Consilium Wealth Advisory provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, business succession planning, education planning, estate planning, insurance, philanthropic planning, and tax planning. Financial planning was provided to 51–100 clients last fiscal year.
Consilium Wealth Advisory reports 120 clients. They include 54 high-net-worth individuals, 50 individual clients, and 14 corporations and other businesses. Of its assets, 100.0% ($466M across 510 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 42% | 4% |
| High-net-worth individuals | 45% | 83% |
| Charitable organizations | 2% | 2% |
| Corporations and other businesses | 12% | 12% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 50 | $19.1M | 4.1% | $382K |
| High-net-worth individuals | 54 | $385M | 82.6% | $7.13M |
| Charitable organizations | Fewer than 5 | $8.27M | 1.8% | $4.14M |
| Corporations and other businesses | 14 | $53.8M | 11.6% | $3.84M |
| Total | 120 | $466M | 100% | — |
- Clients
- 50
- Regulatory AUM
- $19.1M
- AUM share
- 4.1%
- Avg. per client
- $382K
- Clients
- 54
- Regulatory AUM
- $385M
- AUM share
- 82.6%
- Avg. per client
- $7.13M
- Clients
- Fewer than 5
- Regulatory AUM
- $8.27M
- AUM share
- 1.8%
- Avg. per client
- $4.14M
- Clients
- 14
- Regulatory AUM
- $53.8M
- AUM share
- 11.6%
- Avg. per client
- $3.84M
Total
- Clients
- 120
- Regulatory AUM
- $466M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 51–100
Consilium Wealth Advisory charges 0.75%–1.00% a year for its Asset management. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial consulting
- Standard annual fee of 1.00% of investable assets under advisement, negotiable, billed monthly in arrears.
Cliff Demarest owns 75% or more of Consilium Wealth Advisory. The leadership team of Consilium Wealth Advisory includes Chief Compliance Officer George Townsend. It has 7 employees, 4 of them in advisory roles.
Leadership
George TownsendChief Compliance Officer- James DemarestOwner
- Derek DemarestOwner
- Kaley DemarestOwner
Cliff DemarestManaging Member- Susan DemarestDirector of Client Delight
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 7 employees
- 4 in advisory functions
- 5 state-registered reps
- Owns 75% or more of Consilium Wealth Advisory, LLC
Cliff Demarest
Control person · since August 2012
- Owns 5% to 10% of Consilium Wealth Advisory, LLC
James Demarest
since May 2026
- Owns 5% to 10% of Consilium Wealth Advisory, LLC
Derek Demarest
since May 2026
- Owns 5% to 10% of Consilium Wealth Advisory, LLC
Kaley Demarest
since May 2026
Consilium Wealth Advisory’s regulatory assets grew 3.3× from $143M (July 2021) to $466M (May 2026); clients rose from 85 to 120 and employees from 4 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $466M | 120 | 7 | 2 |
| May 2025 | $313M | 103 | 5 | 2 |
| February 2024 | $263M | 94 | 5 | 2 |
| June 2023 | $222M | 88 | 4 | 2 |
| March 2022 | $248M | 85 | 4 | 2 |
| July 2021 | $143M | 85 | 4 | 2 |
Besides its headquarters, Consilium Wealth Advisory has 1 office (1 private residence, listed without an address), with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Consilium Wealth Advisory, LLC
- Headquarters
- Not reported
- Website
- consilium-llc.com
- Phone
- 214-299-5114
- SEC file
- 801-120593
- Founded
- 2012
- Structure
- Texas LLC
- Fiscal year end
- December
Consilium Wealth Advisory uses Charles Schwab ($466M) as custodian for its separately managed accounts. Consilium Wealth Advisory has custody of $43.4M in client assets for 5 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $466M100%
At year end, Consilium Wealth Advisory’s separately managed accounts were largely in funds (48%) and stocks (37%). Its reported 13F holdings for the quarter ended 30 June 2026 total $337M across 101 positions; the largest are Dimensional ETF Trust (11.0%), iShares TR (9.5%) and Trane Technologies PLC (6.5%).
What the accounts hold
- Stocks37%
- Funds48%
- Cash6%
- Other9%
- Hedge funds, private equity, other private investments9%
Reported 13F holdings
- $337M
- Reported 13F value
- 101
- Positions
- 53.1%
- In the 10 largest
- +14.9%
- Value vs. prior quarter
- Dimensional ETF Trust · Intl Core EQT MK11.0%
- iShares TR · Core 60 Bala ETF9.5%
- Trane Technologies PLC6.5%
- Apple Inc.6.3%
- Nvidia Corporation4.2%
- Wells Fargo & CO3.8%
- Vanguard Index Fds · Total Stk Mkt3.2%
- Schwab Strategic TR · US Lrg Cap ETF3.1%
- Alphabet Inc. · Cap Stk CL A2.9%
- iShares TR · Core MSCI Euro2.7%
Together, the ten largest are 53.1% of reported value.
How many clients does Consilium Wealth Advisory have?
Consilium Wealth Advisory has 120 clients and manages $466 million for them, as of May 2026. They include 54 high-net-worth individuals, 50 individual clients, and 14 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 May 2026
What services does Consilium Wealth Advisory offer?
Consilium Wealth Advisory provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, 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 Consilium Wealth Advisory charge?
Consilium Wealth Advisory charges 0.75%–1.00% a year for its Asset management. The fee is billed in arrears and is negotiable.
Source: ADV PART 2AB, filed 28 May 2026
Which custodians does Consilium Wealth Advisory use?
Consilium Wealth Advisory’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $466M. 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 May 2026
How many financial advisors does Consilium Wealth Advisory have?
Consilium Wealth Advisory has 5 investment adviser representatives registered with state securities authorities, out of 7 employees, and 4 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 Consilium Wealth Advisory invest in?
At the end of its last fiscal year, Consilium Wealth Advisory’s separately managed accounts held 48% registered funds (mutual funds, ETFs, BDCs), 37% exchange-traded equities, 9% other and 6% cash and equivalents. The 9% other category is described as: Hedge Funds, Private Equity, Other Private Investments.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Consilium Wealth Advisory?
Consilium Wealth Advisory’s direct owners are James Demarest (5% to 10%), Cliff Demarest (75% or more), Derek Demarest (5% to 10%) and Kaley Demarest (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 28 May 2026
How does Consilium Wealth Advisory get paid?
Consilium Wealth Advisory 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
How do I contact Consilium Wealth Advisory?
Its phone number is 214-299-5114. Its website is consilium-llc.com.