{"url":"https://nivawealth.com/firms/cloud-investments-281915","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/281915","regulatoryAum":404025477,"crd":"281915","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5362093","suffix":null,"lastName":"Cloud","firstName":"Don","middleName":"P"},{"crd":"5832146","suffix":null,"lastName":"Cloud","firstName":"Germi","middleName":"Lamar"},{"crd":"6293392","suffix":null,"lastName":"Harriman","firstName":"Charles","middleName":null},{"crd":"7050961","suffix":null,"lastName":"Howard","firstName":"Aaron","middleName":"Joseph"},{"crd":"7507353","suffix":null,"lastName":"Huggins","firstName":"John","middleName":null},{"crd":"3099221","suffix":null,"lastName":"Montes","firstName":"Scott","middleName":"Alan"}],"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":"2021-02-04","regulatoryAum":180735448,"clients":706,"employees":5,"offices":3},{"filedOn":"2022-02-15","regulatoryAum":225527000,"clients":747,"employees":6,"offices":3},{"filedOn":"2023-01-30","regulatoryAum":209518393,"clients":805,"employees":6,"offices":3},{"filedOn":"2024-01-26","regulatoryAum":238066015,"clients":826,"employees":7,"offices":3},{"filedOn":"2025-02-14","regulatoryAum":299826000,"clients":447,"employees":6,"offices":3},{"filedOn":"2026-02-12","regulatoryAum":404025477,"clients":995,"employees":6,"offices":3}],"secFileNumber":"801-112434","legalName":"Cloud Investments, LLC","displayName":"Cloud Investments","slug":"cloud-investments-281915","website":"https://cloudfinancial.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"xUrl":"http://www.twitter.com/cloudfinancial","founded":null,"organization":"Alabama limited liability company","fiscalYearEnd":"December","headquarters":{"street":"200 Clinton Ave, Suite 1020","city":"Huntsville","state":"AL","stateName":"Alabama","country":"United States","postalCode":"35801"},"tradeNames":[],"registration":{"secApproved":"12 February 2018","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":406761.6448979592,"staff":{"employees":6,"advisory":6,"brokerDealerReps":0,"insuranceAgents":6,"promoters":0},"aum":{"regulatory":404025477,"discretionary":404025477,"discretionaryAccounts":1749,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":904,"regulatoryAum":253357573},{"label":"High-net-worth individuals","clients":76,"regulatoryAum":145268839},{"label":"Other","clients":15,"regulatoryAum":5399065}],"feePrograms":[{"role":"main","program":"Asset 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PART 2A&B"},{"role":"other","program":"Financial Planning and Consulting","summary":"Financial planning and consulting are a fixed fee based on complexity, between $200 and $2,000, due on commencement of the advisory agreement.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008432","versionId":1008432,"submittedOn":"2026-02-12","documentName":"ADV PART 2A&B"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T10:08:55.279309+00:00","documents":[{"name":"ADV PART 2A&B","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008432","versionId":1008432,"submittedOn":"2026-02-12"}]},"custodians":[{"name":"Fidelity Distributors Company LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":404025477}],"custodyNote":"Cloud Investments does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Scott Montes","title":"Chief Compliance Officer","crd":"3099221"},{"name":"Don Cloud","title":"Managing Member","crd":"5362093"}],"ownership":[{"label":"Don Cloud","detail":"Managing member in the 75% or more ownership band and a control person, since October 2015."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"Alabama","offices":3,"addresses":[{"street":"200 Clinton Ave, Suite 1020","city":"Huntsville","headquarters":true},{"street":"750 Forrest Ave.","city":"Gadsen"},{"street":"201 S. Court Street","city":"Florence"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"256-715-0094","stateRegisteredReps":6,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Educational seminars/workshops"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":19},{"label":"Securities issued by registered investment companies or business development companies","percent":75},{"label":"Cash and cash equivalents","percent":6}],"privateFunds":0},"sources":{"adv1FilingDate":"12 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/281915/PDF/281915.pdf","brochureDate":"12 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008432","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 Cloud Investments have?","answer":"Cloud Investments has 995 clients and manages $404 million for them, as of February 2026. They include 904 individual clients, 76 high-net-worth individuals and 15 other clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 12 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Cloud Investments offer?","answer":"Cloud Investments provides financial planning, portfolio management for individuals and small businesses, pension consulting, and educational seminars.","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 Cloud Investments charge?","answer":"Cloud Investments charges 1.35%–1.80% a year for its Asset Management. The whole portfolio is charged at the rate of its band.","source":"ADV PART 2A&B, filed 12 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Cloud Investments use?","answer":"Cloud Investments’ separately managed account assets are held at Fidelity Distributors Company LLC (Smithfield, RI), with $404M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Cloud Investments have?","answer":"Cloud Investments has 6 investment adviser representatives registered with state securities authorities, out of 6 employees, and 6 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 6 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 Cloud Investments invest in?","answer":"At the end of its last fiscal year, Cloud Investments’ separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 19% exchange-traded equities and 6% 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":"Who owns Cloud Investments?","answer":"Cloud Investments’ direct owner is Don Cloud (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 12 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Cloud Investments get paid?","answer":"Cloud Investments 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 Cloud Investments?","answer":"Cloud Investments’ main office is at 200 Clinton Ave, Suite 1020, Huntsville, AL 35801. Its phone number is 256-715-0094. Its website is cloudfinancial.com.","source":"Form ADV Part 1A, Item 1.F, filed 12 February 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."}