Bwa provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Bwa reports 60 clients. They include 45 high-net-worth individuals and 15 individual clients. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $147M across 230 accounts are not. A wrap fee program the firm both sponsors and manages holds $262M. Of its clients, 1% are outside the U.S. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 25% | 8% |
| High-net-worth individuals | 75% | 92% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 15 | $11.5M | 7.8% | $767K |
| High-net-worth individuals | 45 | $135M | 92.2% | $3.01M |
| Total | 60 | $147M | 100% | $2.45M |
- Clients
- 15
- Regulatory AUM
- $11.5M
- AUM share
- 7.8%
- Avg. per client
- $767K
- Clients
- 45
- Regulatory AUM
- $135M
- AUM share
- 92.2%
- Avg. per client
- $3.01M
Total
- Clients
- 60
- Regulatory AUM
- $147M
- AUM share
- 100%
- Avg. per client
- $2.45M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Bwa charges up to 1.25% a year for its Asset Management. The fee is billed in advance, is negotiable and requires an account of at least $1,000,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Financial planning and consulting are billed as a flat fee based on scope and complexity, not to exceed $2,500, with a 50% retainer at signing.
Brett Bucher owns 75% or more of Bwa. The leadership team of Bwa includes Chief Compliance Officer Brett Bucher. It has 1 employee.
Leadership
Brett BucherManaging Member & Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- 1 insurance agent
- Owns 75% or more of Bwa, LLC
Brett Bucher
Control person · since October 2010
Bwa’s regulatory assets grew from $115M (March 2022) to $147M (January 2026); clients rose from 52 to 60 and employees were 1 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| January 2026 | $147M | 60 | 1 | 1 |
| January 2025 | $137M | 59 | 1 | 1 |
| February 2024 | $120M | 57 | 1 | 1 |
| January 2023 | $102M | 57 | 1 | 1 |
| March 2022 | $115M | 52 | 1 | 1 |
Besides its headquarters, Bwa has 0 offices, with 1 listed address in California.
California · 1 listed address
- 1730 S. El Camino Real, Suite 250, San MateoHQ
Other business names
Bwa has reported 1 other business name to the SEC.
- Bucher Wealth Advisors
Contact and registration details
- Legal name
- Bwa, LLC
- Headquarters
- 1730 S. El Camino Real, Suite 250, San Mateo, CA 94402
- Website
- bucherwa.com
- Phone
- 650-286-9606
- SEC file
- 801-123576
- Structure
- California LLC
- Fiscal year end
- December
Bwa uses Fidelity ($135M) as custodian for its separately managed accounts. Bwa has custody of $17.5M in client assets for 23 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $135M100%
At year end, Bwa’s separately managed accounts were mostly in funds (90%).
What the accounts hold
- Stocks7%
- Funds90%
- Bonds2%
- Cash1%
How many clients does Bwa have?
Bwa has 60 clients and manages $147 million for them, as of January 2026. They include 45 high-net-worth individuals and 15 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 January 2026
What services does Bwa offer?
Bwa provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Bwa charge?
Bwa charges up to 1.25% a year for its Asset Management. The fee is billed in advance, is negotiable and requires an account of at least $1,000,000.
Source: FORM ADV PART 2A - FIRM BROCHURE, filed 28 January 2026
Which custodians does Bwa use?
Bwa’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $135M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 January 2026
How many financial advisors does Bwa have?
Bwa has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Bwa invest in?
At the end of its last fiscal year, Bwa’s separately managed accounts held 90% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 2% U.S. government and agency bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Bwa have a minimum investment?
Yes, Bwa’s minimum account size for its Asset Management is $1M.
Source: FORM ADV PART 2A - FIRM BROCHURE, filed 28 January 2026
Who owns Bwa?
Bwa’s direct owner is Brett Bucher (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 January 2026
How does Bwa get paid?
Bwa 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
Is Bwa registered with the SEC?
Yes, Bwa has been registered with the SEC as an investment adviser since 31 March 2022. Its CRD number is 154878 and its SEC file number is 801-123576.
Source: Form ADV Part 1A, Item 1, filed 28 January 2026; IAPD firm record
How do I contact Bwa?
Bwa’s main office is at 1730 S. El Camino Real, Suite 250, San Mateo, CA 94402. Its phone number is 650-286-9606. Its website is bucherwa.com.