DFX Intelligence

Data Factory

RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

BOULDER WEALTH ADVISORS, LLC

CRD 115069

BOULDER, CO

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:f1848f35-2846-9f9e-10e9-d1c7f7e10c8f

Data as of Jul 31, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 4:05 AM UTC and rebuilt at most every 15 minutes.

Relationships: 4
Dated events: 3
On other graphs: 0
Observed: Feb 2, 2012 to Jul 31, 2026
26 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $338MItem 5.F on the latest filing (2026-07-31); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $338M
Private client RAUM: $334MderivedItem 5.D individuals plus high net worth individuals
Private client share: 99%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 2
RAUM per advisor: $169Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 4
Advisory employees: 2
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 528
Individual clients: 75
High net worth clients: 99
Custody, client assets: $47.8M
SEC number: 801-79267
CRD: 115069
Filings on the tape: 26
First filed: Feb 2, 2012
Latest filed: Jul 31, 2026
Organised: Limited Liability Company, CO
Website: boulderwealthadvisors.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
GARY ROSS SHIRMAN	Chartered Financial Consultant	BOULDER, CO	24	32	n/a	no
MICHAEL WILLIAM HAKE	Certified Financial Planner	BOULDER, CO	5	19	n/a	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
HAKE, MICHAEL, WILLIAM	MANAGING PARTNER, CHIEF COMPLIANCE OFFICER	C	yes	02/2021	Feb 1, 2021	Mar 6, 2024
SHIRMAN, GARY, ROSS	MANAGING PARTNER	D	yes	01/2021	Feb 2, 2012	Mar 6, 2024

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 11, 2026	$338M	$338M	4	2	0	n/a	n/a
2024	Feb 26, 2025	$291M	$291M	3	2	0	n/a	n/a
2023	Mar 6, 2024	$246M	$246M	3	2	0	n/a	n/a
2022	Jan 31, 2023	$181M	$181M	3	2	0	n/a	n/a
2021	Jan 20, 2022	$183M	$183M	4	3	0	n/a	n/a
2020	Feb 15, 2021	$156M	$156M	4	3	0	n/a	n/a
2019	Feb 18, 2020	$140M	$140M	3	2	0	n/a	n/a
2018	Mar 14, 2019	$124M	$124M	3	2	0	n/a	n/a
2017	Mar 29, 2018	$124M	$124M	3	2	0	n/a	n/a
2016	Mar 7, 2017	$114M	$114M	3	2	n/a	n/a	n/a
2015	Mar 4, 2016	$104M	$104M	3	2	n/a	n/a	n/a
2014	Mar 13, 2015	$117M	$117M	3	2	n/a	n/a	n/a
2013	Mar 17, 2014	$108M	$0	3	2	n/a	n/a	n/a
2011	Feb 2, 2012	$80.0M	$80.0M	n/a	n/a	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$338M	$291M	16.1%	$181M	23.1%	4	3	0	0

Relationships

Registered with (2)

← MICHAEL WILLIAM HAKEAdvisorregistration: current employment
Feb 1, 2021 to presentfactForm ADV
← GARY ROSS SHIRMANAdvisorregistration: current employment
Oct 16, 2001 to presentfactForm ADV

Controls (2)

← SHIRMAN, GARY, ROSSOwnerMANAGING PARTNER, ownership code D, individual
Feb 2, 2012 to Mar 6, 2024factForm ADV
← HAKE, MICHAEL, WILLIAMOwnerMANAGING PARTNER, CHIEF COMPLIANCE OFFICER, ownership code C, individual
Feb 1, 2021 to Mar 6, 2024factForm ADV

Dated events

Occurred
Jan 20, 2022
Control person left
Carl Roy Ludwick (Managing Partner) no longer on Schedule A of Boulder Wealth Advisors, Llc (listed 2021-02-17, absent 2022-01-20)
Form ADVobserved 6 days ago
Occurred
Feb 1, 2021
Control person joined
William Michael Hake (Managing Partner) appeared on Schedule A of Boulder Wealth Advisors, Llc
Form ADVobserved 6 days ago
Occurred
Feb 21, 2014
First Form ADV filing
Ludwick & Shirman filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:f1848f35-2846-9f9e-10e9-d1c7f7e10c8f
First observed: Feb 2, 2012
Last observed: Jul 31, 2026 52 days ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

BOULDER WEALTH ADVISORS, LLC

CRD 115069

BOULDER, CO

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:f1848f35-2846-9f9e-10e9-d1c7f7e10c8f

Data as of Jul 31, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 4:05 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

GARY ROSS SHIRMAN

Chartered Financial Consultant

BOULDER, CO

n/a

MICHAEL WILLIAM HAKE

Certified Financial Planner

BOULDER, CO

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

HAKE, MICHAEL, WILLIAM

MANAGING PARTNER, CHIEF COMPLIANCE OFFICER

yes

02/2021

Feb 1, 2021

Mar 6, 2024

SHIRMAN, GARY, ROSS

MANAGING PARTNER

yes

01/2021

Feb 2, 2012

Mar 6, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 11, 2026

$338M

n/a

2024

Feb 26, 2025

$291M

n/a

2023

Mar 6, 2024

$246M

n/a

2022

Jan 31, 2023

$181M

n/a

2021

Jan 20, 2022

$183M

n/a

2020

Feb 15, 2021

$156M

n/a

2019

Feb 18, 2020

$140M

n/a

2018

Mar 14, 2019

$124M

n/a

2017

Mar 29, 2018

$124M

n/a

2016

Mar 7, 2017

$114M

n/a

2015

Mar 4, 2016

$104M

n/a

2014

Mar 13, 2015

$117M

n/a

2013

Mar 17, 2014

$108M

n/a

2011

Feb 2, 2012

$80.0M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$338M

$291M

16.1%

$181M

23.1%