{"url":"https://nivawealth.com/firms/powerhouse-assets-157538","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/157538","regulatoryAum":214800000,"crd":"157538","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4014938","suffix":null,"lastName":"CHOLEWA","firstName":"IWONA","middleName":null},{"crd":"4361136","suffix":null,"lastName":"FINN","firstName":"ALICE","middleName":"NANCY"},{"crd":"4826838","suffix":null,"lastName":"GUEORGUIEVA","firstName":"RALITZA","middleName":"S"}],"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":"2021-06-04","regulatoryAum":124400000,"clients":47,"employees":3,"offices":3},{"filedOn":"2022-02-16","regulatoryAum":144000000,"clients":51,"employees":3,"offices":3},{"filedOn":"2023-02-28","regulatoryAum":158000000,"clients":57,"employees":3,"offices":3},{"filedOn":"2024-02-27","regulatoryAum":176000000,"clients":59,"employees":3,"offices":3},{"filedOn":"2025-03-05","regulatoryAum":207000000,"clients":58,"employees":3,"offices":3},{"filedOn":"2026-03-17","regulatoryAum":214800000,"clients":61,"employees":3,"offices":3}],"secFileNumber":"801-119017","legalName":"Powerhouse Assets LLC","displayName":"PowerHouse Assets","slug":"powerhouse-assets-157538","website":"https://powerhouseassets.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/powerhouse-assets-llc","founded":null,"organization":"Massachusetts limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"20 July 2020","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2846666.6666666665,"staff":{"employees":3,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":214800000,"discretionary":198300000,"discretionaryAccounts":210,"nonDiscretionary":16500000,"nonDiscretionaryAccounts":3,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":12,"regulatoryAum":6500000},{"label":"High-net-worth individuals","clients":48,"regulatoryAum":164300000},{"label":"Corporations and other businesses","clients":1,"fewerThan5":true,"regulatoryAum":44000000}],"feePrograms":[{"role":"main","program":"Investment management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020432","versionId":1020432,"ratePeriod":"not_stated","fee_billing":null,"submittedOn":"2026-03-17","documentName":"POWERHOUSE ASSETS LLC PART 2 BROCHURE","fee_rate_low":1,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":2500}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:20:01.032493+00:00","documents":[{"name":"POWERHOUSE ASSETS LLC PART 2 BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020432","versionId":1020432,"submittedOn":"2026-03-17"}]},"custodians":[{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":198000000}],"custodyNote":"PowerHouse Assets does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Alice Finn","title":"Managing Member and Chief Compliance Officer","crd":"4361136"}],"ownership":[{"label":"Alice Finn","detail":"Managing member and chief compliance officer in the 75% or more ownership band and a control person, since January 2011."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":2},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"781-856-4721","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":90},{"label":"Cash and cash equivalents","percent":7}],"privateFunds":0},"sources":{"adv1FilingDate":"17 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/157538/PDF/157538.pdf","brochureDate":"17 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020432","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 PowerHouse Assets have?","answer":"PowerHouse Assets has 61 clients and manages $215 million for them, as of March 2026. They include 48 high-net-worth individuals, 12 individual clients and 1 corporate or other business client.