Boulder Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, publishing newsletters, business succession planning, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Boulder Wealth Advisors reports 183 clients. They include 99 high-net-worth individuals, 75 individual clients, and 9 pension and profit-sharing plans. Of its assets, 100.0% ($338M across 528 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 41% | 12% |
| High-net-worth individuals | 54% | 87% |
| Pension and profit-sharing plans | 5% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 75 | $40.5M | 12.0% | $540K |
| High-net-worth individuals | 99 | $294M | 86.9% | $2.97M |
| Pension and profit-sharing plans | 9 | $3.69M | 1.1% | $410K |
| Total | 183 | $338M | 100% | $1.85M |
- Clients
- 75
- Regulatory AUM
- $40.5M
- AUM share
- 12.0%
- Avg. per client
- $540K
- Clients
- 99
- Regulatory AUM
- $294M
- AUM share
- 86.9%
- Avg. per client
- $2.97M
- Clients
- 9
- Regulatory AUM
- $3.69M
- AUM share
- 1.1%
- Avg. per client
- $410K
Total
- Clients
- 183
- Regulatory AUM
- $338M
- AUM share
- 100%
- Avg. per client
- $1.85M
- 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
- 0
Boulder Wealth Advisors charges up to 1.00% a year for its Investment Management. 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
- Stand-alone Financial Planning
- Stand-alone financial planning or consulting is priced by a separate agreement, negotiated in advance on scope and complexity; no rate is stated, and planning tied to an ongoing investment engagement carries no separate fee.
Gary Shirman owns 50% to 75% of Boulder Wealth Advisors. The leadership team of Boulder Wealth Advisors includes Chief Compliance Officer Michael Hake. It has 4 employees, 2 of them in advisory roles.
Staff
- 4 employees
- 2 in advisory functions
- 2 state-registered reps
- 2 soliciting firms
- Owns 50% to 75% of Boulder Wealth Advisors, LLC
Gary Shirman
Control person · since January 2021
- Owns 50% to 75% of Boulder Wealth Advisors, LLC
Michael Hake
Control person · since February 2021
Boulder Wealth Advisors’ regulatory assets grew 2.2× from $156M (February 2021) to $338M (July 2026); clients rose from 147 to 183 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $338M | 183 | 4 | 1 |
| Jun 2025June 2025 | $291M | 180 | 3 | 1 |
| Mar 2024March 2024 | $246M | 176 | 3 | 1 |
| Jan 2023January 2023 | $181M | 175 | 3 | 1 |
| Jan 2022January 2022 | $183M | 151 | 4 | 1 |
| Feb 2021February 2021 | $156M | 147 | 4 | 1 |
Besides its headquarters, Boulder Wealth Advisors has 0 offices, with 1 listed address in 1 state.
Colorado · 1 listed address
- 2595 Canyon BLVD, Suite 220, BoulderHQ
Contact and registration details
- Legal name
- Boulder Wealth Advisors, LLC
- Headquarters
- 2595 Canyon BLVD, Suite 220, Boulder, CO 80302
- Website
- boulderwealthadvisors.com
- Phone
- 303-444-1161
- @boulder-wealth-advisors-llc
- SEC file
- 801-79267
- Founded
- 1997
- Structure
- Colorado LLC
- Fiscal year end
- December
Boulder Wealth Advisors’ named custodian for separately managed accounts is Charles Schwab ($334M). Boulder Wealth Advisors has custody of $47.8M for 48 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $334M100%
At year end, Boulder Wealth Advisors’ separately managed accounts were mostly in funds (92%). Its reported 13F holdings for the quarter ended 30 June 2026 total $274M across 35 positions; the largest are Schwab Strategic TR (17.3%), iShares TR (14.5%) and iShares TR (12.4%).
What the accounts hold
- Stocks5%
- Funds92%
- Bonds1%
- Cash3%
How many clients does Boulder Wealth Advisors have?
Boulder Wealth Advisors has 183 clients and manages $338 million for them, as of July 2026. They include 99 high-net-worth individuals, 75 individual clients, and 9 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 July 2026
What services does Boulder Wealth Advisors offer?
Boulder Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, publishing newsletters, business succession planning, education planning, estate planning, insurance, philanthropic planning, 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 Boulder Wealth Advisors charge?
Boulder Wealth Advisors charges up to 1.00% a year for its Investment Management. The fee is billed in advance and is negotiable.
Which custodians does Boulder Wealth Advisors use?
Boulder Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $334M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 July 2026
How many financial advisors does Boulder Wealth Advisors have?
Boulder Wealth Advisors has 2 investment adviser representatives registered with state securities authorities, out of 4 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 Boulder Wealth Advisors invest in?
At the end of its last fiscal year, Boulder Wealth Advisors’ separately managed accounts held 92% registered funds (mutual funds, ETFs, BDCs), 5% exchange-traded equities, 3% cash and equivalents and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Boulder Wealth Advisors?
Boulder Wealth Advisors’ direct owners are Gary Shirman (50% to 75%) and Michael Hake (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 31 July 2026
How does Boulder Wealth Advisors get paid?
Boulder Wealth 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
How do I contact Boulder Wealth Advisors?
Boulder Wealth Advisors’ main office is at 2595 Canyon BLVD, Suite 220, Boulder, CO 80302. Its phone number is 303-444-1161. Its website is boulderwealthadvisors.com.