{"url":"https://nivawealth.com/firms/bwa-154878","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/154878","regulatoryAum":146886515,"crd":"154878","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"3166791","suffix":null,"lastName":"BUCHER","firstName":"BRETT","middleName":"MICHAEL"}],"total":1,"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":"2022-03-01","regulatoryAum":115351474,"clients":52,"employees":1,"offices":1},{"filedOn":"2023-01-27","regulatoryAum":102244046,"clients":57,"employees":1,"offices":1},{"filedOn":"2024-02-06","regulatoryAum":119703828,"clients":57,"employees":1,"offices":1},{"filedOn":"2025-01-23","regulatoryAum":136816534,"clients":59,"employees":1,"offices":1},{"filedOn":"2026-01-28","regulatoryAum":146886515,"clients":60,"employees":1,"offices":1}],"secFileNumber":"801-123576","legalName":"Bwa, LLC","displayName":"Bwa","slug":"bwa-154878","website":"https://bucherwa.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"California limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1730 S. El Camino Real, Suite 250","city":"San Mateo","state":"CA","stateName":"California","country":"United States","postalCode":"94402"},"tradeNames":["Bucher Wealth Advisors"],"registration":{"secApproved":"31 March 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2448108.5833333335,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":146886515,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":146886515,"nonDiscretionaryAccounts":230,"wrapProgram":262450305,"nonUsClientsPct":1,"nonAumClients":1},"clientTypes":[{"label":"Individuals (other than HNW)","clients":15,"regulatoryAum":11509238},{"label":"High-net-worth individuals","clients":45,"regulatoryAum":135377277}],"feePrograms":[{"role":"main","program":"Asset Management","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1004531","versionId":1004531,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-01-28","documentName":"FORM ADV PART 2A - FIRM BROCHURE","fee_rate_low":null,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":1000000,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning and Consulting","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1004531","versionId":1004531,"submittedOn":"2026-01-28","documentName":"FORM ADV PART 2A - FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:11:37.763134+00:00","documents":[{"name":"FORM ADV PART 2A - FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1004531","versionId":1004531,"submittedOn":"2026-01-28"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":134856070}],"custodyNote":"Bwa has custody of $17.5M in client assets for 23 clients.","leadership":[{"name":"Brett Bucher","title":"Managing Member & Chief Compliance Officer","crd":"3166791"}],"ownership":[{"label":"Brett Bucher","detail":"Managing member & chief compliance officer in the 75% or more ownership band and a control person, since October 2010."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"1730 S. El Camino Real, Suite 250","city":"San Mateo","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"650-286-9606","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":7},{"label":"U.S. government/agency bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":90},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"28 January 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/154878/PDF/154878.pdf","brochureDate":"28 January 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1004531","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 Bwa have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Bwa offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Bwa charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Bwa use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Bwa have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Bwa invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Bwa have a minimum investment?","answer":"Yes, Bwa’s minimum account size for its Asset Management is $1M.","source":"FORM ADV PART 2A - FIRM BROCHURE, filed 28 January 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Bwa?","answer":"Bwa’s direct owner is Brett Bucher (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 28 January 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Bwa get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Bwa registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Bwa?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 28 January 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."}