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 17 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does PowerHouse Assets offer?","answer":"PowerHouse Assets provides portfolio management for individuals and small businesses.","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 PowerHouse Assets charge?","answer":"PowerHouse Assets charges 1.00% for its Investment management. The brochure does not state whether the rate is annual. The fee is negotiable and has a $2,500 annual minimum.","source":"POWERHOUSE ASSETS LLC PART 2 BROCHURE, filed 17 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does PowerHouse Assets use?","answer":"PowerHouse Assets’ separately managed account assets are held at National Financial Services LLC (Boston, MA), with $198M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does PowerHouse Assets have?","answer":"PowerHouse Assets has 3 investment adviser representatives registered with state securities authorities, out of 3 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 PowerHouse Assets invest in?","answer":"At the end of its last fiscal year, PowerHouse Assets’ separately managed accounts held 90% registered funds (mutual funds, ETFs, BDCs), 7% cash and equivalents and 3% 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 PowerHouse Assets?","answer":"PowerHouse Assets’ direct owner is Alice Finn (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 17 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does PowerHouse Assets get paid?","answer":"PowerHouse Assets 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 PowerHouse Assets?","answer":"Its phone number is 781-856-4721. Its website is powerhouseassets.com.","source":"Form ADV Part 1A, Item 1.F, filed 17 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/powerhouse-assets-157538/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-23","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1564396/000156439626000003/0001564396-26-000003-index.html","totalValue":122846560,"positionCount":57,"top10Share":0.7352981801037001,"top10":[{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":32232352,"shares":46931,"shareType":"SH","priorValue":28215954,"priorShares":47219},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P500 ETF","cusip":"464287200","value":30057569,"shares":40136,"shareType":"SH","priorValue":28939900,"priorShares":44304},{"issuer":"ISHARES TR","titleOfClass":"ULTRA SHORT DUR","cusip":"46434V878","value":5768835,"shares":114054,"shareType":"SH","priorValue":5560115,"priorShares":109840},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"VALUE ETF","cusip":"922908744","value":4250841,"shares":19506,"shareType":"SH","priorValue":3897780,"priorShares":19866},{"issuer":"ISHARES INC","titleOfClass":"MSCI EMRG CHN","cusip":"46434G764","value":3369757,"shares":32940,"shareType":"SH","priorValue":3663875,"priorShares":46579},{"issuer":"ISHARES TR","titleOfClass":"CORE MSCI EAFE","cusip":"46432F842","value":3227419,"shares":33417,"shareType":"SH","priorValue":3414331,"priorShares":37715},{"issuer":"DIMENSIONAL ETF TRUST","titleOfClass":"SHOR DUR FIX ETF","cusip":"25434V864","value":3047605,"shares":63824,"shareType":"SH","priorValue":3267726,"priorShares":68248},{"issuer":"DIMENSIONAL ETF TRUST","titleOfClass":"INTL CORE EQT MK","cusip":"25434V203","value":2998522,"shares":72691,"shareType":"SH","priorValue":2844840,"priorShares":73019},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST SHOR CORP ETF","cusip":"78464A474","value":2759576,"shares":91955,"shareType":"SH","priorValue":2546087,"priorShares":84672},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"SM CP VAL ETF","cusip":"922908611","value":2616376,"shares":10767,"shareType":"SH","priorValue":2345866,"priorShares":10798}],"positionsListed":57,"positions":[{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":32232352,"shares":46931,"shareType":"SH","priorValue":28215954,"priorShares":47219},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P500 ETF","cusip":"464287200","value":30057569,"shares":40136,"shareType":"SH","priorValue":28939900,"priorShares":44304},{"issuer":"ISHARES TR","titleOfClass":"ULTRA SHORT DUR","cusip":"46434V878","value":5768835,"shares":114054,"shareType":"SH","priorValue":5560115,"priorShares":109840},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"VALUE ETF","cusip":"922908744","value":4250841,"shares":19506,"shareType":"SH","priorValue":3897780,"priorShares":19866},{"issuer":"ISHARES INC","titleOfClass":"MSCI EMRG CHN","cusip":"46434G764","value":3369757,"shares":32940,"shareType":"SH","priorValue":3663875,"priorShares":46579},{"issuer":"ISHARES TR","titleOfClass":"CORE MSCI EAFE","cusip":"46432F842","value":3227419,"shares":33417,"shareType":"SH","priorValue":3414331,"priorShares":37715},{"issuer":"DIMENSIONAL