NivaLet’s talk

Ausdal Financial Partners

Wealth managementBroker-dealer affiliate

Davenport, IACRD 7995Updated

Ausdal Financial Partners is an investment adviser based in Davenport, IA, registered with the SEC since 2008. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and corporations and other businesses. Its regulatory assets under management total $3.73 billion, as filed on 13 April 2026.

$3.73B
AUM
16.6K
Clients
$221K
AUM per individual client
168
Advisory staff
112
Offices
3.00%
Annual fee
Up to

From Form ADV filed 13 April 2026SEC record

Services and clients

Ausdal Financial Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers. Financial planning was provided to 101–250 clients last fiscal year.

Ausdal Financial Partners reports 16,572 clients. They include 12,432 individual clients, 4,004 high-net-worth individuals, and 97 corporations and other businesses. Of its assets, 93.3% ($3.48B across 15,750 accounts) are managed with discretion; $250M across 822 accounts are not. A wrap fee program the firm both sponsors and manages holds $478M. It advised 665 clients without assets under management last fiscal year.

Clients and assets by client type
Clients16,572 clients
Assets$3.73B
Share of clients and assets by client type
Client typeClientsAssets
Individuals (other than HNW)75%42%
High-net-worth individuals24%55%
Pension and profit-sharing plans<1%<1%
Charitable organizations<1%<1%
Corporations and other businesses<1%2%
Client breakdown and activity details
Individuals (other than HNW)
Clients
12,432
Regulatory AUM
$1.57B
AUM share
41.9%
Avg. per client
$126K
High-net-worth individuals
Clients
4,004
Regulatory AUM
$2.06B
AUM share
55.3%
Avg. per client
$516K
Pension and profit-sharing plans
Clients
21
Regulatory AUM
$15.3M
AUM share
0.4%
Avg. per client
$727K
Charitable organizations
Clients
18
Regulatory AUM
$5.07M
AUM share
0.1%
Avg. per client
$282K
Corporations and other businesses
Clients
97
Regulatory AUM
$82.7M
AUM share
2.2%
Avg. per client
$853K

Total

Clients
16,572
Regulatory AUM
$3.73B
AUM share
100%
Avg. per client
$225K
Clients outside the U.S.
0%
Clients advised without assets under management last fiscal year
665
Private funds advised
0
Financial planning clients last fiscal year
101–250

Fees and minimums

Ausdal Financial Partners charges up to 3.00% a year for its Investment Advisory Program - Advisor Managed Account; its fees and minimums are set out in its brochures on the SEC website.

Ownership and people

Afp Holdco, LLC owns 75% or more of Ausdal Financial Partners. The leadership team of Ausdal Financial Partners includes President John Bryan Hicks and Chief Compliance Officer Nathan David Westcomb. It has 306 employees, 168 of them in advisory roles.

Leadership

  • John Bryan Hicks
    Shareholder,vice President, Board Member
  • David Bruce Roberts
    Vice President, Shareholder, Board Member
  • Nathan David Westcomb
    Chief Compliance Officer
  • Ivana M Shumberg
    FINOP
  • James Jefferson Simpson
    Shareholder, CEO, Board Member

Investment adviser representatives

189 representatives listed in the SEC register as of 9 October 2026.

  • Joseph G Alagna
  • Paul Graham Alberts
  • Susan Michelle Alexander
  • Christopher Michael Allen
  • Patrick Daniel Altmiller
  • Roger Owen Anderson
  • Tyler Andrew Anderson
  • Isabella Armour
  • James Michael Armour
  • Gerhard Roy Axen
  • Kurt Russell Baldry
  • Robert Michael Batutis II

Staff

  • 306 employees
  • 168 in advisory functions
  • 180 state-registered reps
  • 283 broker-dealer reps
  • 211 insurance agents
Who owns the firm
Ausdal Financial Partners, Inc.· the adviser

  • Afp Holdco, LLC

    Control person · since August 2025

    Owns 75% or more of Ausdal Financial Partners, Inc.

Growth and acquisitions

Ausdal Financial Partners’ regulatory assets grew 2.8× from $1.34B (July 2021) to $3.73B (April 2026); clients rose from 7,017 to 16,572 and employees from 256 to 306.

