Wealth manager, independent · Gilbert, AZ
Watts Gwilliam & Company, LLC
SEC-registered investment adviser · CRD 131458 · SEC 801-63078
At a glance
Watts Gwilliam & Company, LLC is an SEC-registered investment adviser based in Gilbert, Arizona, with $1.0B in regulatory assets under management as of its Form ADV filed July 28, 2026. It reports 503 individual clients, 458 of them high-net-worth, holding an average of about $2.0 million each, and 9 employees. That ranks it 1071st among the nation’s 5,657 independent wealth management RIAs and 21st of 125 in Arizona. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity.
Main office 480-889-8998wattsgwilliam.comAs filed on Form ADV
- Regulatory AUM
- $1.0B
- Rank among independent wealth managers
- #1,071 of 5,657
- Rank among all SEC RIAs
- #5,290 of 17,210
- Rank in Arizona
- #21 of 125
- Individual clients
- 503
- High-net-worth clients
- 458
- Accounts
- 1,208
- Discretionary
- 100% of AUM
- Employees
- 9
- Advisory staff
- 6
- Offices
- 1
Owners and executives on its Form ADV
- Jeffrey S. WattsMember, Chief Compliance Officer
- Daniel B. GwilliamMember
- David B. WattsMember
Custody and brokerage
Broker-dealer
No broker-dealer ties
Watts Gwilliam & Company, 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 | 458 | $973M | 94% |
| Pension and profit sharing plans | 6 | $30M | 3% |
| Pooled investment vehicles | 4 | $20M | 2% |
| Individuals | 45 | $8M | <1% |
| Charitable organizations | 1 | $1M | <1% |
Private funds
Watts Gwilliam & Company, LLC reports 3 private funds with $8M in gross assets: private equity funds, real estate funds (Form ADV Item 7.B).
Disciplinary disclosures
Watts Gwilliam & Company, 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 pooled investment vehicles
- Portfolio management for businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗wattsgwilliam.com ↗
AtlasMembers
The full record on Watts Gwilliam & Company, 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 3,452 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
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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 Arizona
All of Arizona →| Firm | Regulatory AUM | Clients |
|---|---|---|
| ARQ Wealth Advisors, LLCScottsdale | $1.2B | 597 |
| Balboa Wealth Partners, Inc.Scottsdale | $1.1B | 1,084 |
| GR Financial Group, LLCTucson | $1.1B | 1,548 |
Background
Questions
How much does Watts Gwilliam & Company, LLC manage?
Watts Gwilliam & Company, LLC reports $1.0B in regulatory assets under management across 1,208 accounts, 100% of it on a discretionary basis, on its Form ADV filed July 28, 2026.
How many clients does Watts Gwilliam & Company, LLC have?
It reports 503 individual clients: 458 high-net-worth individuals and 45 other individuals. Individuals account for about 95% of its regulatory assets.
Where is Watts Gwilliam & Company, LLC headquartered?
Its main office is in Gilbert, Arizona. It reports 1 office in total and 9 employees, 6 of whom perform investment advisory functions.
How does Watts Gwilliam & Company, LLC 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 Watts Gwilliam & Company, LLC use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity. On Schedule D of its Form ADV filed July 28, 2026, it reports these amounts held: Charles Schwab ($550M); Fidelity ($0M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Watts Gwilliam & Company, LLC a hybrid RIA with a broker-dealer?
Watts Gwilliam & Company, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Watts Gwilliam & Company, LLC a fiduciary?
As an SEC-registered investment adviser, Watts Gwilliam & Company, 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 Watts Gwilliam & Company, 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 (2026-07-28), 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 →