ETF TRUST","titleOfClass":"SHOR DUR FIX ETF","cusip":"25434V864","value":3047605,"shares":63824,"shareType":"SH","priorValue":3267726,"priorShares":68248},{"issuer":"DIMENSIONAL ETF TRUST","titleOfClass":"INTL CORE EQT MK","cusip":"25434V203","value":2998522,"shares":72691,"shareType":"SH","priorValue":2844840,"priorShares":73019},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST SHOR CORP ETF","cusip":"78464A474","value":2759576,"shares":91955,"shareType":"SH","priorValue":2546087,"priorShares":84672},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"SM CP VAL ETF","cusip":"922908611","value":2616376,"shares":10767,"shareType":"SH","priorValue":2345866,"priorShares":10798},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"TOTAL STK MKT","cusip":"922908769","value":1982092,"shares":5356,"shareType":"SH","priorValue":1732932,"priorShares":5402},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P SCP ETF","cusip":"464287804","value":1836906,"shares":12386,"shareType":"SH","priorValue":1541518,"priorShares":12401},{"issuer":"VANGUARD BD INDEX FDS","titleOfClass":"SHORT TRM BOND","cusip":"921937827","value":1597128,"shares":20500,"shareType":"SH","priorValue":1558653,"priorShares":19878},{"issuer":"DIMENSIONAL ETF TRUST","titleOfClass":"INTERNATNAL VAL","cusip":"25434V807","value":1550257,"shares":28698,"shareType":"SH","priorValue":1606746,"priorShares":30442},{"issuer":"ISHARES TR","titleOfClass":"EAFE VALUE ETF","cusip":"464288877","value":1427537,"shares":18648,"shareType":"SH","priorValue":1382734,"priorShares":18598},{"issuer":"AMERICAN CENTY ETF TR","titleOfClass":"INTL SMCP VLU","cusip":"025072802","value":1414216,"shares":13724,"shareType":"SH","priorValue":1378486,"priorShares":13804},{"issuer":"DIMENSIONAL ETF TRUST","titleOfClass":"US CORE EQT MKT","cusip":"25434V104","value":1222623,"shares":23653,"shareType":"SH","priorValue":1071661,"priorShares":23751},{"issuer":"ISHARES TR","titleOfClass":"SP SMCP600VL ETF","cusip":"464287879","value":1132346,"shares":8285,"shareType":"SH","priorValue":1010598,"priorShares":8532},{"issuer":"SPDR INDEX SHS FDS","titleOfClass":"ST MAR DIVID ETF","cusip":"78463X533","value":1032353,"shares":25205,"shareType":"SH","priorValue":924162,"priorShares":23408},{"issuer":"ISHARES TR","titleOfClass":"ISHS 1-5YR INVS","cusip":"464288646","value":1028774,"shares":19629,"shareType":"SH","priorValue":997813,"priorShares":18984},{"issuer":"DIMENSIONAL ETF TRUST","titleOfClass":"US MKTWIDE VALUE","cusip":"25434V724","value":1027226,"shares":18673,"shareType":"SH","priorValue":903959,"priorShares":18654},{"issuer":"VANGUARD BD INDEX FDS","titleOfClass":"VANGUARD ULTRA","cusip":"92203C303","value":998119,"shares":20051,"shareType":"SH","priorValue":945701,"priorShares":18996},{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":992176,"shares":1329,"shareType":"SH","priorValue":868609,"priorShares":1336},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"REAL ESTATE ETF","cusip":"922908553","value":910632,"shares":9443,"shareType":"SH","priorValue":934773,"priorShares":10539},{"issuer":"SPDR INDEX SHS FDS","titleOfClass":"ST MARKE CAP ETF","cusip":"78463X756","value":858511,"shares":11554,"shareType":"SH","priorValue":793324,"priorShares":11998},{"issuer":"ISHARES INC","titleOfClass":"EM MKT SM-CP ETF","cusip":"464286475","value":836667,"shares":11025,"shareType":"SH","priorValue":741869,"priorShares":10724},{"issuer":"DIMENSIONAL ETF TRUST","titleOfClass":"US SMALL CAP ETF","cusip":"25434V815","value":772283,"shares":19909,"shareType":"SH","priorValue":696503,"priorShares":19877},{"issuer":"DIMENSIONAL ETF TRUST","titleOfClass":"EMGR CRE EQT MNG","cusip":"25434V302","value":731643,"shares":18196,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P MCP ETF","cusip":"464287507","value":709105,"shares":9196,"shareType":"SH","priorValue":655073,"priorShares":9700},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"SMALL CP ETF","cusip":"922908751","value":698293,"shares":2304,"shareType":"SH","priorValue":611498,"priorShares":2335},{"issuer":"APPLE INC","titleOfClass":"COM","cusip":"037833100","value":691240,"shares":2389,"shareType":"SH","priorValue":589470,"priorShares":2323},{"issuer":"ISHARES INC","titleOfClass":"CORE MSCI