{"url":"https://nivawealth.com/firms/walker-financial-advisors-inc-dba-california-457-benefits-106268","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/106268","regulatoryAum":233284348,"crd":"106268","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2521124","suffix":null,"lastName":"ISENBERG","firstName":"WARREN","middleName":"BOYD"},{"crd":"7500533","suffix":null,"lastName":"Walker","firstName":"Nicholas","middleName":"Alan"},{"crd":"1362980","suffix":null,"lastName":"WALKER","firstName":"SCOTT","middleName":"DOUGLAS"}],"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":"2021-03-29","regulatoryAum":167701228,"clients":157,"employees":3,"offices":1},{"filedOn":"2022-03-29","regulatoryAum":196973041,"clients":163,"employees":4,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":171639284,"clients":155,"employees":4,"offices":1},{"filedOn":"2024-03-25","regulatoryAum":190258725,"clients":165,"employees":4,"offices":1},{"filedOn":"2025-06-30","regulatoryAum":216044685,"clients":154,"employees":4,"offices":1},{"filedOn":"2026-03-30","regulatoryAum":233284348,"clients":178,"employees":4,"offices":1}],"secFileNumber":"801-113658","legalName":"Walker Financial Advisors, Inc. Dba California 457 Benefits","displayName":"Walker Financial Advisors, Inc. Dba California 457 Benefits","slug":"walker-financial-advisors-inc-dba-california-457-benefits-106268","website":"https://walkerfinancial.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"1986","organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"27201 Puerta Real, Suite 465","city":"Mission Viejo","state":"CA","stateName":"California","country":"United States","postalCode":"92691"},"tradeNames":["Walker Financial Advisors, Inc."],"registration":{"secApproved":"24 July 2018","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1129499.9719101123,"staff":{"employees":4,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":233284348,"discretionary":201050995,"discretionaryAccounts":347,"nonDiscretionary":32233353,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":5},"clientTypes":[{"label":"Individuals (other than HNW)","clients":121,"regulatoryAum":46804056},{"label":"High-net-worth individuals","clients":57,"regulatoryAum":154246939},{"label":"State or municipal government entities","clients":null,"fewerThan5":true,"regulatoryAum":32233353}],"feePrograms":[{"role":"main","program":"Client investment management","feeBasis":"marginal","fee_tiers":[{"to":1000000,"pct":1,"from":0},{"to":5000000,"pct":0.75,"from":1000000},{"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=1032686","versionId":1032686,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-30","documentName":"FORM ADV PART 2A & 2B","fee_rate_low":0.25,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":500000,"feeMinimumPeriod":"quarterly","fee_minimum_annual":5000},{"role":"other","program":"Flat-fee financial planning","summary":"Flat fees for financial planning vary with complexity: specialty plans range from $1,000 to $5,000 and comprehensive financial plans from $5,000 to $10,000.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032686","versionId":1032686,"submittedOn":"2026-03-30","documentName":"FORM ADV PART 2A & 2B"},{"role":"other","program":"Hourly consulting","summary":"Hourly consulting fees are $250 per hour for Nick Walker, $350 per hour for Warren Isenberg and $450 per hour for Scott Walker.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032686","versionId":1032686,"submittedOn":"2026-03-30","documentName":"FORM ADV PART 2A & 2B"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T11:51:09.377658+00:00","documents":[{"name":"FORM ADV PART 2A & 2B","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032686","versionId":1032686,"submittedOn":"2026-03-30"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":186893425}],"custodyNote":"Walker Financial Advisors, Inc. Dba California 457 Benefits does not have custody of client assets.","leadership":[{"name":"Warren Isenberg","title":"President & CCO","crd":"2521124"},{"name":"Scott Walker","title":"Chairman & CEO","crd":"1362980"}],"ownership":[{"label":"Walker Family Trust Dated 08/14/1996","detail":"Revocable living trust in the 75% or more ownership band and a control person, since August 1996."},{"label":"Scott Walker","detail":"Indirect owner: a trustee of Walker Family Trust Dated 08/14/1996 in the 75% or more band and a control person, since August 1996.","parent":"Walker Family Trust Dated 08/14/1996"}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"27201 Puerta Real, Suite 465","city":"Mission Viejo","headquarters":true}]}],"brochureServices":["estate planning","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"949-367-1961","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","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Publication of periodicals or newsletters"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":40},{"label":"U.S. government/agency bonds","percent":33},{"label":"U.S. state and local bonds","percent":6},{"label":"Securities issued by registered investment companies or business development companies","percent":17},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/106268/PDF/106268.pdf","brochureDate":"30 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032686","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 Walker Financial Advisors, Inc. Dba California 457 Benefits have?","answer":"Walker Financial Advisors, Inc. Dba California 457 Benefits has 178 clients and manages $233 million for them, as of March 2026. They include 121 individual clients and 57 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Walker Financial Advisors, Inc. Dba California 457 Benefits offer?","answer":"Walker Financial Advisors, Inc. Dba California 457 Benefits provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, publishing newsletters, estate planning, and tax planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Walker Financial Advisors, Inc. Dba California 457 Benefits charge?","answer":"Walker Financial Advisors, Inc. Dba California 457 Benefits charges 0.25%–1.00% a year for its Client investment management. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable, has a $5,000 annual minimum and requires an account of at least $500,000.","source":"FORM ADV PART 2A & 2B, filed 30 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Walker Financial Advisors, Inc. Dba California 457 Benefits use?","answer":"Walker Financial Advisors, Inc. Dba California 457 Benefits’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $187M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Walker Financial Advisors, Inc. Dba California 457 Benefits have?","answer":"Walker Financial Advisors, Inc. Dba California 457 Benefits has 3 investment adviser representatives registered with state securities authorities, out of 4 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 Walker Financial Advisors, Inc. Dba California 457 Benefits invest in?","answer":"At the end of its last fiscal year, Walker Financial Advisors, Inc. Dba California 457 Benefits’ separately managed accounts held 40% exchange-traded equities, 33% U.S. government and agency bonds, 17% registered funds (mutual funds, ETFs, BDCs), 6% state and local bonds 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":"Does Walker Financial Advisors, Inc. Dba California 457 Benefits have a minimum investment?","answer":"Yes, Walker Financial Advisors, Inc. Dba California 457 Benefits’ minimum account size for its Client investment management is $500K. It charges a $5K annual minimum fee.","source":"FORM ADV PART 2A & 2B, filed 30 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Walker Financial Advisors, Inc. Dba California 457 Benefits?","answer":"Walker Financial Advisors, Inc. Dba California 457 Benefits is owned through a trust by Scott Walker. Its direct owner is Walker Family Trust Dated 08/14/1996 (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Walker Financial Advisors, Inc. Dba California 457 Benefits get paid?","answer":"Walker Financial Advisors, Inc. Dba California 457 Benefits 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 Walker Financial Advisors, Inc. Dba California 457 Benefits registered with the SEC?","answer":"Yes, Walker Financial Advisors, Inc. Dba California 457 Benefits has been registered with the SEC as an investment adviser since 24 July 2018. Its CRD number is 106268 and its SEC file number is 801-113658.","source":"Form ADV Part 1A, Item 1, filed 30 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Walker Financial Advisors, Inc. Dba California 457 Benefits?","answer":"Walker Financial Advisors, Inc. Dba California 457 Benefits’ main office is at 27201 Puerta Real, Suite 465, Mission Viejo, CA 92691. Its phone number is 949-367-1961. Its website is walkerfinancial.com.","source":"Form ADV Part 1A, Item 1.F, filed 30 March 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."}