Asset manager · Marietta, GA
Nicholas Wealth Management
Nicholas Wealth, LLC · SEC-registered investment adviser · CRD 282635 · SEC 801-122063
At a glance
Nicholas Wealth Management is an SEC-registered investment adviser based in Marietta, Georgia, with $740 million in regulatory assets under management as of its Form ADV filed April 24, 2026. Its largest client group by assets is investment companies, and it reports 1,057 individual clients. By Form ADV it is a asset manager, ranked 1,504th of 3,218 asset managers and 6,369th of 17,210 SEC-registered advisers by assets.
Main office 404-890-5606nicholaswealth.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $740M
- Rank among asset managers
- #1,504 of 3,218
- Rank among all SEC RIAs
- #6,369 of 17,210
- Rank in Georgia
- #121 of 331
- Individual clients
- 1,057
- High-net-worth clients
- 44
- Accounts
- 2,250
- Discretionary
- 100% of AUM
- Employees
- 19
- Advisory staff
- 9
- Offices
- 2
Owners and executives on its Form ADV
- David A. NicholasPresident
- Stacy G. FlemingChief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Nicholas Wealth Management is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed April 2026) names World Equity Group as the broker-dealer its advisers are registered with.
Registration as a Broker/Dealer or Broker/Dealer Representative (RR) As registered representatives of World Equity Group, Inc., David Alexis Nicholas accepts compensation for the sale of securities.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 3 | $442M | 60% |
| Individuals | 1,013 | $210M | 28% |
| High-net-worth individuals | 44 | $84M | 11% |
| Corporations or other businesses | 8 | $3M | <1% |
| Pension and profit sharing plans | 4 | $1M | <1% |
Disciplinary disclosures
Nicholas Wealth Management reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for investment companies
- Selecting other advisers
- Periodicals or newsletters
- Educational seminars and workshops
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗nicholaswealth.com ↗
AtlasMembers
The full record on Nicholas Wealth Management
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 4 years of filings
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- Growth over one, three and five years
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- Rank against 1,011 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Nicholas Wealth Management manage?
Nicholas Wealth Management reports $740 million in regulatory assets under management across 2,250 accounts, 100% of it on a discretionary basis, on its Form ADV filed April 24, 2026.
What kind of firm is Nicholas Wealth Management?
Nicholas Wealth Management is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Nicholas Wealth Management’s clients?
By assets, its largest client types are investment companies ($442 million, 3 clients); individuals ($210 million, 1,013 clients); high-net-worth individuals ($84 million, 44 clients).
Does Nicholas Wealth Management have any disciplinary history?
Nicholas Wealth Management reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Nicholas Wealth Management’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-04-24), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →