# Forward Investment Advisors, Inc.

> Forward Investment Advisors, Inc. is a state-registered investment advisory firm in Madison, WI, registered since 2003, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 17, 2026.

- CRD: 106143
- Filed as: FORWARD INVESTMENT ADVISORS, INC.
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Madison, WI
- Filing period: October 2026
- Form ADV filing dated: March 17, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/106143
- AdvisorCensus page: https://advisorcensus.com/firm/forward-investment-advisors-inc-madison-wi-106143

## Quick answers

**How is Forward Investment Advisors, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Forward Investment Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Forward Investment Advisors, Inc. located?**
Forward Investment Advisors, Inc.'s principal office is in Madison, WI, according to its Form ADV.

**Is Forward Investment Advisors, Inc. registered with the SEC or a state?**
Forward Investment Advisors, Inc. is a state-registered investment advisory firm, registered since 2003. Status as filed: APPROVED. CRD 106143.

**How much does Forward Investment Advisors, Inc. manage?**
Forward Investment Advisors, Inc. reports $60,922,367 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (100% discretionary).

**What types of clients does Forward Investment Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (156); pension and profit sharing plans (but not the plan participants or government pension plans) (1); charitable organizations (1).

**Does Forward Investment Advisors, Inc. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/106143

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Regulatory assets under management (Item 5.F)
- Total: $60,922,367
- Discretionary: $60,622,895
- Non-discretionary: $299,472

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 156 | $60,571,210 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $299,472 |
| Charitable organizations | 1 | $51,685 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Publication of periodicals or newsletters

### Firm details
- Registered since: 2003 (23 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- forwardinvestmentadvisors.com

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Forward Investment Advisors, Inc. (CRD 106143): Form ADV filing data as of October 2026.