{"url":"https://nivawealth.com/firms/afton-advisors-300884","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/300884","regulatoryAum":109338019,"crd":"300884","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5316809","suffix":null,"lastName":"DELUCAS","firstName":"ROBERT","middleName":"L"},{"crd":"6394935","suffix":null,"lastName":"SHIBLEY","firstName":"ANDREW","middleName":"WILLIAMSON"}],"total":2,"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"},"secFileNumber":"801-135419","legalName":"Afton Advisors, LLC","displayName":"Afton Advisors","slug":"afton-advisors-300884","website":"https://aftonadvisors.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/300884/d45d36c9a4905cec-r1.webp","tone":"dark","width":281,"height":200,"sourceUrl":"https://aftonadvisors.com/","sourceLabel":"Afton Advisors, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/aftonadvisors","founded":null,"organization":"Tennessee limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"27 February 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":617728.9209039548,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":109338019,"discretionary":109338019,"discretionaryAccounts":336,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":5},"clientTypes":[{"label":"Individuals (other than HNW)","clients":137,"regulatoryAum":60752799},{"label":"High-net-worth individuals","clients":40,"regulatoryAum":48585220}],"feePrograms":[{"role":"other","program":"Combined financial planning and investment management","summary":"Annual flat fee of $8,000, paid quarterly in arrears; may be reduced where the firm does not manage the account directly.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1004164","versionId":1004164,"submittedOn":"2026-01-27","documentName":"FORM ADV PART 2A"},{"role":"other","program":"Project-based financial planning","summary":"Comprehensive plan billed at a flat $3,000, half up front; review sessions billed at $900 per engagement in arrears.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1004164","versionId":1004164,"submittedOn":"2026-01-27","documentName":"FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T16:18:37.922646+00:00","documents":[{"name":"FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1004164","versionId":1004164,"submittedOn":"2026-01-27"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":104709353}],"custodyNote":"Afton Advisors has custody of $18.2M for 22 clients.","otherCustodians":[],"leadership":[{"name":"Robert Delucas","title":"Managing Member & CCO","crd":"5316809"}],"ownership":[{"label":"Robert Delucas","detail":"Managing member & cco in the 75% or more ownership band and a control person, since January 2019."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"Tennessee","offices":2,"addresses":[{"street":"9005 Overlook BLVD.","city":"Brentwood"},{"street":"1831 12th Ave. South","city":"Nashville"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"615-482-1599","stateRegisteredReps":2,"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)"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":8},{"label":"U.S. government/agency bonds","percent":7},{"label":"U.S. state and local bonds","percent":4},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":75},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"27 January 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/300884/PDF/300884.pdf","brochureDate":"27 January 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1004164","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 Afton Advisors have?","answer":"Afton Advisors has 177 clients and manages $109 million for them, as of January 2026. They include 137 individual clients and 40 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 January 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Afton Advisors offer?","answer":"Afton Advisors 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":"Which custodians does Afton Advisors use?","answer":"Afton Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $105M. 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 January 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Afton Advisors have?","answer":"Afton Advisors has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 Afton Advisors invest in?","answer":"At the end of its last fiscal year, Afton Advisors’ separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 8% exchange-traded equities, 7% U.S. government and agency bonds, 5% cash and equivalents, 4% state and local bonds and 1% investment grade corporate 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 Afton Advisors?","answer":"Afton Advisors’ direct owner is Robert Delucas (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 27 January 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Afton Advisors get paid?","answer":"Afton Advisors 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 Afton Advisors?","answer":"Its phone number is 615-482-1599. Its website is aftonadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 27 January 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."}