{"url":"https://nivawealth.com/firms/awm-financial-services-144351","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/144351","regulatoryAum":320578704,"crd":"144351","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7638070","suffix":null,"lastName":"Davis","firstName":"Joel","middleName":"Dalton"},{"crd":"7914913","suffix":null,"lastName":"Edwards","firstName":"Ashton","middleName":"Colby"},{"crd":"7901592","suffix":null,"lastName":"King","firstName":"Andrew","middleName":"Nicholas"},{"crd":"7589973","suffix":null,"lastName":"MILLER","firstName":"COLTON","middleName":"JOHN"},{"crd":"7288808","suffix":null,"lastName":"Napoleon","firstName":"Justin","middleName":"W"},{"crd":"6639503","suffix":null,"lastName":"Stevenson","firstName":"Matthew","middleName":"Ian"},{"crd":"5358097","suffix":null,"lastName":"Wheless","firstName":"Daniel","middleName":"Ryan"}],"total":7,"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":"2021-07-28","regulatoryAum":121081714,"clients":478,"employees":11,"offices":1},{"filedOn":"2022-02-09","regulatoryAum":180423211,"clients":732,"employees":11,"offices":1},{"filedOn":"2023-05-01","regulatoryAum":172309075,"clients":972,"employees":11,"offices":1},{"filedOn":"2024-05-16","regulatoryAum":198000000,"clients":616,"employees":13,"offices":1},{"filedOn":"2025-06-13","regulatoryAum":233714026,"clients":1345,"employees":15,"offices":1},{"filedOn":"2026-03-20","regulatoryAum":320578704,"clients":209,"employees":19,"offices":1}],"secFileNumber":"801-120940","legalName":"Awm Financial Services Inc.","displayName":"Awm Financial Services","slug":"awm-financial-services-144351","website":"https://alliedwealth.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2007","organization":"Texas corporation","fiscalYearEnd":"December","headquarters":{"street":"9595 Six Pines Drive, Building 4 Suite 4230","city":"The Woodlands","state":"TX","stateName":"Texas","country":"United States","postalCode":"77380"},"tradeNames":[],"registration":{"secApproved":"23 April 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1569092.89,"staff":{"employees":19,"advisory":7,"brokerDealerReps":0,"insuranceAgents":7,"promoters":0},"aum":{"regulatory":320578704,"discretionary":320578704,"discretionaryAccounts":2700,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":158,"regulatoryAum":239669564},{"label":"High-net-worth individuals","clients":42,"regulatoryAum":74149014},{"label":"Other investment advisers","clients":4,"regulatoryAum":3515893},{"label":"Corporations and other businesses","clients":5,"regulatoryAum":3244233}],"feePrograms":[{"role":"main","program":"Portfolio Management Fees","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022649","versionId":1022649,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-20","documentName":"ADV PART 2A","fee_rate_low":null,"fee_rate_high":2,"fee_negotiable":null,"minimum_account":500000,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning and Consulting","summary":"Financial planning and consulting are billed at an hourly fee of $1,000, negotiable, with full payment due on completion of the services.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022649","versionId":1022649,"submittedOn":"2026-03-20","documentName":"ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:36:02.2478+00:00","documents":[{"name":"ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022649","versionId":1022649,"submittedOn":"2026-03-20"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":320578704}],"custodyNote":"Awm Financial Services does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Matthew Stevenson","title":"President","crd":"6639503"},{"name":"Ruth Thortvedt","title":"Chief Compliance Officer","crd":"7038795"},{"name":"Daniel Wheless","title":"Founder/CEO","crd":"5358097"}],"ownership":[{"label":"Daniel Wheless","detail":"Founder/ceo in the 75% or more ownership band and a control person, since January 2008."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Texas","offices":1,"addresses":[{"street":"9595 Six Pines Drive, Building 4 Suite 4230","city":"The Woodlands","headquarters":true}]}],"brochureServices":["education planning","insurance","retirement plan services","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"281-444-7555","stateRegisteredReps":7,"otherAdviserReps":1,"compensation":["A percentage of assets under management","Hourly charges","Other"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)","Educational seminars/workshops"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":20},{"label":"Non-exchange-traded equity securities","percent":10},{"label":"Securities issued by registered investment companies or business development companies","percent":70}],"privateFunds":0},"sources":{"adv1FilingDate":"20 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/144351/PDF/144351.pdf","brochureDate":"20 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022649","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 Awm Financial Services have?","answer":"Awm Financial Services has 209 clients and manages $321 million for them, as of March 2026. They include 158 individual clients, 42 high-net-worth individuals, and 5 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Awm Financial Services offer?","answer":"Awm Financial Services provides financial planning, portfolio management for individuals and small businesses, selecting other managers, educational seminars, education planning, insurance, retirement plan services, and tax 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 Awm Financial Services charge?","answer":"Awm Financial Services charges up to 2.00% a year for its Portfolio Management Fees. The fee is billed in arrears and requires an account of at least $500,000.","source":"ADV PART 2A, filed 20 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Awm Financial Services use?","answer":"Awm Financial Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $321M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Awm Financial Services have?","answer":"Awm Financial Services has 7 investment adviser representatives registered with state securities authorities, out of 19 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 7 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 Awm Financial Services invest in?","answer":"At the end of its last fiscal year, Awm Financial Services’ separately managed accounts held 70% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities and 10% non-exchange-traded equities.","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":"Does Awm Financial Services have a minimum investment?","answer":"Yes, Awm Financial Services’ minimum account size for its Portfolio Management Fees is $500K.","source":"ADV PART 2A, filed 20 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Awm Financial Services?","answer":"Awm Financial Services’ direct owner is Daniel Wheless (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Awm Financial Services get paid?","answer":"Awm Financial Services is paid through a percentage of assets under management, hourly charges and other compensation. 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 Awm Financial Services?","answer":"Awm Financial Services’ main office is at 9595 Six Pines Drive, Building 4 Suite 4230, The Woodlands, TX 77380. Its phone number is 281-444-7555. Its website is alliedwealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 20 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."}