DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Bw & Associates, Inc.
Legal name Bonnie Wusz & Associates, Inc.
Latest filing Aug 27, 2026
First filing on the tape Aug 8, 2016 · 21 filings
SEC status approved since Sep 1, 2016
RAUM
$693M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
100%
$693M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$346M
derived; firm RAUM over IAPD count
Employees
5
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$693M as of Aug 27, 2026
Feb 15, 2017$168M then
HNW client RAUM$453M as of Aug 27, 2026
Mar 15, 2018$239M then
State-registered IARs (5.B.3)2 as of Aug 27, 2026
Feb 15, 20173 then
Employees (5.A)5 as of Aug 27, 2026
Feb 15, 20174 then
Private funds: no history
RAUM +13% over the last fiscal year+16% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Aug 27, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $346MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 265derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.9MderivedHNW RAUM over HNW clients
- Average account
- $563,702derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 0.0%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.5derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +13%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +35%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$453M65%
- Individuals$240M35%
- Individual clients
- 373reported
- HNW clients
- 156reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1,229reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Bonnie Sue WuszCertified Financial Planner | Orange, Ca | Nov 30, 1990 | 43 y | 2 |
| Laurel Anne Hackett | Orange, Ca | Aug 5, 2014 | 27 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Sarah C Bevins to Money Concepts Advisory ServiceAug 13, 2020 · RIA to affiliated broker-dealer or bank
- Jennifer H. Shin to J.P. Morgan Securities LLCMay 7, 2015 · Other
Joined, latest
- Sarah C Bevins from LPL Financial LLCJul 14, 2015 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Anne Laurel Hackett · Financial Advisorcontrolsince 01/2020 · owns less than 5%
- Sue Bonnie Wusz · President (Secretary And Cfo)controlsince 06/1991 · owns less than 5%
- Nmn Timothy Wusz · Vice Presidentcontrolsince 06/1991 · owns less than 5%
- Sue Bonnie Wusz · Trusteecontrolsince 06/1991 · owns 50% to 75% of Wusz Family Trust Dtd 6/4/1991
- Nmn Timothy Wusz · Trusteecontrolsince 06/1991 · owns 50% to 75% of Wusz Family Trust Dtd 6/4/1991
- Louise Tina Mitchell · Chief Compliance Officersince 07/2021 · owns less than 5%
Entity owners
- Wusz Family Trust Dtd 6/4/1991 · Ownerdirect · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Orange, Ca · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- low discretionary shareStatic outlier · filing Aug 27, 2026discretionary share of RAUM of 0% against a peer median of 99% (1483 comparable advisers, 0.0th percentile, 33.5 robust deviations)peers: independent wealth managers, $500M to $1B (1,483) · 0.0% percentile
- HNW share shiftChange between filings · filing Jan 20, 2026HNW share of RAUM moved from 86.0% to 65.0% between the annual amendments of 2025-03-28 and 2026-01-20peers: independent wealth managers, $500M to $1B (1,483)
What changed
consecutive filings, newest first
- Individual clients · 215 to 373Nov 19, 2025 to Jan 20, 2026
- Employees · 6 to 5Nov 19, 2025 to Jan 20, 2026
- Accounts · 1,246 to 1,229Nov 19, 2025 to Jan 20, 2026
- HNW clients · 178 to 156Nov 19, 2025 to Jan 20, 2026
- HNW RAUM · $531M to $453MNov 19, 2025 to Jan 20, 2026
- Individual RAUM · $84.0M to $240MNov 19, 2025 to Jan 20, 2026
- Non-discretionary RAUM · $615M to $693MNov 19, 2025 to Jan 20, 2026
- RAUM · $615M to $693MNov 19, 2025 to Jan 20, 2026
- Accounts · 1,237 to 1,246Oct 11, 2024 to Mar 28, 2025
- HNW clients · 172 to 178Oct 11, 2024 to Mar 28, 2025
- Individual clients · 212 to 215Oct 11, 2024 to Mar 28, 2025
- Employees · 5 to 6Oct 11, 2024 to Mar 28, 2025
- Financial planning clients · 1-10 to 51-100Oct 11, 2024 to Mar 28, 2025
- HNW RAUM · $447M to $531MOct 11, 2024 to Mar 28, 2025
- Individual RAUM · $76.4M to $84.0MOct 11, 2024 to Mar 28, 2025
- Non-discretionary RAUM · $523M to $615MOct 11, 2024 to Mar 28, 2025
- RAUM · $523M to $615MOct 11, 2024 to Mar 28, 2025
- Accounts · 1,268 to 1,237Sep 8, 2023 to Mar 28, 2024
- HNW clients · 125 to 172Sep 8, 2023 to Mar 28, 2024
- Individual clients · 438 to 212Sep 8, 2023 to Mar 28, 2024
- HNW RAUM · $251M to $447MSep 8, 2023 to Mar 28, 2024
- Individual RAUM · $192M to $76.4MSep 8, 2023 to Mar 28, 2024
- Non-discretionary RAUM · $443M to $523MSep 8, 2023 to Mar 28, 2024
- RAUM · $443M to $523MSep 8, 2023 to Mar 28, 2024
- Accounts · 1,244 to 1,268Aug 12, 2022 to Mar 31, 2023
- HNW clients · 184 to 125Aug 12, 2022 to Mar 31, 2023
- Individual clients · 377 to 438Aug 12, 2022 to Mar 31, 2023
- HNW RAUM · $394M to $251MAug 12, 2022 to Mar 31, 2023
- Individual RAUM · $168M to $192MAug 12, 2022 to Mar 31, 2023
- Non-discretionary RAUM · $562M to $443MAug 12, 2022 to Mar 31, 2023
- RAUM · $562M to $443MAug 12, 2022 to Mar 31, 2023
- Accounts · 1,237 to 1,244Jul 16, 2021 to Mar 31, 2022
- BD registered reps · 4 to 3Jul 16, 2021 to Mar 31, 2022
- HNW clients · 165 to 184Jul 16, 2021 to Mar 31, 2022
- Individual clients · 206 to 377Jul 16, 2021 to Mar 31, 2022
- Employees · 6 to 5Jul 16, 2021 to Mar 31, 2022
- HNW RAUM · $416M to $394MJul 16, 2021 to Mar 31, 2022
- Individual RAUM · $83.0M to $168MJul 16, 2021 to Mar 31, 2022
- Non-discretionary RAUM · $499M to $562MJul 16, 2021 to Mar 31, 2022
- RAUM · $499M to $562MJul 16, 2021 to Mar 31, 2022
Signals
4 dated events
- Cheree Carrie Haarberg (Chief Compliance Officer) no longer on Schedule A of Bw & Associates, Inc. (listed 2021-03-16, absent 2021-07-16)Jul 16, 2021 · Control person left · inference
- Cheree Carrie Haarberg (Chief Compliance Officer) appeared on Schedule A of Bw & Associates, Inc.Feb 4, 2020 · Control person joined · fact
- Bw & Associates, Inc. reported RAUM $303.3M, up 80% from $168.1M (2017-11-01 to 2018-03-15)Mar 15, 2018 · RAUM change · derived
- Bw & Associates, Inc. filed its initial SEC registration (Form ADV)Aug 8, 2016 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business phone
- 714-998-2077reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 714-998-3573reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- BWANDASSOCIATESINC.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 714-998-2077reportedpublic record, Form ADV, Aug 27, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $346Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026