# Wellment Financial

> Wellment Financial is an SEC-registered investment advisory firm in Elmhurst, IL, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 16, 2026.

- CRD: 166746
- Filed as: WELLMENT FINANCIAL
- Legal name: FSR Wealth Management, Ltd.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Elmhurst, IL
- Filing period: October 2026
- Form ADV filing dated: May 16, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/166746
- AdvisorCensus page: https://advisorcensus.com/firm/wellment-financial-elmhurst-il-166746

## Quick answers

**How is Wellment Financial compensated?**
On its Form ADV (Item 5.E, October 2026), Wellment Financial reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Wellment Financial charge?**
Its Form ADV Part 2A brochure dated February 5, 2026 states: Asset-based fee: 0.3% to 1% a year (a range, as the brochure states it); Subscription: $300 to $1,500 a month (on-going financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Wellment Financial located?**
Wellment Financial's principal office is in Elmhurst, IL, according to its Form ADV; the June 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Wellment Financial registered with the SEC or a state?**
Wellment Financial is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 166746.

**How much does Wellment Financial manage?**
Wellment Financial reports $312,671,001 in regulatory assets under management in its Form ADV filing dated May 16, 2026 (100% discretionary).

**How have Wellment Financial's assets and staff changed since 2021?**
In the Form ADV data for Wellment Financial: Regulatory assets under management: $116,082,219 in the October 2021 data and $312,671,001 in the October 2026 data, up 169%. Total employees: 13 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Wellment Financial serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (329); high net worth individuals (76).

**Which custodians does Wellment Financial use?**
Wellment Financial's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Wellment Financial 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/166746

**Does Wellment Financial state an account minimum?**
Its Form ADV Part 2A brochure dated February 5, 2026 says: "The account minimum is currently set at $250,000 in investable assets for Investment Management Services. This minimum can be waived at the discretion of management."

**What changed in Wellment Financial's recent Form ADV filings?**
In the June 2026 filing data: Added an office in Elmhurst, IL. Added an office in Orland Park, IL.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated February 5, 2026)

- Asset-based fee: 0.3% to 1% a year (a range, as the brochure states it)

> Currently, the range of the fee rates is between 0.30% and 1.0%, which is based upon the above negotiability factors and is negotiated and agreed upon between Wellment and the Plan Sponsor prior to the implementation of the services.

- Account minimum: $250,000 (the brochure says it may be waived or negotiated)

> The account minimum is currently set at $250,000 in investable assets for Investment Management Services. This minimum can be waived at the discretion of management.

- Subscription: $300 to $1,500 a month (on-going financial planning services)

> Generally, the fees charged will be a flat fee, collected on a monthly basis. ... the fee for financial planning services will range from $300 - $1500 per month

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $312,671,001
- Discretionary: $312,671,001
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 329 | $136,321,414 |
| High net worth individuals | 76 | $176,349,587 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2021 (5 years)
- Employees: 21 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IL, IN, NE, NH, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Elmhurst, IL
- Orland Park, IL

### Websites listed on Form ADV (Item 1.I)
- academy.wellment.com
- yourwellment.com
- Facebook @wellmentfinancial
- Instagram @wellmentfinancial
- LinkedIn @wellment-financial
- YouTube @wellmentfinancial

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $116,082,219 | 13 | August 4, 2021 |
| October 2022 | $133,307,045 | 14 | March 31, 2022 |
| October 2023 | $125,408,022 | 13 | July 19, 2023 |
| October 2024 | $154,344,009 | 14 | February 29, 2024 |
| October 2025 | $237,119,309 | 16 | May 1, 2025 |
| October 2026 | $312,671,001 | 21 | May 16, 2026 |

Regulatory assets under management: $116,082,219 in the October 2021 data and $312,671,001 in the October 2026 data, up 169%.
Total employees: 13 in October 2021 and 21 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Added an office in Elmhurst, IL.
- Added an office in Orland Park, IL.

### March 2026
- Employees performing advisory functions went from 9 to 11.
- Regulatory assets under management went from $237,119,309 to $312,671,001 (+32%).

### February 2026
- Registered or notice-filed in NH.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Wellment Financial (CRD 166746): Form ADV filing data as of October 2026.