{"url":"https://nivawealth.com/firms/bison-wealth-management-340724","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/340724","regulatoryAum":131028624,"crd":"340724","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1777181","suffix":null,"lastName":"FRIEDMAN","firstName":"GARY","middleName":"EVAN"},{"crd":"1560072","suffix":null,"lastName":"RYAN","firstName":"REGINA","middleName":"MAE"},{"crd":"8323913","suffix":null,"lastName":"Yormick","firstName":"Cerri","middleName":"Stephen"},{"crd":"2294565","suffix":null,"lastName":"YORMICK","firstName":"DAVID","middleName":"MICHAEL"}],"total":4,"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":"801-136720","legalName":"Bison Wealth Management, LLC","displayName":"Bison Wealth 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HNW)","clients":112,"regulatoryAum":36799667},{"label":"High-net-worth individuals","clients":48,"regulatoryAum":94228957}],"feePrograms":[{"role":"main","program":"Wealth Management Services","feeBasis":"marginal","fee_tiers":[{"to":2000000,"pct":1,"from":0},{"to":3000000,"pct":0.8,"from":2000000},{"to":5000000,"pct":0.6,"from":3000000},{"to":null,"pct":0.5,"from":5000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1058368","versionId":1058368,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-09-18","documentName":"BISON WEALTH MANAGMENT, LLC DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENTS","fee_rate_low":0.5,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Stand-Alone Financial Planning","summary":"Stand-alone financial planning is billed at $150 per hour, with a required minimum engagement of $500.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1058368","versionId":1058368,"submittedOn":"2026-09-18","documentName":"BISON WEALTH MANAGMENT, LLC DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENTS"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T18:15:12.504367+00:00","documents":[{"name":"BISON WEALTH MANAGMENT, LLC DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENTS","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1058368","versionId":1058368,"submittedOn":"2026-09-18"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":129062836}],"custodyNote":"Bison Wealth Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"David Yormick","title":"Managing Member & Chief Compliance 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investment companies or business development companies","percent":21},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"18 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/340724/PDF/340724.pdf","brochureDate":"18 September 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1058368","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 Bison Wealth Management have?","answer":"Bison Wealth Management has 160 clients and manages $131 million for them, as of September 2026. They include 112 individual clients and 48 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 18 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Bison Wealth Management offer?","answer":"Bison Wealth Management 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 Bison Wealth Management charge?","answer":"Bison Wealth Management charges 0.50%–1.00% a year for its Wealth Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.","source":"BISON WEALTH MANAGMENT, LLC DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENTS, filed 18 September 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Bison Wealth Management use?","answer":"Bison Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $129M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Bison Wealth Management have?","answer":"Bison Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.","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 Bison Wealth Management invest in?","answer":"At the end of its last fiscal year, Bison Wealth Management’s separately managed accounts held 72% exchange-traded equities, 21% registered funds (mutual funds, ETFs, BDCs), 5% cash and equivalents and 1% U.S. government and agency 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 Bison Wealth Management?","answer":"Bison Wealth Management’s direct owner is David Yormick (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 18 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Bison Wealth Management get paid?","answer":"Bison Wealth Management is paid through a percentage of assets under management and hourly charges. 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 Bison Wealth Management?","answer":"Bison Wealth Management’s main office is at 5010 Mayfield Road, Suite 201, Lyndhurst, OH 44124. Its phone number is 216-270-4425. Its website is bisonllc.com.","source":"Form ADV Part 1A, Item 1.F, filed 18 September 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."}