{"url":"https://nivawealth.com/firms/boulevard-wealth-management-164423","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/164423","regulatoryAum":119494387,"crd":"164423","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7395679","suffix":null,"lastName":"BENNER","firstName":"ISAAC","middleName":"JOSEPH"},{"crd":"7012134","suffix":null,"lastName":"MCCARTHY","firstName":"BRENNAN","middleName":"P"},{"crd":"2817889","suffix":null,"lastName":"NOOR","firstName":"TROY","middleName":"ALAN"},{"crd":"4533767","suffix":null,"lastName":"VILLARS","firstName":"DEREK","middleName":"D"}],"total":4,"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"},"secFileNumber":"801-134380","legalName":"Boulevard Wealth Management, Inc.","displayName":"Boulevard Wealth Management","slug":"boulevard-wealth-management-164423","website":"https://boulevardwealth.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Minnesota corporation","fiscalYearEnd":"December","headquarters":{"street":"7825 Washington Avenue, Suite 100","city":"Bloomington","state":"MN","stateName":"Minnesota","country":"United States","postalCode":"55439"},"tradeNames":["Boulevard Wealth"],"registration":{"secApproved":"9 January 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":441376.86842105264,"staff":{"employees":5,"advisory":4,"brokerDealerReps":0,"insuranceAgents":3,"promoters":0},"aum":{"regulatory":119494387,"discretionary":117406247,"discretionaryAccounts":847,"nonDiscretionary":2088140,"nonDiscretionaryAccounts":11,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":11},"clientTypes":[{"label":"Individuals (other than HNW)","clients":229,"regulatoryAum":45895347},{"label":"High-net-worth individuals","clients":37,"regulatoryAum":71510900},{"label":"Pension and profit-sharing plans","clients":2,"fewerThan5":true,"regulatoryAum":2088140}],"feePrograms":[{"role":"main","program":"Portfolio Advisory Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042281","versionId":1042281,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-04-22","documentName":"ADV2A AND ADV2B","fee_rate_low":0.75,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":2500},{"role":"other","program":"Held Away Assets Management","summary":"Fees for managing accounts held away from BOULEVARD are billed quarterly in advance on the account value; the rate is not stated in the brochure.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042281","versionId":1042281,"submittedOn":"2026-04-22","documentName":"ADV2A AND ADV2B"},{"role":"other","program":"Research and Information Gathering","summary":"Research or information-gathering work is charged at $275 per hour.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042281","versionId":1042281,"submittedOn":"2026-04-22","documentName":"ADV2A AND ADV2B"},{"role":"other","program":"Strategic Advisory Services","summary":"Project fee quoted in advance; per-person hourly rates from $100 to $400, with a minimum of $2,500 or $5,000 depending on client category.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042281","versionId":1042281,"submittedOn":"2026-04-22","documentName":"ADV2A AND ADV2B"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:32:45.834092+00:00","documents":[{"name":"ADV2A AND ADV2B","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042281","versionId":1042281,"submittedOn":"2026-04-22"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":117406247}],"custodyNote":"Boulevard Wealth Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Troy Noor","title":"Owner, Officer and Chief Compliance Officer","crd":"2817889"},{"name":"Brennan McCarthy","title":"Owner, Officer","crd":"7012134"},{"name":"Derek Villars","title":"Owner, Officer","crd":"4533767"}],"ownership":[{"label":"Troy Noor","detail":"Owner, officer and chief compliance officer in the 50% to 75% ownership band and a control person, since November 2013."},{"label":"Derek Villars","detail":"Owner, officer in the 10% to 25% ownership band and a control person, since January 2014."},{"label":"Brennan McCarthy","detail":"Owner, officer in the 5% to 10% ownership band and a control person, since February 2017."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Minnesota","offices":1,"addresses":[{"street":"7825 Washington Avenue, Suite 100","city":"Bloomington","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"877-664-2583","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Commissions","Other"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters","Educational seminars/workshops","Other"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":94},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"22 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/164423/PDF/164423.pdf","brochureDate":"22 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042281","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 Boulevard Wealth Management have?","answer":"Boulevard Wealth Management has 268 clients and manages $119 million for them, as of April 2026. They include 229 individual clients, 37 high-net-worth individuals, and 2 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 22 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Boulevard Wealth Management offer?","answer":"Boulevard Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, and educational seminars.","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 Boulevard Wealth Management charge?","answer":"Boulevard Wealth Management charges 0.75%–1.25% a year for its Portfolio Advisory Services. The fee is billed in advance, is negotiable and has a $2,500 annual minimum.","source":"ADV2A AND ADV2B, filed 22 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Boulevard Wealth Management use?","answer":"Boulevard Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $117M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Boulevard Wealth Management have?","answer":"Boulevard Wealth Management has 4 investment adviser representatives registered with state securities authorities, out of 5 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Boulevard Wealth Management invest in?","answer":"At the end of its last fiscal year, Boulevard Wealth Management’s separately managed accounts held 94% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents and 2% exchange-traded equities.","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 Boulevard Wealth Management?","answer":"Boulevard Wealth Management’s direct owners are Troy Noor (50% to 75%), Derek Villars (10% to 25%) and Brennan McCarthy (5% to 10%).","source":"Form ADV Part 1A, Schedules A and B, filed 22 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Boulevard Wealth Management get paid?","answer":"Boulevard Wealth Management is paid through a percentage of assets under management, hourly charges, fixed fees, commissions and other compensation. Its Form ADV lists no 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 Boulevard Wealth Management?","answer":"Boulevard Wealth Management’s main office is at 7825 Washington Avenue, Suite 100, Bloomington, MN 55439. Its phone number is 877-664-2583. Its website is boulevardwealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 22 April 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."}