{"url":"https://nivawealth.com/firms/gold-medal-waters-132294","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/132294","regulatoryAum":285639406,"crd":"132294","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6429357","suffix":null,"lastName":"DAY","firstName":"DAVID","middleName":"LAWRENCE"},{"crd":"4633670","suffix":null,"lastName":"JAROSS","firstName":"MARYAN","middleName":"KAPLAN"},{"crd":"4504752","suffix":null,"lastName":"KELLEY","firstName":"MATTHEW","middleName":"JOSEPH"}],"total":3,"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":"2021-03-25","regulatoryAum":143578997,"clients":137,"employees":7,"offices":8},{"filedOn":"2022-03-17","regulatoryAum":168488480,"clients":138,"employees":8,"offices":9},{"filedOn":"2023-03-28","regulatoryAum":154953868,"clients":140,"employees":7,"offices":8},{"filedOn":"2024-03-18","regulatoryAum":193623148,"clients":142,"employees":7,"offices":8},{"filedOn":"2025-04-24","regulatoryAum":248139175,"clients":147,"employees":5,"offices":1},{"filedOn":"2026-01-23","regulatoryAum":285639406,"clients":145,"employees":5,"offices":1}],"secFileNumber":"801-113866","legalName":"Gold Medal Waters, Inc.","displayName":"Gold Medal Waters","slug":"gold-medal-waters-132294","website":"https://goldmedalwaters.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/gold-medal-waters","xUrl":"https://twitter.com/goldmedalwaters","founded":"2004","organization":"Colorado other (specify)","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"20 August 2018","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2020403.3188405796,"staff":{"employees":5,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":285639406,"discretionary":279424924,"discretionaryAccounts":659,"nonDiscretionary":6214482,"nonDiscretionaryAccounts":7,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":49,"regulatoryAum":14921293},{"label":"High-net-worth individuals","clients":89,"regulatoryAum":263894365},{"label":"Pension and profit-sharing plans","clients":7,"regulatoryAum":6214482},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":609266}],"feePrograms":[{"role":"other","program":"Ongoing financial planning","summary":"Ongoing financial planning is a fixed annual fee of $8,500 to $48,000, payable monthly or quarterly and negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1003759","versionId":1003759,"submittedOn":"2026-01-23","documentName":"ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T13:08:45.493748+00:00","documents":[{"name":"ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1003759","versionId":1003759,"submittedOn":"2026-01-23"}]},"custodians":[{"name":"Altruist Financial LLC","shortName":"Altruist","location":"Culver, CA","smaAssets":264906559}],"custodyNote":"Gold Medal Waters has custody of $965K for 5 clients.","otherCustodians":[],"leadership":[{"name":"Matthew Kelley","title":"Member, CCO, Owner and President","crd":"4504752"}],"ownership":[{"label":"Matthew Kelley","detail":"Member, cco, owner and president in the 75% or more ownership band and a control person, since June 2004."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"brochureServices":["education planning","estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"720-887-1299","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":2},{"label":"U.S. government/agency bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":92},{"label":"Cash and cash equivalents","percent":6}],"privateFunds":0},"sources":{"adv1FilingDate":"23 January 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/132294/PDF/132294.pdf","brochureDate":"23 January 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1003759","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 Gold Medal Waters have?","answer":"Gold Medal Waters has 145 clients and manages $286 million for them, as of January 2026. They include 89 high-net-worth individuals, 49 individual clients, and 7 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 23 January 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Gold Medal Waters offer?","answer":"Gold Medal Waters provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Gold Medal Waters use?","answer":"Gold Medal Waters’ separately managed account assets are held at Altruist Financial LLC (Culver, CA), with $265M. 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 January 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Gold Medal Waters have?","answer":"Gold Medal Waters has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 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 Gold Medal Waters invest in?","answer":"At the end of its last fiscal year, Gold Medal Waters’ separately managed accounts held 92% registered funds (mutual funds, ETFs, BDCs), 6% cash and equivalents, 2% exchange-traded equities, 1% U.S. government and agency bonds and 1% investment grade corporate 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 Gold Medal Waters?","answer":"Gold Medal Waters’ direct owner is Matthew Kelley (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 23 January 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Gold Medal Waters get paid?","answer":"Gold Medal Waters 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 Gold Medal Waters?","answer":"Its phone number is 720-887-1299. Its website is goldmedalwaters.com.","source":"Form ADV Part 1A, Item 1.F, filed 23 January 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."}