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

Boone Wealth Advisors, LLC

Independent wealth managerBellevue, WashingtonCRD 116682SEC 801-81073websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Feb 25, 2015 · 26 filings
SEC status approved since Mar 31, 2015
RAUM
$507M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$496M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$127M
derived; firm RAUM over IAPD count
Employees
9
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$507M as of Mar 27, 2026
Mar 29, 2016$142M then
HNW client RAUM$472M as of Mar 27, 2026
Mar 26, 2018$131M then
State-registered IARs (5.B.3)4 as of Mar 27, 2026
Mar 29, 20165 then
Employees (5.A)9 as of Mar 27, 2026
Mar 29, 20165 then
Private funds: no history
RAUM -21% over the last fiscal year+34% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$127MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
76derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.7MderivedHNW RAUM over HNW clients
Average account
$914,764derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.3derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-21%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-1.3%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Wrap fee program
$364MreportedItem 5.I
Custody
$57.2M, 117 clientsreportedItem 9.A
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)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$472M93%
  • Individuals$23.5M4.6%
  • Charitable organizations$5.7M1.1%
  • Pension and profit-sharing plans$2.8M0.5%
  • Corporations and businesses$2.3M0.4%
Individual clients
127reported
HNW clients
178reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
554reported
Financial planning clients
1-10reported
Wrap fee programs
$20.2M sponsored, $0 managedreported
Custody of client assets
$57.2M for 117 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Shawn Milton NelsonBellevue, WaAug 2, 200426 y0
Sterling Thomas MonroeBellevue, WaSep 23, 201413 y0
Ryan J AlderferCertified Financial PlannerBellevue, WaOct 17, 201619 y2
Michael Willard BooneCertified Financial PlannerBellevue, WaJan 12, 201841 y2
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
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Willard Michael Boone · Foundercontrol
      since 05/1999 · owns 75% or more
    • Milton Shawn Nelson · Chief Compliance Officer & Managing Membercontrol
      since 09/2014 · owns 10% to 25%
    • Thomas Sterling Monroe · Member
      since 03/2022 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Bellevue, Wa · principal400
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 598 to 554
      Mar 20, 2025 to Mar 27, 2026
    • Individual clients · 131 to 127
      Mar 20, 2025 to Mar 27, 2026
    • Discretionary RAUM · $639M to $507M
      Mar 20, 2025 to Mar 27, 2026
    • HNW RAUM · $603M to $472M
      Mar 20, 2025 to Mar 27, 2026
    • Individual RAUM · $26.1M to $23.5M
      Mar 20, 2025 to Mar 27, 2026
    • Pension RAUM · $2.4M to $2.8M
      Mar 20, 2025 to Mar 27, 2026
    • RAUM · $639M to $507M
      Mar 20, 2025 to Mar 27, 2026
    • Wrap assets (sponsor) · $0 to $20.2M
      Mar 20, 2025 to Mar 27, 2026
    • Accounts · 556 to 598
      Oct 8, 2024 to Mar 20, 2025
    • Individual clients · 127 to 131
      Oct 8, 2024 to Mar 20, 2025
    • Employees · 8 to 9
      Oct 8, 2024 to Mar 20, 2025
    • Financial planning clients · 1-10 to 1-10
      Oct 8, 2024 to Mar 20, 2025
    • Discretionary RAUM · $233M to $639M
      Oct 8, 2024 to Mar 20, 2025
    • HNW RAUM · $204M to $603M
      Oct 8, 2024 to Mar 20, 2025
    • Individual RAUM · $23.0M to $26.1M
      Oct 8, 2024 to Mar 20, 2025
    • Pension RAUM · $2.4M to $2.4M
      Oct 8, 2024 to Mar 20, 2025
    • RAUM · $233M to $639M
      Oct 8, 2024 to Mar 20, 2025
    • Accounts · 543 to 556
      Oct 25, 2023 to Mar 15, 2024
    • HNW clients · 180 to 178
      Oct 25, 2023 to Mar 15, 2024
    • Individual clients · 117 to 127
      Oct 25, 2023 to Mar 15, 2024
    • Assets in custody · $101M to $57.2M
      Oct 25, 2023 to Mar 15, 2024
    • Discretionary RAUM · $209M to $233M
      Oct 25, 2023 to Mar 15, 2024
    • HNW RAUM · $182M to $204M
      Oct 25, 2023 to Mar 15, 2024
    • Individual RAUM · $21.0M to $23.0M
      Oct 25, 2023 to Mar 15, 2024
    • Pension RAUM · $2.0M to $2.4M
      Oct 25, 2023 to Mar 15, 2024
    • RAUM · $209M to $233M
      Oct 25, 2023 to Mar 15, 2024
    • Accounts · 570 to 543
      Apr 1, 2022 to Mar 22, 2023
    • HNW clients · 111 to 180
      Apr 1, 2022 to Mar 22, 2023
    • Individual clients · 98 to 117
      Apr 1, 2022 to Mar 22, 2023
    • Assets in custody · $46.9M to $101M
      Apr 1, 2022 to Mar 22, 2023
    • Discretionary RAUM · $257M to $209M
      Apr 1, 2022 to Mar 22, 2023
    • HNW RAUM · $228M to $182M
      Apr 1, 2022 to Mar 22, 2023
    • Individual RAUM · $22.6M to $21.0M
      Apr 1, 2022 to Mar 22, 2023
    • Pension RAUM · $2.5M to $2.0M
      Apr 1, 2022 to Mar 22, 2023
    • RAUM · $257M to $209M
      Apr 1, 2022 to Mar 22, 2023
    • Accounts · 544 to 570
      Sep 7, 2021 to Mar 25, 2022
    • Charity clients · 3.0 to unset
      Sep 7, 2021 to Mar 25, 2022
    • Corporate clients · 2.0 to unset
      Sep 7, 2021 to Mar 25, 2022
    • HNW clients · 90 to 111
      Sep 7, 2021 to Mar 25, 2022
    • Individual clients · 117 to 98
      Sep 7, 2021 to Mar 25, 2022
    Signals
    2 dated events
    • Boone Wealth Advisors, Llc reported RAUM $639.4M, up 175% from $232.6M (2024-10-08 to 2025-03-20)
      Mar 20, 2025 · RAUM change · derived
    • Mwboone And Associates, Llc filed its initial SEC registration (Form ADV)
      Feb 25, 2015 · 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
    Firm profile
    LINKEDIN.COM/COMPANY/BOONE-WEALTH-ADVISORS-LLCreportedpublic record, Form ADV, Sep 17, 2026
    Website
    BOONEWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    425-462-6406reportedpublic record, Form ADV, Mar 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
    $127Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026