{"url":"https://nivawealth.com/firms/peerless-wealth-305807","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/305807","regulatoryAum":148652650,"crd":"305807","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7864515","suffix":null,"lastName":"Ethridge","firstName":"Jake","middleName":"William"},{"crd":"1260221","suffix":null,"lastName":"Jimenez","firstName":"Stephen","middleName":null},{"crd":"7636255","suffix":null,"lastName":"Pascarella","firstName":"Robert","middleName":null},{"crd":"3097998","suffix":null,"lastName":"THOMPSON","firstName":"ERIK","middleName":"OLIVER"}],"total":4,"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":"2024-03-18","regulatoryAum":87770000,"clients":163,"employees":2,"offices":1},{"filedOn":"2025-03-18","regulatoryAum":102228000,"clients":178,"employees":3,"offices":1},{"filedOn":"2026-08-20","regulatoryAum":148652650,"clients":220,"employees":4,"offices":2}],"secFileNumber":"801-129909","legalName":"Peerless Wealth LLC","displayName":"Peerless Wealth","slug":"peerless-wealth-305807","website":"https://peerless-wealth.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/305807/e35095c85bdb0dff-r1.webp","tone":"light","width":457,"height":200,"sourceUrl":"http://peerless-wealth.com","sourceLabel":"Peerless Wealth, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Ohio limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1 E. 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Campus View BLVD., Suite 210","city":"Columbus","headquarters":true}]},{"state":"Texas","offices":1,"addresses":[{"street":"3350 Spring Stuebner RD. Ste #400","city":"Spring"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"614-824-2824","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":40},{"label":"Non-exchange-traded equity securities","percent":49},{"label":"Derivatives","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"20 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/305807/PDF/305807.pdf","brochureDate":"20 August 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055514","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 Peerless Wealth have?","answer":"Peerless Wealth has 220 clients and manages $149 million for them, as of August 2026. They include 140 individual clients, 79 high-net-worth individuals and 1 investment company.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 20 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Peerless Wealth offer?","answer":"Peerless Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, pension consulting, and selecting other managers.","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 Peerless Wealth charge?","answer":"Peerless Wealth charges 1.00%–1.50% a year for its Investment Management Fee Structure. The fee is billed in advance and is negotiable.","source":"PW ADV PART 2A, filed 20 August 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Peerless Wealth use?","answer":"Peerless Wealth’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $122M and U.S. Bank National Association (Milwaukee, WI), with $26.5M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Peerless Wealth have?","answer":"Peerless Wealth has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 0 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 Peerless Wealth invest in?","answer":"At the end of its last fiscal year, Peerless Wealth’s separately managed accounts held 49% non-exchange-traded equities, 40% exchange-traded equities, 5% registered funds (mutual funds, ETFs, BDCs) and 1% derivatives.","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 Peerless Wealth?","answer":"Peerless Wealth’s direct owner is Erik Thompson (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 20 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Peerless Wealth get paid?","answer":"Peerless Wealth 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":"How do I contact Peerless Wealth?","answer":"Peerless Wealth’s main office is at 1 E. Campus View BLVD., Suite 210, Columbus, OH 43235. Its phone number is 614-824-2824. Its website is peerless-wealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 20 August 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."}