{
  "crd_number": 14377,
  "slug": "wealth-asset-managers-spokane-wa-14377",
  "primary_business_name": "WEALTH ASSET MANAGERS",
  "legal_name": "NELSON SECURITIES,INC.",
  "dbas": [],
  "city": "Spokane",
  "state": "WA",
  "country": "United States",
  "cbsa_code": "44060",
  "metro": {
    "cbsa_code": "44060",
    "common_name": "Spokane",
    "msa_name": "Spokane-Spokane Valley, WA",
    "path": "/advisors/wa/spokane"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1992-05-07",
  "years_registered": 34,
  "period": "2026-10-01",
  "filing_date": "2026-09-05",
  "carried_forward": false,
  "raum_total": 321863711.0,
  "raum_discretionary": 294890524.0,
  "raum_non_discretionary": 26973187.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 15,
  "advisory_employees": 9,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 358037.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 318944076.0,
      "count": 1996
    },
    "pension_profit_sharing": {
      "raum": 829221.0,
      "count": null,
      "fewer_than_5": true
    },
    "corporations_other_businesses": {
      "raum": 1732377.0,
      "count": 7
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "periodicals_newsletters",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "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",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://nelson-securities.com",
    "https://nelsonsecurities.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/14377",
  "city_as_filed": "SPOKANE",
  "url": "https://advisorcensus.com/firm/wealth-asset-managers-spokane-wa-14377",
  "display_name": "Wealth Asset Managers",
  "summary": "Wealth Asset Managers is an SEC-registered investment advisory firm in Spokane, WA, registered since 1992, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 5, 2026.",
  "citation": "AdvisorCensus. Wealth Asset Managers (CRD 14377): 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": [
    "Portfolio management for individuals and/or small businesses",
    "Publication of periodicals or newsletters"
  ],
  "quick_answers": [
    {
      "q": "How is Wealth Asset Managers compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Wealth Asset Managers reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Wealth Asset Managers located?",
      "a": "Wealth Asset Managers' principal office is in Spokane, WA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Wealth Asset Managers registered with the SEC or a state?",
      "a": "Wealth Asset Managers is an SEC-registered investment advisory firm, registered since 1992. Status as filed: Approved. CRD 14377."
    },
    {
      "q": "How much does Wealth Asset Managers manage?",
      "a": "Wealth Asset Managers reports $321,863,711 in regulatory assets under management in its Form ADV filing dated September 5, 2026 (92% discretionary)."
    },
    {
      "q": "How have Wealth Asset Managers' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Wealth Asset Managers: Regulatory assets under management: $215,109,200 in the October 2021 data and $321,863,711 in the October 2026 data, up 50%. Total employees: 15 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Wealth Asset Managers serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,996); corporations or other businesses not listed above (7)."
    },
    {
      "q": "Which custodians does Wealth Asset Managers use?",
      "a": "Wealth Asset Managers' 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 Wealth Asset Managers 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/14377"
    },
    {
      "q": "What changed in Wealth Asset Managers' recent Form ADV filings?",
      "a": "In the September 2026 filing data: Regulatory assets under management went from $271,967,129 to $321,863,711 (+18%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 215109200.0,
      "total_employees": 15,
      "filing_date": "2021-08-10"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 185825249.0,
      "total_employees": 15,
      "filing_date": "2022-07-21"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 213135029.0,
      "total_employees": 15,
      "filing_date": "2023-09-02"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 242493984.0,
      "total_employees": 15,
      "filing_date": "2024-08-09"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 271967129.0,
      "total_employees": 15,
      "filing_date": "2025-07-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 321863711.0,
      "total_employees": 15,
      "filing_date": "2026-09-05"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Regulatory assets under management went from $271,967,129 to $321,863,711 (+18%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "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/wealth-asset-managers-spokane-wa-14377.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1996,
      "fewer_than_5": false,
      "raum": 318944076.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 829221.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 358037.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 7,
      "fewer_than_5": false,
      "raum": 1732377.0
    }
  ],
  "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/14377",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}