{"url":"https://nivawealth.com/firms/north-bay-wealth-management-285523","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/285523","regulatoryAum":107342382,"crd":"285523","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"8021251","suffix":null,"lastName":"Anzelc","firstName":"Jeremiah","middleName":"Jonathan"},{"crd":"6218746","suffix":null,"lastName":"TENNYSON","firstName":"PETER","middleName":"MICHAEL"}],"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":"2025-07-14","regulatoryAum":102138727,"clients":138,"employees":2,"offices":1},{"filedOn":"2026-03-02","regulatoryAum":107342382,"clients":138,"employees":2,"offices":1}],"secFileNumber":"801-132750","legalName":"North Bay Wealth Management","displayName":"North Bay Wealth Management","slug":"north-bay-wealth-management-285523","website":"https://northbaywealth.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"140 2nd Street, Suite 310","city":"Petaluma","state":"CA","stateName":"California","country":"United States","postalCode":"94952"},"tradeNames":[],"registration":{"secApproved":"9 May 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":749977.9548872181,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":107342382,"discretionary":100323022,"discretionaryAccounts":335,"nonDiscretionary":7019360,"nonDiscretionaryAccounts":5,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":104,"regulatoryAum":41155869},{"label":"High-net-worth individuals","clients":29,"regulatoryAum":58591199},{"label":"Pension and profit-sharing plans","clients":5,"regulatoryAum":7019360},{"label":"Corporations and other businesses","clients":0,"fewerThan5":true,"regulatoryAum":575954}],"feePrograms":[{"role":"main","program":"Asset Management","feeBasis":"marginal","fee_tiers":[{"to":2000000,"pct":1.25,"from":0},{"to":6000000,"pct":1,"from":2000000},{"to":10000000,"pct":0.9,"from":6000000},{"to":null,"pct":0.8,"from":10000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1013511","versionId":1013511,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-02","documentName":"ADV PART 2A AND 2B NORTH BAY WEALTH MANAGEMENT","fee_rate_low":0.8,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":1000000,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:36:03.395842+00:00","documents":[{"name":"ADV PART 2A AND 2B NORTH BAY WEALTH MANAGEMENT","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1013511","versionId":1013511,"submittedOn":"2026-03-02"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":96942942}],"custodyNote":"North Bay Wealth Management has custody of $21.2M in client assets for 50 clients.","otherCustodians":[],"leadership":[{"name":"Peter Tennyson","title":"Owner, Chief Compliance Officer","crd":"6218746"}],"ownership":[{"label":"Peter Tennyson","detail":"Owner, chief compliance officer in the 75% or more ownership band and a control person, since September 2016."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"140 2nd Street, Suite 310","city":"Petaluma","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"707-971-7069","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"26-50","assetMix":[{"label":"Exchange-traded equity securities","percent":6},{"label":"U.S. government/agency bonds","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":86},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"2 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/285523/PDF/285523.pdf","brochureDate":"2 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1013511","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 North Bay Wealth Management have?","answer":"North Bay Wealth Management has 138 clients and manages $107 million for them, as of March 2026. They include 104 individual clients, 29 high-net-worth individuals, and 5 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 2 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does North Bay Wealth Management offer?","answer":"North Bay Wealth Management provides financial planning, portfolio management for individuals and small businesses, and pension consulting.","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 North Bay Wealth Management charge?","answer":"North Bay Wealth Management charges 0.80%–1.25% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $1,000,000.","source":"ADV PART 2A AND 2B NORTH BAY WEALTH MANAGEMENT, filed 2 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does North Bay Wealth Management use?","answer":"North Bay Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $96.9M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does North Bay Wealth Management have?","answer":"North Bay Wealth Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 North Bay Wealth Management invest in?","answer":"At the end of its last fiscal year, North Bay Wealth Management’s separately managed accounts held 86% registered funds (mutual funds, ETFs, BDCs), 6% exchange-traded equities, 5% cash and equivalents and 3% U.S. government and agency 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":"Does North Bay Wealth Management have a minimum investment?","answer":"Yes, North Bay Wealth Management’s minimum account size for its Asset Management is $1M.","source":"ADV PART 2A AND 2B NORTH BAY WEALTH MANAGEMENT, filed 2 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns North Bay Wealth Management?","answer":"North Bay Wealth Management’s direct owner is Peter Tennyson (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 2 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does North Bay Wealth Management get paid?","answer":"North Bay Wealth Management is paid through a percentage of assets under management. 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 North Bay Wealth Management?","answer":"North Bay Wealth Management’s main office is at 140 2nd Street, Suite 310, Petaluma, CA 94952. Its phone number is 707-971-7069. Its website is northbaywealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 2 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."}