By annual filing
Measure
Figures from each annual filing
Ausdal Financial Partners figures from each annual Form ADV filing
FiledRegulatory AUMClientsStaffEmployeesOffices
Apr 2026April 2026$3.73B16,572306112
Jul 2025July 2025$2.13B10,40240525
Apr 2024April 2024$1.53B8,07931787
Apr 2023April 2023$1.42B8,303325126
Apr 2022April 2022$1.67B7,78737098
Jul 2021July 2021$1.34B7,017256106

Offices and registration details

Besides its headquarters, Ausdal Financial Partners has 111 offices, with 26 listed addresses across 10 states.

Listed office addresses by state

Iowa · 3 listed addresses

  • 5187 Utica Ridge RD, DavenportHQ
  • 1301 9th Avenue NW, Clinton
  • 2435 Kimberly RD, Bettendorf

Other business names

Ausdal Financial Partners has reported 94 other business names to the SEC.

  • Alberts Wealth Advisors, LLC
  • American Ira Advisor
  • Aperature Wealth Partners
  • Armour Capital, LLC
  • B & N Financial
  • BCH Wealth Management
  • Berman Capital Management and Research
  • Beverly Curmanskie Financial, LLC
  • Big Timber Wealth Management
  • Burgoyne Wealth Management
  • C&C Asset Management
  • Capital Business Strategies
Show all 94 names
  • Carr Wealth Management
  • Chicago Financial Advisors
  • Choices Financial Services
  • Clarity Group Midwest
  • Cobrity Financial
  • Cornerstone Asset Management Group, LLC
  • Cross Walk Wealth Management
  • Denim and Diamonds Financial Solutions
  • Dennis A. Lipoff, PH.D & Associates, LTD
  • Durment Financial Planning
  • Ellefson and Associates
  • Engel Wealth Management
  • Farley Financial
  • Financial Matters Group
  • First Gen Planning
  • Fisch Financial, LLC
  • Floyd Financial Services, Inc.
  • Fox Valley Financial
  • Freedom Financial Group
  • Frolicstein Financial Wealth Management
  • Fromm Investment Management
  • Grand Glaize Wealth
  • Greenway Advisors
  • Guilliatt and Associates
  • Hall Financial Partners
  • Hinsdale Capital Investments
  • Indiano & Company CPA'S Inc
  • Infinity Consultants Inc.
  • Infinity Tax and Financial, LLC
  • Insignia Wealth Management
  • Integrity Financial Strategies
  • Intervest International, Inc.
  • J.R. Dewitt Insurance
  • JML the Lancaster Co
  • Joan K. Johnson Financial
  • Julian Financial Group
  • Karstenson Financial Services
  • Kmetz Financial
  • Kvasnicka & Kneip
  • Lichtfuss Financial Services
  • M. Brown Financial Advisors
  • McLemore Financial
  • Minner & Company, P.C.
  • Mint Hill Wealth
  • Mission Critical Fpi
  • Newman & Associates
  • Niedermeier Agency
  • Ocean Crest Wealth Management
  • Passport Wealth Management
  • Paxton Financial Services
  • Pinnacle Wealth Management
  • Prism Financial Group, LTD.
  • Retirewell USA
  • Roger O. Anderson, CPA
  • Russell Wealth Group
  • Safe Harbor Retirement Consultants
  • Saltiel Wealth Management
  • Schneider Consultants
  • Seabreeze Wealth Management
  • Semrau Wealth Strategies
  • Silver Birch Capital Advisors
  • Sterling Financial Advisory Services
  • Stewart Wealth Advisors
  • Strategic Financial Planning
  • Strauts Capital Management
  • T/V Brokerage, Inc.
  • TJ Sullivan & Company
  • TK Financial
  • Team Private Wealth
  • The CF Partners
  • The McCausland Group
  • The Only Cornerstone
  • The Serpe Insurance Agency
  • The Wenstrup Company
  • Thomas G. Schaefer & Associates
  • Timberland Financial Group
  • WPF Wealth Management
  • Waterseed Wealth Management
  • Wealth Advisors Financial Group, Inc
  • Wealth QC
  • Wenger Financial Group
  • Wilson Wealth Management

Contact and registration details

Legal name
Ausdal Financial Partners, Inc.
Headquarters
5187 Utica Ridge RD, Davenport, IA 52807
Website
Not reported
Phone
563-326-2064
LinkedIn
@ausdal-financial-partners
SEC file
801-69266
Structure
Iowa corporation
Fiscal year end
January

Custodians

Ausdal Financial Partners’ named custodians for separately managed accounts are Charles Schwab ($2.83B, 83%) and Pershing ($584M, 17%). Ausdal Financial Partners has custody of $1.04B for 3,480 clients.

