{"url":"https://nivawealth.com/firms/davidson-wealth-management-153227","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/153227","regulatoryAum":172351950,"crd":"153227","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1972687","suffix":null,"lastName":"PROZZO","firstName":"RICHARD","middleName":"EDWARD"},{"crd":"7487664","suffix":null,"lastName":"PROZZO","firstName":"RICHARD","middleName":"JOSEPH"},{"crd":"4725928","suffix":null,"lastName":"SEVCENKO","firstName":"KRISTOPHER","middleName":"MICHAEL"}],"total":3,"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":"2021-03-11","regulatoryAum":123581953,"clients":209,"employees":5,"offices":1},{"filedOn":"2022-02-25","regulatoryAum":137335194,"clients":224,"employees":5,"offices":1},{"filedOn":"2023-07-20","regulatoryAum":118527729,"clients":218,"employees":5,"offices":1},{"filedOn":"2024-02-29","regulatoryAum":130736519,"clients":224,"employees":5,"offices":1},{"filedOn":"2025-02-25","regulatoryAum":147636663,"clients":221,"employees":5,"offices":1},{"filedOn":"2026-06-15","regulatoryAum":172351950,"clients":228,"employees":5,"offices":1}],"secFileNumber":"801-71216","legalName":"Davidson Wealth Management LLC","displayName":"Davidson Wealth Management","slug":"davidson-wealth-management-153227","website":"https://davidsonwealthmgmt.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"New Jersey limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1041 West Lacey Road, 2nd Floor","city":"Forked River","state":"NJ","stateName":"New Jersey","country":"United States","postalCode":"08731"},"tradeNames":[],"registration":{"secApproved":"22 March 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Program","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1048425","versionId":1048425,"ratePeriod":"annual","fee_billing":"both","submittedOn":"2026-06-15","documentName":"DAVIDSON WEALTH MANAGEMENT LLC AMENDED FORM ADV, PART 2A.","fee_rate_low":0.75,"fee_rate_high":1.75,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning","summary":"Financial planning is a fixed fee of $1,000.00 to $10,000.00, or $250.00 an hour in special circumstances.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1048425","versionId":1048425,"submittedOn":"2026-06-15","documentName":"DAVIDSON WEALTH MANAGEMENT LLC AMENDED FORM ADV, PART 2A."}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:06:07.042889+00:00","documents":[{"name":"DAVIDSON WEALTH MANAGEMENT LLC AMENDED FORM ADV, PART 2A.","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1048425","versionId":1048425,"submittedOn":"2026-06-15"}]},"custodians":[{"name":"SEI Investments Distribution Co.","shortName":"SEI Investments Distribution","location":"Oaks, PA","smaAssets":111442531},{"name":"Pershing LLC","shortName":"Pershing","location":"Jersey City, NJ","smaAssets":37015349},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":23894070}],"custodyNote":"Davidson Wealth Management does not have custody of client assets.","leadership":[{"name":"Richard Prozzo","title":"Managing Member and Chief Compliance Officer","crd":"1972687"},{"name":"Kristopher Sevcenko","title":"Financial Planner and Minority Owner","crd":"4725928"}],"ownership":[{"label":"Richard Prozzo","detail":"Managing member and chief compliance officer in the 75% or more ownership band and a control person, since February 2010."},{"label":"Kristopher Sevcenko","detail":"Financial planner and minority owner in the 10% to 25% ownership band, since January 2020."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New Jersey","offices":1,"addresses":[{"street":"1041 West Lacey Road, 2nd Floor","city":"Forked River","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"732-409-1060","stateRegisteredReps":3,"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","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":24},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":4},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":67},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"15 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/153227/PDF/153227.pdf","brochureDate":"15 June 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1048425","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 Davidson Wealth Management have?","answer":"Davidson Wealth Management has 228 clients and manages $172 million for them, as of June 2026. They include 174 individual clients and 54 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 15 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Davidson Wealth Management offer?","answer":"Davidson Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, 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 Davidson Wealth Management charge?","answer":"Davidson Wealth Management charges 0.75%–1.75% a year for its Asset Management Program. The fee is billed in advance or in arrears and is negotiable.","source":"DAVIDSON WEALTH MANAGEMENT LLC AMENDED FORM ADV, PART 2A., filed 15 June 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Davidson Wealth Management use?","answer":"Davidson Wealth Management’s separately managed account assets are held at SEI Investments Distribution Co. (Oaks, PA), with $111M, Pershing LLC (Jersey City, NJ), with $37M and Charles Schwab & Co., Inc. (Westlake, TX), with $23.9M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 June 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Davidson Wealth Management have?","answer":"Davidson Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 4 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 Davidson Wealth Management invest in?","answer":"At the end of its last fiscal year, Davidson Wealth Management’s separately managed accounts held 67% registered funds (mutual funds, ETFs, BDCs), 24% exchange-traded equities, 4% state and local bonds, 3% cash and equivalents, 1% U.S. government and agency bonds and 1% investment grade corporate bonds.","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 Davidson Wealth Management?","answer":"Davidson Wealth Management’s direct owners are Richard Prozzo (75% or more) and Kristopher Sevcenko (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 15 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Davidson Wealth Management get paid?","answer":"Davidson Wealth Management 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 Davidson Wealth Management registered with the SEC?","answer":"Yes, Davidson Wealth Management has been registered with the SEC as an investment adviser since 22 March 2010. Its CRD number is 153227 and its SEC file number is 801-71216.","source":"Form ADV Part 1A, Item 1, filed 15 June 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Davidson Wealth Management?","answer":"Davidson Wealth Management’s main office is at 1041 West Lacey Road, 2nd Floor, Forked River, NJ 08731. Its phone number is 732-409-1060. Its website is davidsonwealthmgmt.com.","source":"Form ADV Part 1A, Item 1.F, filed 15 June 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."}