{"url":"https://nivawealth.com/firms/otto-and-associates-109493","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/109493","regulatoryAum":286640870,"crd":"109493","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5895496","suffix":null,"lastName":"GOODELL","firstName":"SUSAN","middleName":"OTTO"},{"crd":"7429053","suffix":null,"lastName":"Maher","firstName":"Deborah","middleName":"L"},{"crd":"4364736","suffix":null,"lastName":"OTTO","firstName":"DAVID","middleName":"WILLIAM"}],"total":3,"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":"2021-03-24","regulatoryAum":187507950,"clients":143,"employees":5,"offices":2},{"filedOn":"2022-03-17","regulatoryAum":219706127,"clients":147,"employees":6,"offices":1},{"filedOn":"2023-04-12","regulatoryAum":194454861,"clients":151,"employees":6,"offices":1},{"filedOn":"2024-03-25","regulatoryAum":223460728,"clients":151,"employees":6,"offices":1},{"filedOn":"2025-03-18","regulatoryAum":249894379,"clients":149,"employees":6,"offices":1},{"filedOn":"2026-03-26","regulatoryAum":286640870,"clients":152,"employees":6,"offices":1}],"secFileNumber":"801-58024","legalName":"Otto & Associates, Inc.","displayName":"Otto & Associates","slug":"otto-and-associates-109493","website":"https://ottoandassociates.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"1991","organization":"New York corporation","fiscalYearEnd":"December","headquarters":{"street":"16 Beaver Meadow Road","city":"Norwich","state":"VT","stateName":"Vermont","country":"United States","postalCode":"05055"},"tradeNames":[],"registration":{"secApproved":"24 November 2000","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1884856.0592105263,"staff":{"employees":6,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":286640870,"discretionary":286640870,"discretionaryAccounts":629,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":3,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":76,"regulatoryAum":44147878},{"label":"High-net-worth individuals","clients":76,"regulatoryAum":242350243},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":142749}],"feePrograms":[{"role":"main","program":"Investment management","feeBasis":"marginal","fee_tiers":[{"to":1250000,"pct":1,"from":0},{"to":2500000,"pct":0.5,"from":1250000},{"to":null,"pct":0.25,"from":2500000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1026765","versionId":1026765,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-26","documentName":"OTTO & ASSOCIATES, INC. BROCHURE","fee_rate_low":0.25,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":3000},{"role":"other","program":"Financial plans and retirement plans","summary":"Financial plans and retirement plans are priced according to the complexity of the client's situation, are negotiable, and are generally billed on delivery.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1026765","versionId":1026765,"submittedOn":"2026-03-26","documentName":"OTTO & ASSOCIATES, INC. BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T12:03:36.667716+00:00","documents":[{"name":"OTTO & ASSOCIATES, INC. BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1026765","versionId":1026765,"submittedOn":"2026-03-26"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":258324458}],"custodyNote":"Otto & Associates does not have custody of client assets.","leadership":[{"name":"Susan Goodell","title":"Chief Executive Officer, President, and Chief Compliance Officer","crd":"5895496"},{"name":"David Otto","title":"Chief Executive Officer Emeritus","crd":"4364736"},{"name":"Elizabeth Otto","title":"Shareholder","crd":"5895505"}],"ownership":[{"label":"David Otto","detail":"Chief executive officer emeritus in the 25% to 50% ownership band and a control person, since December 2023."},{"label":"Susan Goodell","detail":"Chief executive officer, president, and chief compliance officer in the 50% to 75% ownership band and a control person, since December 2023."},{"label":"Elizabeth Otto","detail":"Shareholder in the 10% to 25% ownership band, since December 2010."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Vermont","offices":1,"addresses":[{"street":"16 Beaver Meadow Road","city":"Norwich","headquarters":true}]}],"brochureServices":["education planning","estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"802-649-1946","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":89},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":3},{"label":"Cash and cash equivalents","percent":6}],"privateFunds":0},"sources":{"adv1FilingDate":"26 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/109493/PDF/109493.pdf","brochureDate":"26 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1026765","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 Otto & Associates have?","answer":"Otto & Associates has 152 clients and manages $287 million for them, as of March 2026. They include 76 individual clients and 76 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Otto & Associates offer?","answer":"Otto & Associates provides financial planning, portfolio management for individuals and small businesses, pension consulting, education planning, estate planning, insurance, 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 Otto & Associates charge?","answer":"Otto & Associates charges 0.25%–1.00% a year for its Investment management. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $3,000 annual minimum.","source":"OTTO & ASSOCIATES, INC. BROCHURE, filed 26 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Otto & Associates use?","answer":"Otto & Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $258M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Otto & Associates have?","answer":"Otto & Associates has 3 investment adviser representatives registered with state securities authorities, out of 6 employees, and 3 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 Otto & Associates invest in?","answer":"At the end of its last fiscal year, Otto & Associates’ separately managed accounts held 89% registered funds (mutual funds, ETFs, BDCs), 6% cash and equivalents, 3% pooled vehicles (private funds and similar) and 2% exchange-traded equities.","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 Otto & Associates?","answer":"Otto & Associates’ direct owners are David Otto (25% to 50%), Susan Goodell (50% to 75%) and Elizabeth Otto (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Otto & Associates get paid?","answer":"Otto & Associates is paid through a percentage of assets under management and hourly charges. 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":"Is Otto & Associates registered with the SEC?","answer":"Yes, Otto & Associates has been registered with the SEC as an investment adviser since 24 November 2000. Its CRD number is 109493 and its SEC file number is 801-58024.","source":"Form ADV Part 1A, Item 1, filed 26 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Otto & Associates?","answer":"Otto & Associates’ main office is at 16 Beaver Meadow Road, Norwich, VT 05055. Its phone number is 802-649-1946. Its website is ottoandassociates.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 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."}