{"url":"https://nivawealth.com/firms/wealthgen-advisors-306196","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/306196","regulatoryAum":146600000,"crd":"306196","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5454850","suffix":null,"lastName":"DOAK","firstName":"JENNIFER","middleName":"L"},{"crd":"6687433","suffix":null,"lastName":"Gittleman","firstName":"Tieler","middleName":null},{"crd":"5495305","suffix":null,"lastName":"HARGREAVES","firstName":"KENNETH","middleName":"JOHN"},{"crd":"7820684","suffix":"III","lastName":"Rayles","firstName":"Richard","middleName":"Allen"}],"total":4,"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":"801-135441","legalName":"Wealthgen Advisors, LLC","displayName":"WealthGen Advisors","slug":"wealthgen-advisors-306196","website":"https://wealthgenadvisor.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/wealthgen-advisors/about/","founded":null,"organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1239 N Gulfstream Ave., Suite 4","city":"Sarasota","state":"FL","stateName":"Florida","country":"United States","postalCode":"34236"},"tradeNames":[],"registration":{"secApproved":"4 March 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1382105.2631578948,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":146600000,"discretionary":136200000,"discretionaryAccounts":398,"nonDiscretionary":10400000,"nonDiscretionaryAccounts":223,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":66,"regulatoryAum":30700000},{"label":"High-net-worth individuals","clients":29,"regulatoryAum":100600000},{"label":"Pooled investment vehicles","clients":2,"regulatoryAum":2600000},{"label":"Pension and profit-sharing plans","clients":3,"regulatoryAum":9700000},{"label":"Corporations and other businesses","clients":6,"regulatoryAum":3000000}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1056470","versionId":1056470,"ratePeriod":"not_stated","fee_billing":"arrears","submittedOn":"2026-08-30","documentName":"ADV 2A - FIRM DISCLOSURE BROCHURE","fee_rate_low":0.65,"fee_rate_high":1.05,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning Services","summary":"Financial plans are billed at $250 an hour or as a flat fee generally from $5,000 to $8,000, with a $5,000 minimum when AUM is under $500,000.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1056470","versionId":1056470,"submittedOn":"2026-08-30","documentName":"ADV 2A - FIRM DISCLOSURE BROCHURE"},{"role":"other","program":"Hourly Consulting Services","summary":"Hourly consulting is billed at $250 an hour.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1056470","versionId":1056470,"submittedOn":"2026-08-30","documentName":"ADV 2A - FIRM DISCLOSURE BROCHURE"},{"role":"other","program":"Retirement Plan Consulting","summary":"Retirement plan consulting is an assets under management fee of generally no more than 1.00%, or a fixed $6,000 annual fee.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1056470","versionId":1056470,"submittedOn":"2026-08-30","documentName":"ADV 2A - FIRM DISCLOSURE BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T16:29:20.99258+00:00","documents":[{"name":"ADV 2A - FIRM DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1056470","versionId":1056470,"submittedOn":"2026-08-30"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":66000000},{"name":"Capital Client Group, Inc.","shortName":"Capital Client Group","location":"Los Angeles, CA","smaAssets":10500000}],"custodyNote":"WealthGen Advisors has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Richard Rayles","title":"Chief Compliance Officer","crd":"7820684"},{"name":"Kenneth Hargreaves","title":"Owner / Managing Member","crd":"5495305"}],"ownership":[{"label":"Kenneth Hargreaves","detail":"Owner / managing member in the 75% or more ownership band and a control person, since October 2019."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":2,"addresses":[{"street":"1239 N Gulfstream Ave., Suite 4","city":"Sarasota","headquarters":true},{"street":"8031 Lakewood Main Street","city":"Lakewood Ranch"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"941-706-4151","stateRegisteredReps":2,"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"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":66},{"label":"U.S. government/agency bonds","percent":4},{"label":"Securities issued by registered investment companies or business development companies","percent":28},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"30 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/306196/PDF/306196.pdf","brochureDate":"30 August 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1056470","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 WealthGen Advisors have?","answer":"WealthGen Advisors has 106 clients and manages $147 million for them, as of August 2026. They include 66 individual clients, 29 high-net-worth individuals, and 6 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does WealthGen Advisors offer?","answer":"WealthGen Advisors 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 WealthGen Advisors charge?","answer":"WealthGen Advisors charges 0.65%–1.05% for its Investment Management Services. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable.","source":"ADV 2A - FIRM DISCLOSURE BROCHURE, filed 30 August 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does WealthGen Advisors use?","answer":"WealthGen Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $66M and Capital Client Group, Inc. (Los Angeles, CA), with $10.5M. 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 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does WealthGen Advisors have?","answer":"WealthGen Advisors has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 WealthGen Advisors invest in?","answer":"At the end of its last fiscal year, WealthGen Advisors’ separately managed accounts held 66% exchange-traded equities, 28% registered funds (mutual funds, ETFs, BDCs), 4% U.S. government and agency bonds and 2% 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 WealthGen Advisors?","answer":"WealthGen Advisors’ direct owner is Kenneth Hargreaves (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does WealthGen Advisors get paid?","answer":"WealthGen Advisors 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":"How do I contact WealthGen Advisors?","answer":"WealthGen Advisors’ main office is at 1239 N Gulfstream Ave., Suite 4, Sarasota, FL 34236. Its phone number is 941-706-4151. Its website is wealthgenadvisor.com.","source":"Form ADV Part 1A, Item 1.F, filed 30 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."}