Cwm, LLC

Registered investment adviser · Omaha, NE · CRD #155344

Form ADV data as of 2026-09-01

Regulatory assets

$50.58 billion

Total accounts

154,206

Employees

1,416

Disclosure events

Firm details

Website: https://www.facebook.com/aamllc
Telephone: 402-330-0808
SEC file number: 801-72037
Most recent Form ADV filing: 2026-08-17
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$49.46 billion
Non-discretionary regulatory assets under management	$1.12 billion
Total regulatory assets under management	$50.58 billion
Discretionary accounts	146,763
Non-discretionary accounts	7,443
Total accounts	154,206
Regulatory assets under management attributable to non-U.S. persons	$6.6 million

People

Total employees (excluding clerical)	1,416
Employees performing investment advisory functions (including research)	472
Employees who are registered representatives of a broker-dealer	104
Employees registered as investment adviser representatives with a state	287
Employees registered as IARs for another investment adviser	38
Employees who are licensed insurance agents	337
Firms or persons who solicit advisory clients on the firm's behalf	14

Custody

Has custody of client cash or bank accounts	Yes
Has custody of client securities	No
Client funds and securities held in the firm's custody	$30.50 billion
Clients for whom the firm has custody	43,501
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	3

How the firm is compensated

A percentage of assets under managementHourly chargesFixed fees (other than subscription fees)Other

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers)Other

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Insurance company or agency

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys or sells for itself securities it also recommends to clients
Recommends securities in which it has another proprietary interest
Recommends brokers or dealers to clients
Receives soft dollar benefits
Compensates a non-employee for client referrals
Provides employee compensation specifically for obtaining clients
Receives compensation from others for client referrals

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	45,032	$23.87 billion
High net worth individuals	7,231	$21.91 billion
Pension and profit sharing plans (not the participants or government plans)	67	$2.28 billion
Corporations or other businesses not listed above	339	$2.52 billion