{"url":"https://nivawealth.com/firms/blue-star-wealth-management-337253","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/337253","regulatoryAum":139798843,"crd":"337253","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"3179578","suffix":null,"lastName":"HUMPHREYS","firstName":"RICHARD","middleName":"ALLEN"},{"crd":"2670354","suffix":null,"lastName":"RIGGS","firstName":"JOHN","middleName":"DUSTIN"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2025-06-24","regulatoryAum":0,"clients":0,"employees":2,"offices":1},{"filedOn":"2026-09-30","regulatoryAum":139798843,"clients":74,"employees":2,"offices":1}],"secFileNumber":"801-133780","legalName":"Blue Star Wealth Management LLC","displayName":"Blue Star Wealth Management","slug":"blue-star-wealth-management-337253","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"255 Primera BLVD, Suite 160","city":"Lake Mary","state":"FL","stateName":"Florida","country":"United States","postalCode":"32746"},"tradeNames":[],"registration":{"secApproved":"30 June 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1938022.861111111,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":139798843,"discretionary":132476516,"discretionaryAccounts":228,"nonDiscretionary":7322327,"nonDiscretionaryAccounts":7,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":36,"regulatoryAum":13960169},{"label":"High-net-worth individuals","clients":36,"regulatoryAum":125577477},{"label":"Charitable organizations","clients":1,"fewerThan5":true,"regulatoryAum":100594},{"label":"Corporations and other businesses","clients":1,"fewerThan5":true,"regulatoryAum":160603}],"feePrograms":[{"role":"main","program":"Asset-based advisory fee","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1059489","versionId":1059489,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-09-29","documentName":"FORM ADV PART 2A - BLUESTAR WEALTH MANAGEMENT","fee_rate_low":null,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T18:06:01.124692+00:00","documents":[{"name":"FORM ADV PART 2A - BLUESTAR WEALTH MANAGEMENT","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1059489","versionId":1059489,"submittedOn":"2026-09-29"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":139798843}],"custodyNote":"Blue Star Wealth Management has custody of $140M in client assets for 73 clients.","otherCustodians":[],"leadership":[{"name":"Richard Humphreys","title":"Managing Partner and Co President","crd":"3179578"},{"name":"John Riggs","title":"Managing Partner, Co President, and Chief Compliance Officer","crd":"2670354"}],"ownership":[{"label":"John Riggs","detail":"Managing partner, co president, and chief compliance officer in the 50% to 75% ownership band and a control person, since March 2021."},{"label":"Richard Humphreys","detail":"Managing partner and co president in the 50% to 75% ownership band and a control person, since March 2021."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"255 Primera BLVD, Suite 160","city":"Lake Mary","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"888-788-6478","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":75},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":9},{"label":"Cash and cash equivalents","percent":10}],"privateFunds":0},"sources":{"adv1FilingDate":"30 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/337253/PDF/337253.pdf","brochureDate":"29 September 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1059489","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Blue Star Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Blue Star Wealth Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Blue Star Wealth Management charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Blue Star Wealth Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Blue Star Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Blue Star Wealth Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Blue Star Wealth Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Blue Star Wealth Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Blue Star Wealth Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 30 September 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}