Wealth manager, independent · Vancouver, Canada
Nicola Wealth Management LTD.
SEC-registered investment adviser · CRD 173201 · SEC 801-119288
At a glance
Nicola Wealth Management LTD. is an SEC-registered investment adviser based in Vancouver, Canada, with $11.0 billion in regulatory assets under management as of its Form ADV filed September 9, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 5,947 individual clients. By Form ADV it is a wealth manager, ranked 153rd of 8,915 wealth managers and 1,285th of 17,210 SEC-registered advisers by assets.
Main office 604-739-6450nicolawealth.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $11B
- Rank among wealth managers
- #153 of 8,915
- Rank among all SEC RIAs
- #1,285 of 17,210
- Individual clients
- 5,947
- High-net-worth clients
- 2,378
- Accounts
- 27,753
- Discretionary
- 98% of AUM
- Employees
- 531
- Advisory staff
- 217
- Offices
- 7
Owners and executives on its Form ADV
- John M. NicolaFounder, Executive Chair and Wealth Advisor
- David B. SungExecutive Vice Chair of the Board and President of Institutional
- Jamie S. DuncanDirector
- Richard C. ChenChief Compliance Officer
- Anne M. ThomasDirector
- Thomas W. ShepanskyDirector
- Carrie E. RussellDirector
- Christopher M. NicolaChief Executive Officer and Director
- David W PosterChief Financial Officer and Director
- Paul F. HollandsDirector
- Abigail Coman-WalkerChief Operating Officer
- William F. JohnChief Investment Officer
Custody and brokerage
2 custodians
- National Bank Independent Network (nbin)$11B>99%
- BNY Pershing$98M<1%
Other RIAs using National Bank Independent Network (nbin)Other multi-custodian RIAs
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 2,378 | $9.1B | 82% |
| Individuals | 3,569 | $1.1B | 10% |
| Charitable organizations | 650 | $480M | 4% |
| Corporations or other businesses | 121 | $406M | 4% |
Disciplinary disclosures
Nicola Wealth Management LTD. answers yes to 1 disclosure item in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗nicolawealth.com ↗
AtlasMembers
The full record on Nicola Wealth Management LTD.
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, 5 years of filings
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- Growth over one, three and five years
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- Rank against 372 peers of its type and size
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- Owners and executives, with titles and stakes
- 12 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 4Locked
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Background
Questions
How much does Nicola Wealth Management LTD. manage?
Nicola Wealth Management LTD. reports $11.0 billion in regulatory assets under management across 27,753 accounts, 98% of it on a discretionary basis, on its Form ADV filed September 9, 2026.
What kind of firm is Nicola Wealth Management LTD.?
Nicola Wealth Management LTD. is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Nicola Wealth Management LTD.’s clients?
By assets, its largest client types are high-net-worth individuals ($9.1 billion, 2,378 clients); individuals ($1.1 billion, 3,569 clients); charitable organizations ($480 million, 650 clients).
Does Nicola Wealth Management LTD. have any disciplinary history?
Nicola Wealth Management LTD. answers yes to 1 disclosure item in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Nicola Wealth Management LTD.’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 (2026-09-09), 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 →