Adams Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, educational seminars, business succession planning, estate planning, and retirement plan services. Financial planning was provided to 251–500 clients last fiscal year. The firm advises 12 private funds.
Adams Wealth Management reports 703 clients. They include 557 individual clients, 134 high-net-worth individuals and 6 pooled investment vehicles. Of its assets, 100.0% ($566M across 2,506 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 79% | 25% |
| High-net-worth individuals | 19% | 61% |
| Pooled investment vehicles | <1% | 13% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Other client typesCorporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 557 | $141M | 24.8% | $252K |
| High-net-worth individuals | 134 | $345M | 60.9% | $2.57M |
| Pooled investment vehicles | 6 | $74.1M | 13.1% | $12.3M |
| Pension and profit-sharing plans | Fewer than 5 | $172K | 0.0% | $172K |
| Charitable organizations | Fewer than 5 | $1.78M | 0.3% | $891K |
| Corporations and other businesses | Fewer than 5 | $4.65M | 0.8% | $1.55M |
| Total | 703 | $566M | 100% | — |
- Clients
- 557
- Regulatory AUM
- $141M
- AUM share
- 24.8%
- Avg. per client
- $252K
- Clients
- 134
- Regulatory AUM
- $345M
- AUM share
- 60.9%
- Avg. per client
- $2.57M
- Clients
- 6
- Regulatory AUM
- $74.1M
- AUM share
- 13.1%
- Avg. per client
- $12.3M
- Clients
- Fewer than 5
- Regulatory AUM
- $172K
- AUM share
- 0.0%
- Avg. per client
- $172K
- Clients
- Fewer than 5
- Regulatory AUM
- $1.78M
- AUM share
- 0.3%
- Avg. per client
- $891K
- Clients
- Fewer than 5
- Regulatory AUM
- $4.65M
- AUM share
- 0.8%
- Avg. per client
- $1.55M
Total
- Clients
- 703
- Regulatory AUM
- $566M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 12
- Financial planning clients last fiscal year
- 251–500
Adams Wealth Management charges up to 2.00% a year for its Wealth Management Services. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Employer Sponsored Retirement Plan Advisory
- Annual fee of up to 0.75% of plan assets, billed quarterly per the recordkeeper; negotiable.
Inspire Wealth Advisors, LLC owns 75% or more of Adams Wealth Management and is in turn owned by Steven Adams (75% or more). The leadership team of Adams Wealth Management includes President Patrick Murphy, Chief Operating Officer David Kastner and Chief Financial Officer Aimee Odd. It has 18 employees, 11 of them in advisory roles.
Leadership
Patrick MurphyPresident & Chief Investment Officer- Aimee OddChief Financial Officer
David KastnerChief Operating Officer- Scott EllingsonChief Compliance Officer, Secretary, & General Counsel
- Tong BaiMember
- Karly FortunadoChief Implementation Officer
- Connor MurphyMember
Investment adviser representatives
10 representatives listed in the SEC register as of 9 October 2026.
Staff
- 18 employees
- 11 in advisory functions
- 10 state-registered reps
- 1 insurance agent
- 1 soliciting firm
- Owns 75% or more of Adams Wealth Management LLC
Inspire Wealth Advisors, LLC
Control person · since March 2023
- Owns 75% or more of Inspire Wealth Advisors, LLC
Steven Adams
Control person · since March 2023
- Owns 5% to 10% of Adams Wealth Management LLC
PMLL, LLC
Control person · since March 2023
- Owns 75% or more of PMLL, LLC
Patrick Murphy
Control person · since March 2023
Greene Family Trust
Member llc of Greene Advisory Services LLC · since February 2026
Mitchell Greene
Trustee · since February 2026
Elizabeth Greene
Trustee · since February 2026
David Kastner
Member of Kastner Holdings LLC · since February 2026
Douglas Peterson
Member of Aro-D Holdings, LLC · since February 2026
Adams Wealth Management’s regulatory assets grew 1.8× from $322M (June 2021) to $566M (August 2026); clients rose from 502 to 703 and employees were 18 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $566M | 703 | 18 | 2 |
| June 2025 | $709M | 717 | 26 | 2 |
| June 2024 | $603M | 685 | 25 | 2 |
| June 2023 | $444M | 712 | 24 | 2 |
| July 2022 | $473M | 606 | 20 | 2 |
| June 2021 | $322M | 502 | 18 | 2 |
Besides its headquarters, Adams Wealth Management has 1 office, with 2 listed addresses in Utah.
