{"url":"https://nivawealth.com/firms/ark-advisors-167456","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/167456","regulatoryAum":195639810,"crd":"167456","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"3037176","suffix":null,"lastName":"METZ","firstName":"BRAD","middleName":"RICHARD"},{"crd":"8278623","suffix":null,"lastName":"Vance","firstName":"Henry","middleName":"Andrew"},{"crd":"5427426","suffix":null,"lastName":"VANCE","firstName":"PATRICK","middleName":"ANDREW"}],"total":3,"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":"2025-01-10","regulatoryAum":170271012,"clients":307,"employees":2,"offices":1},{"filedOn":"2026-01-25","regulatoryAum":195639810,"clients":339,"employees":2,"offices":1}],"secFileNumber":"801-131956","legalName":"Ark Advisors LLC","displayName":"Ark Advisors","slug":"ark-advisors-167456","website":"https://arkadvisorsllc.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Illinois limited liability company","fiscalYearEnd":"December","headquarters":{"street":"205 N. Williamsburg Drive, Suite E","city":"Bloomington","state":"IL","stateName":"Illinois","country":"United States","postalCode":"61704"},"tradeNames":[],"registration":{"secApproved":"10 February 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":536921.083076923,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":195639810,"discretionary":179142310,"discretionaryAccounts":1046,"nonDiscretionary":16497500,"nonDiscretionaryAccounts":13,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":205,"regulatoryAum":47389131},{"label":"High-net-worth individuals","clients":120,"regulatoryAum":127110221},{"label":"Pension and profit-sharing plans","clients":13,"regulatoryAum":16497500},{"label":"Charitable organizations","clients":1,"regulatoryAum":4642958}],"feePrograms":[{"role":"main","program":"Investment Supervisory Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1003796","versionId":1003796,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-01-25","documentName":"ARK ADVISORS LLC ADV PART 2A FIRM BROCHURE","fee_rate_low":0.25,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning Fixed Fees","summary":"Fixed fees of $500 to $20,000 set by the complexity and breadth of planning, paid in advance but never more than six months ahead; negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1003796","versionId":1003796,"submittedOn":"2026-01-25","documentName":"ARK ADVISORS LLC ADV PART 2A FIRM BROCHURE"},{"role":"other","program":"Retirement Plan (401k) Services","summary":"Asset-based fee from 0.75% on the first $1.5 million of plan assets down to 0.10% above $10 million, billed monthly or quarterly in arrears; negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1003796","versionId":1003796,"submittedOn":"2026-01-25","documentName":"ARK ADVISORS LLC ADV PART 2A FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:41:29.052111+00:00","documents":[{"name":"ARK ADVISORS LLC ADV PART 2A FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1003796","versionId":1003796,"submittedOn":"2026-01-25"}]},"custodians":[{"name":"Capital Client Group, Inc.","shortName":"Capital Client Group","location":"Los Angeles, CA","smaAssets":25445500},{"name":"Wells Fargo Clearing Services, LLC","shortName":"Wells Fargo Clearing Services","location":"St. Louis, MO","smaAssets":161878555}],"custodyNote":"Ark Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Brad Metz","title":"Managing Member","crd":"3037176"},{"name":"Patrick Vance","title":"Managing Member - CCO","crd":"5427426"}],"ownership":[{"label":"Patrick Vance","detail":"Managing member - cco in the 50% to 75% ownership band and a control person, since April 2013."},{"label":"Brad Metz","detail":"Managing member in the 50% to 75% ownership band and a control person, since April 2013."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"205 N. Williamsburg Drive, Suite E","city":"Bloomington","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"309-661-2000","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"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":99},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"25 January 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/167456/PDF/167456.pdf","brochureDate":"25 January 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1003796","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 Ark Advisors have?","answer":"Ark Advisors has 339 clients and manages $196 million for them, as of January 2026. They include 205 individual clients, 120 high-net-worth individuals, and 13 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 25 January 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Ark Advisors offer?","answer":"Ark Advisors provides financial planning and portfolio management for individuals and small businesses.","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 Ark Advisors charge?","answer":"Ark Advisors charges 0.25%–1.50% a year for its Investment Supervisory Services. The fee is billed in arrears and is negotiable.","source":"ARK ADVISORS LLC ADV PART 2A FIRM BROCHURE, filed 25 January 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Ark Advisors use?","answer":"Ark Advisors’ separately managed account assets are held at Wells Fargo Clearing Services, LLC (St. Louis, MO), with $162M and Capital Client Group, Inc. (Los Angeles, CA), with $25.4M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 January 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Ark Advisors have?","answer":"Ark Advisors 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 Ark Advisors invest in?","answer":"At the end of its last fiscal year, Ark Advisors’ separately managed accounts held 99% registered funds (mutual funds, ETFs, BDCs), 1% exchange-traded equities and 1% 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":"Who owns Ark Advisors?","answer":"Ark Advisors’ direct owners are Patrick Vance (50% to 75%) and Brad Metz (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 25 January 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Ark Advisors get paid?","answer":"Ark 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 Ark Advisors?","answer":"Ark Advisors’ main office is at 205 N. Williamsburg Drive, Suite E, Bloomington, IL 61704. Its phone number is 309-661-2000. Its website is arkadvisorsllc.com.","source":"Form ADV Part 1A, Item 1.F, filed 25 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."}