# Xcelsior Advisor Partners LLC

> Xcelsior Advisor Partners LLC is an SEC-registered investment advisory firm in Scottsdale, AZ, registered since 2025, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 27, 2026.

- CRD: 334779
- Filed as: XCELSIOR ADVISOR PARTNERS LLC
- Also doing business as: BV PRIVATE WEALTH, DUFFY MATHIAS PRIVATE WEALTH, EAGLE ROCK WEALTH MANAGEMENT, JOE HARDEE INVESTMENT MANAGEMENT LLC, REEG PRIVATE WEALTH LLC, VISTA WEALTH MANAGEMENT OF SCOTTSDALE, LLC, XCELSIOR PRIVATE WEALTH LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Scottsdale, AZ
- Filing period: October 2026
- Form ADV filing dated: September 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/334779
- AdvisorCensus page: https://advisorcensus.com/firm/xcelsior-advisor-partners-llc-scottsdale-az-334779

## Quick answers

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

**How much does Xcelsior Advisor Partners LLC charge?**
Its Form ADV Part 2A brochure dated June 15, 2026 states: Flat fee: up to $5,000 (financial plan); Hourly rate: $300 an hour. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Xcelsior Advisor Partners LLC located?**
Xcelsior Advisor Partners LLC's principal office is in Scottsdale, AZ, according to its Form ADV; the October 2026 filing also lists 5 other offices (Schedule D, Section 1.F).

**Is Xcelsior Advisor Partners LLC registered with the SEC or a state?**
Xcelsior Advisor Partners LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 334779.

**How much does Xcelsior Advisor Partners LLC manage?**
Xcelsior Advisor Partners LLC reports $2,510,504,102 in regulatory assets under management in its Form ADV filing dated September 27, 2026 (100% discretionary).

**How have Xcelsior Advisor Partners LLC's assets and staff changed since 2025?**
In the Form ADV data for Xcelsior Advisor Partners LLC: Regulatory assets under management: $150,007,226 in the October 2025 data and $2,510,504,102 in the October 2026 data, up 1574%. Total employees: 4 in October 2025 and 25 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Xcelsior Advisor Partners LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,319); high net worth individuals (131); corporations or other businesses not listed above (51).

**Which custodians does Xcelsior Advisor Partners LLC use?**
Xcelsior Advisor Partners LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Xcelsior Advisor Partners 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/334779

**Does Xcelsior Advisor Partners LLC state an account minimum?**
Its Form ADV Part 2A brochure dated June 15, 2026 says: "At the representatives discretion, an account minimum size of $500,000 may apply. Clients have the option to aggregate all household accounts to meet this minimum."

**What changed in Xcelsior Advisor Partners LLC's recent Form ADV filings?**
In the October 2026 filing data: Employees performing advisory functions went from 13 to 22. Regulatory assets under management went from $650,658,720 to $2,510,504,102 (+286%). Registered or notice-filed in AL, DE, KS, MD, NM, OR, SC.

## 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 June 15, 2026)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> At the representatives discretion, an account minimum size of $500,000 may apply. Clients have the option to aggregate all household accounts to meet this minimum.

- Flat fee: up to $5,000 (financial plan)

> Fixed fees vary and do not exceed $5,000, depending on the complexity of the financial plan.

- Hourly rate: $300 an hour

> Hourly rates also vary and are up to $300 per hour, depending on the complexity of the plan.

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.
- 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: $2,510,504,102
- Discretionary: $2,510,504,102
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,319 | $1,665,096,429 |
| High net worth individuals | 131 | $562,505,199 |
| 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 | 51 | $282,902,474 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2025 (1 year)
- Employees: 25 total, 22 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, AZ, CA, CO, DE, FL, IA, IL, IN, KS, LA, MD, MI, MN, MO, NC, NM, NY, OH, OR, PA, SC, TN, TX, UT, VA, WA, WI, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Denver, CO
- Fort Worth, TX
- Miami Beach, FL
- Minnetonka, MN
- Scottsdale, AZ

### Websites listed on Form ADV (Item 1.I)
- [bvprivatewealth.com](https://bvprivatewealth.com)
- [jhardeeim.com](https://jhardeeim.com)
- [reegpw.com](https://reegpw.com)
- [vistawealthmanagmentofscottsdale.com](https://vistawealthmanagmentofscottsdale.com)
- [vistawms.com](https://vistawms.com)
- [xcelsiorpartners.com](https://xcelsiorpartners.com)
- LinkedIn @xcelsior-advisor-partners
- LinkedIn @matt-curley-19491042

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $150,007,226 | 4 | May 8, 2025 |
| October 2026 | $2,510,504,102 | 25 | September 27, 2026 |

Regulatory assets under management: $150,007,226 in the October 2025 data and $2,510,504,102 in the October 2026 data, up 1574%.
Total employees: 4 in October 2025 and 25 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Employees performing advisory functions went from 13 to 22.
- Regulatory assets under management went from $650,658,720 to $2,510,504,102 (+286%).
- Registered or notice-filed in AL, DE, KS, MD, NM, OR, SC.

### August 2026
- Added the business name Reeg Private Wealth LLC.
- Registered or notice-filed in IA.

### July 2026
- Registered or notice-filed in IN, MO, NC, TN, UT, VA, WA, WY.

### May 2026
- Added the business name Duffy Mathias Private Wealth.
- Changed its legal name from Excelsior Advisor Network LLC to Xcelsior Advisor Partners LLC.
- Added an office in Minnetonka, MN.
- Registered or notice-filed in MN.

### April 2026
- Regulatory assets under management went from $150,007,226 to $650,658,720 (+334%).
- Employees performing advisory functions went from 4 to 13.
- Added the business name Xcelsior Private Wealth LLC.
- No longer lists the business name Excelsior Wealth Management LLC.
- Changed its office addresses in Denver, CO.
- Changed its office addresses in Scottsdale, AZ.
- Updated its list of owners and control persons (Schedule A).

### February 2026
- Added the business name Excelsior Wealth Management LLC.
- Added the business name Vista Wealth Management of Scottsdale, LLC.
- Added an office in Denver, CO.
- Added an office in Miami Beach, FL.
- No longer lists an office in New York, NY.
- Updated its list of owners and control persons (Schedule A).

### January 2026
- No longer lists the business name Excelsior Wealth Management LLC.
- Registered or notice-filed in FL, MI, PA, WI.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Registered or notice-filed in AZ.

### November 2025
- Added the business name Eagle Rock Wealth Management.
- Added an office in Scottsdale, AZ.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Xcelsior Advisor Partners LLC (CRD 334779): Form ADV filing data as of October 2026.