No Fate BWWM provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 51–100 clients last fiscal year.
No Fate BWWM reports 79 clients. They include 50 high-net-worth individuals, 25 individual clients and 4 other clients. Of its assets, 99.3% ($310M across 648 accounts) are managed with discretion; $2.33M across 14 accounts are not. A wrap fee program the firm both sponsors and manages holds $272M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 32% | 2% |
| High-net-worth individuals | 63% | 56% |
| Other | 5% | 42% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 25 | $6.96M | 2.2% | $278K |
| High-net-worth individuals | 50 | $175M | 56.0% | $3.49M |
| Other | 4 | $130M | 41.8% | $32.6M |
| Total | 79 | $312M | 100% | $3.95M |
- Clients
- 25
- Regulatory AUM
- $6.96M
- AUM share
- 2.2%
- Avg. per client
- $278K
- Clients
- 50
- Regulatory AUM
- $175M
- AUM share
- 56.0%
- Avg. per client
- $3.49M
- Clients
- 4
- Regulatory AUM
- $130M
- AUM share
- 41.8%
- Avg. per client
- $32.6M
Total
- Clients
- 79
- Regulatory AUM
- $312M
- AUM share
- 100%
- Avg. per client
- $3.95M
- 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
- 51–100
No Fate BWWM is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
John Hetzel owns 75% or more of No Fate BWWM. The leadership team of No Fate BWWM includes President John Hetzel. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 75% or more of No Fate BWWM, LLC
John Hetzel
Control person · since October 2021
No Fate BWWM’s regulatory assets grew 2.5× from $126M (July 2022) to $312M (March 2026); clients fell from 206 to 79 and employees rose from 1 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $312M | 79 | 2 | 1 |
| Mar 2025March 2025 | $149M | 72 | 2 | 1 |
| Apr 2024April 2024 | $105M | 52 | 1 | 1 |
| Mar 2023March 2023 | $102M | 52 | 1 | 1 |
| Jul 2022July 2022 | $126M | 206 | 1 | 1 |
Besides its headquarters, No Fate BWWM has 0 offices, with 1 listed address in 1 state.
Texas · 1 listed address
- 8105 Rasor BLVD., Box #87, PlanoHQ
Contact and registration details
- Legal name
- No Fate BWWM, LLC
- Headquarters
- 8105 Rasor BLVD., Box #87, Plano, TX 75024
- Website
- nofatebwwm.com
- Phone
- 214-379-3333
- SEC file
- 801-122753
- Structure
- Texas LLC
- Fiscal year end
- December
No Fate BWWM’s named custodians for separately managed accounts are Charles Schwab ($202M, 73%), Fidelity ($69.2M, 25%) and Tiaa-Cref Individual & Institutional Services ($4.67M, 2%). No Fate BWWM has custody of $1.24M for 1 clients.
- FidelityNational Financial Services LLC · Boston, MA · $69.2M25%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $202M73%
- Tiaa-Cref Individual & Institutional ServicesTiaa-Cref Individual & Institutional Services, LLC · New York, NY · $4.67M2%
At year end, No Fate BWWM’s separately managed accounts were mostly in stocks (72%) and funds (20%).
What the accounts hold
- Stocks72%
- Funds20%
- Pooled vehicles12%
- Registered funds8%
- Bonds5%
- U.S. government and agency bonds3%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash5%
How many clients does No Fate BWWM have?
No Fate BWWM has 79 clients and manages $312 million for them, as of March 2026. They include 50 high-net-worth individuals, 25 individual clients and 4 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does No Fate BWWM offer?
No Fate BWWM provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does No Fate BWWM use?
No Fate BWWM’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $202M, National Financial Services LLC (Boston, MA), with $69.2M and Tiaa-Cref Individual & Institutional Services, LLC (New York, NY), with $4.67M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does No Fate BWWM have?
No Fate BWWM has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does No Fate BWWM invest in?
At the end of its last fiscal year, No Fate BWWM’s separately managed accounts held 72% exchange-traded equities, 12% pooled vehicles (private funds and similar), 8% registered funds (mutual funds, ETFs, BDCs), 5% cash and equivalents, 3% U.S. government and agency bonds, 1% state and local bonds and 1% investment grade 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 No Fate BWWM?
No Fate BWWM’s direct owner is John Hetzel (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does No Fate BWWM get paid?
No Fate BWWM 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
How do I contact No Fate BWWM?
No Fate BWWM’s main office is at 8105 Rasor BLVD., Box #87, Plano, TX 75024. Its phone number is 214-379-3333. Its website is nofatebwwm.com.