{"url":"https://nivawealth.com/firms/confidential-management-advisors-125936","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/125936","regulatoryAum":161889433,"crd":"125936","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"969","suffix":null,"lastName":"ADAMS","firstName":"CRAIG","middleName":"MAXWELL"}],"total":1,"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":"2021-05-13","regulatoryAum":156874800,"clients":89,"employees":2,"offices":1},{"filedOn":"2022-02-10","regulatoryAum":152856939,"clients":55,"employees":2,"offices":1},{"filedOn":"2023-02-01","regulatoryAum":131266076,"clients":90,"employees":2,"offices":1},{"filedOn":"2024-01-24","regulatoryAum":148509523,"clients":83,"employees":2,"offices":1},{"filedOn":"2025-02-07","regulatoryAum":154944559,"clients":74,"employees":1,"offices":1},{"filedOn":"2026-03-27","regulatoryAum":161889433,"clients":69,"employees":1,"offices":1}],"secFileNumber":"801-70741","legalName":"Confidential Management Advisors, Inc.","displayName":"Confidential Management Advisors","slug":"confidential-management-advisors-125936","website":"https://confidentialmgt.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Michigan corporation","fiscalYearEnd":"December","headquarters":{"street":"1700 West Big Beaver, Suite 320","city":"Troy","state":"MI","stateName":"Michigan","country":"United States","postalCode":"48084"},"tradeNames":[],"registration":{"secApproved":"5 November 2009","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2346223.6666666665,"staff":{"employees":1,"advisory":1,"brokerDealerReps":1,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":161889433,"discretionary":161095240,"discretionaryAccounts":122,"nonDiscretionary":794193,"nonDiscretionaryAccounts":10,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":18,"regulatoryAum":3220245},{"label":"High-net-worth individuals","clients":51,"regulatoryAum":158669188}],"feePrograms":[{"role":"main","program":"Personal Resource Management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1028638","versionId":1028638,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-27","documentName":"CONFIDENTIAL MANAGEMENT ADVISORS, INC. 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ADV BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T12:49:49.858057+00:00","documents":[{"name":"CONFIDENTIAL MANAGEMENT ADVISORS, INC. ADV BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1028638","versionId":1028638,"submittedOn":"2026-03-27"}]},"custodians":[{"name":"Equitable Distributors, LLC","shortName":"Equitable Distributors","location":"Jersey City, NJ","smaAssets":20878050},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":140507598}],"custodyNote":"Confidential Management Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Craig Adams","title":"President/Chief Compliance Officer","crd":""}],"ownership":[{"label":"Craig Adams","detail":"President/chief compliance officer in the 75% or more ownership band and a control person, since January 2025."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Michigan","offices":1,"addresses":[{"street":"1700 West Big Beaver, Suite 320","city":"Troy","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"248-540-7511","stateRegisteredReps":1,"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":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":9},{"label":"Securities issued by registered investment companies or business development companies","percent":78},{"label":"Other","percent":13,"detail":"Variable Annuity Contracts"}],"privateFunds":0},"sources":{"adv1FilingDate":"27 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/125936/PDF/125936.pdf","brochureDate":"27 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1028638","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 Confidential Management Advisors have?","answer":"Confidential Management Advisors has 69 clients and manages $162 million for them, as of March 2026. They include 51 high-net-worth individuals and 18 individual clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Confidential Management Advisors offer?","answer":"Confidential Management Advisors provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.","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 Confidential Management Advisors charge?","answer":"Confidential Management Advisors charges 1.00%–1.50% a year for its Personal Resource Management. The fee is billed in advance and is negotiable.","source":"CONFIDENTIAL MANAGEMENT ADVISORS, INC. ADV BROCHURE, filed 27 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Confidential Management Advisors use?","answer":"Confidential Management Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $141M and Equitable Distributors, LLC (Jersey City, NJ), with $20.9M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Confidential Management Advisors have?","answer":"Confidential Management Advisors has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. 1 employee is a registered representative 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 Confidential Management Advisors invest in?","answer":"At the end of its last fiscal year, Confidential Management Advisors’ separately managed accounts held 78% registered funds (mutual funds, ETFs, BDCs), 13% other and 9% exchange-traded equities. The 13% other category is described as: Variable Annuity Contracts.","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 Confidential Management Advisors?","answer":"Confidential Management Advisors’ direct owner is Craig Adams (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Confidential Management Advisors get paid?","answer":"Confidential Management Advisors 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":"How do I contact Confidential Management Advisors?","answer":"Confidential Management Advisors’ main office is at 1700 West Big Beaver, Suite 320, Troy, MI 48084. Its phone number is 248-540-7511. Its website is confidentialmgt.com.","source":"Form ADV Part 1A, Item 1.F, filed 27 March 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."}