{"url":"https://nivawealth.com/firms/review-services-110277","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/110277","regulatoryAum":227354914,"crd":"110277","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1382962","suffix":null,"lastName":"KIEFER","firstName":"PATRICIA","middleName":"ANNE"},{"crd":"1491417","suffix":null,"lastName":"KONICKE","firstName":"TIM","middleName":"ALLEN"},{"crd":"4578157","suffix":null,"lastName":"TICALI","firstName":"CARRIE","middleName":"ANN"}],"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":"2021-05-14","regulatoryAum":157131027,"clients":178,"employees":3,"offices":1},{"filedOn":"2022-05-26","regulatoryAum":172058559,"clients":182,"employees":3,"offices":1},{"filedOn":"2023-05-11","regulatoryAum":159319424,"clients":179,"employees":3,"offices":1},{"filedOn":"2024-05-15","regulatoryAum":176735267,"clients":174,"employees":3,"offices":1},{"filedOn":"2025-05-06","regulatoryAum":189210196,"clients":171,"employees":3,"offices":1},{"filedOn":"2026-04-24","regulatoryAum":227354914,"clients":173,"employees":3,"offices":1}],"secFileNumber":"801-39487","legalName":"Review Services Inc","displayName":"Review Services","slug":"review-services-110277","website":"https://reviewservicesinc.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/review-services-inc.","founded":"1991","organization":"Wisconsin corporation","fiscalYearEnd":"March","headquarters":{"street":"13255 West Bluemound Road, Suite 205","city":"Brookfield","state":"WI","stateName":"Wisconsin","country":"United States","postalCode":"53005"},"tradeNames":[],"registration":{"secApproved":"15 July 1991","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1314190.25433526,"staff":{"employees":3,"advisory":3,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":227354914,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":227354914,"nonDiscretionaryAccounts":768,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":79,"regulatoryAum":44473897},{"label":"High-net-worth individuals","clients":94,"regulatoryAum":182881017}],"feePrograms":[{"role":"main","program":"Asset Management Services","feeBasis":"marginal","fee_tiers":[{"to":1000000,"pct":1,"from":0},{"to":2000000,"pct":0.75,"from":1000000},{"to":null,"pct":0.5,"from":2000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042738","versionId":1042738,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-04-24","documentName":"FORM ADV PART 2 AND 2B 042426","fee_rate_low":0.5,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":4000},{"role":"other","program":"Annual financial planning fee","summary":"An annual fee of $500 covers financial planning reviews, tax planning meetings and other issues during the year.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042738","versionId":1042738,"submittedOn":"2026-04-24","documentName":"FORM ADV PART 2 AND 2B 042426"},{"role":"other","program":"Consulting services","summary":"Quoted as a flat fee per engagement, or billed hourly at $100 to $300 per hour, with a negotiated down payment.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042738","versionId":1042738,"submittedOn":"2026-04-24","documentName":"FORM ADV PART 2 AND 2B 042426"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T12:06:00.136709+00:00","documents":[{"name":"FORM ADV PART 2 AND 2B 042426","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042738","versionId":1042738,"submittedOn":"2026-04-24"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":207467680}],"custodyNote":"Review Services has custody of $37.7M for 85 clients.","otherCustodians":[],"leadership":[{"name":"Patricia Kiefer","title":"Vice President, Secretary, Treasurer","crd":"1382962"},{"name":"Tim Konicke","title":"President and Chief Compliance Officer","crd":"1491417"}],"ownership":[{"label":"Patricia Kiefer","detail":"Vice president, secretary, treasurer in the 50% to 75% ownership band and a control person, since April 1987."},{"label":"Tim Konicke","detail":"President and chief compliance officer in the 50% to 75% ownership band and a control person, since April 1987."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Wisconsin","offices":1,"addresses":[{"street":"13255 West Bluemound Road, Suite 205","city":"Brookfield","headquarters":true}]}],"brochureServices":["estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"262-784-9690","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"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":6},{"label":"Securities issued by registered investment companies or business development companies","percent":85},{"label":"Cash and cash equivalents","percent":7},{"label":"Other","percent":2,"detail":"Fixed & Variable Annuities, Life Insurance"}],"privateFunds":0},"sources":{"adv1FilingDate":"24 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/110277/PDF/110277.pdf","brochureDate":"24 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1042738","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 Review Services have?","answer":"Review Services has 173 clients and manages $227 million for them, as of April 2026. They include 94 high-net-worth individuals and 79 individual clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 24 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Review Services offer?","answer":"Review Services provides financial planning, portfolio management for individuals and small businesses, estate planning, insurance, and tax planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Review Services charge?","answer":"Review Services charges 0.50%–1.00% a year for its Asset Management Services. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and has a $4,000 annual minimum.","source":"FORM ADV PART 2 AND 2B 042426, filed 24 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Review Services use?","answer":"Review Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $207M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Review Services have?","answer":"Review Services 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 Review Services invest in?","answer":"At the end of its last fiscal year, Review Services’ separately managed accounts held 85% registered funds (mutual funds, ETFs, BDCs), 7% cash and equivalents, 6% exchange-traded equities and 2% other. The 2% other category is described as: Fixed & Variable Annuities, Life Insurance.","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 Review Services?","answer":"Review Services’ direct owners are Patricia Kiefer (50% to 75%) and Tim Konicke (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 24 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Review Services get paid?","answer":"Review Services 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 Review Services?","answer":"Review Services’ main office is at 13255 West Bluemound Road, Suite 205, Brookfield, WI 53005. Its phone number is 262-784-9690. Its website is reviewservicesinc.com.","source":"Form ADV Part 1A, Item 1.F, filed 24 April 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."}