{"url":"https://nivawealth.com/firms/binnacle-investments-313185","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/313185","regulatoryAum":264137161,"crd":"313185","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6035717","suffix":null,"lastName":"BLANKENBURG","firstName":"BRIAN","middleName":"LEE"},{"crd":"8029674","suffix":null,"lastName":"ELLGREN","firstName":"DRAKE","middleName":"MATTHEW"},{"crd":"4862687","suffix":null,"lastName":"ONSTOT","firstName":"MATTHEW","middleName":"SCOTT"},{"crd":"7292715","suffix":null,"lastName":"Peck","firstName":"Connor","middleName":"Austin"},{"crd":"4930051","suffix":null,"lastName":"WILTSE","firstName":"JASON","middleName":"PAUL"}],"total":5,"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":"2021-07-01","regulatoryAum":0,"clients":0,"employees":3,"offices":1},{"filedOn":"2022-04-29","regulatoryAum":151747928,"clients":421,"employees":5,"offices":2},{"filedOn":"2023-03-27","regulatoryAum":161323709,"clients":458,"employees":5,"offices":3},{"filedOn":"2024-02-09","regulatoryAum":183581167,"clients":308,"employees":8,"offices":3},{"filedOn":"2025-03-25","regulatoryAum":217434618,"clients":347,"employees":8,"offices":3},{"filedOn":"2026-05-21","regulatoryAum":264137161,"clients":354,"employees":8,"offices":3}],"secFileNumber":"801-120747","legalName":"Binnacle Investments, Inc.","displayName":"Binnacle Investments","slug":"binnacle-investments-313185","website":"https://wilonwm.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/1373095/","xUrl":"https://x.com/WilonWM","founded":"2007","organization":"Iowa corporation","fiscalYearEnd":"December","headquarters":{"street":"2400 86th Street, Suite 32","city":"Urbandale","state":"IA","stateName":"Iowa","country":"United States","postalCode":"50322"},"tradeNames":[],"registration":{"secApproved":"9 April 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":740028.5171428572,"staff":{"employees":8,"advisory":5,"brokerDealerReps":3,"insuranceAgents":5,"promoters":1},"aum":{"regulatory":264137161,"discretionary":264137161,"discretionaryAccounts":885,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":220,"regulatoryAum":43563112},{"label":"High-net-worth individuals","clients":130,"regulatoryAum":215446869},{"label":"Charitable organizations","clients":4,"fewerThan5":true,"regulatoryAum":5127180}],"feePrograms":[{"role":"other","program":"Financial Planning (Fixed Fee)","summary":"The total financial planning fee is a flat fee based on the scope and complexity of the client's situation, from $2,500 up to $15,000.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1019830","versionId":1019830,"submittedOn":"2026-03-16","documentName":"ADV PART 2A- BINNACLE INVESTMENTS, INC. DBA WILON WEALTH MANAGEMENT"},{"role":"other","program":"Financial Planning (Hourly)","summary":"An hourly fee for services based on their nature and complexity, negotiated between $150 and $350 an hour.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1019830","versionId":1019830,"submittedOn":"2026-03-16","documentName":"ADV PART 2A- BINNACLE INVESTMENTS, INC. DBA WILON WEALTH MANAGEMENT"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T16:55:40.560301+00:00","documents":[{"name":"ADV PART 2A- BINNACLE INVESTMENTS, INC. DBA WILON WEALTH MANAGEMENT","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1019830","versionId":1019830,"submittedOn":"2026-03-16"}]},"custodians":[{"name":"SEI Investments Distribution Co.","shortName":"SEI Investments Distribution","location":"Oaks, PA","smaAssets":259495316}],"custodyNote":"Binnacle Investments does not have custody of client assets.","leadership":[{"name":"Matthew Onstot","title":"Director and Chief Compliance Officer","crd":"4862687"},{"name":"Jason Wiltse","title":"Director","crd":"4930051"}],"ownership":[{"label":"Matthew Onstot","detail":"Director and chief compliance officer in the 50% to 75% ownership band and a control person, since April 2021."},{"label":"Jason Wiltse","detail":"Director in the 50% to 75% ownership band and a control person, since April 2021."}],"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"Iowa","offices":3,"addresses":[{"street":"2400 86th Street, Suite 32","city":"Urbandale","headquarters":true},{"street":"9 Plaza Drive","city":"Clear Lake"},{"street":"414 West Main","city":"Sac City"}]}],"brochureServices":["education planning","estate planning","insurance","philanthropic planning","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"515-225-9500","stateRegisteredReps":5,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","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":"251-500","assetMix":[{"label":"Exchange-traded equity securities","percent":13},{"label":"U.S. state and local bonds","percent":1},{"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":10}],"privateFunds":0},"sources":{"adv1FilingDate":"21 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/313185/PDF/313185.pdf","brochureDate":"16 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1019830","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 Binnacle Investments have?","answer":"Binnacle Investments has 354 clients and manages $264 million for them, as of May 2026. They include 220 individual clients, 130 high-net-worth individuals and 4 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 21 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Binnacle Investments offer?","answer":"Binnacle Investments provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, insurance, philanthropic planning, 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":"Which custodians does Binnacle Investments use?","answer":"Binnacle Investments’ separately managed account assets are held at SEI Investments Distribution Co. (Oaks, PA), with $259M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 21 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Binnacle Investments have?","answer":"Binnacle Investments has 5 investment adviser representatives registered with state securities authorities, out of 8 employees, and 5 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 5 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 Binnacle Investments invest in?","answer":"At the end of its last fiscal year, Binnacle Investments’ separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 13% exchange-traded equities, 10% cash and equivalents, 1% 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 Binnacle Investments?","answer":"Binnacle Investments’ direct owners are Matthew Onstot (50% to 75%) and Jason Wiltse (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 21 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Binnacle Investments get paid?","answer":"Binnacle Investments is paid through a percentage of assets under management, hourly charges 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":"Is Binnacle Investments registered with the SEC?","answer":"Yes, Binnacle Investments has been registered with the SEC as an investment adviser since 9 April 2021. Its CRD number is 313185 and its SEC file number is 801-120747.","source":"Form ADV Part 1A, Item 1, filed 21 May 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Binnacle Investments?","answer":"Binnacle Investments’ main office is at 2400 86th Street, Suite 32, Urbandale, IA 50322. Its phone number is 515-225-9500. Its website is wilonwm.com.","source":"Form ADV Part 1A, Item 1.F, filed 21 May 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."}