Wealth manager, independent · Rapid City, SD
Applied Financial Wisdom
Alliance of Wealth Advisors, LLC · SEC-registered investment adviser · CRD 164428 · SEC 801-135135
At a glance
Applied Financial Wisdom is an SEC-registered investment adviser based in Rapid City, South Dakota, with $130 million in regulatory assets under management as of its Form ADV filed March 9, 2026. Its largest client group by assets is individuals, and it reports 151 individual clients. By Form ADV it is a wealth manager, ranked 7,404th of 8,915 wealth managers and 14,349th of 17,210 SEC-registered advisers by assets.
Main office 301-570-8006appliedfinancialwisdom.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $130M
- Rank among wealth managers
- #7,404 of 8,915
- Rank among all SEC RIAs
- #14,349 of 17,210
- Rank in South Dakota
- #13 of 14
- Individual clients
- 151
- High-net-worth clients
- 1
- Accounts
- 322
- Discretionary
- 69% of AUM
- Employees
- 1
- Advisory staff
- 1
- Offices
- 1
Owners and executives on its Form ADV
- Christopher M. RuspiManaging Member & Chief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Applied Financial Wisdom is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names LPL Financial, an unaffiliated broker-dealer, as the broker-dealer its advisers are registered with.
In order to sell securities for a commission, our supervised persons are registered representatives of LPL Financial LLC, a registered broker-dealer and member FINRA/SIPC (“LPL Financial”).
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Individuals | 150 | $85M | 65% |
| High-net-worth individuals | 1 | $45M | 35% |
| Corporations or other businesses | 1 | $0M | <1% |
Disciplinary disclosures
Applied Financial Wisdom reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗appliedfinancialwisdom.com ↗
AtlasMembers
The full record on Applied Financial Wisdom
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
- Locked
- Growth over one, three and five years
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- Rank against 5,015 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 1 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Applied Financial Wisdom manage?
Applied Financial Wisdom reports $130 million in regulatory assets under management across 322 accounts, 69% of it on a discretionary basis, on its Form ADV filed March 9, 2026.
What kind of firm is Applied Financial Wisdom?
Applied Financial Wisdom is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Applied Financial Wisdom’s clients?
By assets, its largest client types are individuals ($85 million, 150 clients); high-net-worth individuals ($45 million, 1 clients); corporations or other businesses ($250,000, 1 clients).
Does Applied Financial Wisdom have any disciplinary history?
Applied Financial Wisdom reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Applied Financial Wisdom’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-09), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →