-16"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 745303.0,
      "total_employees": 2,
      "filing_date": "2025-02-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 339850200.0,
      "total_employees": 6,
      "filing_date": "2026-10-01"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 5.",
        "Regulatory assets under management went from $268,451,319 to $339,850,200 (+27%).",
        "Registered or notice-filed in FL, IN, TX."
      ]
    },
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Employees performing advisory functions went from 2 to 3.",
        "Regulatory assets under management went from $3,242,488 to $268,451,319 (+8179%).",
        "Registered or notice-filed in CA, OH."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $745,303 to $3,242,488 (+335%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated May 6, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: up to $2,500 (optional self-preparation will or trust…)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: up to $2,500 (optional self-preparation will or trust…)"
        ],
        "quotes": [
          "This service is available at an additional flat fee of up to $2,500, which is paid directly by the client."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": null,
          "max": 2500.0,
          "period": "one_time",
          "service": "optional self-preparation will or trust software-as-a-service (SaaS) platform"
        }
      ]
    },
    "quotes": [
      "This service is available at an additional flat fee of up to $2,500, which is paid directly by the client."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/wavvest-wealth-chicago-il-332096.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 33,
      "fewer_than_5": false,
      "raum": 3691324.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 110,
      "fewer_than_5": false,
      "raum": 334825863.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": false,
      "raum": 1333013.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/332096",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}