Wealth manager, independent · Lehi, UT
Tanara Wealth Management LLC
SEC-registered investment adviser · CRD 340174 · SEC 801-135541
At a glance
Tanara Wealth Management LLC is an SEC-registered investment adviser based in Lehi, Utah, with $1.1B in regulatory assets under management as of its Form ADV filed August 10, 2026. It reports 366 individual clients, 114 of them high-net-worth, holding an average of about $2.4 million each, and 15 employees. That ranks it 1007th among the nation’s 5,657 independent wealth management RIAs and 17th of 85 in Utah. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
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Main office 801-653-0564tanarawm.comAs filed on Form ADV
- Regulatory AUM
- $1.1B
- Rank among independent wealth managers
- #1,007 of 5,657
- Rank among all SEC RIAs
- #5,102 of 17,210
- Rank in Utah
- #17 of 85
- Individual clients
- 366
- High-net-worth clients
- 114
- Accounts
- 2,612
- Discretionary
- 45% of AUM
- Employees
- 15
- Advisory staff
- 5
- Offices
- 3
Owners and executives on its Form ADV
- Penny G. PaulChief Compliance Officer
- James B. BellistonFounding Partner
- Roger Z. LoweFounding Partner, CEO
- Walter J. GriffinPresident
Custody and brokerage
Broker-dealer
No broker-dealer ties
Tanara Wealth Management 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 | 114 | $806M | 74% |
| Corporations or other businesses | 23 | $184M | 17% |
| Individuals | 252 | $91M | 8% |
| Insurance companies | 1 | $13M | 1% |
Disciplinary disclosures
Tanara Wealth Management LLC answers yes to 1 disclosure item in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). 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
- 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 ↗tanarawm.com ↗
AtlasMembers
The full record on Tanara Wealth Management 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, 1 years of filings
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- Growth over one, three and five years
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- Rank against 3,319 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 Utah
All of Utah →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Iron Gate Global AdvisorsNorth Salt Lake | $1.3B | 1,760 |
| Andina AdvisorsLogan | $1.3B | 632 |
| Three Seasons WealthSalt Lake City | $1.2B | 372 |
Background
Questions
How much does Tanara Wealth Management LLC manage?
Tanara Wealth Management LLC reports $1.1B in regulatory assets under management across 2,612 accounts, 45% of it on a discretionary basis, on its Form ADV filed August 10, 2026.
How many clients does Tanara Wealth Management LLC have?
It reports 366 individual clients: 114 high-net-worth individuals and 252 other individuals. Individuals account for about 82% of its regulatory assets.
Where is Tanara Wealth Management LLC headquartered?
Its main office is in Lehi, Utah. It reports 3 offices in total and 15 employees, 5 of whom perform investment advisory functions.
How does Tanara Wealth Management LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; 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 Tanara Wealth Management LLC use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed August 10, 2026, it reports these amounts held: Charles Schwab ($514M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Tanara Wealth Management LLC a hybrid RIA with a broker-dealer?
Tanara Wealth Management LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Tanara Wealth Management LLC a fiduciary?
As an SEC-registered investment adviser, Tanara Wealth Management 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 Tanara Wealth Management 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 (2026-08-10), 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 →