{"url":"https://nivawealth.com/firms/no-fate-bwwm-317406","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/317406","regulatoryAum":311863610,"crd":"317406","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5593632","suffix":null,"lastName":"FLOYD","firstName":"KEVIN","middleName":"JAMES"},{"crd":"4147688","suffix":null,"lastName":"HETZEL","firstName":"JOHN","middleName":"OTTO"}],"total":2,"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"},"history":[{"filedOn":"2022-07-18","regulatoryAum":126260809,"clients":206,"employees":1,"offices":1},{"filedOn":"2023-03-19","regulatoryAum":102019977,"clients":52,"employees":1,"offices":1},{"filedOn":"2024-04-18","regulatoryAum":105438390,"clients":52,"employees":1,"offices":1},{"filedOn":"2025-03-29","regulatoryAum":149267418,"clients":72,"employees":2,"offices":1},{"filedOn":"2026-03-31","regulatoryAum":311863610,"clients":79,"employees":2,"offices":1}],"secFileNumber":"801-122753","legalName":"No Fate BWWM, LLC","displayName":"No Fate BWWM","slug":"no-fate-bwwm-317406","website":"https://nofatebwwm.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"8105 Rasor BLVD., Box #87","city":"Plano","state":"TX","stateName":"Texas","country":"United States","postalCode":"75024"},"tradeNames":[],"registration":{"secApproved":"24 November 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2421156.2533333334,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":311863610,"discretionary":309532141,"discretionaryAccounts":648,"nonDiscretionary":2331469,"nonDiscretionaryAccounts":14,"wrapProgram":271544841,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":25,"regulatoryAum":6959205},{"label":"High-net-worth individuals","clients":50,"regulatoryAum":174627514},{"label":"Other","clients":4,"regulatoryAum":130276891}],"feePrograms":[],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T17:07:14.385272+00:00","documents":[{"name":"FIRM & INDIVIDUAL DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1034923","versionId":1034923,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":69197768},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":202347074},{"name":"Tiaa-Cref Individual & Institutional Services, LLC","shortName":"Tiaa-Cref Individual & Institutional Services","location":"New York, NY","smaAssets":4668779}],"custodyNote":"No Fate BWWM has custody of $1.24M for 1 clients.","otherCustodians":[],"leadership":[{"name":"John Hetzel","title":"Managing Member,president and Chief Compliance Officer","crd":"4147688"}],"ownership":[{"label":"John Hetzel","detail":"Managing member,president and chief compliance officer in the 75% or more ownership band and a control person, since October 2021."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Texas","offices":1,"addresses":[{"street":"8105 Rasor BLVD., Box #87","city":"Plano","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"214-379-3333","stateRegisteredReps":2,"otherAdviserReps":2,"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"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":72},{"label":"U.S. government/agency bonds","percent":3},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":8},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":12},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/317406/PDF/317406.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1034923","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 No Fate BWWM have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does No Fate BWWM offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does No Fate BWWM use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does No Fate BWWM have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does No Fate BWWM invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns No Fate BWWM?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does No Fate BWWM get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact No Fate BWWM?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 31 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."}