{"url":"https://nivawealth.com/firms/sapere-wealth-management-119598","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/119598","regulatoryAum":604819704,"crd":"119598","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2664035","suffix":null,"lastName":"Brooks","firstName":"Joseph","middleName":"M"},{"crd":"4496330","suffix":null,"lastName":"BURTON","firstName":"JEFFREY","middleName":"HOWELL"},{"crd":"1254193","suffix":"JR","lastName":"DIXON","firstName":"CARLTON","middleName":"ELMER"},{"crd":"4342252","suffix":null,"lastName":"FOCHT","firstName":"KATHLEEN","middleName":"M"},{"crd":"5729854","suffix":null,"lastName":"HOPKINS","firstName":"LOUISE","middleName":"COBB"},{"crd":"2719253","suffix":null,"lastName":"SPEAR","firstName":"MATTHEW","middleName":"WILLIAM"},{"crd":"1298222","suffix":null,"lastName":"TREASE","firstName":"SCOTT","middleName":"PATRICK"},{"crd":"6111896","suffix":null,"lastName":"WELLS","firstName":"KEVIN","middleName":"ASHTON"}],"total":8,"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":"2021-03-31","regulatoryAum":267927650,"clients":214,"employees":9,"offices":2},{"filedOn":"2022-03-25","regulatoryAum":303639981,"clients":216,"employees":7,"offices":2},{"filedOn":"2023-06-08","regulatoryAum":337119292,"clients":227,"employees":7,"offices":2},{"filedOn":"2024-07-17","regulatoryAum":345086282,"clients":234,"employees":7,"offices":2},{"filedOn":"2025-03-21","regulatoryAum":346213230,"clients":252,"employees":7,"offices":2},{"filedOn":"2026-03-13","regulatoryAum":604819704,"clients":240,"employees":7,"offices":2}],"secFileNumber":"801-61056","legalName":"Sapere Wealth Management, LLC","displayName":"Sapere Wealth Management","slug":"sapere-wealth-management-119598","website":"https://sapere.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2002","organization":"North Carolina limited liability company","fiscalYearEnd":"December","headquarters":{"street":"130 Matthews Station St., Suite 2a","city":"Matthews","state":"NC","stateName":"North Carolina","country":"United States","postalCode":"28105"},"tradeNames":[],"registration":{"secApproved":"5 April 2002","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2536463.140969163,"staff":{"employees":7,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":604819704,"discretionary":604819704,"discretionaryAccounts":240,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":78,"regulatoryAum":47642260},{"label":"High-net-worth individuals","clients":149,"regulatoryAum":528134873},{"label":"Pension and profit-sharing plans","clients":4,"fewerThan5":true,"regulatoryAum":15095783},{"label":"Charitable organizations","clients":6,"regulatoryAum":13290668},{"label":"Corporations and other businesses","clients":3,"regulatoryAum":656120}],"feePrograms":[{"role":"main","program":"Investment Management Fee","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018920","versionId":1018920,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-13","documentName":"SAPERE WEALTH MANAGEMENT - PART 2A","fee_rate_low":1,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning and Consulting","summary":"Standalone financial planning and consulting is a fixed fee, generally $1,000 to $15,000, and/or an hourly fee of $125 to $500, negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018920","versionId":1018920,"submittedOn":"2026-03-13","documentName":"SAPERE WEALTH MANAGEMENT - PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T08:44:09.106076+00:00","documents":[{"name":"SAPERE WEALTH MANAGEMENT - PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018920","versionId":1018920,"submittedOn":"2026-03-13"}]},"custodians":[{"name":"Axos Clearing LLC","shortName":"Axos Clearing","location":"Omaha, NE","smaAssets":202883986}],"custodyNote":"Sapere Wealth Management has custody of $211M in client assets for 6 clients.","leadership":[{"name":"Paul Borrelli","title":"Chief Operating Officer; Chief Compliance Officer","crd":"1268088"},{"name":"Matthew Spear","title":"Co-Chief Operating Officer","crd":"2719253"},{"name":"Scott Trease","title":"Managing Member","crd":"1298222"},{"name":"Lisa Trease","title":"Member","crd":"5908042"}],"ownership":[{"label":"Scott Trease","detail":"Managing member in the 75% or more ownership band and a control person, since February 2002."},{"label":"Lisa Trease","detail":"Member in the 25% to 50% ownership band and a control person, since August 2010."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"North Carolina","offices":1,"addresses":[{"street":"130 Matthews Station St., Suite 2a","city":"Matthews","headquarters":true}]},{"state":"Virginia","offices":1,"addresses":[{"street":"1 Boars Head Pointe","city":"Charlottesville"}]}],"brochureServices":["education planning","estate planning","insurance","philanthropic planning","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"704-321-5244","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":31},{"label":"Securities issued by registered investment companies or business development companies","percent":28},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":35},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":6},"sources":{"adv1FilingDate":"13 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/119598/PDF/119598.pdf","brochureDate":"13 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018920","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 Sapere Wealth Management have?","answer":"Sapere Wealth Management has 240 clients and manages $605 million for them, as of March 2026. They include 149 high-net-worth individuals, 78 individual clients and 6 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 13 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Sapere Wealth Management offer?","answer":"Sapere Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, education planning, estate planning, insurance, philanthropic planning, and tax planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Sapere Wealth Management charge?","answer":"Sapere Wealth Management charges 1.00% a year for its Investment Management Fee. The fee is billed in arrears and is negotiable.","source":"SAPERE WEALTH MANAGEMENT - PART 2A, filed 13 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Sapere Wealth Management use?","answer":"Sapere Wealth Management’s separately managed account assets are held at Axos Clearing LLC (Omaha, NE), with $203M. 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 Sapere Wealth Management have?","answer":"Sapere Wealth Management has 4 investment adviser representatives registered with state securities authorities, out of 7 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Sapere Wealth Management invest in?","answer":"At the end of its last fiscal year, Sapere Wealth Management’s separately managed accounts held 35% pooled vehicles (private funds and similar), 31% exchange-traded equities, 28% registered funds (mutual funds, ETFs, BDCs) and 4% cash and equivalents. It advises 6 private funds.","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 Sapere Wealth Management?","answer":"Sapere Wealth Management’s direct owners are Scott Trease (75% or more) and Lisa Trease (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 13 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Sapere Wealth Management get paid?","answer":"Sapere Wealth Management is paid through a percentage of assets under management 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":"Is Sapere Wealth Management registered with the SEC?","answer":"Yes, Sapere Wealth Management has been registered with the SEC as an investment adviser since 5 April 2002. Its CRD number is 119598 and its SEC file number is 801-61056.","source":"Form ADV Part 1A, Item 1, filed 13 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Sapere Wealth Management?","answer":"Sapere Wealth Management’s main office is at 130 Matthews Station St., Suite 2a, Matthews, NC 28105. Its phone number is 704-321-5244. Its website is sapere.com.","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."}