Davis Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 51–100 clients last fiscal year.
Davis Wealth Advisors reports 92 clients. They include 72 high-net-worth individuals, 15 individual clients, and 3 pension and profit-sharing plans. Of its assets, 94.4% ($186M across 534 accounts) are managed with discretion; $11M across 23 accounts are not. It advised 6 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 16% | 2% |
| High-net-worth individuals | 78% | 93% |
| Pension and profit-sharing plans | 3% | 4% |
| Corporations and other businesses | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 15 | $4.28M | 2.2% | $286K |
| High-net-worth individuals | 72 | $184M | 93.3% | $2.55M |
| Pension and profit-sharing plans | Fewer than 5 | $7.62M | 3.9% | $2.54M |
| Corporations and other businesses | Fewer than 5 | $1.33M | 0.7% | $665K |
| Total | 92 | $197M | 100% | — |
- Clients
- 15
- Regulatory AUM
- $4.28M
- AUM share
- 2.2%
- Avg. per client
- $286K
- Clients
- 72
- Regulatory AUM
- $184M
- AUM share
- 93.3%
- Avg. per client
- $2.55M
- Clients
- Fewer than 5
- Regulatory AUM
- $7.62M
- AUM share
- 3.9%
- Avg. per client
- $2.54M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.33M
- AUM share
- 0.7%
- Avg. per client
- $665K
Total
- Clients
- 92
- Regulatory AUM
- $197M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 6
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Davis Wealth Advisors charges 0.45%–0.80% a year for its Wealth Management Services. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $15,000 annual minimum. The brochure also prices 4 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 0.80% |
| $2M–$5M | 0.70% |
| $5M–$10M | 0.55% |
| $10M and above | 0.45% |
Fee details and sources
Other fees
- 3(38) Fiduciary Services
- Fiduciary services for a plan under section 3(38) are 0.80% to 0.45% of plan assets by balance band, billed quarterly in advance.
- Pension Consulting Services
- Pension consulting for employee benefit plans is 0.55% to 0.20% of plan assets by balance band, or a fixed fee of $1,500 to $30,000 a year.
- Stand-Alone Financial Planning and Consulting
- Fixed-fee planning is $6,000 to $15,000 or hourly at $300; ongoing planning retainers run $15,000 to $60,000 a year; consulting is $300 an hour.
- Wealth Management Financial Planning Fee
- A fixed financial planning fee of $6,000 to $20,000, based on service needs and planning complexity, is billed quarterly in advance on top of the investment management fee.
Melinda Davis owns 75% or more of Davis Wealth Advisors. The leadership team of Davis Wealth Advisors includes Chief Compliance Officer Melinda Davis. It has 6 employees, 5 of them in advisory roles.
Leadership
- Melinda DavisManaging Member/Chief Compliance Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 5 in advisory functions
- 4 state-registered reps
- Owns 75% or more of Davis Wealth Advisors LLC
Melinda Davis
Control person · since February 2017
Davis Wealth Advisors’ regulatory assets grew from $136M (June 2024) to $197M (July 2026); clients rose from 79 to 92 and employees from 4 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $197M | 92 | 6 | 5 |
| March 2025 | $159M | 85 | 4 | 1 |
| June 2024 | $136M | 79 | 4 | 1 |
Besides its headquarters, Davis Wealth Advisors has 4 offices (4 private residences, listed without an address), with 1 listed address in New Hampshire.
New Hampshire · 1 listed address
- 12 Stiles Road, Suite 203, SalemHQ
Contact and registration details
- Legal name
- Davis Wealth Advisors LLC
- Headquarters
- 12 Stiles Road, Suite 203, Salem, NH 03079
- Website
- daviswealthadvisors.net
- Phone
- 603-836-3477
- @27111657
- SEC file
- 801-130754
- Structure
- New Hampshire LLC
- Fiscal year end
- December
Davis Wealth Advisors uses Fidelity ($190M) as custodian for its separately managed accounts. Davis Wealth Advisors has custody of $97.2M in client assets for 54 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $190M100%
At year end, Davis Wealth Advisors’ separately managed accounts were mostly in funds (57%) and stocks (33%). Its reported 13F holdings for the quarter ended 30 June 2026 total $129M across 73 positions; the largest are iShares TR (12.1%), iShares TR (6.5%) and Fidelity Merrimack Str TR (4.9%).
What the accounts hold
- Stocks33%
- Funds57%
- Bonds2%
- Cash8%
Reported 13F holdings
- $129M
- Reported 13F value
- 73
- Positions
- 49.4%
- In the 10 largest
- +7.4%
- Value vs. prior quarter
- iShares TR · Core S&P500 ETF12.1%
- iShares TR · Core Univrsl Usd6.5%
- Fidelity Merrimack Str TR · Total BD ETF4.9%
- iShares Inc. · Core MSCI Emkt4.8%
- iShares TR · S&P 500 Grwt ETF4.4%
- Blackrock ETF Trust · iShares US Equit4.1%
- iShares TR · S&P 500 Val ETF3.6%
- iShares TR · Esg Awr MSCI USA3.1%
- Blackrock ETF Trust · Isha US Awar ETF3.0%
- iShares TR · US Treas BD ETF3.0%
Together, the ten largest are 49.4% of reported value.
How many clients does Davis Wealth Advisors have?
Davis Wealth Advisors has 92 clients and manages $197 million for them, as of July 2026. They include 72 high-net-worth individuals, 15 individual clients, and 3 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 6 July 2026
What services does Davis Wealth Advisors offer?
Davis Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Davis Wealth Advisors charge?
Davis Wealth Advisors charges 0.45%–0.80% a year for its Wealth Management Services. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $15,000 annual minimum.
Source: DAVIS WEALTH ADVISORS ADV PART 2A AMENDMENT V.06.01.26, filed 1 June 2026
Which custodians does Davis Wealth Advisors use?
Davis Wealth Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $190M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 July 2026
How many financial advisors does Davis Wealth Advisors have?
Davis Wealth Advisors has 4 investment adviser representatives registered with state securities authorities, out of 6 employees, and 5 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 Davis Wealth Advisors invest in?
At the end of its last fiscal year, Davis Wealth Advisors’ separately managed accounts held 57% registered funds (mutual funds, ETFs, BDCs), 33% exchange-traded equities, 8% cash and equivalents and 2% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Davis Wealth Advisors?
Davis Wealth Advisors’ direct owner is Melinda Davis (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 6 July 2026
How does Davis Wealth Advisors get paid?
Davis Wealth Advisors 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
Is Davis Wealth Advisors registered with the SEC?
Yes, Davis Wealth Advisors has been registered with the SEC as an investment adviser since 26 July 2024. Its CRD number is 287736 and its SEC file number is 801-130754.
Source: Form ADV Part 1A, Item 1, filed 6 July 2026; IAPD firm record
How do I contact Davis Wealth Advisors?
Davis Wealth Advisors’ main office is at 12 Stiles Road, Suite 203, Salem, NH 03079. Its phone number is 603-836-3477. Its website is daviswealthadvisors.net.