Sturman Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 26–50 clients last fiscal year.
Sturman Wealth Advisors reports 91 clients. They include 51 individual clients and 40 high-net-worth individuals. Of its assets, 100.0% ($116M across 282 accounts) are managed with discretion. Of its clients, 2% are outside the U.S. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 56% | 16% |
| High-net-worth individuals | 44% | 84% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 51 | $18.9M | 16.2% | $371K |
| High-net-worth individuals | 40 | $97.5M | 83.8% | $2.44M |
| Total | 91 | $116M | 100% | $1.28M |
- Clients
- 51
- Regulatory AUM
- $18.9M
- AUM share
- 16.2%
- Avg. per client
- $371K
- Clients
- 40
- Regulatory AUM
- $97.5M
- AUM share
- 83.8%
- Avg. per client
- $2.44M
Total
- Clients
- 91
- Regulatory AUM
- $116M
- AUM share
- 100%
- Avg. per client
- $1.28M
- Clients outside the U.S.
- 2%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Sturman Wealth Advisors is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Standalone Financial Planning
- Ongoing standalone financial planning fees range up to $7,500 per quarter, invoiced quarterly in advance.
Todd Sturman owns 75% or more of Sturman Wealth Advisors. The leadership team of Sturman Wealth Advisors includes Chief Compliance Officer Todd Sturman. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Sturman Wealth Advisors, LLC
Todd Sturman
Control person · since May 2024
Sturman Wealth Advisors’ regulatory assets grew Infinity× from $0 (June 2024) to $116M (February 2026); employees rose from 1 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $116M | 91 | 2 | 2 |
| Jan 2025January 2025 | $97.7M | 96 | 1 | 1 |
| Jun 2024June 2024 | $0 | 0 | 1 | 1 |
Besides its headquarters, Sturman Wealth Advisors has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
Virginia · 1 listed address
- 404 People Place, Suite 404, CharlottesvilleHQ
Contact and registration details
- Legal name
- Sturman Wealth Advisors, LLC
- Headquarters
- 404 People Place, Suite 404, Charlottesville, VA 22911
- Website
- sturmanwealth.com
- Phone
- 434-201-2255
- SEC file
- 801-130657
- Structure
- Virginia LLC
- Fiscal year end
- December
Sturman Wealth Advisors’ named custodian for separately managed accounts is Altruist ($96.6M). Sturman Wealth Advisors does not have custody of client assets.
- AltruistAltruist Financial LLC · Culver City, CA · $96.6M100%
At year end, Sturman Wealth Advisors’ separately managed accounts were mostly in stocks (80%) and funds (16%).
What the accounts hold
- Stocks80%
- Funds16%
- Bonds1%
- Cash3%
How many clients does Sturman Wealth Advisors have?
Sturman Wealth Advisors has 91 clients and manages $116 million for them, as of February 2026. They include 51 individual clients and 40 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 February 2026
What services does Sturman Wealth Advisors offer?
Sturman Wealth Advisors 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
Which custodians does Sturman Wealth Advisors use?
Sturman Wealth Advisors’ separately managed account assets are held at Altruist Financial LLC (Culver City, CA), with $96.6M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 February 2026
How many financial advisors does Sturman Wealth Advisors have?
Sturman Wealth Advisors 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
What does Sturman Wealth Advisors invest in?
At the end of its last fiscal year, Sturman Wealth Advisors’ separately managed accounts held 80% exchange-traded equities, 16% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Sturman Wealth Advisors?
Sturman Wealth Advisors’ direct owner is Todd Sturman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 February 2026
How does Sturman Wealth Advisors get paid?
Sturman Wealth Advisors 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
How do I contact Sturman Wealth Advisors?
Sturman Wealth Advisors’ main office is at 404 People Place, Suite 404, Charlottesville, VA 22911. Its phone number is 434-201-2255. Its website is sturmanwealth.com.