{"url":"https://nivawealth.com/firms/protocol-wealth-335298","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/335298","regulatoryAum":153000000,"crd":"335298","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5656102","suffix":null,"lastName":"BLUMBERG","firstName":"ADAM","middleName":"Steven"},{"crd":"4124810","suffix":null,"lastName":"LEUPOLD","firstName":"JASON","middleName":"G"},{"crd":"5996576","suffix":null,"lastName":"Rygiel","firstName":"Nicholas","middleName":"Wayne"}],"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":"2025-04-04","regulatoryAum":0,"clients":0,"employees":4,"offices":1},{"filedOn":"2026-10-01","regulatoryAum":153000000,"clients":49,"employees":3,"offices":2}],"secFileNumber":"801-132382","legalName":"Protocol Wealth, LLC","displayName":"Protocol 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complexity.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060919","versionId":1060919,"submittedOn":"2026-10-12","documentName":"PROTOCOL WEALTH FORM ADV 2A OCT 2026"},{"role":"other","program":"Project fees","summary":"Fixed project fees for limited-scope engagements, agreed in advance and varying with scope.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060919","versionId":1060919,"submittedOn":"2026-10-12","documentName":"PROTOCOL WEALTH FORM ADV 2A OCT 2026"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T17:59:12.174654+00:00","documents":[{"name":"PROTOCOL WEALTH FORM ADV 2A OCT 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060919","versionId":1060919,"submittedOn":"2026-10-12"}]},"custodians":[{"name":"Altruist Financial LLC","shortName":"Altruist","location":"Culver City, CA","smaAssets":27175564},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":8752244}],"custodyNote":"Protocol Wealth does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Adam Blumberg","title":"Managing Partner / Chief Compliance Officer","crd":"5656102"},{"name":"Jason Leupold","title":"Chief Information Officer","crd":"4124810"},{"name":"Nicholas Rygiel","title":"Managing Partner","crd":"5996576"}],"ownership":[{"label":"Forbidden Fruit Consulting, LLC","detail":"Owner in the 25% to 50% ownership band and a control person, since January 2026."},{"label":"Rygiel Holdings LLC","detail":"Owner in the 25% to 50% ownership band and a control person, since January 2026."},{"label":"Leupold Capital Management LLC","detail":"Owner in the 25% to 50% ownership band and a control person, since January 2026."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Colorado","offices":1,"addresses":[{"street":"201 Milwaukee Street, Suite 200","city":"Denver","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"720-439-9055","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Subscription fees","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)","Educational seminars/workshops"],"financialPlanningClients":"26-50","assetMix":[{"label":"Exchange-traded equity securities","percent":10},{"label":"Non-exchange-traded equity securities","percent":20},{"label":"Other","percent":70,"detail":"Crypto Currencies"}],"privateFunds":0},"sources":{"adv1FilingDate":"1 October 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/335298/PDF/335298.pdf","brochureDate":"12 October 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060919","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 Protocol Wealth have?","answer":"Protocol Wealth has 49 clients and manages $153 million for them, as of October 2026. They include 34 high-net-worth individuals, 14 individual clients and 1 pooled investment vehicle.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 1 October 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Protocol Wealth offer?","answer":"Protocol Wealth provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Protocol Wealth use?","answer":"Protocol Wealth’s separately managed account assets are held at Altruist Financial LLC (Culver City, CA), with $27.2M and Charles Schwab & Co., Inc. (Westlake, TX), with $8.75M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 October 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Protocol Wealth have?","answer":"Protocol Wealth has 0 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 2 employees are registered representatives 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 Protocol Wealth invest in?","answer":"At the end of its last fiscal year, Protocol Wealth’s separately managed accounts held 70% other, 20% non-exchange-traded equities and 10% exchange-traded equities. The 70% other category is described as: Crypto Currencies.","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 Protocol Wealth?","answer":"Protocol Wealth’s direct owners are Forbidden Fruit Consulting, LLC, Rygiel Holdings LLC and Leupold Capital Management LLC, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 1 October 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Protocol Wealth get paid?","answer":"Protocol Wealth is paid through a percentage of assets under management, hourly charges, subscription fees, fixed fees and performance-based fees. Its Form ADV lists no commissions 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 Protocol Wealth?","answer":"Protocol Wealth’s main office is at 201 Milwaukee Street, Suite 200, Denver, CO 80206. Its phone number is 720-439-9055. Its website is protocolwealth.io.","source":"Form ADV Part 1A, Item 1.F, filed 1 October 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."}