# Wells Financial Management, LLC

> Wells Financial Management, LLC is an SEC-registered investment advisory firm in Asheville, NC, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 9, 2026.

- CRD: 158030
- Filed as: WELLS FINANCIAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Asheville, NC
- Filing period: October 2026
- Form ADV filing dated: March 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/158030
- AdvisorCensus page: https://advisorcensus.com/firm/wells-financial-management-llc-asheville-nc-158030

## Quick answers

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

**Where is Wells Financial Management, LLC located?**
Wells Financial Management, LLC's principal office is in Asheville, NC, according to its Form ADV.

**Is Wells Financial Management, LLC registered with the SEC or a state?**
Wells Financial Management, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 158030.

**How much does Wells Financial Management, LLC manage?**
Wells Financial Management, LLC reports $132,662,488 in regulatory assets under management in its Form ADV filing dated March 9, 2026 (100% discretionary).

**How have Wells Financial Management, LLC's assets and staff changed since 2022?**
In the Form ADV data for Wells Financial Management, LLC: Regulatory assets under management: $117,331,986 in the October 2022 data and $132,662,488 in the October 2026 data, up 13%. Total employees: 2 in October 2022 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Wells Financial Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (55); high net worth individuals (41); charitable organizations (1).

**Which custodians does Wells Financial Management, LLC use?**
Wells Financial Management, LLC'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.

**Does Wells Financial 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/158030

**Does Wells Financial Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 9, 2026 says: "The minimum portfolio value is generally set at $500,000. We may, at our discretion, make exceptions to the foregoing or negotiate special fee arrangements where we deem it appropriate under the circumstances."

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 9, 2026)

- Account minimum: $500,000

> The minimum portfolio value is generally set at $500,000. We may, at our discretion, make exceptions to the foregoing or negotiate special fee arrangements where we deem it appropriate under the circumstances.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $132,662,488
- Discretionary: $132,662,488
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 55 | $23,202,025 |
| High net worth individuals | 41 | $108,052,882 |
| Charitable organizations | 1 | $278,078 |
| Corporations or other businesses not listed above | 1 | $1,129,503 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2022 (4 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: LA, NC, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- wellsfm.com
- LinkedIn @Wells-Financial-Management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $117,331,986 | 2 | May 4, 2022 |
| October 2023 | $101,186,085 | 2 | March 1, 2023 |
| October 2024 | $115,595,480 | 2 | February 27, 2024 |
| October 2025 | $126,275,068 | 2 | February 21, 2025 |
| October 2026 | $132,662,488 | 2 | March 9, 2026 |

Regulatory assets under management: $117,331,986 in the October 2022 data and $132,662,488 in the October 2026 data, up 13%.
Total employees: 2 in October 2022 and 2 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Wells Financial Management, LLC (CRD 158030): Form ADV filing data as of October 2026.