Nautilus Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Nautilus Advisors reports 188 clients. They include 151 high-net-worth individuals and 37 individual clients. Of its assets, 91.0% ($277M across 557 accounts) are managed with discretion; $27.2M across 50 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 20% | 14% |
| High-net-worth individuals | 80% | 85% |
| Charitable organizations | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 37 | $43.9M | 14.4% | $1.19M |
| High-net-worth individuals | 151 | $260M | 85.5% | $1.72M |
| Charitable organizations | Fewer than 5 | $365K | 0.1% | — |
| Total | 188 | $304M | 100% | — |
- Clients
- 37
- Regulatory AUM
- $43.9M
- AUM share
- 14.4%
- Avg. per client
- $1.19M
- Clients
- 151
- Regulatory AUM
- $260M
- AUM share
- 85.5%
- Avg. per client
- $1.72M
- Clients
- Fewer than 5
- Regulatory AUM
- $365K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 188
- Regulatory AUM
- $304M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Nautilus Advisors charges 0.90%–1.50% a year for its Comprehensive Portfolio Management. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Charged as a flat fee, generally $500 to $10,000, with a retainer of 50% of the ultimate fee.
Michael Behner owns 75% or more of Nautilus Advisors. The leadership team of Nautilus Advisors includes Chief Compliance Officer Michael Behner. It has 3 employees.
Leadership
- Michael BehnerChief Compliance Officer & Principal
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Michael Shea Behner
- Daniel Stoian Callan
- Kara Joyce Marquez
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- 2 insurance agents
- Owns 75% or more of Nautilus Advisors LLC
Michael Behner
Control person · since September 2010
Nautilus Advisors’ regulatory assets grew 1.7× from $184M (March 2021) to $304M (February 2026); clients rose from 141 to 188 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $304M | 188 | 3 | 2 |
| March 2025 | $268M | 247 | 3 | 2 |
| March 2024 | $235M | 236 | 3 | 2 |
| March 2023 | $226M | 174 | 3 | 2 |
| March 2022 | $209M | 165 | 3 | 2 |
| March 2021 | $184M | 141 | 3 | 2 |
Besides its headquarters, Nautilus Advisors has 1 office, with 2 listed addresses in California.
California · 2 listed addresses
- 888 Prospect St., Suite 200, La JollaHQ
- 999 Corporate Drive, Ladera Ranch
Other business names
Nautilus Advisors has reported 1 other business name to the SEC.
- NTLS Wealth Management
Contact and registration details
- Legal name
- Nautilus Advisors LLC
- Headquarters
- 888 Prospect St., Suite 200, La Jolla, CA 92037
- Website
- nautilusadv.com
- Phone
- 619-573-4590
- SEC file
- 801-71754
- Founded
- 2010
- Structure
- California LLC
- Fiscal year end
- December
Nautilus Advisors uses Charles Schwab ($250M) as custodian for its separately managed accounts. Nautilus Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $250M100%
At year end, Nautilus Advisors’ separately managed accounts were largely in funds (42%) and stocks (35%). Its reported 13F holdings for the quarter ended 30 June 2026 total $170M across 179 positions; the largest are Amazon Com Inc. (5.0%), Apple Inc. (4.9%) and Alphabet Inc. (4.2%).
What the accounts hold
- Stocks35%
- Funds42%
- Bonds10%
- State and local bonds6%
- Investment grade corporate bonds2%
- High-yield corporate bonds2%
- Cash13%
Reported 13F holdings
- $170M
- Reported 13F value
- 179
- Positions
- 30.3%
- In the 10 largest
- +16.3%
- Value vs. prior quarter
- Amazon Com Inc.5.0%
- Apple Inc.4.9%
- Alphabet Inc. · Cap Stk CL A4.2%
- State Str SPDR S&P 500 ETF T · TR Unit4.1%
- Dimensional ETF Trust · US Cor Equ 2 ETF2.5%
- Netflix Inc..2.2%
- Costco Wholesale Corporation2.0%
- Alphabet Inc. · Cap Stk CL C1.9%
- Applied Matls Inc.1.8%
- J P Morgan Exchange Traded F · Jpmorgam Ltd Dur1.7%
Together, the ten largest are 30.3% of reported value.
How many clients does Nautilus Advisors have?
Nautilus Advisors has 188 clients and manages $304 million for them, as of February 2026. They include 151 high-net-worth individuals and 37 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 February 2026
What services does Nautilus Advisors offer?
Nautilus Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, education planning, estate planning, insurance, philanthropic planning, 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
How much does Nautilus Advisors charge?
Nautilus Advisors charges 0.90%–1.50% a year for its Comprehensive Portfolio Management. The fee is billed in advance and is negotiable.
Source: NA - FORM ADV PART 2A: FIRM BROCHURE, filed 25 February 2026
Which custodians does Nautilus Advisors use?
Nautilus Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $250M. 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 February 2026
How many financial advisors does Nautilus Advisors have?
Nautilus Advisors has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 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
What does Nautilus Advisors invest in?
At the end of its last fiscal year, Nautilus Advisors’ separately managed accounts held 42% registered funds (mutual funds, ETFs, BDCs), 35% exchange-traded equities, 13% cash and equivalents, 6% state and local bonds, 2% investment grade corporate bonds and 2% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Nautilus Advisors?
Nautilus Advisors’ direct owner is Michael Behner (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 25 February 2026
How does Nautilus Advisors get paid?
Nautilus Advisors 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
Is Nautilus Advisors registered with the SEC?
Yes, Nautilus Advisors has been registered with the SEC as an investment adviser since 1 September 2010. Its CRD number is 154169 and its SEC file number is 801-71754.
Source: Form ADV Part 1A, Item 1, filed 25 February 2026; IAPD firm record
How do I contact Nautilus Advisors?
Nautilus Advisors’ main office is at 888 Prospect St., Suite 200, La Jolla, CA 92037. Its phone number is 619-573-4590. Its website is nautilusadv.com.