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negotiable and paid in arrears.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1040597","versionId":1040597,"submittedOn":"2026-04-07","documentName":"ADV PART 2A"},{"role":"other","program":"Participant Account Management (Discretionary)","summary":"Discretionary management of 401(k), HSA and other accounts WMSG does not custody; fees billed monthly in advance on the prior month-end balance, rate not stated in the brochure.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1040597","versionId":1040597,"submittedOn":"2026-04-07","documentName":"ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:32:40.14248+00:00","documents":[{"name":"ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1040597","versionId":1040597,"submittedOn":"2026-04-07"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":125258865}],"custodyNote":"WMS Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"William Stewart","title":"Managing Member/Chief Compliance Officer","crd":"2231632"}],"ownership":[{"label":"William Stewart","detail":"Managing member/chief compliance officer in the 75% or more ownership band and a control person, since May 2012."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"985-809-0530","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":38},{"label":"Securities issued by registered investment companies or business development companies","percent":49},{"label":"Cash and cash equivalents","percent":12},{"label":"Other","percent":1,"detail":"Preferred Stock, Structured Notes"}],"privateFunds":0},"sources":{"adv1FilingDate":"7 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/164327/PDF/164327.pdf","brochureDate":"7 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1040597","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 WMS Group have?","answer":"WMS Group has 252 clients and manages $125 million for them, as of April 2026. They include 234 individual clients and 18 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 7 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does WMS Group offer?","answer":"WMS Group provides financial planning, portfolio management for individuals and small businesses, 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":"How much does WMS Group charge?","answer":"WMS Group charges 0.60%–1.50% a year for its Investment Supervisory Services. The fee is negotiable.","source":"ADV PART 2A, filed 7 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does WMS Group use?","answer":"WMS Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $125M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does WMS Group have?","answer":"WMS Group 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 2 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 WMS Group invest in?","answer":"At the end of its last fiscal year, WMS Group’s separately managed accounts held 49% registered funds (mutual funds, ETFs, BDCs), 38% exchange-traded equities, 12% cash and equivalents and 1% other. The 1% other category is described as: Preferred Stock, Structured Notes.","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 WMS Group?","answer":"WMS Group’s direct owner is William Stewart (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 7 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does WMS Group get paid?","answer":"WMS Group is paid through a percentage of assets under management and hourly charges. 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 WMS Group?","answer":"Its phone number is 985-809-0530. 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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."}