Baker Tilly Wealth Management, Llc
SEC-registered
Investment Adviser · Mid-sized ($1B–$10B)
CRD 167811
· SEC file 801-119352
· Madison, WI
· www.bakertilly.com
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ADV data as of Jan 15, 2026
- Regulatory AUM
- $4.6B
- Discretionary
- $2.2B
- Clients
- 601
- Avg AUM / client
- $7.7M
- Accounts
- 2,165
- Employees
- 32
AUM over time
$260M
$4.8B
May 2020
Jan 2026
Annual snapshots from Form ADV filings · as of Jan 15, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 251 | $208M | 4.53% |
| High net worth individuals | 158 | $665M | 14.5% |
| Pension and profit sharing plans | 79 | $382M | 8.3% |
| State or municipal government entities | 111 | $3.3B | 72.7% |
| Corporations and other businesses | 2 | $2.9M | 0.06% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| The Wellness Pet Company Employee 401(k) Plan Wellness Pet Llc | 2024 | |
| Beach Haus, Llc 401(k) Plan Beach Haus, Llc | 2024 |
People (30)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Barbara R Olson | Chief Compliance Officer | Feb 2017 (10y) | Less than 5% | |
| Droege, Charles | Chief Financial Officer | Jun 2020 (6y) | Less than 5% | |
| Simmerman, Kevin | Chief Operating Officer | Jun 2020 (6y) | Less than 5% | |
| Meiners, Theresa | Vice President | Jun 2024 (2y) | Less than 5% | |
| Walker, Thomas, Francis | President | Jun 2024 (2y) | Less than 5% | |
| Matthew Payne | Registered representative | Sep 2019 (7y) | ||
| Scott Craig Burack | Registered representative | CFP | Nov 2020 (6y) | |
| George Lee Bawcum | Registered representative | Dec 2020 (6y) | ||
| Jeffrey Arthur Messer | Registered representative | Dec 2020 (6y) | ||
| Mark Thomas Rochford | Registered representative | Dec 2020 (6y) | ||
| Michael Blaise Geraty | Registered representative | Dec 2020 (6y) | ||
| Timothy Robert Sutton | Registered representative | Dec 2020 (6y) | ||
| Zachary Ronald Jaro | Registered representative | CFP | Mar 2021 (5y) | |
| Evan Daniel Heath | Registered representative | CFP | Mar 2021 (5y) | |
| Kelly Lynn Baumbach | Registered representative | CFP | Jul 2021 (5y) | |
| Brittany Marie Sigh | Registered representative | Jul 2021 (5y) | ||
| Steven Michael Scharff | Registered representative | Sep 2021 (5y) | ||
| Melissa Santas Peterson | Registered representative | CFA | Dec 2021 (5y) | |
| David Michael Dubrava | Registered representative | Jan 2022 (5y) | ||
| Jeremy M Robert | Registered representative | CFA | Jan 2022 (5y) | |
| Timothy Edward Hole | Registered representative | CFP | Jan 2022 (5y) | |
| Jeremy Allen Smith | Registered representative | Jan 2023 (4y) | ||
| Phillip Ray Mc Collum | Registered representative | Jan 2023 (4y) | ||
| Charles Henry Goodmiller | Registered representative | Jan 2023 (4y) | ||
| William Francis Grady | Registered representative | CFP | Dec 2023 (3y) | |
| Sarah Marie Murphy | Registered representative | May 2024 (2y) | ||
| Richard Joseph Kirby | Registered representative | Oct 2024 (2y) | ||
| Raj Singh | Registered representative | Jul 2025 (1y) | ||
| Kelsey Ann Kennedy | Registered representative | Aug 2025 (1y) | ||
| Cortney Ann Cost | Registered representative | CFP | Aug 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Baker Tilly Advisory Group, Lp | Managing Member | May 2024 | A | 75% or more |
| Baker Tilly Advisory Group Intermediate, Lp | Limited Partner | May 2024 | B | ≈ 56.25% – 100% via Baker Tilly Advisory Group, Lp |