Reported separately managed account assets by custodian
$3.41B
named custodians
  • PershingPershing LLC · Jersey City, NJ · $584M17%
  • Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $2.83B83%

Investments and reported holdings

At year end, Ausdal Financial Partners’ separately managed accounts were mostly in funds (72%) and stocks (21%). Its reported 13F holdings for the quarter ended 30 June 2026 total $2.56B across 1,043 positions; the largest are iShares TR (3.5%), Caterpillar Inc. (2.8%) and Apple Inc. (2.5%).

What the accounts hold

Separately managed account assets by class, year end
  • Stocks21%
    • Exchange-traded equities20%
    • Non-exchange-traded equities1%
  • Funds72%
    • Registered funds70%
    • Pooled vehicles2%
  • Bonds1%
  • Cash4%
  • Other2%
    • Variable annuities, 529 plans holdings2%

Reported 13F holdings

$2.56B
Reported 13F value
1,043
Positions
20.1%
In the 10 largest
+13.7%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. iShares TR · Trust Ishare 0-13.5%
  2. Caterpillar Inc.2.8%
  3. Apple Inc.2.5%
  4. Schwab Strategic TR · US Lcap GR ETF2.0%
  5. Invesco Qqq TR · Unit Ser 11.8%
  6. SPDR Series Trust · ST Str Blo 1 ETF1.8%
  7. Nvidia Corporation1.7%
  8. Wisdomtree TR · Floatng Rat Trea1.6%
  9. State Str SPDR S&P 500 ETF T · TR Unit1.2%
  10. First TR Exchng Traded FD VI · FT Ladd Buff ETF1.2%

Together, the ten largest are 20.1% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 14 August 2026

Common questions

How many clients does Ausdal Financial Partners have?

Ausdal Financial Partners has 16,572 clients and manages $3.73 billion for them, as of April 2026. They include 12,432 individual clients, 4,004 high-net-worth individuals, and 97 corporations and other businesses.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 April 2026

What services does Ausdal Financial Partners offer?

Ausdal Financial Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How much does Ausdal Financial Partners charge?

Ausdal Financial Partners charges up to 3.00% a year for its Investment Advisory Program - Advisor Managed Account.

Source: AUSDAL FINANCIAL PARTNERS, INC. PART 2A BROCHURE, filed 9 April 2026

Which custodians does Ausdal Financial Partners use?

Ausdal Financial Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $2.83B and Pershing LLC (Jersey City, NJ), with $584M. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 April 2026

How many financial advisors does Ausdal Financial Partners have?

Ausdal Financial Partners has 180 investment adviser representatives registered with state securities authorities, out of 306 employees, and 168 perform investment advisory functions. 283 employees are registered representatives of a broker-dealer and 211 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

What does Ausdal Financial Partners invest in?

At the end of its last fiscal year, Ausdal Financial Partners’ separately managed accounts held 70% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 4% cash and equivalents, 2% pooled vehicles (private funds and similar), 2% other, 1% non-exchange-traded equities and 1% U.S. government and agency bonds. The 2% other category is described as: Variable Annuities, 529 Plans Holdings.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Ausdal Financial Partners?

Ausdal Financial Partners’ direct owner is Afp Holdco, LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 13 April 2026

How does Ausdal Financial Partners get paid?

Ausdal Financial Partners is paid through a percentage of assets under management, hourly charges, fixed fees, commissions and other compensation. Its Form ADV lists no 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

How do I contact Ausdal Financial Partners?

Ausdal Financial Partners’ main office is at 5187 Utica Ridge RD, Davenport, IA 52807. Its phone number is 563-326-2064.

Source: Form ADV Part 1A, Item 1.F, filed 13 April 2026

Sources and methodology

  1. Form ADV Part 1A, amendment filed 13 April 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. AUSDAL FINANCIAL PARTNERS, INC. PART 2A BROCHURE, submitted 9 April 2026.
  3. SEC-filed document.
  4. IAPD firm record, CRD 7995.
  5. SEC registered adviser data, annual Form ADV amendments filed 9 July 2021 to 13 April 2026. Items 1.F and 5.
  6. SEC investment adviser representative register, as of 9 October 2026; loaded 10 October 2026.
  7. Form 13F-HR, filed 14 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since. Disciplinary history is not yet shown here. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one.

Download source data (JSON)How this directory is compiledReport a correction