SourcingSourcing

SPWM ADVISORS LLC

C32
CRD 328977·SEC 801-129202·TRAVERSE CITY, MI
AUM
$299.5M
$100M-$500M
Est. Revenue
$3.0M
@ 1% on AUM
Est. EBITDA
$898K
@ 30% margin
Est. Deal Value
$7.2M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
SPWM ADVISORS LLC
CRD
328977
SEC file #
801-129202
EIN
934838582
DBA names
Stonepath Wealth Management

Economics

AUM
$299.5M
AUM band
$100M-$500M
AUM trajectory
'25'26
$225.8M → $299.5M▲ +33%
Client mix
Individuals Other472
Individuals High Net Worth97
Pension Profit Sharing Plans19
Corporations18

Operations

Employees (total)
13
Advisory staff (per ADV)
9
Advisory staff (5-yr trend)
'25'26
9 advisors → 9 advisors▬ 0%
Primary office
TRAVERSE CITY MI
Branches
—

Custodian & Brokerage

Primary custodian
Raymond Jameslow confidence
Services offered
Financial planningPortfolio mgmt — individualsPension consultingSelection of other advisers
Fee basis
% of AUMHourly chargesFixed feesOther Compensation

Filings

Latest ADV filing
02/24/2026
ADV-W filed at
—
Website
linkedin.com/company/stonepath-wealth-management(social)

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
LRG FINANCIAL, INC.
Top Owner Pct
37.5
Top Owner Entity Kind
DE
Owner Count
4
Control Persons
LRG FINANCIAL, INC.
PRESTIGE WORLDWIDE ENTERPRISES INC
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
social_url_excluded:linkedin.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Cik
0002111209
Edgar Registered
Yes
Edgar Filing Count
2
Edgar First Filing Date
2026-02-17
Edgar Last Filing Date
2026-05-14
Edgar 13f Count
2
Edgar 13f Latest AUM Estimate
Filing Date2026-05-14
Accession0001951757-26-000855

Compliance & brand

Firm Registration Status
active

All other collected signals (11)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
9
Bc Firm IAR Count
9
Custodian Candidates
Full
Raymond James4
E*trade4
State Street1
Edgar Addresses
Mailing
134 WEST STATE STREETSUITE 200TRAVERSE CITY, MI 49684
Business
134 WEST STATE STREETSUITE 200TRAVERSE CITY, MI 49684
Edgar EIN
934838582
Edgar Recent Filings
13F-HR2026-05-14 · 0001951757-26-000855
13F-HR2026-02-17 · 0001951757-26-000466
Firm Has Custody
Yes
Mailing Office Differs
No
Trust Company Affiliate
No

People (9)

9
Golba, Lauren, Renee
IAR · Executive Officer · 2.5%
6872812
GOLBA, MATTHEW, THOMAS
IAR · Executive Officer · 2.5%
5575219
Nolan Maximus Baldwin
IAR
8142536
STEVEN A ADAMS
IAR
5992425
MICHAEL DALE DREYER
IAR
4620521
DAVID HOWARD KNIGHT
IAR
6016451
Marc Herbert Ruemmler
IAR
7750478
NICHOLES Cain-Jayshoun BALDWIN
IAR
6883237
RAYMOND WILLIAM BEAIRD
IAR
7340884