{"url":"https://nivawealth.com/firms/vestwell-advisors-284173","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/284173","regulatoryAum":1026092890,"crd":"284173","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6239205","suffix":null,"lastName":"BUSH","firstName":"ADAM","middleName":"ROSS"},{"crd":"6566294","suffix":null,"lastName":"Eisser","firstName":"Christopher","middleName":"Gordon"},{"crd":"5250595","suffix":null,"lastName":"Harmon","firstName":"Lami","middleName":"M"},{"crd":"6714960","suffix":null,"lastName":"Landow","firstName":"Eli","middleName":"James"},{"crd":"2422057","suffix":null,"lastName":"MILEY","firstName":"STEPHEN","middleName":"PATRICK"},{"crd":"6984520","suffix":null,"lastName":"Naftchi","firstName":"Mazyar","middleName":"Mark"},{"crd":"6387410","suffix":null,"lastName":"Newton","firstName":"Russell","middleName":"William"},{"crd":"4475395","suffix":null,"lastName":"RAFIA","firstName":"KIAN","middleName":null}],"total":8,"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":"2021-03-17","regulatoryAum":142300000,"clients":271,"employees":87,"offices":1},{"filedOn":"2022-05-12","regulatoryAum":179000000,"clients":306,"employees":243,"offices":1},{"filedOn":"2023-05-01","regulatoryAum":179000000,"clients":731,"employees":300,"offices":1},{"filedOn":"2024-05-09","regulatoryAum":279513513,"clients":8044,"employees":386,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":427149041,"clients":7946,"employees":23,"offices":1},{"filedOn":"2026-07-15","regulatoryAum":1026092890,"clients":83310,"employees":30,"offices":1}],"secFileNumber":"801-107981","legalName":"Vestwell Advisors LLC","displayName":"Vestwell Advisors","slug":"vestwell-advisors-284173","website":"https://vestwell.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/284173/9c67a34223c30e7b-r1.webp","tone":"light","width":827,"height":200,"sourceUrl":"https://www.vestwell.com/","sourceLabel":"Vestwell Advisors LLC, website"},"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"retirement_plan_adviser","typeLabel":"Retirement plans","feeDisclosure":"payment_only"},"linkedinUrl":"https://WWW.LINKEDIN.COM/COMPANY/VESTWELL-ADVISORS","xUrl":"https://WWW.TWITTER.COM/VESTWELL","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"360 Madison Avenue, 15th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10017"},"tradeNames":[],"registration":{"secApproved":"15 July 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custody of client assets.","otherCustodians":[],"leadership":[{"name":"Richard Tatum","title":"President, Retirement Services","crd":"7521909"},{"name":"Allison Brecher","title":"Chief Compliance Officer","crd":"6950074"},{"name":"Ryan Anderson","title":"SVP Product","crd":"2715848"},{"name":"Allison Brecher","title":"Chief Legal Officer","crd":"6950074"},{"name":"Scott Duncan","title":"CFO","crd":"8246308"},{"name":"Jonathan Ferrara","title":"SVP Operations","crd":"6952088"},{"name":"Patty Kim","title":"SVP, Head of People","crd":"7719133"},{"name":"Jonathan Mark","title":"SVP, Business Operations","crd":"7521916"},{"name":"Aaron Schumm","title":"CEO","crd":"6512466"},{"name":"David Sheen","title":"CFO","crd":"5942391"}],"ownership":[{"label":"Vestwell Holdings Inc.","detail":"Member in the 75% or more ownership band and a control person, since April 2016."},{"label":"Aaron Schumm","detail":"Indirect owner: a ceo and owner of Vestwell Holdings Inc. in the 25% to 50% band and a control person, since February 2016.","parent":"Vestwell Holdings Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"360 Madison Avenue, 15th Floor","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"917-979-5358","stateRegisteredReps":7,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for individuals and/or small businesses","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Securities issued by registered investment companies or business development companies","percent":100}],"privateFunds":0},"sources":{"adv1FilingDate":"15 July 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They include 81,310 individuals and 2,000 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 15 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Vestwell Advisors offer?","answer":"Vestwell Advisors 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":"Which custodians does Vestwell Advisors use?","answer":"Vestwell Advisors’ separately managed account assets are held at Broadridge Business Process Outsourcing, LLC (Denver, CO), with $179M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Vestwell Advisors have?","answer":"Vestwell Advisors has 7 investment adviser representatives registered with state securities authorities, out of 30 employees, and 30 perform investment advisory functions. 5 employees are registered representatives of a broker-dealer and 0 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 Vestwell Advisors invest in?","answer":"At the end of its last fiscal year, Vestwell Advisors’ separately managed accounts held 100% registered funds (mutual funds, ETFs, BDCs).","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 Vestwell Advisors?","answer":"Vestwell Advisors is owned through a holding company by Aaron Schumm. Its direct owner is Vestwell Holdings Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 15 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Vestwell Advisors get paid?","answer":"Vestwell Advisors 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 Vestwell Advisors?","answer":"Vestwell Advisors’ main office is at 360 Madison Avenue, 15th Floor, New York, NY 10017. Its phone number is 917-979-5358. Its website is vestwell.com.","source":"Form ADV Part 1A, Item 1.F, filed 15 July 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/vestwell-advisors-284173/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2081474/000208147426000013/0002081474-26-000013-index.html","totalValue":417819311,"positionCount":26,"top10Share":0.9596897497157569,"top10":[{"issuer":"iShares Tr","titleOfClass":"iShares Core S&P 500 ETF","cusip":"464287200","value":250789717,"shares":334882,"shareType":"PRN","priorValue":219018583,"priorShares":335295},{"issuer":"Schwab Strategic Tr","titleOfClass":"Schwab US Large-Cap Growth ETF","cusip":"808524300","value":45325783,"shares":1339414,"shareType":"PRN","priorValue":42740164,"priorShares":1467221},{"issuer":"iShares Tr","titleOfClass":"iShares Core S&P Mid-Cap 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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."}