{"url":"https://nivawealth.com/firms/adaptation-financial-advisors-309192","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/309192","regulatoryAum":233603057,"crd":"309192","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6751224","suffix":null,"lastName":"BERRY","firstName":"JOHNNY","middleName":"L"},{"crd":"7201451","suffix":null,"lastName":"McCune","firstName":"Shanon","middleName":"M"},{"crd":"1244350","suffix":null,"lastName":"NIEMANN","firstName":"ALAN","middleName":"PHILIP"},{"crd":"7609475","suffix":null,"lastName":"Niemann","firstName":"Ashton","middleName":"Riley"}],"total":4,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-31","regulatoryAum":309880000,"clients":1504,"employees":10,"offices":4},{"filedOn":"2022-03-30","regulatoryAum":142804320,"clients":1131,"employees":6,"offices":4},{"filedOn":"2023-03-31","regulatoryAum":102956137,"clients":655,"employees":7,"offices":3},{"filedOn":"2024-03-27","regulatoryAum":177434792,"clients":652,"employees":5,"offices":3},{"filedOn":"2025-04-21","regulatoryAum":217147998,"clients":674,"employees":4,"offices":3},{"filedOn":"2026-05-06","regulatoryAum":233603057,"clients":690,"employees":4,"offices":3}],"secFileNumber":"801-118982","legalName":"Adaptation Financial Advisors Inc.","displayName":"Adaptation Financial Advisors","slug":"adaptation-financial-advisors-309192","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/adaptation","founded":null,"organization":"Texas corporation","fiscalYearEnd":"December","headquarters":{"street":"700 Cedar Lake BLVD","city":"Oklahoma City","state":"OK","stateName":"Oklahoma","country":"United States","postalCode":"73114"},"tradeNames":["Adaptation Financial"],"registration":{"secApproved":"26 June 2020","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":338555.1550724638,"staff":{"employees":4,"advisory":4,"brokerDealerReps":4,"insuranceAgents":3,"promoters":0},"aum":{"regulatory":233603057,"discretionary":233603057,"discretionaryAccounts":1291,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":14637749,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":637,"regulatoryAum":130540301},{"label":"High-net-worth individuals","clients":53,"regulatoryAum":103062756}],"feePrograms":[{"role":"other","program":"Financial Planning and Consulting","summary":"Fixed fees for a financial plan range from $500 to $25,000, or hourly fees range from $75 to $500 an hour; fees are negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060054","versionId":1060054,"submittedOn":"2026-10-04","documentName":"ADAPTATION FINANCIAL- ADV2A BROCHURE SEPT 2026"},{"role":"other","program":"Retirement Plan Consulting","summary":"Retirement plan consulting is billed to the plan sponsor at $350 an hour, negotiated in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060054","versionId":1060054,"submittedOn":"2026-10-04","documentName":"ADAPTATION FINANCIAL- ADV2A BROCHURE SEPT 2026"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T16:37:22.458935+00:00","documents":[{"name":"ADAPTATION FINANCIAL- ADV2A BROCHURE SEPT 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060054","versionId":1060054,"submittedOn":"2026-10-04"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060055","versionId":1060055,"submittedOn":null}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":93441223},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":119137559}],"custodyNote":"Adaptation Financial Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Alan Niemann","title":"CEO, Chief Compliance Officer","crd":"1244350"},{"name":"Avery Niemann","title":"Director","crd":"7296391"},{"name":"Michael Krost","title":"Shareholder","crd":"842591"}],"ownership":[{"label":"Apn Adaptation Financial Holdings, LLC","detail":"Shareholder in the 75% or more ownership band and a control person, since February 2020."},{"label":"Michael Krost","detail":"Shareholder in the 10% to 25% ownership band, since January 2021."},{"label":"Alan Niemann","detail":"Indirect owner: trustee of Alan Niemann Trust and a control person, since May 2021.","parent":"Alan Niemann Trust"},{"label":"Alan Niemann Trust","detail":"Indirect owner: a member of Apn Adaptation Financial Holdings, LLC in the 75% or more band, since May 2021.","parent":"Apn Adaptation Financial Holdings, LLC"},{"label":"Scott Wozniak","detail":"Indirect owner: a owner of Swoz Enterprises, Inc. in the 75% or more band, since January 2021.","parent":"Swoz Enterprises, Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"Ohio","offices":1,"addresses":[{"street":"100 Dorchester Square Suite 102","city":"Westerville"}]},{"state":"Oklahoma","offices":1,"addresses":[{"street":"700 Cedar Lake BLVD","city":"Oklahoma City","headquarters":true}]},{"state":"Texas","offices":1,"addresses":[{"street":"2412 Bartlett St, Suite 102","city":"Houston"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"972-774-0700","stateRegisteredReps":4,"otherAdviserReps":1,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)","Educational seminars/workshops"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":69},{"label":"U.S. government/agency bonds","percent":15},{"label":"Cash and cash equivalents","percent":16}],"privateFunds":0},"sources":{"adv1FilingDate":"6 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/309192/PDF/309192.pdf","brochureDate":"4 October 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060054","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Adaptation Financial Advisors have?","answer":"Adaptation Financial Advisors has 690 clients and manages $234 million for them, as of May 2026. They include 637 individual clients and 53 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 6 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Adaptation Financial Advisors offer?","answer":"Adaptation Financial Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Adaptation Financial Advisors use?","answer":"Adaptation Financial Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $119M and Charles Schwab & Co., Inc. (San Francisco, CA), with $93.4M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Adaptation Financial Advisors have?","answer":"Adaptation Financial Advisors has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 perform investment advisory functions. 4 employees are registered representatives of a broker-dealer and 3 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Adaptation Financial Advisors invest in?","answer":"At the end of its last fiscal year, Adaptation Financial Advisors’ separately managed accounts held 69% exchange-traded equities, 16% cash and equivalents and 15% U.S. government and agency bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Adaptation Financial Advisors?","answer":"Adaptation Financial Advisors’ direct owners are Apn Adaptation Financial Holdings, LLC (75% or more), Michael Krost (10% to 25%) and Scott Wozniak (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 6 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Adaptation Financial Advisors get paid?","answer":"Adaptation Financial Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Adaptation Financial Advisors?","answer":"Adaptation Financial Advisors’ main office is at 700 Cedar Lake BLVD, Oklahoma City, OK 73114. Its phone number is 972-774-0700.","source":"Form ADV Part 1A, Item 1.F, filed 6 May 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}