{"url":"https://nivawealth.com/firms/freeman-will-and-niemeier-121628","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/121628","regulatoryAum":284181959,"crd":"121628","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1150805","suffix":null,"lastName":"FREEMAN","firstName":"PATRICK","middleName":"BERNARD"}],"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":"2021-07-08","regulatoryAum":229473222,"clients":320,"employees":2,"offices":1},{"filedOn":"2022-03-30","regulatoryAum":230102293,"clients":205,"employees":7,"offices":1},{"filedOn":"2023-03-22","regulatoryAum":204527778,"clients":346,"employees":7,"offices":1},{"filedOn":"2024-02-27","regulatoryAum":231239197,"clients":353,"employees":7,"offices":1},{"filedOn":"2025-03-12","regulatoryAum":256384218,"clients":347,"employees":2,"offices":1},{"filedOn":"2026-03-20","regulatoryAum":284181959,"clients":388,"employees":2,"offices":1}],"secFileNumber":"801-68759","legalName":"Freeman, Will & Niemeier, Inc.","displayName":"Freeman, Will & Niemeier","slug":"freeman-will-and-niemeier-121628","website":"https://fwnadvisors.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Indiana corporation","fiscalYearEnd":"December","headquarters":{"street":"1919 West Franklin Street","city":"Evansville","state":"IN","stateName":"Indiana","country":"United States","postalCode":"47712"},"tradeNames":[],"registration":{"secApproved":"25 January 2008","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":414546.5698324022,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":284181959,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":284181959,"nonDiscretionaryAccounts":1295,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":308,"regulatoryAum":56408904},{"label":"High-net-worth individuals","clients":50,"regulatoryAum":91998768},{"label":"Pension and profit-sharing plans","clients":28,"regulatoryAum":134190004},{"label":"Corporations and other businesses","clients":2,"regulatoryAum":1584283}],"feePrograms":[{"role":"main","program":"Portfolio Management Services","feeBasis":"marginal","fee_tiers":[{"to":250000,"pct":1,"from":0},{"to":500000,"pct":0.9,"from":250000},{"to":1000000,"pct":0.8,"from":500000},{"to":null,"pct":0.7,"from":1000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022646","versionId":1022646,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-20","documentName":"FREEMAN, WILL & NIEMEIER, INC.","fee_rate_low":0.7,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Consulting Services","summary":"Consulting services are billed hourly at $50 to $200 an hour, with an estimate of total hours agreed before the engagement starts.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022646","versionId":1022646,"submittedOn":"2026-03-20","documentName":"FREEMAN, WILL & NIEMEIER, INC."},{"role":"other","program":"Financial Planning Services","summary":"Financial planning is billed hourly at $50 to $200 an hour, quarterly in arrears; the firm may reduce or waive the fee for clients who also engage it for portfolio management.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022646","versionId":1022646,"submittedOn":"2026-03-20","documentName":"FREEMAN, WILL & NIEMEIER, INC."}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T08:47:14.042564+00:00","documents":[{"name":"FREEMAN, WILL & NIEMEIER, INC.","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022646","versionId":1022646,"submittedOn":"2026-03-20"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":194038276},{"name":"Voya Financial Advisors, Inc.","shortName":"Voya","location":"Windsor, CT","smaAssets":58459933}],"custodyNote":"Freeman, Will & Niemeier does not have custody of client assets.","leadership":[{"name":"Patrick Freeman","title":"President","crd":"1150805"},{"name":"Patrick Freeman","title":"Chief Compliance Officer","crd":"2883917"}],"ownership":[{"label":"Patrick Freeman","detail":"Chief compliance officer in the 75% or more ownership band and a control person, since January 2002."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Indiana","offices":1,"addresses":[{"street":"1919 West Franklin Street","city":"Evansville","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"812-425-1030","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Commissions"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":8},{"label":"U.S. government/agency bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":83},{"label":"Cash and cash equivalents","percent":7}],"privateFunds":0},"sources":{"adv1FilingDate":"20 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/121628/PDF/121628.pdf","brochureDate":"20 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022646","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 Freeman, Will & Niemeier have?","answer":"Freeman, Will & Niemeier has 388 clients and manages $284 million for them, as of March 2026. They include 308 individual clients, 50 high-net-worth individuals, and 28 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Freeman, Will & Niemeier offer?","answer":"Freeman, Will & Niemeier provides financial planning, 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":"How much does Freeman, Will & Niemeier charge?","answer":"Freeman, Will & Niemeier charges 0.70%–1.00% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.","source":"FREEMAN, WILL & NIEMEIER, INC., filed 20 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Freeman, Will & Niemeier use?","answer":"Freeman, Will & Niemeier’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $194M and Voya Financial Advisors, Inc. (Windsor, CT), with $58.5M. 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 Freeman, Will & Niemeier have?","answer":"Freeman, Will & Niemeier has 2 investment adviser representatives 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 Freeman, Will & Niemeier invest in?","answer":"At the end of its last fiscal year, Freeman, Will & Niemeier’s separately managed accounts held 83% registered funds (mutual funds, ETFs, BDCs), 8% exchange-traded equities, 7% cash and equivalents and 2% 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 Freeman, Will & Niemeier?","answer":"Freeman, Will & Niemeier’s direct owner is Patrick Freeman (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Freeman, Will & Niemeier get paid?","answer":"Freeman, Will & Niemeier is paid through a percentage of assets under management, hourly charges, fixed fees and commissions. Its Form ADV lists no 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 Freeman, Will & Niemeier registered with the SEC?","answer":"Yes, Freeman, Will & Niemeier has been registered with the SEC as an investment adviser since 25 January 2008. Its CRD number is 121628 and its SEC file number is 801-68759.","source":"Form ADV Part 1A, Item 1, filed 20 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Freeman, Will & Niemeier?","answer":"Freeman, Will & Niemeier’s main office is at 1919 West Franklin Street, Evansville, IN 47712. Its phone number is 812-425-1030. Its website is fwnadvisors.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."}