{"url":"https://nivawealth.com/firms/team-hays-324992","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/324992","regulatoryAum":156000000,"crd":"324992","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4609890","suffix":null,"lastName":"HAYS","firstName":"JOEL","middleName":"TERRELL"},{"crd":"8183714","suffix":null,"lastName":"HAYS","firstName":"REED","middleName":"LYNN"},{"crd":"6313329","suffix":null,"lastName":"MITCHELL","firstName":"DARRELL","middleName":"MARTIN"}],"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":"2023-07-24","regulatoryAum":105201088,"clients":193,"employees":4,"offices":1},{"filedOn":"2024-05-15","regulatoryAum":102789950,"clients":532,"employees":5,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":144000000,"clients":113,"employees":5,"offices":1},{"filedOn":"2026-04-06","regulatoryAum":156000000,"clients":137,"employees":6,"offices":1}],"secFileNumber":"801-127517","legalName":"Team Hays Inc.","displayName":"Team Hays","slug":"team-hays-324992","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Texas corporation","fiscalYearEnd":"December","headquarters":{"street":"1204 Bent Oaks CT., Ste. 120","city":"Denton","state":"TX","stateName":"Texas","country":"United States","postalCode":"76210"},"tradeNames":["DFS Advisory"],"registration":{"secApproved":"24 March 2023","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1107142.857142857,"staff":{"employees":6,"advisory":3,"brokerDealerReps":0,"insuranceAgents":5,"promoters":0},"aum":{"regulatory":156000000,"discretionary":124000000,"discretionaryAccounts":126,"nonDiscretionary":32000000,"nonDiscretionaryAccounts":25,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":5},"clientTypes":[{"label":"Individuals (other than HNW)","clients":81,"regulatoryAum":12000000},{"label":"High-net-worth individuals","clients":31,"regulatoryAum":112000000},{"label":"Pension and profit-sharing plans","clients":25,"regulatoryAum":32000000}],"feePrograms":[{"role":"other","program":"Financial Planning Services","summary":"Project-based planning is billed hourly at up to $300 per hour or as a fixed fee; ongoing planning is a fixed monthly fee; fees may be negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1040497","versionId":1040497,"submittedOn":"2026-04-06","documentName":"DFS ADVISORY DISCLOSURE BROCHURE"},{"role":"other","program":"Retirement Plan Advisory Services","summary":"Annual asset-based fee of 0.25% to 1.00% of plan assets, depending on plan size and scope of services; may be negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1040497","versionId":1040497,"submittedOn":"2026-04-06","documentName":"DFS ADVISORY DISCLOSURE BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T17:25:33.085694+00:00","documents":[{"name":"DFS ADVISORY DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1040497","versionId":1040497,"submittedOn":"2026-04-06"}]},"custodians":[{"name":"Assetmark Brokerage, LLC","shortName":"Assetmark Brokerage","location":"Concord, CA","smaAssets":30581857},{"name":"MTG, LLC","shortName":"MTG","location":"New York, NY","smaAssets":45000000},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":17000000}],"custodyNote":"Team Hays has custody of $50M in client assets for 30 clients.","leadership":[{"name":"Joel Hays","title":"President and Chief Compliance Officer","crd":"4609890"}],"ownership":[{"label":"Joel Hays","detail":"President and chief compliance officer in the 75% or more ownership band and a control person, since February 2023."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Texas","offices":1,"addresses":[{"street":"1204 Bent Oaks CT., Ste. 120","city":"Denton","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"940-297-1474","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","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":55},{"label":"U.S. government/agency bonds","percent":5},{"label":"U.S. state and local bonds","percent":5},{"label":"Investment grade corporate bonds","percent":15},{"label":"Non-investment grade corporate bonds","percent":10},{"label":"Securities issued by registered investment companies or business development companies","percent":5},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"6 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/324992/PDF/324992.pdf","brochureDate":"6 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1040497","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 Team Hays have?","answer":"Team Hays has 137 clients and manages $156 million for them, as of April 2026. They include 81 individual clients, 31 high-net-worth individuals, and 25 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 6 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Team Hays offer?","answer":"Team Hays provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Team Hays use?","answer":"Team Hays’ separately managed account assets are held at MTG, LLC (New York, NY), with $45M, Assetmark Brokerage, LLC (Concord, CA), with $30.6M and Charles Schwab & Co., Inc. (Westlake, TX), with $17M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Team Hays have?","answer":"Team Hays has 3 investment adviser representatives registered with state securities authorities, out of 6 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 5 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 Team Hays invest in?","answer":"At the end of its last fiscal year, Team Hays’ separately managed accounts held 55% exchange-traded equities, 15% investment grade corporate bonds, 10% high-yield corporate bonds, 5% U.S. government and agency bonds, 5% state and local bonds, 5% registered funds (mutual funds, ETFs, BDCs) and 5% cash and equivalents.","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 Team Hays?","answer":"Team Hays’ direct owner is Joel Hays (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 6 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Team Hays get paid?","answer":"Team Hays 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":"Is Team Hays registered with the SEC?","answer":"Yes, Team Hays has been registered with the SEC as an investment adviser since 24 March 2023. Its CRD number is 324992 and its SEC file number is 801-127517.","source":"Form ADV Part 1A, Item 1, filed 6 April 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Team Hays?","answer":"Team Hays’ main office is at 1204 Bent Oaks CT., Ste. 120, Denton, TX 76210. Its phone number is 940-297-1474.","source":"Form ADV Part 1A, Item 1.F, filed 6 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."}