Private Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 101–250 clients last fiscal year.
Private Wealth Management reports 131 clients. They include 85 high-net-worth individuals and 46 individual clients. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $832M across 571 accounts are not. It advised 10 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 35% | 2% |
| High-net-worth individuals | 65% | 97% |
| Charitable organizations | Fewer than 5 | 1% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 46 | $15.8M | 1.9% | $343K |
| High-net-worth individuals | 85 | $808M | 97.0% | $9.5M |
| Charitable organizations | Fewer than 5 | $8.58M | 1.0% | — |
| Corporations and other businesses | Fewer than 5 | $506K | 0.1% | — |
| Total | 131 | $832M | 100% | — |
- Clients
- 46
- Regulatory AUM
- $15.8M
- AUM share
- 1.9%
- Avg. per client
- $343K
- Clients
- 85
- Regulatory AUM
- $808M
- AUM share
- 97.0%
- Avg. per client
- $9.5M
- Clients
- Fewer than 5
- Regulatory AUM
- $8.58M
- AUM share
- 1.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $506K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 131
- Regulatory AUM
- $832M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 10
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Private Wealth Management charges up to 0.75% a year for its Investment Advisory Services. The fee is billed in arrears, is negotiable, has a $6,000 annual minimum and requires an account of at least $1,000,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Personal Financial Planning
- Personal financial planning is billed hourly at $100 to $500 per hour, or on a fixed fee negotiated before the work begins.
Joseph Horner owns 50% to 75% of Private Wealth Management. The leadership team of Private Wealth Management includes President Joseph Horner and Chief Compliance Officer Scott Robbins. It has 4 employees.
Leadership
- Joseph HornerPresident
- Scott RobbinsVice President - Chief Compliance Officer (11/2018)
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 4 employees
- 4 in advisory functions
- 2 state-registered reps
- Owns 50% to 75% of Private Wealth Management, Inc.
Joseph Horner
Control person · since May 2002
- Owns 25% to 50% of Private Wealth Management, Inc.
Scott Robbins
Control person · since May 2002
Private Wealth Management’s regulatory assets grew from $741M (March 2021) to $832M (March 2026); clients rose from 71 to 131 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $832M | 131 | 4 | 1 |
| March 2025 | $768M | 125 | 4 | 1 |
| February 2024 | $699M | 118 | 4 | 1 |
| March 2023 | $793M | 70 | 4 | 1 |
| March 2022 | $829M | 72 | 4 | 1 |
| March 2021 | $741M | 71 | 4 | 1 |
Besides its headquarters, Private Wealth Management has 0 offices, with 1 listed address in Tennessee.
Tennessee · 1 listed address
- 3725 Champion Hills DR., Suite 1400, MemphisHQ
Contact and registration details
- Legal name
- Private Wealth Management, Inc.
- Headquarters
- 3725 Champion Hills DR., Suite 1400, Memphis, TN 38125
- Website
- Not reported
- Phone
- 901-322-4212
- SEC file
- 801-61214
- Structure
- Tennessee corporation
- Fiscal year end
- December
Private Wealth Management uses Charles Schwab ($799M) as custodian for its separately managed accounts. Private Wealth Management has custody of $156M in client assets for 52 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $799M100%
At year end, Private Wealth Management’s separately managed accounts were largely in funds (47%) and stocks (27%).
What the accounts hold
- Stocks27%
- Funds47%
- Bonds10%
- State and local bonds5%
- U.S. government and agency bonds4%
- High-yield corporate bonds1%
- Cash16%
How many clients does Private Wealth Management have?
Private Wealth Management has 131 clients and manages $832 million for them, as of March 2026. They include 85 high-net-worth individuals and 46 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 March 2026
What services does Private Wealth Management offer?
Private Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Private Wealth Management charge?
Private Wealth Management charges up to 0.75% a year for its Investment Advisory Services. The fee is billed in arrears, is negotiable, has a $6,000 annual minimum and requires an account of at least $1,000,000.
Source: ADV PART 2, filed 13 March 2026
Which custodians does Private Wealth Management use?
Private Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $799M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 March 2026
How many financial advisors does Private Wealth Management have?
Private Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 4 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 Private Wealth Management invest in?
At the end of its last fiscal year, Private Wealth Management’s separately managed accounts held 47% registered funds (mutual funds, ETFs, BDCs), 27% exchange-traded equities, 16% cash and equivalents, 5% state and local bonds, 4% U.S. government and agency bonds and 1% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Private Wealth Management have a minimum investment?
Yes, Private Wealth Management’s minimum account size for its Investment Advisory Services is $1M. It charges a $6K annual minimum fee.
Source: ADV PART 2, filed 13 March 2026
Who owns Private Wealth Management?
Private Wealth Management’s direct owners are Joseph Horner (50% to 75%) and Scott Robbins (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 13 March 2026
How does Private Wealth Management get paid?
Private 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
How do I contact Private Wealth Management?
Private Wealth Management’s main office is at 3725 Champion Hills DR., Suite 1400, Memphis, TN 38125. Its phone number is 901-322-4212.