Net Worth Advisory Group provides financial planning, portfolio management for individuals and small businesses, selecting other managers, publishing newsletters, educational seminars, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 1,000 clients last fiscal year.
Net Worth Advisory Group reports 862 clients. They include 594 individual clients and 268 high-net-worth individuals. Of its assets, 56.6% ($475M across 2,352 accounts) are managed with discretion; $364M across 903 accounts are not. It advised 5 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 69% | 24% |
| High-net-worth individuals | 31% | 76% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 594 | $205M | 24.5% | $346K |
| High-net-worth individuals | 268 | $633M | 75.5% | $2.36M |
| Total | 862 | $838M | 100% | $973K |
- Clients
- 594
- Regulatory AUM
- $205M
- AUM share
- 24.5%
- Avg. per client
- $346K
- Clients
- 268
- Regulatory AUM
- $633M
- AUM share
- 75.5%
- Avg. per client
- $2.36M
Total
- Clients
- 862
- Regulatory AUM
- $838M
- AUM share
- 100%
- Avg. per client
- $973K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 5
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1000
Net Worth Advisory Group charges 0.50%–1.50% a year for its Investment advisory fee. The fee is billed in arrears, is negotiable and has a $1,000 annual minimum. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Financial plan fees range from $750 to $5,000 based on the complexity of the planning; the agreed fee is noted in the Financial Planning Agreement.
Raymond Levitre owns 25% to 50% of Net Worth Advisory Group. The leadership team of Net Worth Advisory Group includes Chief Compliance Officer Raymond Levitre. It has 20 employees, 13 of them in advisory roles.
Leadership
Raymond LevitreManaging Member & Chief Compliance Officer
David SwappManaging Member- Gregory SimmonsManaging Member
Richard SmithManaging Member
Investment adviser representatives
15 representatives listed in the SEC register as of 9 October 2026.
Staff
- 20 employees
- 13 in advisory functions
- 13 state-registered reps
- Owns 25% to 50% of Net Worth Advisory Group, LLC
Raymond Levitre
Control person · since April 2003
- Owns 25% to 50% of Net Worth Advisory Group, LLC
David Swapp
Control person · since January 2008
- Owns 10% to 25% of Net Worth Advisory Group, LLC
Gregory Simmons
Control person · since January 2020
- Owns 10% to 25% of Net Worth Advisory Group, LLC
Richard Smith
Control person · since September 2021
Net Worth Advisory Group’s regulatory assets grew 1.7× from $499M (February 2021) to $838M (March 2026); clients rose from 603 to 862 and employees from 15 to 20.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $838M | 862 | 20 | 1 |
| March 2025 | $718M | 796 | 18 | 1 |
| March 2024 | $632M | 736 | 16 | 1 |
| February 2023 | $524M | 708 | 16 | 1 |
| March 2022 | $582M | 659 | 16 | 1 |
| February 2021 | $499M | 603 | 15 | 1 |
Besides its headquarters, Net Worth Advisory Group has 0 offices, with 1 listed address in Utah.
Utah · 1 listed address
- 75 W. Towne Ridge Parkway, Suite 460, SandyHQ
Contact and registration details
- Legal name
- Net Worth Advisory Group, LLC
- Headquarters
- 75 W. Towne Ridge Parkway, Suite 460, Sandy, UT 84070
- Website
- networthadvice.com
- Phone
- 801-566-6639
- @net-worth-advisory-group
- SEC file
- 801-65548
- Founded
- 2003
- Structure
- Utah LLC
- Fiscal year end
- December
Net Worth Advisory Group uses Folio Investments ($475M, 65%) and Fidelity ($260M, 35%) as custodians for its separately managed accounts. Net Worth Advisory Group does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $260M35%
- Folio InvestmentsFolio Investments, Inc. · McLean, VA · $475M65%
At year end, Net Worth Advisory Group’s separately managed accounts were mostly in stocks (58%) and bonds (35%). Its reported 13F holdings for the quarter ended 30 June 2026 total $397M across 411 positions; the largest are Vanguard Scottsdale Fds (5.6%), Vanguard Scottsdale Fds (4.9%) and Vanguard Charlotte Fds (3.4%).
What the accounts hold
- Stocks58%
- Bonds35%
- U.S. government and agency bonds16%
- Investment grade corporate bonds16%
- State and local bonds3%
- Cash7%
Reported 13F holdings
- $397M
- Reported 13F value
- 411
- Positions
- 29.1%
- In the 10 largest
- −17.7%
- Value vs. prior quarter
- Vanguard Scottsdale Fds · Int-term Corp.5.6%
- Vanguard Scottsdale Fds · Inter Term Treas4.9%
- Vanguard Charlotte Fds · Total Int BD ETF3.4%
- iShares TR · 10-20 YR Trs ETF3.1%
- Vanguard Malvern Fds · Strm Infproidx2.8%
- SPDR Series Trust · ST Intl Bbg ETF2.1%
- Nvidia Corporation2.0%
- Vanguard Scottsdale Fds · Short Term Treas1.9%
- Applied Matls Inc.1.7%
- Apple Inc.1.5%
Together, the ten largest are 29.1% of reported value.
How many clients does Net Worth Advisory Group have?
Net Worth Advisory Group has 862 clients and manages $838 million for them, as of March 2026. They include 594 individual clients and 268 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026
What services does Net Worth Advisory Group offer?
Net Worth Advisory Group provides financial planning, portfolio management for individuals and small businesses, selecting other managers, publishing newsletters, educational seminars, 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
How much does Net Worth Advisory Group charge?
Net Worth Advisory Group charges 0.50%–1.50% a year for its Investment advisory fee. The fee is billed in arrears, is negotiable and has a $1,000 annual minimum.
Source: NET WORTH ADVISORY GROUP PART II, filed 23 March 2026
Which custodians does Net Worth Advisory Group use?
Net Worth Advisory Group’s separately managed account assets are held at Folio Investments, Inc. (McLean, VA), with $475M and Fidelity Brokerage Services LLC (Smithfield, RI), with $260M. 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 March 2026
How many financial advisors does Net Worth Advisory Group have?
Net Worth Advisory Group has 13 investment adviser representatives registered with state securities authorities, out of 20 employees, and 13 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
What does Net Worth Advisory Group invest in?
At the end of its last fiscal year, Net Worth Advisory Group’s separately managed accounts held 58% exchange-traded equities, 16% U.S. government and agency bonds, 16% investment grade corporate bonds, 7% cash and equivalents and 3% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Net Worth Advisory Group?
Net Worth Advisory Group’s direct owners are Raymond Levitre, David Swapp, Gregory Simmons and Richard Smith, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 23 March 2026
How does Net Worth Advisory Group get paid?
Net Worth Advisory Group is paid through a percentage of assets under management, hourly charges 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 Net Worth Advisory Group registered with the SEC?
Yes, Net Worth Advisory Group has been registered with the SEC as an investment adviser since 6 March 2006. Its CRD number is 126983 and its SEC file number is 801-65548.
Source: Form ADV Part 1A, Item 1, filed 23 March 2026; IAPD firm record
How do I contact Net Worth Advisory Group?
Net Worth Advisory Group’s main office is at 75 W. Towne Ridge Parkway, Suite 460, Sandy, UT 84070. Its phone number is 801-566-6639. Its website is networthadvice.com.