{"url":"https://nivawealth.com/firms/s-capital-wealth-advisors-172591","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/172591","regulatoryAum":127466765,"crd":"172591","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6609854","suffix":null,"lastName":"Heflin","firstName":"James","middleName":"Michael"},{"crd":"6688282","suffix":null,"lastName":"Heflin","firstName":"Michael","middleName":"Andrew"},{"crd":"2012770","suffix":null,"lastName":"SCHNEEWEIS","firstName":"ROBERT","middleName":"EUGENE"}],"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":"2024-07-08","regulatoryAum":113408123,"clients":122,"employees":7,"offices":3},{"filedOn":"2025-07-24","regulatoryAum":116756848,"clients":95,"employees":7,"offices":4},{"filedOn":"2026-08-05","regulatoryAum":127466765,"clients":100,"employees":7,"offices":4}],"secFileNumber":"801-128782","legalName":"S Capital Wealth Advisors, LLC","displayName":"S Capital Wealth Advisors","slug":"s-capital-wealth-advisors-172591","website":"https://yeswealth.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/yes-wealth-management/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"86 Mahtomedi Avenue","city":"Mahtomedi","state":"MN","stateName":"Minnesota","country":"United States","postalCode":"55115"},"tradeNames":[],"registration":{"secApproved":"21 September 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July 2014."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":3},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Minnesota","offices":1,"addresses":[{"street":"86 Mahtomedi Avenue","city":"Mahtomedi","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"651-426-5854","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":18},{"label":"Securities issued by registered investment companies or business development companies","percent":77},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":1},{"label":"Cash and cash equivalents","percent":3},{"label":"Other","percent":1,"detail":"Variable Annuities"}],"privateFunds":0},"sources":{"adv1FilingDate":"5 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/172591/PDF/172591.pdf","brochureDate":"5 August 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054011","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 S Capital Wealth Advisors have?","answer":"S Capital Wealth Advisors has 100 clients and manages $127 million for them, as of August 2026. They include 64 individual clients and 36 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 5 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does S Capital Wealth Advisors offer?","answer":"S Capital Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting.","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 S Capital Wealth Advisors charge?","answer":"S Capital Wealth Advisors charges 0.50%–1.00% a year for its Investment Management Services. The fee is billed in advance and is negotiable.","source":"YES WEALTH MANAGEMENT DISCLOSURE BROCHURE, BROCHURE SUPPLEMENTS, AND PRIVACY POLICY, filed 5 August 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does S Capital Wealth Advisors use?","answer":"S Capital Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $121M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does S Capital Wealth Advisors have?","answer":"S Capital Wealth Advisors has 3 investment adviser representatives registered with state securities authorities, out of 7 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 S Capital Wealth Advisors invest in?","answer":"At the end of its last fiscal year, S Capital Wealth Advisors’ separately managed accounts held 77% registered funds (mutual funds, ETFs, BDCs), 18% exchange-traded equities, 3% cash and equivalents, 1% pooled vehicles (private funds and similar) and 1% other. The 1% other category is described as: Variable Annuities.","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 S Capital Wealth Advisors?","answer":"S Capital Wealth Advisors’ direct owners are Robert Schneeweis (75% or more) and Thomas Schneeweis (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 5 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does S Capital Wealth Advisors get paid?","answer":"S Capital Wealth Advisors 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 S Capital Wealth Advisors?","answer":"S Capital Wealth Advisors’ main office is at 86 Mahtomedi Avenue, Mahtomedi, MN 55115. Its phone number is 651-426-5854. Its website is yeswealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 5 August 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."}