{"url":"https://nivawealth.com/firms/croak-asset-management-297666","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/297666","regulatoryAum":363925759,"crd":"297666","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6052670","suffix":null,"lastName":"BURNOR","firstName":"JAMES","middleName":"E."},{"crd":"5740686","suffix":null,"lastName":"Connell","firstName":"Jason","middleName":null},{"crd":"6531904","suffix":null,"lastName":"CROAK","firstName":"ERIC","middleName":"TIMOTHY"},{"crd":"1673702","suffix":null,"lastName":"CROAK","firstName":"TIMOTHY","middleName":"ROBERT"},{"crd":"6683200","suffix":null,"lastName":"HARTLE","firstName":"JEREMY","middleName":"ALAN"},{"crd":"7085553","suffix":null,"lastName":"Hutchison","firstName":"Connor","middleName":"M."},{"crd":"7991296","suffix":null,"lastName":"Kraus","firstName":"Frances","middleName":null}],"total":7,"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":"2023-07-07","regulatoryAum":142910681,"clients":971,"employees":4,"offices":1},{"filedOn":"2024-03-26","regulatoryAum":213129136,"clients":801,"employees":7,"offices":1},{"filedOn":"2025-03-27","regulatoryAum":300230116,"clients":824,"employees":6,"offices":1},{"filedOn":"2026-04-23","regulatoryAum":363925759,"clients":784,"employees":6,"offices":1}],"secFileNumber":"801-126464","legalName":"Croak 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negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042490","versionId":1042490,"submittedOn":"2026-04-23","documentName":"CROAK ASSET MANAGEMENT ADV PART 2A"},{"role":"other","program":"Financial Planning and Consulting hourly fee","summary":"Hourly fee of up to $300 for financial planning or single-subject consulting, negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042490","versionId":1042490,"submittedOn":"2026-04-23","documentName":"CROAK ASSET MANAGEMENT ADV PART 2A"},{"role":"other","program":"Financial Planning fixed fee","summary":"Fixed fee generally ranging from $250 to $10,000, negotiable depending on complexity and scope.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042490","versionId":1042490,"submittedOn":"2026-04-23","documentName":"CROAK ASSET MANAGEMENT ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T10:29:19.045195+00:00","documents":[{"name":"CROAK ASSET MANAGEMENT ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042490","versionId":1042490,"submittedOn":"2026-04-23"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022251","versionId":1022251,"submittedOn":null}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":334720479}],"custodyNote":"Croak Asset Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Eric Croak","title":"Managing Member / Chief Compliance Officer","crd":"6531904"},{"name":"Timothy Croak","title":"Managing Member","crd":"1673702"}],"ownership":[{"label":"Croak Capital, LLC","detail":"Owner in the 75% or more ownership band and a control person, since September 2023."},{"label":"Timothy Croak","detail":"Indirect owner: a owner of Croak Capital, LLC in the 50% to 75% band and a control person, since September 2023.","parent":"Croak Capital, LLC"},{"label":"Eric Croak","detail":"Indirect owner: a owner of Croak Capital, LLC in the 50% to 75% band and a control person, since September 2023.","parent":"Croak Capital, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Ohio","offices":1,"addresses":[{"street":"432 N Superior St.","city":"Toledo","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"419-464-7000","stateRegisteredReps":6,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Other"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"251-500","assetMix":[{"label":"Exchange-traded equity securities","percent":10},{"label":"U.S. government/agency bonds","percent":3},{"label":"U.S. state and local bonds","percent":3},{"label":"Investment grade corporate bonds","percent":2},{"label":"Non-investment grade corporate bonds","percent":2},{"label":"Derivatives","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":75},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":1},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"23 April 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They include 690 individual clients, 90 high-net-worth individuals and 3 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 23 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Croak Asset Management offer?","answer":"Croak Asset Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, 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 Croak Asset Management charge?","answer":"Croak Asset Management charges 0.95%–1.35% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.","source":"CROAK ASSET MANAGEMENT ADV PART 2A, filed 23 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Croak Asset Management use?","answer":"Croak Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $335M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Croak Asset Management have?","answer":"Croak Asset Management has 6 investment adviser representatives registered with state securities authorities, out of 6 employees, and 6 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 4 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 Croak Asset Management invest in?","answer":"At the end of its last fiscal year, Croak Asset Management’s separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 10% exchange-traded equities, 3% U.S. government and agency bonds, 3% state and local bonds, 3% cash and equivalents, 2% investment grade corporate bonds, 2% high-yield corporate bonds, 1% derivatives and 1% pooled vehicles (private funds and similar).","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 Croak Asset Management?","answer":"Croak Asset Management is owned through a holding company by Timothy and Eric Croak. Its direct owner is Croak Capital, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 23 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Croak Asset Management get paid?","answer":"Croak Asset Management is paid through a percentage of assets under management, hourly charges, fixed fees and other compensation. 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 Croak Asset Management?","answer":"Croak Asset Management’s main office is at 432 N Superior St., Toledo, OH 43604. Its phone number is 419-464-7000. Its website is camtoledo.com.","source":"Form ADV Part 1A, Item 1.F, filed 23 April 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."}