AUMdb

Purpose Comprehensive Wealth Management, Llc

State-registered Wealth Manager · Small ($100M–$1B) CRD 312022 · SEC file 801-132446 · · WWW.PURPOSECWM.COM
☆ Save with Pro ADV data as of Jun 13, 2025
Regulatory AUM
$131M
Discretionary
$131M
Clients
141
Avg AUM / client
$929K
Accounts
526
Employees
7

AUM over time

$0 $131M
Dec 2020 Jun 2025

Annual snapshots from Form ADV filings · as of Jun 13, 2025

Who they serve

Client typeClientsAUM% of AUM
Individuals (non-high net worth) 107 $35.8M 27.3%
High net worth individuals 34 $92.1M 70.3%
Other investment advisers Fewer than 5 clients $3.1M 2.37%

Retirement plan clients

Plans that reported this firm as an investment service provider on Form 5500 Schedule C.

Plan Location Plan year
Southwest Airlines Pilots Retirement Savings Plan Southwest Airlines Company 2024

People (1)

NameRole / titleCredentialsWith firm sinceOwnership
Aaron T Olson Managing Principal / Cco Jan 2021 (6y) 75% or more

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

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 (1)

PlanSponsorParticipantsPlan assetsAs of
Southwest Airlines Pilots Retirement Savings Plan Southwest Airlines Company 11,679 $11.6B 01/01/2024

From Form 5500 service-provider disclosures.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 06/13/2025 1.2 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

Services

  • Financial planning services
  • Portfolio management for individuals/small businesses

Custody

Reported custodians

Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).

Firm reports having 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: Jun 13, 2025.

View current Form ADV (SEC/IAPD) ↗