Firm
Purpose Wealth
Longmont, Colorado
Fee-only
Purpose Wealth at a glance
- One of 336 fee-only firms based in Colorado in the Wellspent graph.
- 1 advisor is listed here.
- Its Form ADV reports 1 employee and 15 individual clients, 13 of them high net worth.
- Its average account is about $180,000 (assets it manages divided by its 71 accounts).
- Its ongoing planning fee starts at $7,500 a year, above the Colorado median of $6,000.
- Its website says it's taking new clients.
- It works with clients virtually as well as in person.
Fee-only advisors in Colorado · What fee-only advisors charge in Colorado
Facts
| Based in | Longmont, Colorado |
|---|---|
| Website | purposewealth.co |
| Phone | (303) 558-1011 |
Purpose Wealth fees
What the firm's own website says it charges, checked October 30, 2026. We keep a price only when the exact words stating it appear on the page.
| Ongoing planning | From $7,500 a year |
|---|---|
| How it charges | Flat fee · Ongoing planning fee |
In the firm's words
"Annual fees start at $7,500 and increase if your financial situation is more complex." source
"Annual fees start at $7,500 and increase if your financial situation is more complex." source
"Annual fees start at $7,500 and increase if your financial situation is more complex." source
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Hourly · Fixed fees |
|---|---|
| Assets managed | $13 million |
| Individual clients | 2 |
| High-net-worth clients | 13 |
| Accounts managed | 71 |
| Employees | 1 |
| Planning clients | 11-25 |
| Financial planning | Offered |
| Form ADV filed | June 2, 2026 |
| SEC record | CRD 328934 |