{"url":"https://nivawealth.com/firms/burke-and-herbert-wealth-services-340285","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/340285","regulatoryAum":156063257,"crd":"340285","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4829632","suffix":null,"lastName":"COLEMAN","firstName":"JOHN","middleName":"PHILIP"},{"crd":"3074374","suffix":null,"lastName":"MULLINS","firstName":"JAMES","middleName":"QUINTIN"}],"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"},"secFileNumber":"801-135403","legalName":"Burke & Herbert Wealth Services, LLC","displayName":"Burke & Herbert Wealth Services","slug":"burke-and-herbert-wealth-services-340285","website":"https://piedmontwm.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Virginia limited liability company","fiscalYearEnd":"December","headquarters":{"street":"100 S. Fairfax Street","city":"Alexandria","state":"VA","stateName":"Virginia","country":"United States","postalCode":"22314"},"tradeNames":[],"registration":{"secApproved":"1 January 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":643810.835443038,"staff":{"employees":4,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":156063257,"discretionary":153421322,"discretionaryAccounts":535,"nonDiscretionary":2641935,"nonDiscretionaryAccounts":6,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":184,"regulatoryAum":47639639},{"label":"High-net-worth individuals","clients":53,"regulatoryAum":104943529},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":1831388},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":1648701}],"feePrograms":[{"role":"main","program":"Investment Management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042343","versionId":1042343,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-04-22","documentName":"FORM ADV PART 2 AND 2B 042226","fee_rate_low":1,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":100000,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Consulting Services","summary":"Consulting is billed hourly at $200 or as a fixed fee between $750 and $5,000; fees are negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042343","versionId":1042343,"submittedOn":"2026-04-22","documentName":"FORM ADV PART 2 AND 2B 042226"},{"role":"other","program":"Financial Planning","summary":"One-time financial planning is billed hourly at $200. Ongoing planning is an annual retainer, negotiable, billed monthly, quarterly or annually.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042343","versionId":1042343,"submittedOn":"2026-04-22","documentName":"FORM ADV PART 2 AND 2B 042226"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T18:14:10.721338+00:00","documents":[{"name":"FORM ADV PART 2 AND 2B 042226","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042343","versionId":1042343,"submittedOn":"2026-04-22"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":155044587}],"custodyNote":"Burke & Herbert Wealth Services does not have custody of client assets.","leadership":[{"name":"James Mullins","title":"Chief Compliance Officer, Senior Vice President","crd":"3074374"},{"name":"Shannon Rowan","title":"President","crd":"1752276"}],"ownership":[{"label":"Burke & Herbert Financial","detail":"Owner in the 75% or more ownership band and a control person, since September 2025."},{"label":"Burke & Herbert Financial Services Corp.","detail":"Owner in the 75% or more ownership band and a control person, since September 2025."}],"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"Virginia","offices":3,"addresses":[{"street":"100 S. Fairfax Street","city":"Alexandria","headquarters":true},{"street":"131 W. Davis Street","city":"Culpeper"},{"street":"608 Westwood Office Park","city":"Fredericksburg"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"703-518-8361","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":13},{"label":"U.S. government/agency bonds","percent":18},{"label":"Securities issued by registered investment companies or business development companies","percent":67},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":1},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"22 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/340285/PDF/340285.pdf","brochureDate":"22 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042343","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 Burke & Herbert Wealth Services have?","answer":"Burke & Herbert Wealth Services has 237 clients and manages $156 million for them, as of April 2026. They include 184 individual clients and 53 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 22 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Burke & Herbert Wealth Services offer?","answer":"Burke & Herbert Wealth Services provides financial planning, portfolio management for individuals and small businesses, and pension consulting.","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 Burke & Herbert Wealth Services charge?","answer":"Burke & Herbert Wealth Services charges 1.00% a year for its Investment Management. The fee is billed in arrears, is negotiable and requires an account of at least $100,000.","source":"FORM ADV PART 2 AND 2B 042226, filed 22 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Burke & Herbert Wealth Services use?","answer":"Burke & Herbert Wealth Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $155M. 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 Burke & Herbert Wealth Services have?","answer":"Burke & Herbert Wealth Services 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Burke & Herbert Wealth Services invest in?","answer":"At the end of its last fiscal year, Burke & Herbert Wealth Services’ separately managed accounts held 67% registered funds (mutual funds, ETFs, BDCs), 18% U.S. government and agency bonds, 13% exchange-traded equities, 2% cash and equivalents and 1% pooled vehicles (private funds and similar).","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":"Does Burke & Herbert Wealth Services have a minimum investment?","answer":"Yes, Burke & Herbert Wealth Services’ minimum account size for its Investment Management is $100K.","source":"FORM ADV PART 2 AND 2B 042226, filed 22 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Burke & Herbert Wealth Services?","answer":"Burke & Herbert Wealth Services’ direct owners are Burke & Herbert Financial (75% or more) and Burke & Herbert Financial Services Corp. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 22 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Burke & Herbert Wealth Services get paid?","answer":"Burke & Herbert Wealth Services 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Burke & Herbert Wealth Services registered with the SEC?","answer":"Yes, Burke & Herbert Wealth Services has been registered with the SEC as an investment adviser since 1 January 2026. Its CRD number is 340285 and its SEC file number is 801-135403.","source":"Form ADV Part 1A, Item 1, filed 22 April 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Burke & Herbert Wealth Services?","answer":"Burke & Herbert Wealth Services’ main office is at 100 S. Fairfax Street, Alexandria, VA 22314. Its phone number is 703-518-8361. Its website is piedmontwm.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."}