Bannerman Wealth Management Group provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 101–250 clients last fiscal year.
Bannerman Wealth Management Group reports 163 clients. They include 100 individual clients and 63 high-net-worth individuals. Of its assets, 100.0% ($177M across 636 accounts) are managed with discretion. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 61% | 23% |
| High-net-worth individuals | 39% | 76% |
| Corporations and other businesses | Fewer than 5 | 1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 100 | $41M | 23.2% | $410K |
| High-net-worth individuals | 63 | $134M | 75.6% | $2.12M |
| Corporations and other businesses | Fewer than 5 | $2.02M | 1.1% | — |
| Total | 163 | $177M | 100% | — |
- Clients
- 100
- Regulatory AUM
- $41M
- AUM share
- 23.2%
- Avg. per client
- $410K
- Clients
- 63
- Regulatory AUM
- $134M
- AUM share
- 75.6%
- Avg. per client
- $2.12M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.02M
- AUM share
- 1.1%
- Avg. per client
- —
Total
- Clients
- 163
- Regulatory AUM
- $177M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Bannerman Wealth Management Group charges 0.30%–1.00% a year for its Investment Management and Financial Planning. 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
- ERISA Retirement Plan Assets
- Assets held in retirement plans subject to ERISA are charged a negotiated asset-based fee of up to 0.50% annually.
Joshua K. Bannerman Revocable Trust owns 75% or more of Bannerman Wealth Management Group and is in turn owned by Joshua Bannerman (75% or more). The leadership team of Bannerman Wealth Management Group includes Chief Compliance Officer Joshua Bannerman. It has 6 employees, 4 of them in advisory roles.
Leadership
- Joshua BannermanChief Compliance Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 4 in advisory functions
- 4 state-registered reps
- 2 insurance agents
- Owns 75% or more of Bannerman Wealth Management Group, LLC
Joshua K. Bannerman Revocable Trust
Control person · since March 2018
- Owns 75% or more of Joshua K. Bannerman Revocable Trust
Joshua Bannerman
Control person · since March 2018
Bannerman Wealth Management Group’s regulatory assets grew 2.8× from $63.7M (March 2021) to $177M (June 2026); clients rose from 146 to 163 and employees from 5 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $177M | 163 | 6 | 5 |
| May 2025 | $152M | 161 | 5 | 4 |
| March 2024 | $111M | 154 | 4 | 5 |
| May 2023 | $100M | 432,668 | 5 | 7 |
| July 2022 | $90.9M | 162 | 6 | 6 |
| March 2021 | $63.7M | 146 | 5 | 4 |
Besides its headquarters, Bannerman Wealth Management Group has 4 offices (4 private residences, listed without an address), with 1 listed address in Texas.
Texas · 1 listed address
- 2560 King Arthur BLVD, Suite 124-46, LewisvilleHQ
Contact and registration details
- Legal name
- Bannerman Wealth Management Group, LLC
- Headquarters
- 2560 King Arthur BLVD, Suite 124-46, Lewisville, TX 75056
- Website
- bannermanwealth.com
- Phone
- 214-919-4448
- SEC file
- 801-117777
- Structure
- Michigan LLC
- Fiscal year end
- December
Bannerman Wealth Management Group uses Charles Schwab ($177M) as custodian for its separately managed accounts. Bannerman Wealth Management Group has custody of $177M in client assets for 165 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $177M100%
At year end, Bannerman Wealth Management Group’s separately managed accounts were mostly in funds (87%). Its reported 13F holdings for the quarter ended 30 June 2026 total $171M across 38 positions; the largest are Dimensional ETF Trust (32.2%), Dimensional ETF Trust (11.0%) and Dimensional ETF Trust (9.2%).
What the accounts hold
- Stocks9%
- Funds87%
- Registered funds86%
- Pooled vehicles1%
- Bonds1%
- Cash3%
Reported 13F holdings
- $171M
- Reported 13F value
- 38
- Positions
- 86.6%
- In the 10 largest
- +15.5%
- Value vs. prior quarter
- Dimensional ETF Trust · US Cor Equ 2 ETF32.2%
- Dimensional ETF Trust · Core Fixe IN ETF11.0%
- Dimensional ETF Trust · US Small Cap ETF9.2%
- Dimensional ETF Trust · Intl Core EQT MK8.9%
- American Centy ETF TR · US Large Cap Vlu8.7%
- Dimensional ETF Trust · Emgr Cre EQT Mng4.0%
- American Centy ETF TR · Emerging Mkt Val3.7%
- American Centy ETF TR · Intl Smcp Vlu3.3%
- American Centy ETF TR · US EQT ETF3.1%
- Dimensional ETF Trust · US Real Esta ETF2.5%
Together, the ten largest are 86.6% of reported value.
How many clients does Bannerman Wealth Management Group have?
Bannerman Wealth Management Group has 163 clients and manages $177 million for them, as of June 2026. They include 100 individual clients and 63 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 June 2026
What services does Bannerman Wealth Management Group offer?
Bannerman Wealth Management Group provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Bannerman Wealth Management Group charge?
Bannerman Wealth Management Group charges 0.30%–1.00% a year for its Investment Management and Financial Planning. The fee is billed in advance and is negotiable.
Source: 2026-06-03 BANNERMAN WEALTH FORM ADV PART 2A, filed 3 June 2026
Which custodians does Bannerman Wealth Management Group use?
Bannerman Wealth Management Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $177M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 June 2026
How many financial advisors does Bannerman Wealth Management Group have?
Bannerman Wealth Management Group has 4 investment adviser representatives registered with state securities authorities, out of 6 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Bannerman Wealth Management Group invest in?
At the end of its last fiscal year, Bannerman Wealth Management Group’s separately managed accounts held 86% registered funds (mutual funds, ETFs, BDCs), 9% exchange-traded equities, 3% cash and equivalents, 1% U.S. government and agency bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Bannerman Wealth Management Group?
Bannerman Wealth Management Group is owned through a trust by Joshua Bannerman. Its direct owner is Joshua K. Bannerman Revocable Trust (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 3 June 2026
How does Bannerman Wealth Management Group get paid?
Bannerman Wealth Management Group is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Bannerman Wealth Management Group?
Bannerman Wealth Management Group’s main office is at 2560 King Arthur BLVD, Suite 124-46, Lewisville, TX 75056. Its phone number is 214-919-4448. Its website is bannermanwealth.com.