{"url":"https://nivawealth.com/firms/aequitas-investment-advisors-127625","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/127625","regulatoryAum":826100169,"crd":"127625","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2001231","suffix":null,"lastName":"FALLON","firstName":"MICHELLE","middleName":"C"},{"crd":"7607430","suffix":null,"lastName":"Henderson","firstName":"Spencer","middleName":"Robinson"},{"crd":"845645","suffix":null,"lastName":"HENDERSON","firstName":"WARNER","middleName":"ARMS"},{"crd":"1582861","suffix":null,"lastName":"NASH","firstName":"TIMOTHY","middleName":"BRACKETT"},{"crd":"5090162","suffix":null,"lastName":"WALSH","firstName":"NOREEN","middleName":"DILLON"}],"total":5,"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":"2021-03-30","regulatoryAum":653881992,"clients":169,"employees":7,"offices":1},{"filedOn":"2022-03-29","regulatoryAum":684863869,"clients":177,"employees":7,"offices":1},{"filedOn":"2023-03-30","regulatoryAum":608039859,"clients":179,"employees":7,"offices":1},{"filedOn":"2024-03-28","regulatoryAum":709363916,"clients":184,"employees":7,"offices":1},{"filedOn":"2025-05-29","regulatoryAum":766011825,"clients":187,"employees":7,"offices":1},{"filedOn":"2026-03-27","regulatoryAum":826100169,"clients":189,"employees":8,"offices":1}],"secFileNumber":"801-110328","legalName":"Aequitas Investment Advisors, LLC","displayName":"Aequitas Investment Advisors","slug":"aequitas-investment-advisors-127625","website":"https://aequitas-inv.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/127625/5388e00219829e14-r1.webp","tone":"light","width":1515,"height":200,"sourceUrl":"https://aequitas-inv.com/","sourceLabel":"Aequitas Investment Advisors, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"1991","organization":"Massachusetts limited liability company","fiscalYearEnd":"December","headquarters":{"street":"175 Derby St, Suite 24","city":"Hingham","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"02043"},"tradeNames":[],"registration":{"secApproved":"4 May 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BROCHURE","fee_rate_low":0.35,"fee_rate_high":0.35,"fee_negotiable":null,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Annual portfolio review","summary":"Flat annual fee typically $2,000 to $15,000, half due at signing or renewal and half six months later.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029758","versionId":1029758,"submittedOn":"2026-03-27","documentName":"PART 2A OF FORM ADV: FIRM BROCHURE"},{"role":"other","program":"Consulting","summary":"Consulting is billed hourly in some cases at $175 to $350 an hour, after an initial retainer.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029758","versionId":1029758,"submittedOn":"2026-03-27","documentName":"PART 2A OF FORM ADV: FIRM BROCHURE"},{"role":"other","program":"Financial planning","summary":"The one-time written financial plan fee typically ranges from $3,500 to $10,000, half due at signing.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029758","versionId":1029758,"submittedOn":"2026-03-27","documentName":"PART 2A OF FORM ADV: FIRM BROCHURE"},{"role":"other","program":"Specialized Reporting Service","summary":"Flat fee for complex portfolios, typically $3,000 to $50,000 a year, billed quarterly or semi-annually in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029758","versionId":1029758,"submittedOn":"2026-03-27","documentName":"PART 2A OF FORM ADV: FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T06:29:40.051596+00:00","documents":[{"name":"PART 2A OF FORM ADV: FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029758","versionId":1029758,"submittedOn":"2026-03-27"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029759","versionId":1029759,"submittedOn":null}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Orlando, FL","smaAssets":800861766}],"custodyNote":"Aequitas Investment Advisors has custody of $292M in client assets for 125 clients.","otherCustodians":[],"leadership":[{"name":"Noreen Walsh","title":"Managing Member / Chief Compliance Officer","crd":"5090162"},{"name":"Spencer Henderson","title":"Member and Financial Planner / Director of Research","crd":"7607430"},{"name":"Timothy Nash","title":"Principal and Chief Portfolio Strategist","crd":"1582861"},{"name":"Warner Henderson","title":"Managing Member","crd":"845645"},{"name":"Michelle Fallon","title":"Member and Senior Financial Planner","crd":"2001231"}],"ownership":[{"label":"Warner Henderson","detail":"Managing member in the 50% to 75% ownership band and a control person, since January 2006."},{"label":"Noreen Walsh","detail":"Managing member / chief compliance officer in the 25% to 50% ownership band and a control person, since January 2007."},{"label":"Timothy Nash","detail":"Principal and chief portfolio strategist in the 10% to 25% ownership band, since June 2017."},{"label":"Michelle Fallon","detail":"Member and senior financial planner in the 5% to 10% ownership band, since August 2020."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Massachusetts","offices":1,"addresses":[{"street":"175 Derby St, Suite 24","city":"Hingham","headquarters":true}]}],"brochureServices":["education planning","philanthropic planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"781-740-1199","stateRegisteredReps":5,"otherAdviserReps":0,"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","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":4},{"label":"Non-exchange-traded equity securities","percent":4},{"label":"U.S. government/agency bonds","percent":6},{"label":"U.S. state and local bonds","percent":4},{"label":"Securities issued by registered investment companies or business development companies","percent":74},{"label":"Cash and cash equivalents","percent":6},{"label":"Other","percent":2,"detail":"Variable Annuities"}],"privateFunds":0},"sources":{"adv1FilingDate":"27 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/127625/PDF/127625.pdf","brochureDate":"27 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029758","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 Aequitas Investment Advisors have?","answer":"Aequitas Investment Advisors has 189 clients and manages $826 million for them, as of March 2026. They include 147 high-net-worth individuals, 33 individual clients and 9 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Aequitas Investment Advisors offer?","answer":"Aequitas Investment Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, and philanthropic planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Aequitas Investment Advisors charge?","answer":"Aequitas Investment Advisors charges 0.35% a year for its Standard Reporting Service. The fee is billed in arrears.","source":"PART 2A OF FORM ADV: FIRM BROCHURE, filed 27 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Aequitas Investment Advisors use?","answer":"Aequitas Investment Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Orlando, FL), with $801M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Aequitas Investment Advisors have?","answer":"Aequitas Investment Advisors has 5 investment adviser representatives registered with state securities authorities, out of 8 employees, and 5 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Aequitas Investment Advisors invest in?","answer":"At the end of its last fiscal year, Aequitas Investment Advisors’ separately managed accounts held 74% registered funds (mutual funds, ETFs, BDCs), 6% U.S. government and agency bonds, 6% cash and equivalents, 4% exchange-traded equities, 4% non-exchange-traded equities, 4% state and local bonds and 2% other. The 2% other category is described as: Variable Annuities.","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 Aequitas Investment Advisors?","answer":"Aequitas Investment Advisors’ direct owners are Warner Henderson (50% to 75%), Noreen Walsh (25% to 50%), Timothy Nash (10% to 25%) and Michelle Fallon (5% to 10%).","source":"Form ADV Part 1A, Schedules A and B, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Aequitas Investment Advisors get paid?","answer":"Aequitas Investment 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 Aequitas Investment Advisors?","answer":"Aequitas Investment Advisors’ main office is at 175 Derby St, Suite 24, Hingham, MA 02043. Its phone number is 781-740-1199. Its website is aequitas-inv.com.","source":"Form ADV Part 1A, Item 1.F, filed 27 March 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."}