AdvisorRanked
84
Some Concerns

LEFAVI WEALTH MANAGEMENT

2323 FOOTHILL DR., SUITE 100, SALT LAKE CITY, UT 84109
Fiduciaryfee-onlySEC Registered
801-486-9000 HTTPS://WWW.INSTAGRAM.COM/LEFAVIWEALTH/ CRD #104961
$445M
Assets Managed
4
Clients
5
Employees
14
Years Active
since 2012

Compensation Model

% of Assets (AUM)
Hourly Fees
Fixed / Flat Fees
Commissions
Performance Fees

Compensation type disclosed on SEC Form ADV Item 5C. Filed 46106. Specific fee percentages are available in this firm's Form ADV Part 2A brochure at adviserinfo.sec.gov.

Conflict of Interest Analysis

Broker-Dealer Affiliated: No

No broker-dealer affiliation. Lower risk of commission-driven advice.

Insurance Licensed: No

Not insurance licensed. Cannot sell you annuity or insurance products directly.

Custody of Client Assets: No

Assets held at an independent custodian (e.g., Schwab, Fidelity, TD Ameritrade). This is the standard, lower-risk arrangement.

Proprietary Products: No

Uses only third-party investment products. No proprietary product conflicts.

Regulatory & Disciplinary History

complaint46106

2 customer complaint(s)/arbitration(s) disclosed on Form ADV Item 11.

Resolved

Total complaints on record: 2

Complaint ratio: 50.00 per 100 clients

Industry average is approximately 0.15 complaints per 100 clients. A ratio above 0.30 is considered elevated.

Firm Details

Legal NameLEFAVI WEALTH MANAGEMENT
CRD Number#104961
SEC RegisteredYes
Registration Date2012-01-17
States RegisteredUT
Assets Under Management$445M
Number of Clients4
Employees5
Compensation Typefee-only
Last ADV Filing46106

Other Advisors in SALT LAKE CITY

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Frequently Asked Questions

Is LEFAVI WEALTH MANAGEMENT a fiduciary?

Yes. LEFAVI WEALTH MANAGEMENT is a registered investment adviser (RIA) with the SEC, which means they are legally required to act as a fiduciary — putting your interests ahead of their own.

How does LEFAVI WEALTH MANAGEMENT charge clients?

LEFAVI WEALTH MANAGEMENT uses a fee-only compensation model. Full fee details are in their Form ADV Part 2A brochure at adviserinfo.sec.gov.

Does LEFAVI WEALTH MANAGEMENT have any complaints?

Yes. LEFAVI WEALTH MANAGEMENT has 2 complaint(s) on record. Their complaint ratio is 50.00 per 100 clients (industry average: ~0.15).

How does LEFAVI WEALTH MANAGEMENT compare to other advisors in SALT LAKE CITY?

LEFAVI WEALTH MANAGEMENT has a Red Flag Score of 84/100. There are 47 registered advisory firms in SALT LAKE CITY. Use our city page to compare firms side by side.

Where does this data come from?

All information is sourced from SEC Form ADV public filings (mandatory regulatory disclosures) and FINRA BrokerCheck records. Last updated: 2026-06-24. We do not accept payment from financial advisors.

Data source: SEC Form ADV (Parts 1 and 2A) filed with the Investment Adviser Registration Depository (IARD). Filing date: 46106. Last data refresh: 2026-06-24. AdvisorRanked does not verify the accuracy of SEC filings. This is not financial advice.