{"url":"https://nivawealth.com/firms/addicus-advisory-282244","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/282244","regulatoryAum":221740527,"crd":"282244","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4594963","suffix":null,"lastName":"ADAMS","firstName":"ANDREW","middleName":"B"},{"crd":"6384291","suffix":null,"lastName":"KELLY","firstName":"RYAN","middleName":"SETH"},{"crd":"3256437","suffix":null,"lastName":"MILES","firstName":"STEPHEN","middleName":"DAVIS"},{"crd":"8039125","suffix":null,"lastName":"Webb","firstName":"Samuel","middleName":"Hardage"}],"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":"2022-06-10","regulatoryAum":146778952,"clients":252,"employees":31,"offices":4},{"filedOn":"2024-03-29","regulatoryAum":270551694,"clients":139,"employees":55,"offices":3},{"filedOn":"2025-03-31","regulatoryAum":262684963,"clients":190,"employees":23,"offices":2},{"filedOn":"2026-06-30","regulatoryAum":221740527,"clients":133,"employees":35,"offices":2}],"secFileNumber":"801-122401","legalName":"Addicus Advisory, LLC","displayName":"Addicus Advisory","slug":"addicus-advisory-282244","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Mississippi limited liability company","fiscalYearEnd":"March","headquarters":{"street":"333 W. Franklin Street","city":"Tupelo","state":"MS","stateName":"Mississippi","country":"United States","postalCode":"38804"},"tradeNames":[],"registration":{"secApproved":"27 September 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1268034.7582417582,"staff":{"employees":35,"advisory":21,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":221740527,"discretionary":106349364,"discretionaryAccounts":42,"nonDiscretionary":115391163,"nonDiscretionaryAccounts":91,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":116},"clientTypes":[{"label":"High-net-worth individuals","clients":91,"regulatoryAum":115391163},{"label":"Pooled investment vehicles","clients":42,"regulatoryAum":106349364}],"feePrograms":[{"role":"main","program":"Portfolio Management Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050329","versionId":1050329,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-06-30","documentName":"ADDICUS ADVISORY, LLC ADV PART 2 DISCLOSURE BROCHURE","fee_rate_low":0.75,"fee_rate_high":1.45,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial consulting","summary":"Financial consulting is a fixed fee of $2,500 to $75,000, negotiable and set by scope and complexity.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050329","versionId":1050329,"submittedOn":"2026-06-30","documentName":"ADDICUS ADVISORY, LLC ADV PART 2 DISCLOSURE BROCHURE"},{"role":"other","program":"Financial planning","summary":"Financial planning is a fixed fee, generally between $2,500 and $75,000, negotiable by scope and complexity.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050329","versionId":1050329,"submittedOn":"2026-06-30","documentName":"ADDICUS ADVISORY, LLC ADV PART 2 DISCLOSURE BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T10:09:34.360769+00:00","documents":[{"name":"ADDICUS ADVISORY, LLC ADV PART 2 DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050329","versionId":1050329,"submittedOn":"2026-06-30"}]},"custodians":[{"name":"LPL Financial LLC","shortName":"LPL Financial","location":"Boston, MA","smaAssets":61340313}],"custodyNote":"Addicus Advisory has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Stephen Miles","title":"Chief Compliance Officer / Managing Director","crd":"3256437"},{"name":"Andrew Adams","title":"CEO / Managing Partner","crd":"4594963"}],"ownership":[{"label":"Addicus Holdings LLC","detail":"Managing member in the 75% or more ownership band and a control person, since November 2015."},{"label":"Stephen Miles","detail":"Indirect owner: a member of Integrated Services Group, Inc. in the 75% or more band and a control person, since November 2015.","parent":"Integrated Services Group, Inc."},{"label":"Andrew Adams","detail":"Indirect owner: a member of Dynamic Business Strategies, Inc. in the 50% to 75% band and a control person, since November 2015.","parent":"Dynamic Business Strategies, Inc."},{"label":"Integrated Services Group, Inc.","detail":"Indirect owner: a owner of Addicus Holdings LLC in the 25% to 50% band and a control person, since November 2015.","parent":"Addicus Holdings LLC"},{"label":"Dynamic Business Strategies, Inc.","detail":"Indirect owner: a owner of Addicus Holdings LLC in the 25% to 50% band and a control person, since November 2015.","parent":"Addicus Holdings LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Mississippi","offices":2,"addresses":[{"street":"333 W. Franklin Street","city":"Tupelo","headquarters":true},{"street":"406 Enterprise Drive","city":"Oxford"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"877-294-8658","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)","Other"],"financialPlanningClients":"26-50","assetMix":[{"label":"Exchange-traded equity securities","percent":20},{"label":"U.S. government/agency bonds","percent":10},{"label":"U.S. state and local bonds","percent":2},{"label":"Investment grade corporate bonds","percent":3},{"label":"Non-investment grade corporate bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":60},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":41},"sources":{"adv1FilingDate":"30 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/282244/PDF/282244.pdf","brochureDate":"30 June 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050329","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 Addicus Advisory have?","answer":"Addicus Advisory has 133 clients and manages $222 million for them, as of June 2026. They include 91 high-net-worth individuals and 42 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Addicus Advisory offer?","answer":"Addicus Advisory provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Addicus Advisory charge?","answer":"Addicus Advisory charges 0.75%–1.45% a year for its Portfolio Management Services. The fee is billed in arrears and is negotiable.","source":"ADDICUS ADVISORY, LLC ADV PART 2 DISCLOSURE BROCHURE, filed 30 June 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Addicus Advisory use?","answer":"Addicus Advisory’s separately managed account assets are held at LPL Financial LLC (Boston, MA), with $61.3M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 June 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Addicus Advisory have?","answer":"Addicus Advisory has 4 investment adviser representatives registered with state securities authorities, out of 35 employees, and 21 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 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 Addicus Advisory invest in?","answer":"At the end of its last fiscal year, Addicus Advisory’s separately managed accounts held 60% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 10% U.S. government and agency bonds, 3% investment grade corporate bonds, 3% cash and equivalents, 2% state and local bonds and 2% high-yield corporate bonds. It advises 41 private funds.","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 Addicus Advisory?","answer":"Addicus Advisory is owned through a chain of holding companies by Stephen Miles and Andrew Adams. Its direct owner is Addicus Holdings LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Addicus Advisory get paid?","answer":"Addicus Advisory is paid through a percentage of assets under management 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 Addicus Advisory?","answer":"Addicus Advisory’s main office is at 333 W. Franklin Street, Tupelo, MS 38804. Its phone number is 877-294-8658.","source":"Form ADV Part 1A, Item 1.F, filed 30 June 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."}