{"url":"https://nivawealth.com/firms/afs-wealth-management-287832","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/287832","regulatoryAum":117983088,"crd":"287832","secFileNumber":"801-137139","legalName":"Afs Wealth Management, LLC","displayName":"Afs Wealth Management","slug":"afs-wealth-management-287832","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Michigan limited liability company","fiscalYearEnd":"December","headquarters":{"street":"22029 Farmington RD","city":"Farmington Hills","state":"MI","stateName":"Michigan","country":"United States","postalCode":"48336"},"tradeNames":[],"registration":{"secApproved":"28 August 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":695964.6987951808,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":117983088,"discretionary":112227651,"discretionaryAccounts":487,"nonDiscretionary":5755437,"nonDiscretionaryAccounts":12,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":127,"regulatoryAum":44915620},{"label":"High-net-worth individuals","clients":39,"regulatoryAum":70614520},{"label":"Pension and profit-sharing plans","clients":1,"fewerThan5":true,"regulatoryAum":463589},{"label":"Charitable organizations","clients":2,"fewerThan5":true,"regulatoryAum":1989359}],"feePrograms":[{"role":"main","program":"Annual Management Fee","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057560","versionId":1057560,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-09-11","documentName":"AFS WEALTH MANAGEMENT ADV PART 2A","fee_rate_low":1.15,"fee_rate_high":1.55,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Fee-Based Annuity Management","summary":"For a fee-based annuity AFS may recommend, AFS charges an annual management fee of 1.00% for this service.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057560","versionId":1057560,"submittedOn":"2026-09-11","documentName":"AFS WEALTH MANAGEMENT ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:43:34.34444+00:00","documents":[{"name":"AFS WEALTH MANAGEMENT ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057560","versionId":1057560,"submittedOn":"2026-09-11"}]},"custodians":[],"custodyNote":"Afs Wealth Management has custody of $25.6M in client assets for 116 clients.","otherCustodians":[],"leadership":[],"ownership":[],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Michigan","offices":1,"addresses":[{"street":"22029 Farmington RD","city":"Farmington Hills","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"248-888-7530","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":18},{"label":"Securities issued by registered investment companies or business development companies","percent":79},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"11 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/287832/PDF/287832.pdf","brochureDate":"11 September 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057560","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 Afs Wealth Management have?","answer":"Afs Wealth Management has 169 clients and manages $118 million for them, as of September 2026. They include 127 individual clients, 39 high-net-worth individuals and 2 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 11 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Afs Wealth Management offer?","answer":"Afs Wealth Management provides 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 Afs Wealth Management charge?","answer":"Afs Wealth Management charges 1.15%–1.55% a year for its Annual Management Fee. The fee is billed in arrears and is negotiable.","source":"AFS WEALTH MANAGEMENT ADV PART 2A, filed 11 September 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"How many financial advisors does Afs Wealth Management have?","answer":"Afs Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 Afs Wealth Management invest in?","answer":"At the end of its last fiscal year, Afs Wealth Management’s separately managed accounts held 79% registered funds (mutual funds, ETFs, BDCs), 18% exchange-traded equities and 3% cash and equivalents.","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":"How does Afs Wealth Management get paid?","answer":"Afs Wealth Management is paid through a percentage of assets under management. 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 Afs Wealth Management?","answer":"Afs Wealth Management’s main office is at 22029 Farmington RD, Farmington Hills, MI 48336. Its phone number is 248-888-7530.","source":"Form ADV Part 1A, Item 1.F, filed 11 September 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."}