{"url":"https://nivawealth.com/firms/october-wealth-advisors-153993","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/153993","regulatoryAum":141641267,"crd":"153993","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2070323","suffix":null,"lastName":"CRAIG","firstName":"DAVID","middleName":"CLARKE"},{"crd":"6439405","suffix":null,"lastName":"GARRIDO","firstName":"JON-ERIK","middleName":"IAN"}],"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":"2022-04-12","regulatoryAum":125297657,"clients":159,"employees":3,"offices":1},{"filedOn":"2023-08-07","regulatoryAum":109063675,"clients":159,"employees":3,"offices":1},{"filedOn":"2024-01-31","regulatoryAum":112474433,"clients":162,"employees":3,"offices":1},{"filedOn":"2025-03-04","regulatoryAum":130743699,"clients":163,"employees":3,"offices":1},{"filedOn":"2026-09-22","regulatoryAum":141641267,"clients":160,"employees":2,"offices":1}],"secFileNumber":"801-124993","legalName":"October Wealth Advisors, Inc","displayName":"October Wealth Advisors","slug":"october-wealth-advisors-153993","website":"https://octwealth.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/153993/5d8114256f46a210-r1.webp","tone":"light","width":516,"height":200,"sourceUrl":"https://www.octwealth.com/","sourceLabel":"October Wealth Advisors, INC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Arkansas corporation","fiscalYearEnd":"December","headquarters":{"street":"322 North 8th Street","city":"Fort Smith","state":"AR","stateName":"Arkansas","country":"United States","postalCode":"72901"},"tradeNames":[],"registration":{"secApproved":"12 May 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management","feeBasis":"marginal","fee_tiers":[{"to":1000000,"pct":1,"from":0},{"to":3000000,"pct":0.75,"from":1000000},{"to":null,"pct":0.5,"from":3000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008139","versionId":1008139,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-02-11","documentName":"OCTOBER WEALTH BROCHURE","fee_rate_low":0.5,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":1000}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:08:46.653224+00:00","documents":[{"name":"OCTOBER WEALTH BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008139","versionId":1008139,"submittedOn":"2026-02-11"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":141579862}],"custodyNote":"October Wealth Advisors has custody of $33.4M in client assets for 43 clients.","otherCustodians":[],"leadership":[{"name":"David Craig","title":"President/Chief Compliance Officer","crd":"2070323"}],"ownership":[{"label":"David Craig","detail":"President/chief compliance officer in the 75% or more ownership band and a control person, since March 2010."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Arkansas","offices":1,"addresses":[{"street":"322 North 8th Street","city":"Fort Smith","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"479-452-0996","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":43},{"label":"U.S. government/agency bonds","percent":2},{"label":"U.S. state and local bonds","percent":24},{"label":"Investment grade corporate bonds","percent":7},{"label":"Securities issued by registered investment companies or business development companies","percent":16},{"label":"Cash and cash equivalents","percent":7},{"label":"Other","percent":1,"detail":"Unassigned and CDS"}],"privateFunds":0},"sources":{"adv1FilingDate":"22 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/153993/PDF/153993.pdf","brochureDate":"11 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008139","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 October Wealth Advisors have?","answer":"October Wealth Advisors has 160 clients and manages $142 million for them, as of September 2026. They include 137 individual clients and 23 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 22 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does October Wealth Advisors offer?","answer":"October Wealth Advisors provides portfolio management for individuals and small businesses and portfolio management for institutions.","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 October Wealth Advisors charge?","answer":"October Wealth Advisors charges 0.50%–1.00% a year for its Portfolio management. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $1,000 annual minimum.","source":"OCTOBER WEALTH BROCHURE, filed 11 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does October Wealth Advisors use?","answer":"October Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $142M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does October Wealth Advisors have?","answer":"October Wealth 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 October Wealth Advisors invest in?","answer":"At the end of its last fiscal year, October Wealth Advisors’ separately managed accounts held 43% exchange-traded equities, 24% state and local bonds, 16% registered funds (mutual funds, ETFs, BDCs), 7% investment grade corporate bonds, 7% cash and equivalents, 2% U.S. government and agency bonds and 1% other. The 1% other category is described as: Unassigned and CDS.","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 October Wealth Advisors?","answer":"October Wealth Advisors’ direct owner is David Craig (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 22 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does October Wealth Advisors get paid?","answer":"October Wealth Advisors is paid through a percentage of assets under management 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 October Wealth Advisors?","answer":"October Wealth Advisors’ main office is at 322 North 8th Street, Fort Smith, AR 72901. Its phone number is 479-452-0996. Its website is octwealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 22 September 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."}