EMKT","cusip":"46434G103","value":665136,"shares":8029,"shareType":"SH","priorValue":560034,"priorShares":8029},{"issuer":"ISHARES TR","titleOfClass":"RUS 1000 ETF","cusip":"464287622","value":643734,"shares":1572,"shareType":"SH","priorValue":560513,"priorShares":1572},{"issuer":"ALPHABET INC","titleOfClass":"CAP STK CL A","cusip":"02079K305","value":518598,"shares":1451,"shareType":"SH","priorValue":454676,"priorShares":1581},{"issuer":"VANGUARD INTL EQUITY INDEX F","titleOfClass":"GLB EX US ETF","cusip":"922042676","value":518355,"shares":11558,"shareType":"SH","priorValue":481728,"priorShares":10838},{"issuer":"ISHARES TR","titleOfClass":"CORE S&P TTL STK","cusip":"464287150","value":509800,"shares":3103,"shareType":"SH","priorValue":442021,"priorShares":3103},{"issuer":"DIMENSIONAL ETF TRUST","titleOfClass":"WORLD EX US CORE","cusip":"25434V880","value":484583,"shares":13154,"shareType":"SH","priorValue":445910,"priorShares":13127},{"issuer":"SELECT SECTOR SPDR TR","titleOfClass":"ST STR REAL ETF","cusip":"81369Y860","value":458504,"shares":10413,"shareType":"SH","priorValue":1246434,"priorShares":30527},{"issuer":"ISHARES TR","titleOfClass":"RUS 1000 VAL ETF","cusip":"464287598","value":391525,"shares":1615,"shareType":"SH","priorValue":345078,"priorShares":1615},{"issuer":"MICROSOFT CORP","titleOfClass":"COM","cusip":"594918104","value":384928,"shares":1032,"shareType":"SH","priorValue":411491,"priorShares":1112},{"issuer":"DBX ETF TR","titleOfClass":"XTRACK MSCI EAFE","cusip":"233051200","value":349632,"shares":6400,"shareType":"SH","priorValue":316160,"priorShares":6400},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"MID CAP ETF","cusip":"922908629","value":324464,"shares":4027,"shareType":"SH","priorValue":288991,"priorShares":1006},{"issuer":"VANGUARD INTL EQUITY INDEX F","titleOfClass":"TT WRLD ST ETF","cusip":"922042742","value":320967,"shares":2045,"shareType":"SH","priorValue":286573,"priorShares":2072},{"issuer":"MANAGER DIRECTED PORTFOLIOS","titleOfClass":"VERT GLB SUST RE","cusip":"56170L695","value":314641,"shares":27636,"shareType":"SH","priorValue":285186,"priorShares":27607},{"issuer":"STATE STR SPDR S&P MIDCAP 40","titleOfClass":"UTSER1 S&PDCRP","cusip":"78467Y107","value":294226,"shares":418,"shareType":"SH","priorValue":257804,"priorShares":418},{"issuer":"TJX COS INC NEW","titleOfClass":"COM","cusip":"872540109","value":282909,"shares":1867,"shareType":"SH","priorValue":298222,"priorShares":1867},{"issuer":"PIMCO ETF TR","titleOfClass":"ENHAN SHRT MA AC","cusip":"72201R833","value":280132,"shares":2779,"shareType":"SH","priorValue":385725,"priorShares":3835},{"issuer":"DIMENSIONAL ETF TRUST","titleOfClass":"US COR EQU 2 ETF","cusip":"25434V708","value":268996,"shares":6064,"shareType":"SH","priorValue":233046,"priorShares":5997},{"issuer":"AMERICAN CENTY ETF TR","titleOfClass":"EMERGING MKT VAL","cusip":"025072372","value":266523,"shares":4063,"shareType":"SH","priorValue":324530,"priorShares":5411},{"issuer":"ISHARES TR","titleOfClass":"1 3 YR TREAS BD","cusip":"464287457","value":250096,"shares":3046,"shareType":"SH","priorValue":262578,"priorShares":3180},{"issuer":"FIDELITY COVINGTON TRUST","titleOfClass":"ENHANCED LARGE","cusip":"316092113","value":245145,"shares":5849,"shareType":"SH","priorValue":212154,"priorShares":5849},{"issuer":"ISHARES TR","titleOfClass":"MSCI EAFE ETF","cusip":"464287465","value":233730,"shares":2250,"shareType":"SH","priorValue":218543,"priorShares":2250},{"issuer":"STATE STR SPDR DOW JONES IND","titleOfClass":"UT SER 1","cusip":"78467X109","value":222072,"shares":425,"shareType":"SH","priorValue":289265,"priorShares":625},{"issuer":"ISHARES TR","titleOfClass":"MICRO-CAP ETF","cusip":"464288869","value":214523,"shares":1072,"shareType":"SH"},{"issuer":"MCDONALDS CORP","titleOfClass":"COM","cusip":"580135101","value":211113,"shares":781,"shareType":"SH","priorValue":254227,"priorShares":818},{"issuer":"COSTCO WHOLESALE CORPORATION","titleOfClass":"COM","cusip":"22160K105","value":210481,"shares":225,"shareType":"SH","priorValue":224197,"priorShares":225},{"issuer":"AMPHENOL CORP","titleOfClass":"CL A","cusip":"032095101","value":202768,"shares":1150,"shareType":"SH"}]},"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."}