{"url":"https://nivawealth.com/firms/familywealth-asset-management-147869","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/147869","regulatoryAum":177037715,"crd":"147869","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2261997","suffix":null,"lastName":"MAYER","firstName":"JAMES","middleName":"ARTHUR"},{"crd":"1983612","suffix":null,"lastName":"MUGARIAN","firstName":"JOHN","middleName":"MICHAEL"},{"crd":"4612563","suffix":"III","lastName":"OAKLEY","firstName":"WILBERT","middleName":"ERNEST"},{"crd":"6940884","suffix":null,"lastName":"YU","firstName":"LU","middleName":null}],"total":4,"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":"2021-03-30","regulatoryAum":134960061,"clients":334,"employees":6,"offices":4},{"filedOn":"2022-03-26","regulatoryAum":268401574,"clients":424,"employees":6,"offices":4},{"filedOn":"2023-03-31","regulatoryAum":198269047,"clients":440,"employees":5,"offices":4},{"filedOn":"2024-04-01","regulatoryAum":175053545,"clients":412,"employees":4,"offices":5},{"filedOn":"2025-03-31","regulatoryAum":180860558,"clients":424,"employees":4,"offices":5},{"filedOn":"2026-03-31","regulatoryAum":177037715,"clients":421,"employees":4,"offices":4}],"secFileNumber":"801-69660","legalName":"Familywealth Asset Management","displayName":"FamilyWealth Asset Management","slug":"familywealth-asset-management-147869","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"255 Primera BLVD, Suite 160","city":"Lake Mary","state":"FL","stateName":"Florida","country":"United States","postalCode":"32746"},"tradeNames":["Familywealth Advisers, LLC","Gustafsson Wealth Management, Inc.","Mugarian Investment Group LLC"],"registration":{"secApproved":"2 January 2009","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":301093.8668280872,"staff":{"employees":4,"advisory":3,"brokerDealerReps":0,"insuranceAgents":3,"promoters":0},"aum":{"regulatory":177037715,"discretionary":147730263,"discretionaryAccounts":540,"nonDiscretionary":29307452,"nonDiscretionaryAccounts":213,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":384,"regulatoryAum":38449767},{"label":"High-net-worth individuals","clients":29,"regulatoryAum":85902000},{"label":"Banking or thrift institutions","clients":1,"fewerThan5":true,"regulatoryAum":47639450},{"label":"Pension and profit-sharing plans","clients":6,"regulatoryAum":5046398},{"label":"Corporations and other businesses","clients":1,"fewerThan5":true,"regulatoryAum":100}],"feePrograms":[{"role":"main","program":"Retail fee schedule","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1034604","versionId":1034604,"ratePeriod":"not_stated","fee_billing":null,"submittedOn":"2026-03-31","documentName":"FAMILYWEALTH ASSET MANAGEMENT, LLC. FORM ADV 2A BROCHURE 2025","fee_rate_low":1.45,"fee_rate_high":1.45,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Retirement plan consulting","summary":"Flat annual fee of $10,000 to $100,000, or a fee on plan assets: 1.00% up to $1,000,000, 0.75% to $5,000,000, 0.50% to $20,000,000, 0.25% to $50,000,000, and negotiable above $50,000,000.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1034604","versionId":1034604,"submittedOn":"2026-03-31","documentName":"FAMILYWEALTH ASSET MANAGEMENT, LLC. FORM ADV 2A BROCHURE 2025"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:47:39.648668+00:00","documents":[{"name":"FAMILYWEALTH ASSET MANAGEMENT, LLC. FORM ADV 2A BROCHURE 2025","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1034604","versionId":1034604,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Austin Capital Trust Company, LLC","shortName":"Austin Capital Trust","location":"Henderson, NV","smaAssets":70350996},{"name":"Fidelity Distributors Company LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":83841346},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":23931932}],"custodyNote":"FamilyWealth Asset Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Wilbert Oakley","title":"Vice President; Branch Office Manager","crd":"4612563"},{"name":"Wilbert Oakley","title":"Chief Compliance Officer","crd":"4612563"},{"name":"Christine Mora","title":"Director; Secretary; Counsel","crd":"2946156"}],"ownership":[{"label":"Familywealth Inc.","detail":"Corporation-owner in the 75% or more ownership band and a control person, since January 2021."},{"label":"Alicia Martin","detail":"Indirect owner: general partner of Familywealth Inc. and a control person, since January 2021.","parent":"Familywealth Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":0},"listedOfficeAddresses":4,"foreignOffices":[],"officesByState":[{"state":"Colorado","offices":1,"addresses":[{"street":"4600 S Syracuse 9th Floor","city":"Denver"}]},{"state":"Florida","offices":2,"addresses":[{"street":"255 Primera BLVD, Suite 160","city":"Lake Mary","headquarters":true},{"street":"4309 Spanish Trail","city":"Pensacola"}]},{"state":"Georgia","offices":1,"addresses":[{"street":"4503 Avalon BLVD","city":"Alpharetta"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"866-746-3743","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Subscription fees","Other"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":16},{"label":"Non-exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":2},{"label":"Investment grade corporate bonds","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":63},{"label":"Cash and cash equivalents","percent":12}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/147869/PDF/147869.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1034604","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 FamilyWealth Asset Management have?","answer":"FamilyWealth Asset Management has 421 clients and manages $177 million for them, as of March 2026. They include 384 individual clients, 29 high-net-worth individuals, and 6 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does FamilyWealth Asset Management offer?","answer":"FamilyWealth Asset Management provides portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and publishing newsletters.","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 FamilyWealth Asset Management charge?","answer":"FamilyWealth Asset Management charges 1.45% for its Retail fee schedule. The brochure does not state whether the rate is annual. The fee is negotiable.","source":"FAMILYWEALTH ASSET MANAGEMENT, LLC. FORM ADV 2A BROCHURE 2025, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does FamilyWealth Asset Management use?","answer":"FamilyWealth Asset Management’s separately managed account assets are held at Fidelity Distributors Company LLC (Boston, MA), with $83.8M, Austin Capital Trust Company, LLC (Henderson, NV), with $70.4M and Charles Schwab & Co., Inc. (San Francisco, CA), with $23.9M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does FamilyWealth Asset Management have?","answer":"FamilyWealth Asset Management has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 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 FamilyWealth Asset Management invest in?","answer":"At the end of its last fiscal year, FamilyWealth Asset Management’s separately managed accounts held 63% registered funds (mutual funds, ETFs, BDCs), 16% exchange-traded equities, 12% cash and equivalents, 5% investment grade corporate bonds, 2% state and local bonds, 1% non-exchange-traded equities and 1% U.S. government and agency bonds.","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 FamilyWealth Asset Management?","answer":"FamilyWealth Asset Management’s direct owner is Familywealth Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does FamilyWealth Asset Management get paid?","answer":"FamilyWealth Asset Management is paid through a percentage of assets under management, subscription 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 FamilyWealth Asset Management?","answer":"FamilyWealth Asset Management’s main office is at 255 Primera BLVD, Suite 160, Lake Mary, FL 32746. Its phone number is 866-746-3743.","source":"Form ADV Part 1A, Item 1.F, filed 31 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."}