{"url":"https://nivawealth.com/firms/downing-street-wealth-management-152983","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/152983","regulatoryAum":175603765,"crd":"152983","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7420050","suffix":null,"lastName":"BORELLI","firstName":"MICHAEL","middleName":"CHRISTOPHER"},{"crd":"5756962","suffix":null,"lastName":"MORRISON","firstName":"ROBERT","middleName":"WILLIAM"}],"total":2,"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":"2025-03-31","regulatoryAum":158332643,"clients":153,"employees":2,"offices":1},{"filedOn":"2026-03-31","regulatoryAum":175603765,"clients":150,"employees":2,"offices":2}],"secFileNumber":"801-131457","legalName":"Downing Street Wealth Management LLC","displayName":"Downing Street Wealth Management","slug":"downing-street-wealth-management-152983","website":"https://downing-st.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/152983/639bf69f1e394ca1-r1.webp","tone":"light","width":449,"height":200,"sourceUrl":"https://www.downing-st.com/","sourceLabel":"Downing Street Wealth Management LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Colorado limited liability company","fiscalYearEnd":"December","headquarters":{"street":"6021 S. Syracuse Way, Suite 312","city":"Greenwood Village","state":"CO","stateName":"Colorado","country":"United States","postalCode":"80111"},"tradeNames":["Downing Street Wealth Management LLC"],"registration":{"secApproved":"8 November 2024","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1170661.6933333334,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":175603765,"discretionary":155667900,"discretionaryAccounts":520,"nonDiscretionary":19935865,"nonDiscretionaryAccounts":74,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":93,"regulatoryAum":36521085},{"label":"High-net-worth individuals","clients":57,"regulatoryAum":139078169},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":4511}],"feePrograms":[{"role":"main","program":"Investment Management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036205","versionId":1036205,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-31","documentName":"PART 2A/2B BROCHURE","fee_rate_low":0.7,"fee_rate_high":1.2,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":2500},{"role":"other","program":"Financial Planning","summary":"Planning is a fixed fee agreed in advance or billed hourly at $85.00 an hour; implementation-only meetings cost $3,000 to $6,000 initially, then $1,000 to $2,000 per meeting.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036205","versionId":1036205,"submittedOn":"2026-03-31","documentName":"PART 2A/2B BROCHURE"},{"role":"other","program":"Retirement Plan Advisory","summary":"Retirement plan advisory fees are negotiated; asset-based fees will not exceed 0.5% annually, with a minimum of $2,500.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036205","versionId":1036205,"submittedOn":"2026-03-31","documentName":"PART 2A/2B BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:05:13.762494+00:00","documents":[{"name":"PART 2A/2B BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036205","versionId":1036205,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":107319308},{"name":"Altruist Financial LLC","shortName":"Altruist","location":"Jersey City, NJ","smaAssets":13749720},{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":31319308}],"custodyNote":"Downing Street Wealth Management has custody of $11.5M for 23 clients.","otherCustodians":[],"leadership":[{"name":"Robert Morrison","title":"Managing Member, Chief Compliance Officer","crd":"5756962"}],"ownership":[{"label":"Robert Morrison","detail":"Managing member, chief compliance officer in the 75% or more ownership band and a control person, since January 2010."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Arizona","offices":1,"addresses":[{"street":"3430 E. Sunrise DR. #180","city":"Tucson"}]},{"state":"Colorado","offices":1,"addresses":[{"street":"6021 S. Syracuse Way, Suite 312","city":"Greenwood Village","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"720-360-0886","stateRegisteredReps":2,"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","Pension consulting services","Educational seminars/workshops"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":6},{"label":"U.S. state and local bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":79},{"label":"Cash and cash equivalents","percent":2},{"label":"Other","percent":12,"detail":"Managed Fixed Annuities"}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/152983/PDF/152983.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036205","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 Downing Street Wealth Management have?","answer":"Downing Street Wealth Management has 150 clients and manages $176 million for them, as of March 2026. They include 93 individual clients and 57 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Downing Street Wealth Management offer?","answer":"Downing Street Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and educational seminars.","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 Downing Street Wealth Management charge?","answer":"Downing Street Wealth Management charges 0.70%–1.20% a year for its Investment Management. The fee is billed in advance, is negotiable and has a $2,500 annual minimum.","source":"PART 2A/2B BROCHURE, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Downing Street Wealth Management use?","answer":"Downing Street Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $107M, National Financial Services LLC (Boston, MA), with $31.3M and Altruist Financial LLC (Jersey City, NJ), with $13.7M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Downing Street Wealth Management have?","answer":"Downing Street Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Downing Street Wealth Management invest in?","answer":"At the end of its last fiscal year, Downing Street Wealth Management’s separately managed accounts held 79% registered funds (mutual funds, ETFs, BDCs), 12% other, 6% exchange-traded equities, 2% cash and equivalents and 1% state and local bonds. The 12% other category is described as: Managed Fixed Annuities.","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 Downing Street Wealth Management?","answer":"Downing Street Wealth Management’s direct owner is Robert Morrison (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Downing Street Wealth Management get paid?","answer":"Downing Street 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":"How do I contact Downing Street Wealth Management?","answer":"Downing Street Wealth Management’s main office is at 6021 S. Syracuse Way, Suite 312, Greenwood Village, CO 80111. Its phone number is 720-360-0886. Its website is downing-st.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 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."}