{"url":"https://nivawealth.com/firms/tolley-financial-group-302115","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/302115","regulatoryAum":121857197,"crd":"302115","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5107907","suffix":null,"lastName":"TOLLEY","firstName":"THOMAS","middleName":"JACOB"}],"total":1,"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":"801-136207","legalName":"Tolley Financial Group, LLC","displayName":"Tolley Financial Group","slug":"tolley-financial-group-302115","website":"https://tolleyfinancialgroup.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"North Carolina limited liability company","fiscalYearEnd":"December","headquarters":{"street":"7101 Creedmoor Road, Suite 123","city":"Raleigh","state":"NC","stateName":"North Carolina","country":"United States","postalCode":"27613"},"tradeNames":[],"registration":{"secApproved":"7 May 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":626770.9647058824,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":121857197,"discretionary":121857197,"discretionaryAccounts":448,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":77},"clientTypes":[{"label":"Individuals (other than HNW)","clients":139,"regulatoryAum":53515447},{"label":"High-net-worth individuals","clients":31,"regulatoryAum":53035617},{"label":"Pension and profit-sharing plans","clients":15,"regulatoryAum":9572495},{"label":"Insurance companies","clients":7,"regulatoryAum":5733638}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"marginal","fee_tiers":[{"to":1000000,"pct":1.25,"from":0},{"to":2500000,"pct":1,"from":1000000},{"to":5000000,"pct":0.75,"from":2500000},{"to":10000000,"pct":0.5,"from":5000000},{"to":null,"pct":0.25,"from":10000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054546","versionId":1054546,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-08-11","documentName":"FORM ADV PART 2","fee_rate_low":0.25,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"DST and 1031 Planning","summary":"Planning for DST investments in 1031 exchanges carries a maximum fixed fee of 0.80%, negotiable with each client.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054546","versionId":1054546,"submittedOn":"2026-08-11","documentName":"FORM ADV PART 2"},{"role":"other","program":"Financial Planning Fixed Fee","summary":"Financial planning is offered on a negotiable fixed fee of $1,500 to $4,000, with half due at the start of the work.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054546","versionId":1054546,"submittedOn":"2026-08-11","documentName":"FORM ADV PART 2"},{"role":"other","program":"Retirement Plan Consulting Fee","summary":"401(k) plan investment advisory fee is an annual rate by asset band, from 0.85% up to $1,000,000 down to 0.25% above $20,000,000, negotiable, with a $850 minimum annual fee.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054546","versionId":1054546,"submittedOn":"2026-08-11","documentName":"FORM ADV PART 2"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T16:21:39.269177+00:00","documents":[{"name":"FORM ADV PART 2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054546","versionId":1054546,"submittedOn":"2026-08-11"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":114048034},{"name":"Dunham & Associates Investment Counsel, Inc.","shortName":"Dunham & Associates Investment Counsel","location":"San Diego, CA","smaAssets":7809163}],"custodyNote":"Tolley Financial Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Thomas Tolley","title":"Managing Member and CCO","crd":"5107907"}],"ownership":[{"label":"Thomas Tolley","detail":"Managing member and cco in the 75% or more ownership band and a control person, since April 2019."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"North Carolina","offices":1,"addresses":[{"street":"7101 Creedmoor Road, Suite 123","city":"Raleigh","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"919-747-9698","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":9},{"label":"Securities issued by registered investment companies or business development companies","percent":87},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"11 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/302115/PDF/302115.pdf","brochureDate":"11 August 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054546","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 Tolley Financial Group have?","answer":"Tolley Financial Group has 192 clients and manages $122 million for them, as of August 2026. They include 139 individual clients, 31 high-net-worth individuals, and 15 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 11 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Tolley Financial Group offer?","answer":"Tolley Financial Group 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 Tolley Financial Group charge?","answer":"Tolley Financial Group charges 0.25%–1.25% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.","source":"FORM ADV PART 2, filed 11 August 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Tolley Financial Group use?","answer":"Tolley Financial Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $114M and Dunham & Associates Investment Counsel, Inc. (San Diego, CA), with $7.81M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Tolley Financial Group have?","answer":"Tolley Financial Group has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.","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 Tolley Financial Group invest in?","answer":"At the end of its last fiscal year, Tolley Financial Group’s separately managed accounts held 87% registered funds (mutual funds, ETFs, BDCs), 9% exchange-traded equities and 4% 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 Tolley Financial Group?","answer":"Tolley Financial Group’s direct owner is Thomas Tolley (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 11 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Tolley Financial Group get paid?","answer":"Tolley Financial Group is paid through a percentage of assets under management 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 Tolley Financial Group?","answer":"Tolley Financial Group’s main office is at 7101 Creedmoor Road, Suite 123, Raleigh, NC 27613. Its phone number is 919-747-9698. Its website is tolleyfinancialgroup.com.","source":"Form ADV Part 1A, Item 1.F, filed 11 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."}