{"url":"https://nivawealth.com/firms/fra-wealth-management-284020","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/284020","regulatoryAum":112760000,"crd":"284020","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"8182242","suffix":null,"lastName":"Curtis","firstName":"Luke","middleName":"Anthony"},{"crd":"8208238","suffix":null,"lastName":"Dew","firstName":"Timothy","middleName":"Mark James"},{"crd":"8185765","suffix":null,"lastName":"Kurtz","firstName":"David","middleName":"Lee"},{"crd":"6830659","suffix":null,"lastName":"NICHOLS","firstName":"MICHAEL","middleName":"LYNN"},{"crd":"5892820","suffix":null,"lastName":"ROOSEVANS","firstName":"JOSEPH","middleName":"MONTAGU"},{"crd":"8152387","suffix":null,"lastName":"Waeckerle","firstName":"Nicholas","middleName":"William"}],"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":"2025-04-23","regulatoryAum":100040594,"clients":568,"employees":2,"offices":1},{"filedOn":"2026-08-25","regulatoryAum":112760000,"clients":910,"employees":2,"offices":1}],"secFileNumber":"801-132681","legalName":"Fra Wealth Management LLC","displayName":"FRA Wealth Management","slug":"fra-wealth-management-284020","website":"https://frawealthmanagement.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/284020/717969578c3b8e52-r1.webp","tone":"light","width":333,"height":200,"sourceUrl":"https://frawealthmanagement.com/","sourceLabel":"FRA Wealth Management LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Illinois limited liability company","fiscalYearEnd":"December","headquarters":{"street":"805 W. Hwy 50 Ste. B","city":"O'Fallon","state":"IL","stateName":"Illinois","country":"United States","postalCode":"62269"},"tradeNames":[],"registration":{"secApproved":"8 May 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":123912.08791208791,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":112760000,"discretionary":88248316,"discretionaryAccounts":698,"nonDiscretionary":24511684,"nonDiscretionaryAccounts":253,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":902,"regulatoryAum":88203000},{"label":"High-net-worth individuals","clients":8,"regulatoryAum":24557000}],"feePrograms":[{"role":"main","program":"Portfolio Management","feeBasis":"marginal","fee_tiers":[{"to":500000,"pct":2,"from":0},{"to":1000000,"pct":1.75,"from":500000},{"to":2000000,"pct":1.5,"from":1000000},{"to":5000000,"pct":1.25,"from":2000000},{"to":null,"pct":1,"from":5000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051184","versionId":1051184,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-07-09","documentName":"FRA WEALTH MANAGEMENT PART 2 BROCHURE","fee_rate_low":1,"fee_rate_high":2,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"401(k), 403(b) and 529 Plan Management","summary":"On certain 401(k), 403(b) and 529 accounts, a flat fee or an annual fee that can be negotiated; a one-time 529 review is $250.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051184","versionId":1051184,"submittedOn":"2026-07-09","documentName":"FRA WEALTH MANAGEMENT PART 2 BROCHURE"},{"role":"other","program":"Financial Planning","summary":"Financial plans are billed at a fixed rate, with a maximum fee of $10,000; any deposit may not exceed $500.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051184","versionId":1051184,"submittedOn":"2026-07-09","documentName":"FRA WEALTH MANAGEMENT PART 2 BROCHURE"},{"role":"other","program":"Financial Review","summary":"Review planning for existing clients is billed at a fixed rate, with a maximum fee of $5,000, payable on signing.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051184","versionId":1051184,"submittedOn":"2026-07-09","documentName":"FRA WEALTH MANAGEMENT PART 2 BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:28:49.000543+00:00","documents":[{"name":"FRA WEALTH MANAGEMENT PART 2 BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051184","versionId":1051184,"submittedOn":"2026-07-09"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":88248316}],"custodyNote":"FRA Wealth Management does not have custody of client assets.","leadership":[{"name":"Joseph Roosevans","title":"President / Chief Executive Officer","crd":"5892820"},{"name":"Christy Hennessey","title":"Chief Compliance Officer","crd":"4293568"}],"ownership":[{"label":"Paragon Trust","detail":"Owner/manager in the 75% or more ownership band and a control person, since February 2025."},{"label":"Joseph Roosevans","detail":"Indirect owner: trustee of Paragon Trust and a control person, since October 1992.","parent":"Paragon Trust"}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"805 W. Hwy 50 Ste. 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They include 902 individual clients and 8 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 25 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does FRA Wealth Management offer?","answer":"FRA Wealth Management 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 FRA Wealth Management charge?","answer":"FRA Wealth Management charges 1.00%–2.00% a year for its Portfolio Management. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.","source":"FRA WEALTH MANAGEMENT PART 2 BROCHURE, filed 9 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does FRA Wealth Management use?","answer":"FRA Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $88.2M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does FRA Wealth Management have?","answer":"FRA Wealth Management has 1 investment adviser representative registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 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 FRA Wealth Management invest in?","answer":"At the end of its last fiscal year, FRA Wealth Management’s separately managed accounts held 91% exchange-traded equities and 9% 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 FRA Wealth Management?","answer":"FRA Wealth Management’s direct owner is Paragon Trust (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 25 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does FRA Wealth Management get paid?","answer":"FRA Wealth Management 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":"Is FRA Wealth Management registered with the SEC?","answer":"Yes, FRA Wealth Management has been registered with the SEC as an investment adviser since 8 May 2025. Its CRD number is 284020 and its SEC file number is 801-132681.","source":"Form ADV Part 1A, Item 1, filed 25 August 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact FRA Wealth Management?","answer":"FRA Wealth Management’s main office is at 805 W. Hwy 50 Ste. B, O'Fallon, IL 62269. Its phone number is 888-915-0930. Its website is frawealthmanagement.com.","source":"Form ADV Part 1A, Item 1.F, filed 25 August 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."}