Bellwether Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 51–100 clients last fiscal year.
Bellwether Advisors reports 504 clients. They include 347 individual clients, 135 high-net-worth individuals, and 12 pension and profit-sharing plans. Of its assets, 99.8% ($783M across 1,428 accounts) are managed with discretion; $1.18M across 33 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 69% | 18% |
| High-net-worth individuals | 27% | 70% |
| Pension and profit-sharing plans | 2% | 2% |
| Charitable organizations | Fewer than 5 | 4% |
| Corporations and other businesses | 2% | 7% |
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) | 347 | $140M | 17.9% | $404K |
| High-net-worth individuals | 135 | $546M | 69.6% | $4.04M |
| Pension and profit-sharing plans | 12 | $18.6M | 2.4% | $1.55M |
| Charitable organizations | Fewer than 5 | $28.6M | 3.6% | — |
| Corporations and other businesses | 10 | $51.1M | 6.5% | $5.11M |
| Total | 504 | $784M | 100% | — |
- Clients
- 347
- Regulatory AUM
- $140M
- AUM share
- 17.9%
- Avg. per client
- $404K
- Clients
- 135
- Regulatory AUM
- $546M
- AUM share
- 69.6%
- Avg. per client
- $4.04M
- Clients
- 12
- Regulatory AUM
- $18.6M
- AUM share
- 2.4%
- Avg. per client
- $1.55M
- Clients
- Fewer than 5
- Regulatory AUM
- $28.6M
- AUM share
- 3.6%
- Avg. per client
- —
- Clients
- 10
- Regulatory AUM
- $51.1M
- AUM share
- 6.5%
- Avg. per client
- $5.11M
Total
- Clients
- 504
- Regulatory AUM
- $784M
- 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
- 51–100
Bellwether Advisors charges 0.375%–1.25% a year for its Asset management fee. The fee is billed in advance, is negotiable and has a $3,125 annual minimum. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial plan for non-investment clients
- A fee of $3,000 for a financial plan, billed at the completion of the plan.
- Project work
- An hourly rate of $300 for certain projects; the estimate is discussed with the client.
Clark Bellin Revocable Trust owns 75% or more of Bellwether Advisors and is in turn owned by Clark Bellin (75% or more). The leadership team of Bellwether Advisors includes Chief Compliance Officer Leila Shaver. It has 12 employees, 7 of them in advisory roles.
Leadership
- Leila ShaverChief Compliance Officer
Clark BellinPrincipal
Investment adviser representatives
8 representatives listed in the SEC register as of 9 October 2026.
Staff
- 12 employees
- 7 in advisory functions
- 6 state-registered reps
- 2 insurance agents
- 2 soliciting firms
- Owns 75% or more of Bellwether Advisors, LLC
Clark Bellin Revocable Trust
Control person · since January 2023
- Owns 75% or more of Clark Bellin Revocable Trust
Clark Bellin
Control person · since January 2023
Bellwether Advisors’ regulatory assets grew 2.4× from $328M (March 2021) to $784M (September 2026); clients rose from 230 to 504 and employees from 6 to 12.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $784M | 504 | 12 | 1 |
| May 2025 | $685M | 500 | 10 | 1 |
| June 2024 | $517M | 449 | 11 | 1 |
| March 2023 | $455M | 379 | 7 | 1 |
| May 2022 | $442M | 327 | 8 | 1 |
| March 2021 | $328M | 230 | 6 | 1 |
Besides its headquarters, Bellwether Advisors has 0 offices, with 1 listed address in Nebraska.
Nebraska · 1 listed address
- 140 North 8th Street, Suite 210, LincolnHQ
Contact and registration details
- Legal name
- Bellwether Advisors, LLC
- Headquarters
- 140 North 8th Street, Suite 210, Lincoln, NE 68058
- Website
- bellwetherwealth.com
- Phone
- 402-476-8844
- @bellwether-wealth
- SEC file
- 801-114600
- Founded
- 2019
- Structure
- Nebraska LLC
- Fiscal year end
- December
Bellwether Advisors uses Charles Schwab ($738M) as custodian for its separately managed accounts. Bellwether Advisors has custody of $220M in client assets for 140 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $738M100%
At year end, Bellwether Advisors’ separately managed accounts were mostly in funds (57%) and stocks (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $675M across 167 positions; the largest are Select Sector SPDR TR (10.6%), iShares TR (6.5%) and Vanguard Tax-managed Fds (4.9%).
What the accounts hold
- Stocks24%
- Exchange-traded equities23%
- Non-exchange-traded equities1%
- Funds57%
- Bonds9%
- Investment grade corporate bonds5%
- State and local bonds3%
- U.S. government and agency bonds1%
- Cash7%
- Other3%
- Variable annuities and non-traded reits3%
Reported 13F holdings
- $675M
- Reported 13F value
- 167
- Positions
- 42.6%
- In the 10 largest
- +14.4%
- Value vs. prior quarter
- Select Sector SPDR TR · ST Str Techn ETF10.6%
- iShares TR · Core S&P500 ETF6.5%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt4.9%
- Select Sector SPDR TR · ST Str Indl ETF4.2%
- Select Sector SPDR TR · ST Str Care ETF3.3%
- Select Sector SPDR TR · ST Str Discr ETF3.3%
- iShares Inc. · Core MSCI Emkt2.9%
- Select Sector SPDR TR · ST Str Svc ETF2.7%
- Berkshire Hathaway Inc. Del · CL B New2.1%
- Innovator ETFS Trust · US Eqty Pwr Buf2.1%
Together, the ten largest are 42.6% of reported value.
How many clients does Bellwether Advisors have?
Bellwether Advisors has 504 clients and manages $784 million for them, as of September 2026. They include 347 individual clients, 135 high-net-worth individuals, and 12 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 September 2026
What services does Bellwether Advisors offer?
Bellwether Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning.
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 Bellwether Advisors charge?
Bellwether Advisors charges 0.375%–1.25% a year for its Asset management fee. The fee is billed in advance, is negotiable and has a $3,125 annual minimum.
Which custodians does Bellwether Advisors use?
Bellwether Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $738M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 September 2026
How many financial advisors does Bellwether Advisors have?
Bellwether Advisors has 6 investment adviser representatives registered with state securities authorities, out of 12 employees, and 7 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 Bellwether Advisors invest in?
At the end of its last fiscal year, Bellwether Advisors’ separately managed accounts held 57% registered funds (mutual funds, ETFs, BDCs), 23% exchange-traded equities, 7% cash and equivalents, 5% investment grade corporate bonds, 3% state and local bonds, 3% other, 1% non-exchange-traded equities and 1% U.S. government and agency bonds. The 3% other category is described as: Variable Annuities and Non-Traded Reits.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Bellwether Advisors?
Bellwether Advisors is owned through a trust by Clark Bellin. Its direct owner is Clark Bellin Revocable Trust (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 4 September 2026
How does Bellwether Advisors get paid?
Bellwether Advisors is paid through a percentage of assets under management, hourly charges 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
Is Bellwether Advisors registered with the SEC?
Yes, Bellwether Advisors has been registered with the SEC as an investment adviser since 28 January 2019. Its CRD number is 300012 and its SEC file number is 801-114600.
Source: Form ADV Part 1A, Item 1, filed 4 September 2026; IAPD firm record
How do I contact Bellwether Advisors?
Bellwether Advisors’ main office is at 140 North 8th Street, Suite 210, Lincoln, NE 68058. Its phone number is 402-476-8844. Its website is bellwetherwealth.com.