Utah · 2 listed addresses
- 701 S Main, Suite #400, LoganHQ
- 491 N. Bluff St., St. George
Other business names
Adams Wealth Management has reported 1 other business name to the SEC.
- Adams Wealth Advisors
Contact and registration details
- Legal name
- Adams Wealth Management LLC
- Headquarters
- 701 S Main, Suite #400, Logan, UT 84321
- Website
- adamswealthadvisors.com
- Phone
- 435-752-1702
- @adams-wealth-advisors
- SEC file
- 801-110862
- Founded
- 2016
- Structure
- Delaware LLC
- Fiscal year end
- December
Adams Wealth Management uses Fidelity ($334M, 68%), Interactive Brokers ($79M, 16%) and Charles Schwab ($75.2M, 15%) as custodians for its separately managed accounts. Adams Wealth Management does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $334M68%
- Charles SchwabCharles Schwab & Co., Inc. · San Fransisco, CA · $75.2M15%
- Interactive BrokersInteractive Brokers LLC · Greenwhich, CT · $79M16%
At year end, Adams Wealth Management’s separately managed accounts were mostly in bonds (80%) and stocks (10%). Its reported 13F holdings for the quarter ended 30 June 2026 total $522M across 147 positions; the largest are Schwab Strategic TR (12.4%), iShares TR (5.9%) and iShares Inc. (4.2%).
What the accounts hold
- Stocks10%
- Bonds80%
- Cash9%
- Other1%
- Derivatives1%
Reported 13F holdings
- $522M
- Reported 13F value
- 147
- Positions
- 40.6%
- In the 10 largest
- +14.7%
- Value vs. prior quarter
- Schwab Strategic TR · US Lrg Cap ETF12.4%
- iShares TR · Core S&P500 ETF5.9%
- iShares Inc. · MSCI Sth Kor ETF4.2%
- First TR Exchange-traded FD · Nasdq Cln Edge3.2%
- Vaneck ETF Trust · Vaneck Vietnam2.9%
- Spinnaker ETF Series · Sele Sto Eur ETF2.9%
- iShares TR · Conv BD ETF2.8%
- Vanguard Index Fds · S&P 500 ETF Shs2.3%
- Blackrock ETF Trust II · iShares Aaa Clo2.1%
- SPDR Series Trust · ST Str SP Semi2.0%
Together, the ten largest are 40.6% of reported value.
How many clients does Adams Wealth Management have?
Adams Wealth Management has 703 clients and manages $566 million for them, as of August 2026. They include 557 individual clients, 134 high-net-worth individuals and 6 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 August 2026
What services does Adams Wealth Management offer?
Adams Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, educational seminars, business succession planning, estate planning, and retirement plan services.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Adams Wealth Management charge?
Adams Wealth Management charges up to 2.00% a year for its Wealth Management Services. The fee is billed in advance and is negotiable.
Source: ADAMS WEALTH MANAGEMENT, LLC ADV PART 2A BROCHURE, filed 12 October 2026
Which custodians does Adams Wealth Management use?
Adams Wealth Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $334M, Interactive Brokers LLC (Greenwhich, CT), with $79M and Charles Schwab & Co., Inc. (San Fransisco, CA), with $75.2M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 August 2026
How many financial advisors does Adams Wealth Management have?
Adams Wealth Management has 10 investment adviser representatives registered with state securities authorities, out of 18 employees, and 11 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Adams Wealth Management invest in?
At the end of its last fiscal year, Adams Wealth Management’s separately managed accounts held 80% U.S. government and agency bonds, 10% exchange-traded equities, 9% cash and equivalents and 1% derivatives. It advises 12 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Adams Wealth Management?
Adams Wealth Management is owned through a trust and holding companies by Patrick Murphy and Steven Adams. Its direct owners are PMLL, LLC (5% to 10%) and Inspire Wealth Advisors, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 13 August 2026
How does Adams Wealth Management get paid?
Adams Wealth Management is paid through a percentage of assets under management, fixed fees, commissions and performance-based fees.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Adams Wealth Management registered with the SEC?
Yes, Adams Wealth Management has been registered with the SEC as an investment adviser since 24 July 2017. Its CRD number is 286087 and its SEC file number is 801-110862.
Source: Form ADV Part 1A, Item 1, filed 13 August 2026; IAPD firm record
How do I contact Adams Wealth Management?
Adams Wealth Management’s main office is at 701 S Main, Suite #400, Logan, UT 84321. Its phone number is 435-752-1702. Its website is adamswealthadvisors.com.