{"url":"https://nivawealth.com/firms/erisa-advisers-170487","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/170487","regulatoryAum":187066763,"crd":"170487","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2194393","suffix":null,"lastName":"PHILLIPS","firstName":"RICHARD","middleName":"SCOTT"}],"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":"2024-04-25","regulatoryAum":145557003,"clients":99,"employees":1,"offices":1},{"filedOn":"2025-03-29","regulatoryAum":202648296,"clients":118,"employees":1,"offices":1},{"filedOn":"2026-03-20","regulatoryAum":187066763,"clients":136,"employees":4,"offices":1}],"secFileNumber":"801-130090","legalName":"ERISA Advisers, Inc.","displayName":"ERISA Advisers","slug":"erisa-advisers-170487","website":"https://erisaadvisers.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/170487/b6557eed807d3044-r1.webp","tone":"light","width":517,"height":200,"sourceUrl":"https://erisaadvisers.com/","sourceLabel":"Erisa Advisers, Inc., website"},"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"founded":null,"organization":"Tennessee corporation","fiscalYearEnd":"December","headquarters":{"street":"215 Centerview DR, Suite 110","city":"Brentwood","state":"TN","stateName":"Tennessee","country":"United States","postalCode":"37027"},"tradeNames":[],"registration":{"secApproved":"26 April 2024","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":552107.5882352941,"staff":{"employees":4,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":187066763,"discretionary":187066763,"discretionaryAccounts":146,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":17,"regulatoryAum":9385829},{"label":"Pension and profit-sharing plans","clients":117,"regulatoryAum":175588874},{"label":"Charitable organizations","clients":1,"regulatoryAum":1267977},{"label":"Corporations and other businesses","clients":1,"regulatoryAum":824083}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":96164411}],"custodyNote":"ERISA Advisers does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Richard Phillips","title":"President/Chief Compliance Officer","crd":"2194393"}],"ownership":[{"label":"ERISA Corporation","detail":"Shareholder in the 75% or more ownership band and a control person, since December 2017."},{"label":"Richard Phillips","detail":"Indirect owner: a shareholder of ERISA Corporation in the 75% or more band and a control person, since October 2017.","parent":"ERISA Corporation"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Tennessee","offices":1,"addresses":[{"street":"215 Centerview DR, Suite 110","city":"Brentwood","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"855-255-2391","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":96},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"20 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/170487/PDF/170487.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does ERISA Advisers have?","answer":"ERISA Advisers has 136 clients and manages $187 million for them, as of March 2026. They include 117 pension and profit-sharing plans, 17 individuals, and 1 charitable organization.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does ERISA Advisers offer?","answer":"ERISA Advisers provides portfolio management for individuals and small businesses and pension consulting.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does ERISA Advisers use?","answer":"ERISA Advisers’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $96.2M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does ERISA Advisers have?","answer":"ERISA Advisers has 1 investment adviser representative registered with state securities authorities, out of 4 employees, and 1 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 ERISA Advisers invest in?","answer":"At the end of its last fiscal year, ERISA Advisers’ separately managed accounts held 96% registered funds (mutual funds, ETFs, BDCs), 3% 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":"Who owns ERISA Advisers?","answer":"ERISA Advisers is owned through a holding company by Richard Phillips. Its direct owner is ERISA Corporation (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does ERISA Advisers get paid?","answer":"ERISA Advisers is paid through a percentage of assets under management 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 ERISA Advisers?","answer":"ERISA Advisers’ main office is at 215 Centerview DR, Suite 110, Brentwood, TN 37027. Its phone number is 855-255-2391. Its website is erisaadvisers.com.","source":"Form ADV Part 1A, Item 1.F, filed 20 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."}