Wealth manager, independent · Omaha, NE
Private Wealth Asset Management
Private Wealth Asset Management, LLC · SEC-registered investment adviser · CRD 315819 · SEC 801-122065
At a glance
Private Wealth Asset Management is an SEC-registered investment adviser based in Omaha, Nebraska, with $2.5B in regulatory assets under management as of its Form ADV filed September 23, 2026. It reports 559 individual clients, 406 of them high-net-worth, holding an average of about $4.5 million each, and 32 employees. That ranks it 445th among the nation’s 5,657 independent wealth management RIAs and 6th of 41 in Nebraska. It reports Fidelity Distributors Company as the custodian for its clients’ separately managed accounts.
Main office 402-227-4208privatewealth.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.5B
- Rank among independent wealth managers
- #445 of 5,657
- Rank among all SEC RIAs
- #3,155 of 17,210
- Rank in Nebraska
- #6 of 41
- Individual clients
- 559
- High-net-worth clients
- 406
- Accounts
- 2,268
- Discretionary
- 100% of AUM
- Employees
- 32
- Advisory staff
- 22
- Offices
- 7
Owners and executives on its Form ADV
- Kimberly L. CappellanoChief Executive Officer
- Brett W. HalleyChief Investment Officer
- WENDY M. BrekkenPresident
- Matthew P. MurrayChief Compliance Officer
Custody and brokerage
Broker-dealer
Broker-dealer named in its brochure
Private Wealth Asset Management reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Its Form ADV brochure (filed April 2026) names Purshe Kaplan Sterling Investments, an unaffiliated broker-dealer, as the broker-dealer its advisers are registered with.
Other Compensation Some of Private Wealth's representatives are Registered Representatives of Purshe Kaplan Sterling Investments, Inc.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 406 | $2.5B | 98% |
| Individuals | 153 | $62M | 2% |
Disciplinary disclosures
Private Wealth Asset 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
- Portfolio management for pooled investment vehicles
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗privatewealth.com ↗
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The full record on Private Wealth Asset 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, 4 years of filings
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- Growth over one, three and five years
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- Rank against 1,598 peers of its type and size
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- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Nebraska
All of Nebraska →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Avior Wealth Management, LLCOmaha | $6.5B | 4,775 |
| Lutz FinancialOmaha | $3.2B | 845 |
| Pittenger & Anderson IncLincoln | $3.0B | 894 |
| Wealthplan Investment Management LLCOmaha | $2.2B | 2,068 |
| Allen Capital Group, LLCGrand Island | $1.5B | 2,189 |
| Wealthplan PartnersOmaha | $1.1B | 1,677 |
Background
Questions
How much does Private Wealth Asset Management manage?
Private Wealth Asset Management reports $2.5B in regulatory assets under management across 2,268 accounts, 100% of it on a discretionary basis, on its Form ADV filed September 23, 2026.
How many clients does Private Wealth Asset Management have?
It reports 559 individual clients: 406 high-net-worth individuals and 153 other individuals. Individuals account for about 100% of its regulatory assets.
Where is Private Wealth Asset Management headquartered?
Its main office is in Omaha, Nebraska. It reports 7 offices in total and 32 employees, 22 of whom perform investment advisory functions.
How does Private Wealth Asset Management charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; 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 Private Wealth Asset Management use?
It reports Fidelity Distributors Company as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed September 23, 2026, it reports these amounts held: Fidelity Distributors Company ($2.5B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Private Wealth Asset Management a hybrid RIA with a broker-dealer?
Private Wealth Asset Management reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Private Wealth Asset Management a fiduciary?
As an SEC-registered investment adviser, Private Wealth Asset Management 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 Private Wealth Asset 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 (2026-09-23), 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 →