Wealth manager, independent · Traverse City, MI
Black Walnut Wealth Management
Black Walnut Wealth Management, LLC · SEC-registered investment adviser · CRD 337606 · SEC 801-134160
At a glance
Black Walnut Wealth Management is an SEC-registered investment adviser based in Traverse City, Michigan, with $137 million in regulatory assets under management as of its Form ADV filed May 14, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 86 individual clients. By Form ADV it is a wealth manager, ranked 7,232nd of 8,915 wealth managers and 14,133rd of 17,210 SEC-registered advisers by assets.
Main office 231-421-7711blackwalnutwm.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $137M
- Rank among wealth managers
- #7,232 of 8,915
- Rank among all SEC RIAs
- #14,133 of 17,210
- Rank in Michigan
- #265 of 305
- Individual clients
- 86
- High-net-worth clients
- 40
- Accounts
- 272
- Discretionary
- 100% of AUM
- Employees
- 2
- Advisory staff
- 1
- Offices
- 1
Owners and executives on its Form ADV
- Erickson R. BraundFounder, Chief Compliance Officer, CFO
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 40 | $117M | 86% |
| Individuals | 46 | $19M | 14% |
| Corporations or other businesses | – | $0M | <1% |
Disciplinary disclosures
Black Walnut Wealth Management 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
- Periodicals or newsletters
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗blackwalnutwm.com ↗
AtlasMembers
The full record on Black Walnut Wealth Management
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, 1 years of filings
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- Growth over one, three and five years
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- Rank against 5,165 peers of its type and size
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- Owners and executives, with titles and stakes
- 1 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Black Walnut Wealth Management manage?
Black Walnut Wealth Management reports $137 million in regulatory assets under management across 272 accounts, 100% of it on a discretionary basis, on its Form ADV filed May 14, 2026.
What kind of firm is Black Walnut Wealth Management?
Black Walnut Wealth Management 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 Black Walnut Wealth Management’s clients?
By assets, its largest client types are high-net-worth individuals ($117 million, 40 clients); individuals ($19 million, 46 clients); corporations or other businesses ($306,861).
Does Black Walnut Wealth Management have any disciplinary history?
Black Walnut Wealth Management 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 Black Walnut Wealth Management’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 (2026-05-14), 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 →