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Updated September 28, 2026. Quick answer: Yes, on every account. BOK Financial Private Wealth is registered with the SEC only as an investment adviser (it is not a broker-dealer), so the Investment Advisers Act of 1940 requires it to act as your fiduciary. Its own Form CRS states: “When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours.”
How it’s registered
From Client Relationship Summary (CRS), BOK Financial Private Wealth, Inc. (March 2026): “BOK Financial Private Wealth, Inc. is an investment advisor registered with the Securities and Exchange Commission (SEC).”
The standard of conduct, in its own words
“When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours.”
On commissions: “Our financial professionals are compensated based on the revenue the firm earns from their advisory services or recommendations. The firm retains a portion of the compensation that you pay with a percentage of the revenue being paid to the financial professional.”
Fiduciary status by capacity
| Capacity | Registration | Standard you’re owed | Can earn commissions | Source |
|---|---|---|---|---|
| As your investment adviser | SEC-registered investment adviser | Fiduciary duty (Investment Advisers Act of 1940) | No (asset-based advisory fee: up to $5,000 a year, 1.00% on a $500,000 account, the published maximum, which the firm says is negotiable) | Client Relationship Summary (CRS), BOK Financial Private Wealth, Inc., March 2026 |
What this means for what you pay
Fiduciary status is one input, not the whole picture. BOK Financial Private Wealth discloses a published fee that runs up to $5,000 a year on a $500,000 account (the published maximum, which the firm says is negotiable); see the full dollar breakdown from BOK Financial Private Wealth’s own fee disclosure before deciding whether the standard of conduct here changes your answer.
If the answer above changes your mind about staying, read the general mechanics of switching financial advisors, or use a dated termination letter once you decide.
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Source: WiserAdvisor’s service descriptionSources
- Client Relationship Summary (CRS), BOK Financial Private Wealth, Inc. (March 2026): https://reports.adviserinfo.sec.gov/crs/crs_106733.pdf
- SEC Investment Adviser Public Disclosure, BOK Financial Private Wealth, Inc. (CRD #106733): https://adviserinfo.sec.gov/firm/summary/106733
- BOK Financial Private Wealth, Inc., SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/106733/PDF/106733.pdf
Methodology. This page was built September 28, 2026, quoting directly from BOK Financial Private Wealth’s own current Form CRS, with the source linked above; any distinction we could not independently confirm this session is named as an honest gap rather than presented as verified. Nothing here is personalized financial, tax, legal, or investment advice, and it is not a substitute for reading the firm’s own Form CRS. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
How does this compare? See how 127 advisory firms are registered, from each firm’s own SEC record.