{"url":"https://nivawealth.com/firms/simplified-wealth-management-297059","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/297059","regulatoryAum":225538099,"crd":"297059","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"8163607","suffix":null,"lastName":"ABOUZAID","firstName":"AHMED","middleName":"KAMAL"},{"crd":"4492120","suffix":"II","lastName":"CARPENTER","firstName":"JAMES","middleName":"RAY"},{"crd":"2191409","suffix":null,"lastName":"CREEL","firstName":"MARK","middleName":"DOUGLAS"},{"crd":"7132872","suffix":"III","lastName":"Garraway","firstName":"James","middleName":"Floyd"},{"crd":"5533934","suffix":null,"lastName":"MCCORMICK","firstName":"KEVIN","middleName":"ANDREW"},{"crd":"8182327","suffix":null,"lastName":"PLUNKET","firstName":"KALI","middleName":"NEVAEH"},{"crd":"6244408","suffix":null,"lastName":"RICKS","firstName":"THOMAS","middleName":"ANDREW"}],"total":7,"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":"2022-03-21","regulatoryAum":115038836,"clients":745,"employees":8,"offices":2},{"filedOn":"2023-07-18","regulatoryAum":121023916,"clients":827,"employees":6,"offices":1},{"filedOn":"2024-02-22","regulatoryAum":156403792,"clients":626,"employees":7,"offices":1},{"filedOn":"2025-01-23","regulatoryAum":179488997,"clients":681,"employees":7,"offices":1},{"filedOn":"2026-02-16","regulatoryAum":225538099,"clients":712,"employees":9,"offices":1}],"secFileNumber":"801-123772","legalName":"Simplified 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clients.","otherCustodians":[],"leadership":[{"name":"Kevin McCormick","title":"Managing Principal / CCO","crd":"5533934"}],"ownership":[{"label":"Kevin McCormick","detail":"Managing principal / cco in the 75% or more ownership band and a control person, since June 2018."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Mississippi","offices":1,"addresses":[{"street":"14 Orleans Drive","city":"Hattiesburg","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"601-336-4265","stateRegisteredReps":7,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":13},{"label":"Non-exchange-traded equity 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have?","answer":"Simplified Wealth Management has 712 clients and manages $226 million for them, as of February 2026. They include 616 individual clients, 91 high-net-worth individuals, and 5 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 16 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Simplified Wealth Management offer?","answer":"Simplified Wealth Management provides portfolio management for individuals and small businesses.","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 Simplified Wealth Management charge?","answer":"Simplified Wealth Management charges 0.50%–2.00% a year for its Asset Management. The fee is billed in advance and is negotiable.","source":"SWM ADV PART 2A, filed 16 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Simplified Wealth Management use?","answer":"Simplified Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $221M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Simplified Wealth Management have?","answer":"Simplified Wealth Management has 7 investment adviser representatives registered with state securities authorities, out of 9 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 7 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 Simplified Wealth Management invest in?","answer":"At the end of its last fiscal year, Simplified Wealth Management’s separately managed accounts held 76% registered funds (mutual funds, ETFs, BDCs), 13% exchange-traded equities, 4% investment grade corporate bonds, 3% U.S. government and agency bonds, 2% state and local bonds, 1% non-exchange-traded equities and 1% pooled vehicles (private funds and similar).","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 Simplified Wealth Management?","answer":"Simplified Wealth Management’s direct owner is Kevin McCormick (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 16 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Simplified Wealth Management get paid?","answer":"Simplified Wealth Management 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 Simplified Wealth Management?","answer":"Simplified Wealth Management’s main office is at 14 Orleans Drive, Hattiesburg, MS 39402. Its phone number is 601-336-4265. Its website is mysimplifiedwealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 16 February 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."}