Sandia Wealth Management provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 11–25 clients last fiscal year.
Sandia Wealth Management reports 239 clients. They include 164 individual clients, 67 high-net-worth individuals, and 4 pension and profit-sharing plans. Of its assets, 93.6% ($181M across 425 accounts) are managed with discretion; $12.4M across 137 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 69% | 29% |
| High-net-worth individuals | 28% | 65% |
| Pension and profit-sharing plans | 2% | 3% |
| Corporations and other businesses | 2% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 164 | $55.3M | 28.6% | $337K |
| High-net-worth individuals | 67 | $127M | 65.4% | $1.89M |
| Pension and profit-sharing plans | Fewer than 5 | $5.83M | 3.0% | $1.46M |
| Corporations and other businesses | Fewer than 5 | $5.82M | 3.0% | $1.45M |
| Total | 239 | $193M | 100% | — |
- Clients
- 164
- Regulatory AUM
- $55.3M
- AUM share
- 28.6%
- Avg. per client
- $337K
- Clients
- 67
- Regulatory AUM
- $127M
- AUM share
- 65.4%
- Avg. per client
- $1.89M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.83M
- AUM share
- 3.0%
- Avg. per client
- $1.46M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.82M
- AUM share
- 3.0%
- Avg. per client
- $1.45M
Total
- Clients
- 239
- Regulatory AUM
- $193M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Sandia Wealth Management charges up to 1.00% a year for its Portfolio Management Services. The fee is billed in advance, is negotiable and requires an account of at least $100,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Financial planning is billed at $175 an hour with a two-hour minimum per engagement; the fees are negotiable.
Peter Lehrman owns 75% or more of Sandia Wealth Management. The leadership team of Sandia Wealth Management includes Chief Compliance Officer Peter Lehrman. It has 3 employees, 1 of them in advisory roles.
Leadership
Peter LehrmanManaging Member/Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Sandia Wealth Management, LLC
Peter Lehrman
Control person · since January 2012
Sandia Wealth Management’s regulatory assets grew from $151M (February 2022) to $193M (March 2026); clients were 239 in both filings and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $193M | 239 | 3 | 2 |
| February 2025 | $174M | 239 | 3 | 2 |
| March 2024 | $162M | 252 | 4 | 2 |
| March 2023 | $141M | 243 | 4 | 2 |
| February 2022 | $151M | 232 | 3 | 2 |
Besides its headquarters, Sandia Wealth Management has 1 office (1 private residence, listed without an address), with 1 listed address in New Mexico.
New Mexico · 1 listed address
- 9201 Montgomery Ne Suite 401, AlbuquerqueHQ
Contact and registration details
- Legal name
- Sandia Wealth Management, LLC
- Headquarters
- 9201 Montgomery Ne Suite 401, Albuquerque, NM 87111
- Website
- sandiawealth.com
- Phone
- 505-296-1100
- SEC file
- 801-122537
- Structure
- New Mexico LLC
- Fiscal year end
- December
Sandia Wealth Management uses Raymond James ($193M) as custodian for its separately managed accounts. Sandia Wealth Management does not have custody of client assets.
- Raymond JamesRaymond James & Associates, Inc. · St Petersburg, FL · $193M100%
At year end, Sandia Wealth Management’s separately managed accounts were largely in funds (47%) and stocks (31%).
What the accounts hold
- Stocks31%
- Funds47%
- Bonds10%
- U.S. government and agency bonds5%
- Investment grade corporate bonds5%
- Cash12%
How many clients does Sandia Wealth Management have?
Sandia Wealth Management has 239 clients and manages $193 million for them, as of March 2026. They include 164 individual clients, 67 high-net-worth individuals, and 4 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does Sandia Wealth Management offer?
Sandia Wealth Management provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Sandia Wealth Management charge?
Sandia Wealth Management charges up to 1.00% a year for its Portfolio Management Services. The fee is billed in advance, is negotiable and requires an account of at least $100,000.
Which custodians does Sandia Wealth Management use?
Sandia Wealth Management’s separately managed account assets are held at Raymond James & Associates, Inc. (St Petersburg, FL), with $193M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does Sandia Wealth Management have?
Sandia Wealth Management has 1 investment adviser representative registered with state securities authorities, out of 3 employees, and 1 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 Sandia Wealth Management invest in?
At the end of its last fiscal year, Sandia Wealth Management’s separately managed accounts held 47% registered funds (mutual funds, ETFs, BDCs), 31% exchange-traded equities, 12% cash and equivalents, 5% U.S. government and agency bonds and 5% 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
Does Sandia Wealth Management have a minimum investment?
Yes, Sandia Wealth Management’s minimum account size for its Portfolio Management Services is $100K.
Who owns Sandia Wealth Management?
Sandia Wealth Management’s direct owner is Peter Lehrman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does Sandia Wealth Management get paid?
Sandia Wealth Management is paid through a percentage of assets under management and hourly charges. 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 Sandia Wealth Management?
Sandia Wealth Management’s main office is at 9201 Montgomery Ne Suite 401, Albuquerque, NM 87111. Its phone number is 505-296-1100. Its website is sandiawealth.com.