Blue Star Wealth Management provides portfolio management for individuals and small businesses. Financial planning was provided to 11–25 clients last fiscal year.
Blue Star Wealth Management reports 74 clients. They include 36 individual clients, 36 high-net-worth individuals and 1 charitable organization. Of its assets, 94.8% ($132M across 228 accounts) are managed with discretion; $7.32M across 7 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 49% | 10% |
| High-net-worth individuals | 49% | 90% |
| Charitable organizations | 1% | <1% |
| Corporations and other businesses | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 36 | $14M | 10.0% | $388K |
| High-net-worth individuals | 36 | $126M | 89.8% | $3.49M |
| Charitable organizations | Fewer than 5 | $101K | 0.1% | $101K |
| Corporations and other businesses | Fewer than 5 | $161K | 0.1% | $161K |
| Total | 74 | $140M | 100% | — |
- Clients
- 36
- Regulatory AUM
- $14M
- AUM share
- 10.0%
- Avg. per client
- $388K
- Clients
- 36
- Regulatory AUM
- $126M
- AUM share
- 89.8%
- Avg. per client
- $3.49M
- Clients
- Fewer than 5
- Regulatory AUM
- $101K
- AUM share
- 0.1%
- Avg. per client
- $101K
- Clients
- Fewer than 5
- Regulatory AUM
- $161K
- AUM share
- 0.1%
- Avg. per client
- $161K
Total
- Clients
- 74
- Regulatory AUM
- $140M
- 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
- 0
- Financial planning clients last fiscal year
- 11–25
Blue Star Wealth Management charges up to 1.50% a year for its Asset-based advisory fee. The fee is billed in advance and is negotiable.
Fee details and sources
John Riggs owns 50% to 75% of Blue Star Wealth Management. The leadership team of Blue Star Wealth Management includes President Richard Humphreys and Chief Compliance Officer John Riggs. It has 2 employees.
Leadership
- Richard HumphreysManaging Partner and Co President
- John RiggsManaging Partner, Co President, and Chief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 50% to 75% of Blue Star Wealth Management LLC
John Riggs
Control person · since March 2021
- Owns 50% to 75% of Blue Star Wealth Management LLC
Richard Humphreys
Control person · since March 2021
Blue Star Wealth Management’s regulatory assets grew Infinity× from $0 (June 2025) to $140M (September 2026); employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $140M | 74 | 2 | 1 |
| June 2025 | $0 | 0 | 2 | 1 |
Besides its headquarters, Blue Star Wealth Management has 0 offices, with 1 listed address in Florida.
Florida · 1 listed address
- 255 Primera BLVD, Suite 160, Lake MaryHQ
Contact and registration details
- Legal name
- Blue Star Wealth Management LLC
- Headquarters
- 255 Primera BLVD, Suite 160, Lake Mary, FL 32746
- Website
- Not reported
- Phone
- 888-788-6478
- SEC file
- 801-133780
- Structure
- Florida LLC
- Fiscal year end
- December
Blue Star Wealth Management uses Charles Schwab ($140M) as custodian for its separately managed accounts. Blue Star Wealth Management has custody of $140M in client assets for 73 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $140M100%
At year end, Blue Star Wealth Management’s separately managed accounts were mostly in stocks (75%) and cash (10%).
What the accounts hold
- Stocks75%
- Funds9%
- Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash10%
Filed values cover 97%. The neutral 3% gap has no reported category.
How many clients does Blue Star Wealth Management have?
Blue Star Wealth Management has 74 clients and manages $140 million for them, as of September 2026. They include 36 individual clients, 36 high-net-worth individuals and 1 charitable organization.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 September 2026
What services does Blue Star Wealth Management offer?
Blue Star Wealth Management provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Blue Star Wealth Management charge?
Blue Star Wealth Management charges up to 1.50% a year for its Asset-based advisory fee. The fee is billed in advance and is negotiable.
Source: FORM ADV PART 2A - BLUESTAR WEALTH MANAGEMENT, filed 29 September 2026
Which custodians does Blue Star Wealth Management use?
Blue Star Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $140M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 September 2026
How many financial advisors does Blue Star Wealth Management have?
Blue Star Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Blue Star Wealth Management invest in?
At the end of its last fiscal year, Blue Star Wealth Management’s separately managed accounts held 75% exchange-traded equities, 10% cash and equivalents, 9% registered funds (mutual funds, ETFs, BDCs), 1% U.S. government and agency bonds, 1% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Blue Star Wealth Management?
Blue Star Wealth Management’s direct owners are John Riggs (50% to 75%) and Richard Humphreys (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 September 2026
How does Blue Star Wealth Management get paid?
Blue Star Wealth Management 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 Blue Star Wealth Management?
Blue Star Wealth Management’s main office is at 255 Primera BLVD, Suite 160, Lake Mary, FL 32746. Its phone number is 888-788-6478.