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Bridges Investment Management

SEC-registered adviser since 1999Omaha, NECRD 108028

$11.3B
AUM
1,875
Clients
See fees
Fee
30
Advisory staff

From Form ADV filed 11 September 2026 · data retrieved 15 October 2026SEC record

Bridges Investment Management is an investment adviser headquartered in Omaha, Nebraska, and registered with the SEC since 1999. Its clients include high-net-worth individuals, charitable organizations, and corporations and other businesses. High-net-worth individuals account for 46% of its regulatory assets under management.

Its services include financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, and educational seminars. Fee arrangements include a percentage of assets under management, hourly charges, fixed fees and other arrangements. Bridges Holding Company, Inc. owns 75% or more of Bridges Investment Management, and Nicholas Wilwerding is its CEO.

Clients

Bridges Investment Management serves 1,875 clients, 752 of them high-net-worth individuals. The average client has about $6 million with the firm, and high-net-worth clients hold 46% of its $11.3 billion in assets.

Regulatory assets by client type
  • Individuals919 clients3%
  • High-net-worth individuals752 clients46%
  • Charitable organizations110 clients27%
  • Corporations and other businesses88 clients20%
  • OtherInvestment companies, Pooled investment vehicles, Pension and profit-sharing plans3%
Show client breakdown
Individuals (other than HNW)
Clients
919
Regulatory AUM
$379,457,125
Share
3.4%
Avg. per client
$413K
High-net-worth individuals
Clients
752
Regulatory AUM
$5,207,929,729
Share
46.1%
Avg. per client
$6.93M
Investment companies
Clients
1
Regulatory AUM
$226,083,292
Share
2.0%
Avg. per client
$226.1M
Pooled investment vehicles
Clients
1
Regulatory AUM
$73,807,817
Share
0.7%
Avg. per client
$73.8M
Pension and profit-sharing plans
Clients
4
Regulatory AUM
$32,810,224
Share
0.3%
Avg. per client
$8.20M
Charitable organizations
Clients
110
Regulatory AUM
$3,107,041,997
Share
27.5%
Avg. per client
$28.2M
Corporations and other businesses
Clients
88
Regulatory AUM
$2,280,423,716
Share
20.2%
Avg. per client
$25.9M

Total

Clients
1,875
Regulatory AUM
$11,307,553,900
Share
100%
Avg. per client
$6.03M

What it does

Bridges Investment Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, educational seminars and other activities. It is paid through a percentage of assets, hourly charges, fixed fees and other arrangements.

Bridges Investment Management provided financial planning to 26–50 clients last fiscal year and advises 1 private funds.

97.3% of assets ($11.00B across 3,145 accounts) are managed with discretion; $306.6M across 30 accounts are not. 0% of clients are outside the U.S., and 34 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks76%
  • Funds3%
  • Bonds7%
    • Investment grade corporate bonds4%
    • U.S. government and agency bonds3%
  • Cash8%
  • Other6%
    • Limited partnerships, reits, cmos6%

Custodians

Bridges Investment Management’s client accounts are held mainly at Bridges Trust, with 63% of managed assets, and Charles Schwab, with 27%. Bridges Investment Management has custody of client assets.

Managed account assets by custodian
  • Bridges TrustBridges Trust Company · Omaha, NE · $7.14B63%
  • Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $3.03B27%
  • All other custodians$1.13B10%

Ownership and leadership

Bridges Holding Company, Inc. owns 75% or more of Bridges Investment Management, and Nicholas Wilwerding is its CEO.

Who owns the firm
Bridges Investment Management Inc· the adviser

  • Bridges Holding Company, Inc.

    Control person · since July 2017

    Owns 75% or more of Bridges Investment Management Inc

Leadership

  • Nicholas Wilwerding
    Chief Executive Officer, President, Chairman, Director
  • Michael App
    Senior Vice President, & Director
  • Riley Hickman
    Chief Operating Officer, Executive Vice President, Director
  • Jack Holmes
    Chief Investment Officer, Senior Vice President, Director
  • Marietta Luellen
    Executive Vice President
  • Megan McMurry
    Executive Vice President
  • Douglas Plahn
    Senior Vice President & Director
  • Robert Baldi
    Chief Compliance Officer and Secretary
  • Pamela Schulte
    Treasurer and Director of Finance

Staff

  • 79 employees
  • 30 in advisory functions
  • 30 state-registered reps
  • 1 soliciting firm

Reported holdings

Bridges Investment Management’s reported 13F holdings total $7.38B across 396 positions, and the ten largest make up 39.0% of it.

$7.38B
Reported 13F value
396
Positions
39.0%
In the 10 largest
—
Value vs. prior quarter
Ten largest positions, share of reported value
  1. iShares Core S&P Mid Cap ETFETF5.3%
  2. Alphabet Inc. CL A5.2%
  3. Microsoft Corp.4.5%
  4. Apple Inc.4.3%
  5. Amazon.com Inc.4.0%
  6. Vanguard FTSE Developed MarketETF3.8%
  7. Nvidia Corporation3.5%
  8. Berkshire Hathaway Inc. Class A3.3%
  9. Mastercard2.6%
  10. Vanguard FTSE Emerging MarketsETF2.5%

Together, the ten largest are 39.0% of reported value.

The 50 largest positions and quarterly changesQuarter ended 31 March 2026 · filed 4 May 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $7.38B is not its $11.31B in regulatory assets and does not represent any individual client's portfolio.

Fees

Bridges Investment Management is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and other.

Bridges Investment Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Bridges Investment Management has 0 offices, with 1 listed address in 1 state.

Listed office addresses by state

Nebraska · 1 listed address

  • 13333 California ST, Suite 500, OmahaHQ

Registration details

Legal name
Bridges Investment Management Inc
Headquarters
13333 California ST, Suite 500, Omaha, NE 68154
Phone
402-397-4700
Website
www.bridgesinv.com
SEC file
801-57056
Structure
Nebraska corporation
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Bridges Investment Management have?

Bridges Investment Management has 1,875 clients and manages $11.3 billion for them, as of September 2026. They include 919 other individuals, 752 high-net-worth individuals and 110 charitable organizations.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 September 2026

What services does Bridges Investment Management offer?

Bridges Investment Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, educational seminars and other activities.

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

Which custodians does Bridges Investment Management use?

Bridges Investment Management’s separately managed account assets are held at Bridges Trust Company (Omaha, NE), with $7,144,460,411 and Charles Schwab & Co., Inc. (San Francisco, CA), with $3,034,019,833. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 September 2026

How many financial advisors does Bridges Investment Management have?

Bridges Investment Management has 30 investment adviser representatives registered with state securities authorities, out of 79 employees, and 30 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

What does Bridges Investment Management invest in?

At the end of its last fiscal year, Bridges Investment Management’s separately managed accounts held 76% exchange-traded equities, 8% cash and equivalents, 6% limited partnerships, reits, cmos, 4% investment grade corporate bonds, 3% U.S. government and agency bonds and 3% registered funds (mutual funds, ETFs, BDCs). It advises 1 private funds.

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

Who owns Bridges Investment Management?

Bridges Investment Management is owned through a chain of holding companies by McCarthy Group, LLC. Its direct owner is Bridges Holding Company, Inc. (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 11 September 2026

How does Bridges Investment Management get paid?

Bridges Investment Management is paid through a percentage of assets under management, hourly charges, fixed fees and other arrangements. 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

Sources

  1. Form ADV Part 1A, amendment filed 11 September 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 108028.
  3. Form 13F-HR, filed 4 May 2026 for the quarter ended 31 March 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Bridges Investment Management Inc and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.