NWF Advisory Services Inc

• A percentage of assets under your management
• Hourly charges
• Fixed fees (other than subscription fees)

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

The brochure lists different fees for different services or strategies. See the firm's brochure (dated March 31, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$6,426,161,220 as of October 2026, filing dated March 31, 2026.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Financial planning services
• Portfolio management for individuals and/or small businesses
• Portfolio management for businesses (other than small businesses) or institutional clients
• Pension consulting services
• Selection of other advisers (including private fund managers)
• Educational seminars/workshops

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

1998 (28 years)

Employees

Total: 111. Performing investment advisory functions: 102.

Wrap fee program participation

Yes.

Custodians (Schedule D, Section 5.K(3))

Pershing LLC

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.

Other offices (Schedule D, Section 1.F)

46 other offices, as of the April 2026 filing

Alhambra, CAAlliso Viejo, CAAnaheim, CABrielle, NJBuhler, KSCameron Park, CACape Girardeau, MOCarmel Valley, CAColumbus, NEDenver, COEncino, CAFort Wayne, INFredonia, NYGreenwood Village, COHays, KSHonolulu, HIIncline Village, NVIrvine, CAJamestown, NYKingsburg, CALa Mirada, CALaguna Niguel, CALas Vegas, NVLong Beach, CALos Angeles, CAMount Juliet, TNMurietta, CANewport Beach, CAOrange, CAPacific Grove, CAPalm Desert, CAPaoli, PAPrice, UTRedlands, CASan Diego, CASan Mateo, CASanta Rosa, CAScottsdale, AZSikeston, MOSt. Louis, MOTurlock, CAWalnut Creek, CAWestlake Village, CAWichita, KSWillington, CTWoodbury, MN

States registered or notice-filed

24 states or jurisdictions

AKAZCACOCTFLGAHIIDINKSLAMNMONENJNVNYORPATNTXUTWA

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $1,683,308,404 in the October 2021 data and $6,426,161,220 in the October 2026 data, up 282%.

Total employees: 7 in October 2021 and 111 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. April 2026
   • Employees performing advisory functions went from 71 to 102.
   • Regulatory assets under management went from $3,824,876,751 to $6,426,161,220 (+68%).
   • Changed its office addresses in Encino, CA.
   • Changed its office addresses in Newport Beach, CA.
   • Added an office in Brielle, NJ.
   • Added an office in Buhler, KS.
   • Added an office in Cameron Park, CA.
   • Added an office in Cape Girardeau, MO.
   • Added an office in Columbus, NE.
   • Added an office in Denver, CO.
   • Added an office in Fort Wayne, IN.
   • Added an office in Fredonia, NY.
   • Added an office in Greenwood Village, CO.
   • Added an office in Hays, KS.
   • Added an office in Incline Village, NV.
   • Added an office in Jamestown, NY.
   • Added an office in Las Vegas, NV.
   • Added an office in Long Beach, CA.
   • Added an office in Los Angeles, CA.
   • Added an office in Mount Juliet, TN.
   • Added an office in Murietta, CA.
   • Added an office in Paoli, PA.
   • Added an office in Price, UT.
   • Added an office in Scottsdale, AZ.
   • Added an office in Sikeston, MO.
   • Added an office in St. Louis, MO.
   • Added an office in Turlock, CA.
   • Added an office in Walnut Creek, CA.
   • Added an office in Westlake Village, CA.
   • Added an office in Wichita, KS.
   • Added an office in Willington, CT.
   • Added an office in Woodbury, MN.
   • No longer lists an office in Fresno, CA.
   • No longer lists an office in Novato, CA.
   • No longer lists an office in Rescue, CA.
   • No longer lists an office in Santa Rosa, CA.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.