{"url":"https://nivawealth.com/firms/q2-wealth-management-314932","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/314932","regulatoryAum":123491576,"crd":"314932","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6490814","suffix":null,"lastName":"BACKERS","firstName":"RAYMOND","middleName":"MARTIN"},{"crd":"7998709","suffix":null,"lastName":"Combs","firstName":"Aaron","middleName":"Blake"},{"crd":"7382108","suffix":null,"lastName":"Ziemann","firstName":"Jeffrey","middleName":"David"}],"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"},"secFileNumber":"801-134286","legalName":"Q2 Wealth Management LLC","displayName":"Q2 Wealth Management","slug":"q2-wealth-management-314932","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth 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individuals","clients":36,"regulatoryAum":79729332},{"label":"Corporations and other businesses","clients":1,"regulatoryAum":51121}],"feePrograms":[{"role":"main","program":"Investment Management Fee","feeBasis":"whole_balance","fee_tiers":[{"to":250000,"pct":1.35,"from":0},{"to":1000000,"pct":1.3,"from":250000},{"to":2000000,"pct":1.25,"from":1000000},{"to":3000000,"pct":1.2,"from":2000000},{"to":4000000,"pct":1.1,"from":3000000},{"to":5000000,"pct":1,"from":4000000},{"to":10000000,"pct":0.9,"from":5000000},{"to":15000000,"pct":0.8,"from":10000000},{"to":20000000,"pct":0.7,"from":15000000},{"to":30000000,"pct":0.6,"from":20000000},{"to":null,"pct":0.5,"from":30000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053597","versionId":1053597,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-07-31","documentName":"FIRM BROCHURE","fee_rate_low":0.5,"fee_rate_high":1.35,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Educational Classes","summary":"Educational classes are offered free of charge or for a fee of up to $100 per student, payable in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053597","versionId":1053597,"submittedOn":"2026-07-31","documentName":"FIRM BROCHURE"},{"role":"other","program":"Financial Planning","summary":"Financial planning is a fixed fee, typically $2,000 for a single planning area and $1,000 per area to update an existing plan, quoted in writing before engagement.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053597","versionId":1053597,"submittedOn":"2026-07-31","documentName":"FIRM BROCHURE"},{"role":"other","program":"Hourly Consulting","summary":"Consulting services are billed hourly at $100 to $500 an hour depending on complexity and the professional, with a written estimate of hours.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053597","versionId":1053597,"submittedOn":"2026-07-31","documentName":"FIRM BROCHURE"},{"role":"other","program":"Plan Monitoring","summary":"Plan monitoring for engagements other than active investment management clients is typically $100 a month per planning area, billed in arrears.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053597","versionId":1053597,"submittedOn":"2026-07-31","documentName":"FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T16:59:32.326965+00:00","documents":[{"name":"FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053597","versionId":1053597,"submittedOn":"2026-07-31"}]},"custodians":[{"name":"Nationwide Life and Annuity Insurance Company","shortName":"Nationwide Life and Annuity Insurance","location":"Columbus, OH","smaAssets":6525908},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"El Paso, TX","smaAssets":113840721},{"name":"Tiaa-Cref Individual & Institutional Services, LLC","shortName":"Tiaa-Cref Individual & Institutional Services","location":"New York, NY","smaAssets":2296348},{"name":"The Lincoln National Life Insurance Company","shortName":"The Lincoln National Life Insurance","location":"Fort Wayne, IN","smaAssets":677644},{"name":"American Century Investment Services, Inc.","shortName":"American Century Investment Services","location":"Kansas City, MO","smaAssets":150955}],"custodyNote":"Q2 Wealth Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Raymond Backers","title":"Direct Owner and CCO","crd":"6490814"}],"ownership":[{"label":"Raymond Backers","detail":"Direct owner and cco in the 75% or more ownership band and a control person, since April 2021. Also a managing member of Q2 Wealth Insurance LLC in the 75% or more band, since July 2026."},{"label":"Q2 Wealth Insurance LLC","detail":"Direct owner in the 10% to 25% ownership band, since July 2026."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Kentucky","offices":1,"addresses":[{"street":"1792 Alysheba Way, Suite 150","city":"Lexington","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"859-216-2169","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription 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":74},{"label":"Securities issued by registered investment companies or business development companies","percent":22},{"label":"Cash and cash equivalents","percent":3},{"label":"Other","percent":1,"detail":"Fixed Indexed Annuity"}],"privateFunds":0},"sources":{"adv1FilingDate":"31 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/314932/PDF/314932.pdf","brochureDate":"31 July 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053597","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 Q2 Wealth Management have?","answer":"Q2 Wealth Management has 152 clients and manages $123 million for them, as of July 2026. They include 115 individual clients, 36 high-net-worth individuals and 1 corporate or other business client.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Q2 Wealth Management offer?","answer":"Q2 Wealth Management 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":"How much does Q2 Wealth Management charge?","answer":"Q2 Wealth Management charges 0.50%–1.35% a year for its Investment Management Fee. The whole portfolio is charged at the rate of its band. The fee is billed in arrears and is negotiable.","source":"FIRM BROCHURE, filed 31 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Q2 Wealth Management use?","answer":"Q2 Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (El Paso, TX), with $114M, Nationwide Life and Annuity Insurance Company (Columbus, OH), with $6.53M, Tiaa-Cref Individual & Institutional Services, LLC (New York, NY), with $2.3M, The Lincoln National Life Insurance Company (Fort Wayne, IN), with $678K and American Century Investment Services, Inc. (Kansas City, MO), with $151K. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Q2 Wealth Management have?","answer":"Q2 Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 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 Q2 Wealth Management invest in?","answer":"At the end of its last fiscal year, Q2 Wealth Management’s separately managed accounts held 74% exchange-traded equities, 22% registered funds (mutual funds, ETFs, BDCs), 3% cash and equivalents and 1% other. The 1% other category is described as: Fixed Indexed Annuity.","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 Q2 Wealth Management?","answer":"Q2 Wealth Management’s direct owners are Raymond Backers (75% or more) and Q2 Wealth Insurance LLC (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 31 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Q2 Wealth Management get paid?","answer":"Q2 Wealth Management is paid through a percentage of assets under management, hourly charges 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Q2 Wealth Management?","answer":"Q2 Wealth Management’s main office is at 1792 Alysheba Way, Suite 150, Lexington, KY 40509. Its phone number is 859-216-2169.","source":"Form ADV Part 1A, Item 1.F, filed 31 July 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."}