{"url":"https://nivawealth.com/firms/nwm-advisors-283714","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/283714","regulatoryAum":329057624,"crd":"283714","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7197477","suffix":null,"lastName":"Holguin","firstName":"Sergio","middleName":"P"},{"crd":"2347023","suffix":null,"lastName":"NICHOLS","firstName":"KEVIN","middleName":"MARK"}],"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":"2021-04-12","regulatoryAum":206001467,"clients":133,"employees":3,"offices":1},{"filedOn":"2022-02-09","regulatoryAum":247120840,"clients":143,"employees":2,"offices":1},{"filedOn":"2023-03-07","regulatoryAum":211225524,"clients":153,"employees":2,"offices":1},{"filedOn":"2024-02-14","regulatoryAum":247834533,"clients":180,"employees":2,"offices":1},{"filedOn":"2025-02-25","regulatoryAum":293626427,"clients":189,"employees":2,"offices":1},{"filedOn":"2026-02-13","regulatoryAum":329057624,"clients":191,"employees":2,"offices":1}],"secFileNumber":"801-107866","legalName":"NWM 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They include 124 high-net-worth individuals, 47 individual clients, and 20 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 13 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does NWM Advisors offer?","answer":"NWM Advisors provides portfolio management for individuals and small businesses, portfolio management for institutions, 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 NWM Advisors charge?","answer":"NWM Advisors charges up to 1.50% a year for its Comprehensive Portfolio Management. The fee is billed in advance or in arrears and is negotiable.","source":"FORM ADV PART 2A FIRM BROCHURE, filed 13 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does NWM Advisors use?","answer":"NWM Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $310M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does NWM Advisors have?","answer":"NWM Advisors 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 NWM Advisors invest in?","answer":"At the end of its last fiscal year, NWM Advisors’ separately managed accounts held 58% registered funds (mutual funds, ETFs, BDCs), 39% 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 NWM Advisors?","answer":"NWM Advisors’ direct owner is Kevin Nichols (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 13 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does NWM Advisors get paid?","answer":"NWM Advisors 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 NWM Advisors?","answer":"NWM Advisors’ main office is at 735 Tank Farm Road, Suite 250, San Luis Obispo, CA 93401. Its phone number is 805-781-2773. Its website is nwmadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 13 February 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/nwm-advisors-283714/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-28","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2098824/000209882426000005/0002098824-26-000005-index.html","totalValue":126975569,"positionCount":23,"top10Share":0.825931853079548,"top10":[{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":37081669,"shares":53991,"shareType":"SH","priorValue":32606718,"priorShares":54567},{"issuer":"VANGUARD ADMIRAL FDS INC","titleOfClass":"MIDCP 400 IDX","cusip":"921932885","value":15849598,"shares":121546,"shareType":"SH","priorValue":12704382,"priorShares":111130},{"issuer":"BERKSHIRE HATHAWAY INC DEL","titleOfClass":"CL B 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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."}