{"url":"https://nivawealth.com/firms/lee-way-financial-services-113983","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/113983","regulatoryAum":132100000,"crd":"113983","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6473110","suffix":null,"lastName":"EDMONSON","firstName":"CHAD","middleName":"FRIDDLE"}],"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"},"secFileNumber":"801-135765","legalName":"Lee-Way Financial Services, Inc","displayName":"Lee-Way Financial Services","slug":"lee-way-financial-services-113983","website":"https://leewayfinancial.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Mississippi corporation","fiscalYearEnd":"December","headquarters":{"street":"1711 South 28th Avenue","city":"Hattiesburg","state":"MS","stateName":"Mississippi","country":"United States","postalCode":"39402"},"tradeNames":[],"registration":{"secApproved":"6 April 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1223300.9708737864,"staff":{"employees":2,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":132100000,"discretionary":132100000,"discretionaryAccounts":215,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":57,"regulatoryAum":17500000},{"label":"High-net-worth individuals","clients":46,"regulatoryAum":108500000},{"label":"Charitable organizations","clients":4,"fewerThan5":true,"regulatoryAum":5900000},{"label":"Corporations and other businesses","clients":1,"fewerThan5":true,"regulatoryAum":200000}],"feePrograms":[],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T12:17:12.240917+00:00","documents":[{"name":"PART 2 A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014714","versionId":1014714,"submittedOn":"2026-03-05"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":50500000}],"custodyNote":"Lee-Way Financial Services does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Chad Edmonson","title":"President, CCO","crd":"6473110"}],"ownership":[{"label":"Chad Edmonson","detail":"President, cco in the 75% or more ownership band and a control person, since June 2015."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Mississippi","offices":1,"addresses":[{"street":"1711 South 28th Avenue","city":"Hattiesburg","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"917-952-4262","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":52},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":14},{"label":"Non-investment grade corporate bonds","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":27},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"5 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/113983/PDF/113983.pdf","brochureDate":"5 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014714","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 Lee-Way Financial Services have?","answer":"Lee-Way Financial Services has 108 clients and manages $132 million for them, as of March 2026. They include 57 individual clients, 46 high-net-worth individuals and 4 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 5 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Lee-Way Financial Services offer?","answer":"Lee-Way Financial Services provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Lee-Way Financial Services use?","answer":"Lee-Way Financial Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $50.5M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Lee-Way Financial Services have?","answer":"Lee-Way Financial Services has 1 investment adviser representative registered with state securities authorities, out of 2 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 Lee-Way Financial Services invest in?","answer":"At the end of its last fiscal year, Lee-Way Financial Services’ separately managed accounts held 52% exchange-traded equities, 27% registered funds (mutual funds, ETFs, BDCs), 14% investment grade corporate bonds, 5% high-yield corporate bonds, 1% state and local bonds and 1% 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 Lee-Way Financial Services?","answer":"Lee-Way Financial Services’ direct owner is Chad Edmonson (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 5 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Lee-Way Financial Services get paid?","answer":"Lee-Way Financial Services is paid through a percentage of assets under management. 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 Lee-Way Financial Services?","answer":"Lee-Way Financial Services’ main office is at 1711 South 28th Avenue, Hattiesburg, MS 39402. Its phone number is 917-952-4262. Its website is leewayfinancial.com.","source":"Form ADV Part 1A, Item 1.F, filed 5 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."}