{"url":"https://nivawealth.com/firms/l-and-s-private-wealth-339946","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/339946","regulatoryAum":108501056,"crd":"339946","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6621786","suffix":null,"lastName":"Chaney","firstName":"Madison","middleName":"Leigh"},{"crd":"2258923","suffix":null,"lastName":"HERNANDEZ","firstName":"ANTHONY","middleName":"PAUL"},{"crd":"7262721","suffix":null,"lastName":"Ortiz","firstName":"David","middleName":"Alan"}],"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"},"secFileNumber":"801-135134","legalName":"L&S Private Wealth, LLC","displayName":"L&S Private Wealth","slug":"l-and-s-private-wealth-339946","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Oklahoma limited liability company","fiscalYearEnd":"December","headquarters":{"street":"3030 NW Expressway, Suite 700","city":"Oklahoma City","state":"OK","stateName":"Oklahoma","country":"United States","postalCode":"73112"},"tradeNames":[],"registration":{"secApproved":"14 January 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":746698.1485148515,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":108501056,"discretionary":108501056,"discretionaryAccounts":158,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":74,"regulatoryAum":24685333},{"label":"High-net-worth individuals","clients":27,"regulatoryAum":50731180},{"label":"Corporations and other businesses","clients":1,"fewerThan5":true,"regulatoryAum":33084543}],"feePrograms":[{"role":"main","program":"Investment Management & Sub-Adviser Fees","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041315","versionId":1041315,"ratePeriod":"annual","fee_billing":"both","submittedOn":"2026-04-14","documentName":"L&S PRIVATE WEALTH ADV PART 2A","fee_rate_low":null,"fee_rate_high":1.6,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Advanced Planning","summary":"Advanced planning engagements of 3 to 12 months are a fixed fee of up to $75,000, billed monthly in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041315","versionId":1041315,"submittedOn":"2026-04-14","documentName":"L&S PRIVATE WEALTH ADV PART 2A"},{"role":"other","program":"Core Financial Planning and Consulting","summary":"Limited planning engagements are a fixed fee of up to $7,500; ongoing planning is a fixed fee of up to $24,000 a year, billed monthly in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041315","versionId":1041315,"submittedOn":"2026-04-14","documentName":"L&S PRIVATE WEALTH ADV PART 2A"},{"role":"other","program":"Fractional Family Office Services","summary":"Standard services are $2,500 to $10,000 per month and Premium services are $5,500 to $20,000 per month, billed monthly in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041315","versionId":1041315,"submittedOn":"2026-04-14","documentName":"L&S PRIVATE WEALTH ADV PART 2A"},{"role":"other","program":"Retirement Plan Consulting","summary":"Retirement plan consulting is a fixed project-based fee, individually negotiated for each plan sponsor.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041315","versionId":1041315,"submittedOn":"2026-04-14","documentName":"L&S PRIVATE WEALTH ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T18:13:20.256315+00:00","documents":[{"name":"L&S PRIVATE WEALTH ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041315","versionId":1041315,"submittedOn":"2026-04-14"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":108501056}],"custodyNote":"L&S Private Wealth does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Madison Chaney","title":"President and Chief Compliance Officer","crd":"6621786"}],"ownership":[{"label":"Nosidam LLC","detail":"Owner in the 75% or more ownership band and a control person, since January 2026."},{"label":"Madison Chaney","detail":"Indirect owner: a owner of Nosidam LLC in the 75% or more band and a control person, since January 2026.","parent":"Nosidam LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Oklahoma","offices":1,"addresses":[{"street":"3030 NW Expressway, Suite 700","city":"Oklahoma City","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"405-614-3106","stateRegisteredReps":0,"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","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":57},{"label":"Non-exchange-traded equity securities","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":33},{"label":"Cash and cash equivalents","percent":8}],"privateFunds":0},"sources":{"adv1FilingDate":"14 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/339946/PDF/339946.pdf","brochureDate":"14 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041315","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 L&S Private Wealth have?","answer":"L&S Private Wealth has 102 clients and manages $109 million for them, as of April 2026. They include 74 individual clients, 27 high-net-worth individuals and 1 corporate or other business client.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 14 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does L&S Private Wealth offer?","answer":"L&S Private Wealth 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 L&S Private Wealth charge?","answer":"L&S Private Wealth charges up to 1.60% a year for its Investment Management & Sub-Adviser Fees. The fee is billed in advance or in arrears and is negotiable.","source":"L&S PRIVATE WEALTH ADV PART 2A, filed 14 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does L&S Private Wealth use?","answer":"L&S Private Wealth’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $109M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does L&S Private Wealth have?","answer":"L&S Private Wealth has 0 investment adviser representatives registered with state securities authorities, out of 1 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 L&S Private Wealth invest in?","answer":"At the end of its last fiscal year, L&S Private Wealth’s separately managed accounts held 57% exchange-traded equities, 33% registered funds (mutual funds, ETFs, BDCs), 8% cash and equivalents and 1% non-exchange-traded equities.","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 L&S Private Wealth?","answer":"L&S Private Wealth is owned through a holding company by Madison Chaney. Its direct owner is Nosidam LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 14 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does L&S Private Wealth get paid?","answer":"L&S Private Wealth 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 L&S Private Wealth?","answer":"L&S Private Wealth’s main office is at 3030 NW Expressway, Suite 700, Oklahoma City, OK 73112. Its phone number is 405-614-3106.","source":"Form ADV Part 1A, Item 1.F, filed 14 April 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."}