# Nikulski Financial, Inc.

> Nikulski Financial, Inc. is an SEC-registered investment advisory firm in Bettendorf, IA, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 17, 2026.

- CRD: 151569
- Filed as: NIKULSKI FINANCIAL, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bettendorf, IA
- Filing period: October 2026
- Form ADV filing dated: March 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/151569
- AdvisorCensus page: https://advisorcensus.com/firm/nikulski-financial-inc-bettendorf-ia-151569

## Quick answers

**How is Nikulski Financial, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Nikulski Financial, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Nikulski Financial, Inc. located?**
Nikulski Financial, Inc.'s principal office is in Bettendorf, IA, according to its Form ADV.

**Is Nikulski Financial, Inc. registered with the SEC or a state?**
Nikulski Financial, Inc. is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 151569.

**How much does Nikulski Financial, Inc. manage?**
Nikulski Financial, Inc. reports $448,977,741 in regulatory assets under management in its Form ADV filing dated March 17, 2026 (100% discretionary).

**How have Nikulski Financial, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Nikulski Financial, Inc.: Regulatory assets under management: $233,300,000 in the October 2021 data and $448,977,741 in the October 2026 data, up 92%. Total employees: 4 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Nikulski Financial, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (352); high net worth individuals (116); charitable organizations (4).

**Which custodians does Nikulski Financial, Inc. use?**
Nikulski Financial, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Altruist Financial LLC and Charles Schwab & Co., Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Nikulski Financial, Inc. report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.H(1)(c) (regulator's civil action dismissed under a settlement). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/151569

**What changed in Nikulski Financial, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 5 to 6. Regulatory assets under management went from $370,467,092 to $448,977,741 (+21%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Altruist Financial LLC
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $448,977,741
- Discretionary: $448,977,741
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 352 | $103,275,206 |
| High net worth individuals | 116 | $338,732,994 |
| Charitable organizations | 4 | $3,771,316 |
| Corporations or other businesses not listed above | 3 | $3,198,225 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2017 (9 years)
- Employees: 10 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IA, IL, NE, TN, TX, WI
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.H(1)(c): Has a domestic or foreign court ever dismissed, under a settlement agreement, an investment-related civil action brought against the firm or an advisory affiliate by a state or foreign financial regulator?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/151569

### Websites listed on Form ADV (Item 1.I)
- nikulskifinancial.com
- nikulskifinancial.com/resources-library
- vimeo.com/search
- Facebook @nikulskifinancial
- Instagram @nikulski_financial
- LinkedIn @nikulski-financial-inc-
- X @Nikulski_RIA

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $233,300,000 | 4 | March 30, 2021 |
| October 2022 | $288,742,903 | 7 | August 19, 2022 |
| October 2023 | $252,081,883 | 7 | April 17, 2023 |
| October 2024 | $305,541,790 | 9 | June 3, 2024 |
| October 2025 | $370,467,092 | 9 | July 11, 2025 |
| October 2026 | $448,977,741 | 10 | March 17, 2026 |

Regulatory assets under management: $233,300,000 in the October 2021 data and $448,977,741 in the October 2026 data, up 92%.
Total employees: 4 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 5 to 6.
- Regulatory assets under management went from $370,467,092 to $448,977,741 (+21%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Nikulski Financial, Inc. (CRD 151569): Form ADV filing data as of October 2026.