| Baker Tilly Advisory Group Parent, Lp | Limited Partner | May 2024 | B | ≈ 42.19% – 100% via Baker Tilly Advisory Group Intermediate, Lp |
| H&F Waterloo Holdings, Inc. | Limited Partner | Jun 2024 | B | ≈ 1.98% – 25% via H&F Waterloo Aiv Ii, L.P. |
| H&F Waterloo Holdings, L.P. | Limited Partner | Jun 2024 | B | ≈ 10.55% – 50% via Baker Tilly Advisory Group Parent, Lp |
| H&F Waterloo Aiv Ii, L.P. | Limited Partner | Jun 2024 | B | ≈ 2.64% – 25% via H&F Waterloo Holdings, L.P. |
| Hellman & Friedman Capital Partners X, L.P. | Limited Partner | Jun 2024 | B | ≈ 2.64% – 25% via H&F Waterloo Holdings, L.P. |
| Hellman & Friedman Capital Partners X (Parallel), L.P. | Limited Partner | Jun 2024 | B | ≈ 0.49% – 12.5% via H&F Waterloo Holdings, Inc. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Baker Tilly Advisory Group Intermediate, Lp: 75% – 100% of Baker Tilly Advisory Group, Lp × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Baker Tilly Advisory Group Parent, Lp: 75% – 100% of Baker Tilly Advisory Group Intermediate, Lp × 75% – 100% of Baker Tilly Advisory Group, Lp × 75% – 100% direct ≈ 42.19% – 100% of the firm
- H&F Waterloo Holdings, Inc.: 75% – 100% of H&F Waterloo Aiv Ii, L.P. × 25% – 50% of H&F Waterloo Holdings, L.P. × 25% – 50% of Baker Tilly Advisory Group Parent, Lp × 75% – 100% of Baker Tilly Advisory Group Intermediate, Lp × 75% – 100% of Baker Tilly Advisory Group, Lp × 75% – 100% direct ≈ 1.98% – 25% of the firm
- H&F Waterloo Holdings, L.P.: 25% – 50% of Baker Tilly Advisory Group Parent, Lp × 75% – 100% of Baker Tilly Advisory Group Intermediate, Lp × 75% – 100% of Baker Tilly Advisory Group, Lp × 75% – 100% direct ≈ 10.55% – 50% of the firm
- H&F Waterloo Aiv Ii, L.P.: 25% – 50% of H&F Waterloo Holdings, L.P. × 25% – 50% of Baker Tilly Advisory Group Parent, Lp × 75% – 100% of Baker Tilly Advisory Group Intermediate, Lp × 75% – 100% of Baker Tilly Advisory Group, Lp × 75% – 100% direct ≈ 2.64% – 25% of the firm
- Hellman & Friedman Capital Partners X, L.P.: 25% – 50% of H&F Waterloo Holdings, L.P. × 25% – 50% of Baker Tilly Advisory Group Parent, Lp × 75% – 100% of Baker Tilly Advisory Group Intermediate, Lp × 75% – 100% of Baker Tilly Advisory Group, Lp × 75% – 100% direct ≈ 2.64% – 25% of the firm
- Hellman & Friedman Capital Partners X (Parallel), L.P.: 25% – 50% of H&F Waterloo Holdings, Inc. × 75% – 100% of H&F Waterloo Aiv Ii, L.P. × 25% – 50% of H&F Waterloo Holdings, L.P. × 25% – 50% of Baker Tilly Advisory Group Parent, Lp × 75% – 100% of Baker Tilly Advisory Group Intermediate, Lp × 75% – 100% of Baker Tilly Advisory Group, Lp × 75% – 100% direct ≈ 0.49% – 12.5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (2)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| The Wellness Pet Company Employee 401(k) Plan | Wellness Pet Llc | 349 | $34.5M | 01/01/2024 |
| Beach Haus, Llc 401(k) Plan | Beach Haus, Llc | 99 | $3.4M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 01/15/2026 | 1.31 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
- • Educational seminars/workshops
- • Other services
Custody
Reported custodians
- Huntington National Bank $758M (16% of AUM) Jan 2026
- Umb Bank $742M (16% of AUM) Jan 2026
- Umb Bank N/A Mo $742M (16% of AUM) Jan 2026
- Charles Schwab & Co. $676M (15% of AUM) Jan 2026
- BNY Mellon $535M (12% of AUM) Jan 2026
- U.S. Bancorp Investments, Inc. $401M (9% of AUM) Jan 2026
- Wells Fargo $273M (7% of AUM) Mar 2023
- Lake City Bank $230M (6% of AUM) Mar 2023
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jan 15, 2026.
View current Form ADV (SEC/IAPD) ↗