Wealth manager, independent · New Bern, NC
Bluesky Wealth Advisors, LLC
SEC-registered investment adviser · CRD 116760 · SEC 801-78583
At a glance
Bluesky Wealth Advisors, LLC is an SEC-registered investment adviser based in New Bern, North Carolina, with $1.0B in regulatory assets under management as of its Form ADV filed March 2, 2026. It reports 350 individual clients, 248 of them high-net-worth, holding an average of about $2.9 million each, and 14 employees. That ranks it 1102nd among the nation’s 5,657 independent wealth management RIAs and 28th of 160 in North Carolina. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 252-633-0107blueskywa.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.0B
- Rank among independent wealth managers
- #1,102 of 5,657
- Rank among all SEC RIAs
- #5,375 of 17,210
- Rank in North Carolina
- #28 of 160
- Individual clients
- 350
- High-net-worth clients
- 248
- Accounts
- 1,716
- Discretionary
- 100% of AUM
- Employees
- 14
- Advisory staff
- 9
- Offices
- 5
Owners and executives on its Form ADV
- David L. BlainManaging Member, Chief Compliance Officer, Chief Executive Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Bluesky Wealth Advisors, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 248 | $948M | 94% |
| Individuals | 102 | $55M | 6% |
| Corporations or other businesses | 1 | $1M | <1% |
Disciplinary disclosures
Bluesky Wealth Advisors, LLC 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
- Selecting other advisers
- Other services
How it’s paid
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗blueskywa.com ↗
AtlasMembers
The full record on Bluesky Wealth Advisors, LLC
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
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- Growth over one, three and five years
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- Rank against 3,529 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
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- 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.
Similar-size RIAs in North Carolina
All of North Carolina →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Cardinal Capital Management IncRaleigh | $1.0B | 287 |
| Capital Investment Counsel IncRaleigh | $1.0B | 1,221 |
| Verum Partners LLCCharlotte | $1.0B | 361 |
Background
Questions
How much does Bluesky Wealth Advisors, LLC manage?
Bluesky Wealth Advisors, LLC reports $1.0B in regulatory assets under management across 1,716 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 2, 2026.
How many clients does Bluesky Wealth Advisors, LLC have?
It reports 350 individual clients: 248 high-net-worth individuals and 102 other individuals. Individuals account for about 100% of its regulatory assets.
Where is Bluesky Wealth Advisors, LLC headquartered?
Its main office is in New Bern, North Carolina. It reports 5 offices in total and 14 employees, 9 of whom perform investment advisory functions.
How does Bluesky Wealth Advisors, LLC charge clients?
On Form ADV it lists these forms of compensation: hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Bluesky Wealth Advisors, LLC use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed March 2, 2026, it reports these amounts held: Charles Schwab ($901M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Bluesky Wealth Advisors, LLC a hybrid RIA with a broker-dealer?
Bluesky Wealth Advisors, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Bluesky Wealth Advisors, LLC a fiduciary?
As an SEC-registered investment adviser, Bluesky Wealth Advisors, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Bluesky Wealth Advisors, LLC’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 (2026-03-02), 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). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. 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 →