{"url":"https://nivawealth.com/firms/private-wealth-management-120823","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/120823","regulatoryAum":832495124,"crd":"120823","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1747094","suffix":null,"lastName":"HORNER","firstName":"JOSEPH","middleName":"P."},{"crd":"4540655","suffix":null,"lastName":"ROBBINS","firstName":"SCOTT","middleName":"M"}],"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":"2021-03-25","regulatoryAum":741236598,"clients":71,"employees":4,"offices":1},{"filedOn":"2022-03-11","regulatoryAum":829379814,"clients":72,"employees":4,"offices":1},{"filedOn":"2023-03-20","regulatoryAum":793086734,"clients":70,"employees":4,"offices":1},{"filedOn":"2024-02-16","regulatoryAum":699203743,"clients":118,"employees":4,"offices":1},{"filedOn":"2025-03-10","regulatoryAum":768179247,"clients":125,"employees":4,"offices":1},{"filedOn":"2026-03-13","regulatoryAum":832495124,"clients":131,"employees":4,"offices":1}],"secFileNumber":"801-61214","legalName":"Private Wealth Management, Inc.","displayName":"Private Wealth Management","slug":"private-wealth-management-120823","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Tennessee corporation","fiscalYearEnd":"December","headquarters":{"street":"3725 Champion Hills DR., Suite 1400","city":"Memphis","state":"TN","stateName":"Tennessee","country":"United States","postalCode":"38125"},"tradeNames":[],"registration":{"secApproved":"31 May 2002","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":6285601.198473282,"staff":{"employees":4,"advisory":4,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":832495124,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":832495124,"nonDiscretionaryAccounts":571,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":10},"clientTypes":[{"label":"Individuals (other than HNW)","clients":46,"regulatoryAum":15773008},{"label":"High-net-worth individuals","clients":85,"regulatoryAum":807640749},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":8575530},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":505837}],"feePrograms":[{"role":"main","program":"Investment Advisory Services","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018423","versionId":1018423,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-13","documentName":"ADV PART 2","fee_rate_low":null,"fee_rate_high":0.75,"fee_negotiable":true,"minimum_account":1000000,"feeMinimumPeriod":"annual","fee_minimum_annual":6000},{"role":"other","program":"Personal Financial Planning","summary":"Personal financial planning is billed hourly at $100 to $500 per hour, or on a fixed fee negotiated before the work begins.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018423","versionId":1018423,"submittedOn":"2026-03-13","documentName":"ADV PART 2"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T06:24:15.267136+00:00","documents":[{"name":"ADV PART 2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018423","versionId":1018423,"submittedOn":"2026-03-13"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":799330152}],"custodyNote":"Private Wealth Management has custody of $156M in client assets for 52 clients.","otherCustodians":[],"leadership":[{"name":"Joseph Horner","title":"President","crd":"1747094"},{"name":"Scott Robbins","title":"Vice President - Chief Compliance Officer (11/2018)","crd":"4540655"}],"ownership":[{"label":"Joseph Horner","detail":"President in the 50% to 75% ownership band and a control person, since May 2002."},{"label":"Scott Robbins","detail":"Vice president - chief compliance officer (11/2018) in the 25% to 50% ownership band and a control person, since May 2002."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Tennessee","offices":1,"addresses":[{"street":"3725 Champion Hills DR., Suite 1400","city":"Memphis","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"901-322-4212","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","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":27},{"label":"U.S. government/agency bonds","percent":4},{"label":"U.S. state and local bonds","percent":5},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":47},{"label":"Cash and cash equivalents","percent":16}],"privateFunds":0},"sources":{"adv1FilingDate":"13 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/120823/PDF/120823.pdf","brochureDate":"13 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018423","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 Private Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Private Wealth Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Private Wealth Management charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Private Wealth Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Private Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Private Wealth Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Private Wealth Management have a minimum investment?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Private Wealth Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Private Wealth Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Private Wealth Management?","answer":"Private Wealth Management’s main office is at 3725 Champion Hills DR., Suite 1400, Memphis, TN 38125. Its phone number is 901-322-4212.","source":"Form ADV Part 1A, Item 1.F, filed 13 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."}