{
  "crd_number": 338196,
  "slug": "williams-asset-management-columbia-md-338196",
  "primary_business_name": "WILLIAMS ASSET MANAGEMENT",
  "legal_name": "WILLIAMS & ASSOCIATES, INC.",
  "dbas": [],
  "city": "Columbia",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "12580",
  "metro": {
    "cbsa_code": "12580",
    "common_name": "Baltimore",
    "msa_name": "Baltimore-Columbia-Towson, MD",
    "path": "/advisors/md/baltimore"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2026-01-08",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-05-27",
  "carried_forward": false,
  "raum_total": 661067873.0,
  "raum_discretionary": 654348508.0,
  "raum_non_discretionary": 6719365.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 9,
  "advisory_employees": 6,
  "client_count_bucket": null,
  "clients_by_type": {
    "high_net_worth_individuals": {
      "raum": 661067873.0,
      "count": 433
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "DC",
    "DE",
    "FL",
    "IN",
    "MA",
    "MD",
    "NC",
    "OH",
    "PA",
    "SC",
    "TX",
    "VA"
  ],
  "websites": [
    "https://facebook.com/Williamsassetmanagement",
    "https://instagram.com/williamsasset",
    "https://linkedin.com/in/williamsassetmanagement",
    "https://williamsassetmanagement.com",
    "https://x.com/WilliamsAsset"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/338196",
  "city_as_filed": "COLUMBIA",
  "url": "https://advisorcensus.com/firm/williams-asset-management-columbia-md-338196",
  "display_name": "Williams Asset Management",
  "summary": "Williams Asset Management is an SEC-registered investment advisory firm in Columbia, MD, registered since 2026, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 27, 2026.",
  "citation": "AdvisorCensus. Williams Asset Management (CRD 338196): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Williams Asset Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Williams Asset Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Williams Asset Management charge?",
      "a": "Its Form ADV Part 2A brochure dated March 23, 2026 states: Flat fee: $5,000 to $50,000 (creating client financial plans). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Williams Asset Management located?",
      "a": "Williams Asset Management's principal office is in Columbia, MD, according to its Form ADV."
    },
    {
      "q": "Is Williams Asset Management registered with the SEC or a state?",
      "a": "Williams Asset Management is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 338196."
    },
    {
      "q": "How much does Williams Asset Management manage?",
      "a": "Williams Asset Management reports $661,067,873 in regulatory assets under management in its Form ADV filing dated May 27, 2026 (99% discretionary)."
    },
    {
      "q": "What types of clients does Williams Asset Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (433)."
    },
    {
      "q": "Which custodians does Williams Asset Management use?",
      "a": "Williams Asset Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Williams Asset Management 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/338196"
    },
    {
      "q": "Does Williams Asset Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 23, 2026 says: \"There is an Household minimum of $1,000,000, which may be waived by WAM in its discretion.\""
    },
    {
      "q": "What changed in Williams Asset Management's recent Form ADV filings?",
      "a": "In the June 2026 filing data: Regulatory assets under management went from $0 to $661,067,873."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Regulatory assets under management went from $0 to $661,067,873."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 23, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $5,000 to $50,000 (creating client financial plans)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "There is an Household minimum of $1,000,000, which may be waived by WAM in its discretion."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $5,000 to $50,000 (creating client financial plans)"
        ],
        "quotes": [
          "The fixed rate for creating client financial plans is between $5,000 and $50,000."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 1000000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 5000.0,
          "max": 50000.0,
          "period": "one_time",
          "service": "creating client financial plans"
        }
      ]
    },
    "quotes": [
      "There is an Household minimum of $1,000,000, which may be waived by WAM in its discretion.",
      "The fixed rate for creating client financial plans is between $5,000 and $50,000."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "LPL Financial LLC",
      "name_as_filed": "LPL FINANCIAL LLC",
      "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/williams-asset-management-columbia-md-338196.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 433,
      "fewer_than_5": false,
      "raum": 661067873.0
    }
  ],
  "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/338196",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}