{"url":"https://nivawealth.com/firms/new-wave-financial-services-173224","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/173224","regulatoryAum":121574578,"crd":"173224","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5841447","suffix":null,"lastName":"MEYER","firstName":"GREGORY","middleName":"SCOTT"}],"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":"801-134729","legalName":"New Wave Financial Services, LLC","displayName":"New Wave Financial Services","slug":"new-wave-financial-services-173224","website":"https://newwavefs.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"California limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"14 November 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1761950.4057971016,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":121574578,"discretionary":121574578,"discretionaryAccounts":234,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":4},"clientTypes":[{"label":"Individuals (other than HNW)","clients":19,"regulatoryAum":6531198},{"label":"High-net-worth individuals","clients":50,"regulatoryAum":115043380}],"feePrograms":[{"role":"main","program":"Ongoing Financial Advising","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006280","versionId":1006280,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-02-04","documentName":"NWFS ADV PART 2A/2B","fee_rate_low":0.25,"fee_rate_high":0.35,"fee_negotiable":false,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Standalone Financial Planning","summary":"Standalone financial planning is a fixed fee generally from $899 to $6,000 by complexity, and ad hoc services are $400 per hour.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006280","versionId":1006280,"submittedOn":"2026-02-04","documentName":"NWFS ADV PART 2A/2B"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:02:57.302604+00:00","documents":[{"name":"NWFS ADV PART 2A/2B","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006280","versionId":1006280,"submittedOn":"2026-02-04"}]},"custodians":[{"name":"MTG, LLC","shortName":"MTG","location":"New York, NY","smaAssets":15282781},{"name":"Altruist Financial LLC","shortName":"Altruist","location":"Culver City, CA","smaAssets":90329283},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":15962514}],"custodyNote":"New Wave Financial Services does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Gregory Meyer","title":"Principal/Chief Compliance Officer","crd":"5841447"}],"ownership":[{"label":"Gregory Meyer","detail":"Principal/chief compliance officer in the 75% or more ownership band and a control person, since September 2014."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"213-316-8641","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","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":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":6},{"label":"Securities issued by registered investment companies or business development companies","percent":91},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"4 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/173224/PDF/173224.pdf","brochureDate":"4 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006280","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 New Wave Financial Services have?","answer":"New Wave Financial Services has 69 clients and manages $122 million for them, as of February 2026. They include 50 high-net-worth individuals and 19 individual clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 4 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does New Wave Financial Services offer?","answer":"New Wave Financial Services 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 New Wave Financial Services charge?","answer":"New Wave Financial Services charges 0.25%–0.35% a year for its Ongoing Financial Advising. The fee is billed in arrears and is not negotiable.","source":"NWFS ADV PART 2A/2B, filed 4 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does New Wave Financial Services use?","answer":"New Wave Financial Services’ separately managed account assets are held at Altruist Financial LLC (Culver City, CA), with $90.3M, Charles Schwab & Co., Inc. (San Francisco, CA), with $16M and MTG, LLC (New York, NY), with $15.3M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does New Wave Financial Services have?","answer":"New Wave Financial Services has 1 investment adviser representative 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 New Wave Financial Services invest in?","answer":"At the end of its last fiscal year, New Wave Financial Services’ separately managed accounts held 91% registered funds (mutual funds, ETFs, BDCs), 6% exchange-traded equities and 3% 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 New Wave Financial Services?","answer":"New Wave Financial Services’ direct owner is Gregory Meyer (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 4 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does New Wave Financial Services get paid?","answer":"New Wave Financial Services 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact New Wave Financial Services?","answer":"Its phone number is 213-316-8641. Its website is newwavefs.com.","source":"Form ADV Part 1A, Item 1.F, filed 4 February 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."}