{"url":"https://nivawealth.com/firms/orographic-financial-advisors-323980","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/323980","regulatoryAum":207665765,"crd":"323980","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4612356","suffix":"III","lastName":"PIHL","firstName":"BO","middleName":"GABRIEL ALFRED"},{"crd":"1421059","suffix":null,"lastName":"SHIFFRIN","firstName":"LESLEY","middleName":"MYRNA"}],"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":"2023-03-06","regulatoryAum":143032914,"clients":110,"employees":3,"offices":2},{"filedOn":"2024-06-28","regulatoryAum":150938994,"clients":102,"employees":3,"offices":2},{"filedOn":"2025-03-13","regulatoryAum":170436300,"clients":105,"employees":3,"offices":2},{"filedOn":"2026-03-03","regulatoryAum":207665765,"clients":111,"employees":3,"offices":2}],"secFileNumber":"801-126918","legalName":"Orographic Financial Advisors, LLC","displayName":"Orographic Financial Advisors","slug":"orographic-financial-advisors-323980","website":"https://orographicfinancial.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2022","organization":"Colorado limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"21 November 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1870862.7477477477,"staff":{"employees":3,"advisory":2,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":207665765,"discretionary":207665765,"discretionaryAccounts":244,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":62,"regulatoryAum":20345948},{"label":"High-net-worth individuals","clients":49,"regulatoryAum":187319817}],"feePrograms":[{"role":"main","program":"Wealth Management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014043","versionId":1014043,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-03","documentName":"ADV PART 2A-2B","fee_rate_low":1,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":2500},{"role":"other","program":"Standalone financial planning","summary":"Fixed fee of up to $4,000 per plan or up to $375 per hour, agreed in advance. Planning is included in the advisory fee for wealth management clients.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014043","versionId":1014043,"submittedOn":"2026-03-03","documentName":"ADV PART 2A-2B"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T17:22:41.12086+00:00","documents":[{"name":"ADV PART 2A-2B","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014043","versionId":1014043,"submittedOn":"2026-03-03"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":207665765}],"custodyNote":"Orographic Financial Advisors has custody of $36.7M in client assets for 24 clients.","otherCustodians":[],"leadership":[{"name":"Bo Pihl","title":"CCO","crd":"4612356"}],"ownership":[{"label":"Orographic Financial, LLC","detail":"Owner in the 25% to 50% ownership band and a control person, since October 2022."},{"label":"Nci, LLC","detail":"Owner in the 25% to 50% ownership band and a control person, since October 2022."},{"label":"Bo Pihl","detail":"Indirect owner: a owner of Orographic Financial, LLC in the 75% or more band and a control person, since October 2022.","parent":"Orographic Financial, LLC"},{"label":"Lesley Shiffrin","detail":"Indirect owner: a owner of Nci, LLC in the 75% or more band and a control person, since October 2022.","parent":"Nci, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"brochureServices":["business succession planning","education planning","estate planning","philanthropic planning","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"720-323-9944","stateRegisteredReps":2,"otherAdviserReps":0,"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":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":55},{"label":"U.S. government/agency bonds","percent":4},{"label":"U.S. state and local bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":25},{"label":"Cash and cash equivalents","percent":14}],"privateFunds":0},"sources":{"adv1FilingDate":"3 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/323980/PDF/323980.pdf","brochureDate":"3 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014043","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 Orographic Financial Advisors have?","answer":"Orographic Financial Advisors has 111 clients and manages $208 million for them, as of March 2026. They include 62 individual clients and 49 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 3 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Orographic Financial Advisors offer?","answer":"Orographic Financial Advisors provides financial planning, portfolio management for individuals and small businesses, business succession planning, education planning, estate planning, philanthropic planning, and tax planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Orographic Financial Advisors charge?","answer":"Orographic Financial Advisors charges 1.00% a year for its Wealth Management. The fee is billed in arrears, is negotiable and has a $2,500 annual minimum.","source":"ADV PART 2A-2B, filed 3 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Orographic Financial Advisors use?","answer":"Orographic Financial Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $208M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Orographic Financial Advisors have?","answer":"Orographic Financial Advisors has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are 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 Orographic Financial Advisors invest in?","answer":"At the end of its last fiscal year, Orographic Financial Advisors’ separately managed accounts held 55% exchange-traded equities, 25% registered funds (mutual funds, ETFs, BDCs), 14% cash and equivalents, 4% U.S. government and agency bonds and 2% state and local 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 Orographic Financial Advisors?","answer":"Orographic Financial Advisors is owned through holding companies by Bo Pihl and Lesley Shiffrin. Its direct owners are Orographic Financial, LLC and Nci, LLC, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 3 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Orographic Financial Advisors get paid?","answer":"Orographic Financial Advisors 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 Orographic Financial Advisors?","answer":"Its phone number is 720-323-9944. Its website is orographicfinancial.com.","source":"Form ADV Part 1A, Item 1.F, filed 3 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."}