Wealth manager, wrap-program sponsor · Bellevue, WA
Boone Wealth Advisors, LLC
SEC-registered investment adviser · CRD 116682 · SEC 801-81073
At a glance
Boone Wealth Advisors, LLC is an SEC-registered investment adviser based in Bellevue, Washington, with $507 million in regulatory assets under management as of its Form ADV filed March 27, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 305 individual clients. By Form ADV it is a wealth manager (wrap-program sponsor), ranked 2,869th of 8,915 wealth managers and 7,775th of 17,210 SEC-registered advisers by assets.
Main office 425-462-6406boonewealth.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $507M
- Rank among wealth managers
- #2,869 of 8,915
- Rank among all SEC RIAs
- #7,775 of 17,210
- Rank in Washington
- #95 of 271
- Individual clients
- 305
- High-net-worth clients
- 178
- Accounts
- 554
- Discretionary
- 100% of AUM
- Employees
- 9
- Advisory staff
- 4
- Offices
- 1
Owners and executives on its Form ADV
- Michael W. BooneFounder
- Shawn M. NelsonChief Compliance Officer & Managing Member
- Sterling T. MonroeMember
Custody and brokerage
Broker-dealer
Hybrid RIA
Boone Wealth Advisors, LLC is a hybrid RIA: 3 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names LPL Financial as the broker-dealer its advisers are registered with.
Commissionable Securities Sales In order to sell securities for a commission, our supervised persons are registered representatives of LPL Financial, LLC, member FINRA/SIPC.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 178 | $472M | 93% |
| Individuals | 127 | $24M | 5% |
| Charitable organizations | – | $6M | 1% |
| Pension and profit sharing plans | – | $3M | <1% |
| Corporations or other businesses | – | $2M | <1% |
Disciplinary disclosures
Boone 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
- Portfolio management for businesses and institutions
- Pension consulting
- 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 ↗boonewealth.com ↗
AtlasMembers
The full record on Boone 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 5,431 peers of its type and size
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- Owners and executives, with titles and stakes
- 3 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 1Locked
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Background
Questions
How much does Boone Wealth Advisors, LLC manage?
Boone Wealth Advisors, LLC reports $507 million in regulatory assets under management across 554 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 27, 2026.
What kind of firm is Boone Wealth Advisors, LLC?
Boone Wealth Advisors, LLC 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 Boone Wealth Advisors, LLC’s clients?
By assets, its largest client types are high-net-worth individuals ($472 million, 178 clients); individuals ($24 million, 127 clients); charitable organizations ($6 million).
Does Boone Wealth Advisors, LLC have any disciplinary history?
Boone Wealth Advisors, LLC 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 Boone 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 (2026-03-27), 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 →