PW Advisors provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions. Financial planning was provided to 101–250 clients last fiscal year.
PW Advisors reports 496 clients. They include 261 individual clients, 224 high-net-worth individuals and 11 charitable organizations. Of its assets, 100.0% ($132M across 500 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $132M. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 53% | 19% |
| High-net-worth individuals | 45% | 77% |
| Charitable organizations | 2% | 2% |
| Corporations and other businesses | Fewer than 5 | 1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 261 | $25.7M | 19.5% | $98.3K |
| High-net-worth individuals | 224 | $101M | 76.9% | $453K |
| Charitable organizations | 11 | $2.9M | 2.2% | $264K |
| Corporations and other businesses | Fewer than 5 | $1.85M | 1.4% | — |
| Total | 496 | $132M | 100% | — |
- Clients
- 261
- Regulatory AUM
- $25.7M
- AUM share
- 19.5%
- Avg. per client
- $98.3K
- Clients
- 224
- Regulatory AUM
- $101M
- AUM share
- 76.9%
- Avg. per client
- $453K
- Clients
- 11
- Regulatory AUM
- $2.9M
- AUM share
- 2.2%
- Avg. per client
- $264K
- Clients
- Fewer than 5
- Regulatory AUM
- $1.85M
- AUM share
- 1.4%
- Avg. per client
- —
Total
- Clients
- 496
- Regulatory AUM
- $132M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
PW Advisors charges 0.50%–1.60% a year for its Investment Management Services. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Fixed project fees of up to $500 to $50,000 for financial planning and consulting; negotiable.
- Retirement Plan Advisory Services
- Annual asset-based fee of up to 1.00% of plan assets, billed in advance; may be negotiable.
Nicholas Chason owns 75% or more of PW Advisors. The leadership team of PW Advisors includes Chief Compliance Officer Nicholas Chason. It has 7 employees, 4 of them in advisory roles.
Staff
- 7 employees
- 4 in advisory functions
- 4 state-registered reps
- 3 broker-dealer reps
- 3 insurance agents
- Owns 75% or more of PW Advisors, LLC
Nicholas Chason
Control person · since April 2025
PW Advisors’ regulatory assets grew Infinity× from $0 (July 2025) to $132M (July 2026); employees were 7 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $132M | 496 | 7 | 1 |
| Jul 2025July 2025 | $0 | 0 | 7 | 1 |
Besides its headquarters, PW Advisors has 0 offices, with 1 listed address in 1 state.
Florida · 1 listed address
- 3233 Thomasville Road, TallahasseeHQ
Other business names
PW Advisors has reported 1 other business name to the SEC.
- Proper Wealth
Contact and registration details
- Legal name
- PW Advisors, LLC
- Headquarters
- 3233 Thomasville Road, Tallahassee, FL 32308
- Website
- pwadvisors.com
- Phone
- 850-972-9725
- @properwealth
- SEC file
- 801-132980
- Structure
- Florida LLC
- Fiscal year end
- December
PW Advisors’ named custodian for separately managed accounts is LPL Financial ($132M). PW Advisors does not have custody of client assets.
- LPL FinancialLPL Financial LLC · Fort Mill, SC · $132M100%
At year end, PW Advisors’ separately managed accounts were mostly in funds (97%).
What the accounts hold
- Stocks1%
- Funds97%
- Cash2%
How many clients does PW Advisors have?
PW Advisors has 496 clients and manages $132 million for them, as of July 2026. They include 261 individual clients, 224 high-net-worth individuals and 11 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 July 2026
What services does PW Advisors offer?
PW Advisors provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does PW Advisors charge?
PW Advisors charges 0.50%–1.60% a year for its Investment Management Services. The fee is billed in advance and is negotiable.
Source: PROSPER WEALTH DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENTS, filed 28 July 2026
Which custodians does PW Advisors use?
PW Advisors’ separately managed account assets are held at LPL Financial LLC (Fort Mill, SC), with $132M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 July 2026
How many financial advisors does PW Advisors have?
PW Advisors has 4 investment adviser representatives registered with state securities authorities, out of 7 employees, and 4 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 3 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
What does PW Advisors invest in?
At the end of its last fiscal year, PW Advisors’ separately managed accounts held 97% registered funds (mutual funds, ETFs, BDCs), 2% cash and equivalents and 1% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns PW Advisors?
PW Advisors’ direct owner is Nicholas Chason (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 July 2026
How does PW Advisors get paid?
PW Advisors is paid through a percentage of assets under management 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
How do I contact PW Advisors?
PW Advisors’ main office is at 3233 Thomasville Road, Tallahassee, FL 32308. Its phone number is 850-972-9725. Its website is pwadvisors.com.
