{"url":"https://nivawealth.com/firms/brent-forrest-and-associates-126266","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/126266","regulatoryAum":657087013,"crd":"126266","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7153332","suffix":null,"lastName":"Alamillo","firstName":"Elizabeth","middleName":"Ann"},{"crd":"6679382","suffix":null,"lastName":"CHAMNESS","firstName":"TAYLOR","middleName":"A"},{"crd":"6328608","suffix":null,"lastName":"COY","firstName":"THOMAS","middleName":"JAMES"},{"crd":"7015092","suffix":null,"lastName":"Gurinsky","firstName":"Rachel","middleName":"Shayna"},{"crd":"6140457","suffix":null,"lastName":"Pabilona","firstName":"Esmond","middleName":"M"},{"crd":"6315096","suffix":null,"lastName":"STORVIK","firstName":"ANDERS","middleName":"OLSEN"}],"total":6,"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":"2021-04-07","regulatoryAum":497471229,"clients":361,"employees":7,"offices":1},{"filedOn":"2022-07-13","regulatoryAum":584195582,"clients":369,"employees":7,"offices":1},{"filedOn":"2023-04-03","regulatoryAum":458687899,"clients":487,"employees":8,"offices":1},{"filedOn":"2024-06-12","regulatoryAum":505807555,"clients":473,"employees":6,"offices":1},{"filedOn":"2025-07-24","regulatoryAum":525861255,"clients":489,"employees":6,"offices":1},{"filedOn":"2026-07-24","regulatoryAum":657087013,"clients":446,"employees":9,"offices":1}],"secFileNumber":"801-72638","legalName":"Brent Forrest & Associates, L.L.C.","displayName":"Brent Forrest & Associates","slug":"brent-forrest-and-associates-126266","website":"https://welafa.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"1995","organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"366 W Sunset RD, Building 4","city":"San Antonio","state":"TX","stateName":"Texas","country":"United States","postalCode":"78209"},"tradeNames":[],"registration":{"secApproved":"3 August 2011","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1487315.961098398,"staff":{"employees":9,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":657087013,"discretionary":657087013,"discretionaryAccounts":1548,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":3},"clientTypes":[{"label":"Individuals (other than HNW)","clients":385,"regulatoryAum":122157527},{"label":"High-net-worth individuals","clients":52,"regulatoryAum":527799548},{"label":"Pension and profit-sharing plans","clients":4,"fewerThan5":true,"regulatoryAum":2500000},{"label":"Charitable organizations","clients":2,"fewerThan5":true,"regulatoryAum":2500000},{"label":"Other","clients":3,"fewerThan5":true,"regulatoryAum":2129938}],"feePrograms":[{"role":"main","program":"Investment Management Fees","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052676","versionId":1052676,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-07-23","documentName":"PART 2A BROCHURE","fee_rate_low":null,"fee_rate_high":1,"fee_negotiable":null,"minimum_account":300000,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial planning membership","summary":"Annual fee of $1,000 to $10,000, billed semi-annually, quarterly or monthly, plus a one-time $250 onboarding fee that may be waived.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052676","versionId":1052676,"submittedOn":"2026-07-23","documentName":"PART 2A BROCHURE"},{"role":"other","program":"Investment consulting","summary":"Hourly rate of $250, billed as services are rendered.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052676","versionId":1052676,"submittedOn":"2026-07-23","documentName":"PART 2A BROCHURE"},{"role":"other","program":"One-time financial planning","summary":"Hourly rate of $250, with the hours estimated and quoted in advance; half the total fee is due when the planning agreement is signed.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052676","versionId":1052676,"submittedOn":"2026-07-23","documentName":"PART 2A BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T06:28:28.210475+00:00","documents":[{"name":"PART 2A BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052676","versionId":1052676,"submittedOn":"2026-07-23"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":657087013}],"custodyNote":"Brent Forrest & Associates does not have custody of client assets.","leadership":[{"name":"Priscilla McKinley","title":"Partner/Owner","crd":"1924315"},{"name":"Esmond Pabilona","title":"Business Development & Managing Partner","crd":"6140457"},{"name":"Anders Storvik","title":"Managing Partner/CCO/Client Advisor","crd":"6315096"}],"ownership":[{"label":"Priscilla McKinley","detail":"Partner/owner in the 25% to 50% ownership band and a control person, since January 2016."},{"label":"Esmond Pabilona","detail":"Business development & managing partner in the 25% to 50% ownership band and a control person, since January 2020."},{"label":"Anders Storvik","detail":"Managing partner/cco/client advisor in the 25% to 50% ownership band and a control person, since January 2020."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Texas","offices":1,"addresses":[{"street":"366 W Sunset RD, Building 4","city":"San Antonio","headquarters":true}]}],"brochureServices":["business succession planning","estate planning","insurance","retirement plan services","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"210-530-9599","stateRegisteredReps":4,"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","Publication of periodicals or newsletters","Educational seminars/workshops"],"financialPlanningClients":"251-500","assetMix":[{"label":"Exchange-traded equity securities","percent":99},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"24 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/126266/PDF/126266.pdf","brochureDate":"23 July 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052676","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-26","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Brent Forrest & Associates have?","answer":"Brent Forrest & Associates has 446 clients and manages $657 million for them, as of July 2026. They include 385 individual clients, 52 high-net-worth individuals, and 4 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 24 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Brent Forrest & Associates offer?","answer":"Brent Forrest & Associates provides financial planning, portfolio management for individuals and small businesses, publishing newsletters, educational seminars, business succession planning, estate 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 Brent Forrest & Associates charge?","answer":"Brent Forrest & Associates charges up to 1.00% a year for its Investment Management Fees. The fee is billed in advance and requires an account of at least $300,000.","source":"PART 2A BROCHURE, filed 23 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Brent Forrest & Associates use?","answer":"Brent Forrest & Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $657M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Brent Forrest & Associates have?","answer":"Brent Forrest & Associates has 4 investment adviser representatives registered with state securities authorities, out of 9 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Brent Forrest & Associates invest in?","answer":"At the end of its last fiscal year, Brent Forrest & Associates’ separately managed accounts held 99% 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":"Does Brent Forrest & Associates have a minimum investment?","answer":"Yes, Brent Forrest & Associates’ minimum account size for its Investment Management Fees is $300K.","source":"PART 2A BROCHURE, filed 23 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Brent Forrest & Associates?","answer":"Brent Forrest & Associates’ direct owners are Priscilla McKinley, Esmond Pabilona and Anders Storvik, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 24 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Brent Forrest & Associates get paid?","answer":"Brent Forrest & Associates 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 Brent Forrest & Associates registered with the SEC?","answer":"Yes, Brent Forrest & Associates has been registered with the SEC as an investment adviser since 3 August 2011. Its CRD number is 126266 and its SEC file number is 801-72638.","source":"Form ADV Part 1A, Item 1, filed 24 July 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Brent Forrest & Associates?","answer":"Brent Forrest & Associates’ main office is at 366 W Sunset RD, Building 4, San Antonio, TX 78209. Its phone number is 210-530-9599. Its website is welafa.com.","source":"Form ADV Part 1A, Item 1.F, filed 24 July 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."}