{"url":"https://nivawealth.com/firms/sturman-wealth-advisors-331560","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/331560","regulatoryAum":116420349,"crd":"331560","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6398850","suffix":null,"lastName":"Cranford","firstName":"Howard","middleName":"Jay"},{"crd":"2974713","suffix":null,"lastName":"STURMAN","firstName":"TODD","middleName":"ANTHONY"}],"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":"2024-06-11","regulatoryAum":0,"clients":0,"employees":1,"offices":1},{"filedOn":"2025-01-27","regulatoryAum":97665969,"clients":96,"employees":1,"offices":1},{"filedOn":"2026-02-26","regulatoryAum":116420349,"clients":91,"employees":2,"offices":2}],"secFileNumber":"801-130657","legalName":"Sturman Wealth Advisors, LLC","displayName":"Sturman Wealth 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BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T17:45:45.766361+00:00","documents":[{"name":"STURMAN WEALTH ADVISORS DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012472","versionId":1012472,"submittedOn":"2026-02-26"}]},"custodians":[{"name":"Altruist Financial LLC","shortName":"Altruist","location":"Culver City, CA","smaAssets":96591211}],"custodyNote":"Sturman Wealth Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Todd Sturman","title":"Owner and Chief Compliance Officer","crd":"2974713"}],"ownership":[{"label":"Todd Sturman","detail":"Owner and chief compliance officer in the 75% or more ownership band and a control person, since May 2024."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Virginia","offices":1,"addresses":[{"street":"404 People Place, Suite 404","city":"Charlottesville","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"434-201-2255","stateRegisteredReps":2,"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","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"26-50","assetMix":[{"label":"Exchange-traded equity securities","percent":80},{"label":"U.S. state and local bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":16},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"26 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/331560/PDF/331560.pdf","brochureDate":"26 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012472","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 Sturman Wealth Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Sturman Wealth Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Sturman Wealth Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Sturman Wealth Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Sturman Wealth Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Sturman Wealth Advisors?","answer":"Sturman Wealth Advisors’ direct owner is Todd Sturman (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 26 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Sturman Wealth Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Sturman Wealth Advisors?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 26 February 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."}