# NWK Group

> NWK Group is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2002, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 23, 2026.

- CRD: 124186
- Filed as: NWK  GROUP
- Legal name: NWK Group, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: March 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/124186
- AdvisorCensus page: https://advisorcensus.com/firm/nwk-group-san-francisco-ca-124186

## Quick answers

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

**How much does NWK Group charge?**
Its Form ADV Part 2A brochure dated March 23, 2026 states: Flat fee: $500 to $2,500 (Financial Planning). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is NWK Group located?**
NWK Group's principal office is in San Francisco, CA, according to its Form ADV.

**Is NWK Group registered with the SEC or a state?**
NWK Group is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 124186.

**How much does NWK Group manage?**
NWK Group reports $485,294,706 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (98% discretionary).

**How have NWK Group's assets and staff changed since 2021?**
In the Form ADV data for NWK Group: Regulatory assets under management: $489,287,671 in the October 2021 data and $485,294,706 in the October 2026 data, down 1%. Total employees: 7 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does NWK Group serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (105); individuals (other than high net worth individuals) (102); corporations or other businesses not listed above (3).

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

**Does NWK Group report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/124186

**What changed in NWK Group's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $570,943,172 to $485,294,706 (-15%). Registered or notice-filed in NY.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 23, 2026)

- Flat fee: $500 to $2,500 (Financial Planning)

> Our Financial Planning fees are calculated and charged on a fixed fee basis, typically ranging from $500 to $2,500, depending on the specific arrangement reached with the client.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- 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: $485,294,706
- Discretionary: $474,882,450
- Non-discretionary: $10,412,256

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 102 | $45,704,495 |
| High net worth individuals | 105 | $392,166,281 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $2,138,249 |
| Charitable organizations | 2 | $30,895,778 |
| Corporations or other businesses not listed above | 3 | $14,389,903 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 2002 (23 years)
- Employees: 6 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, NY, OR, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- nwkgroup.com
- Facebook @NWKGroupSF
- LinkedIn @nwk-group
- X @NWKGroup

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $489,287,671 | 7 | March 25, 2021 |
| October 2022 | $512,901,108 | 7 | March 24, 2022 |
| October 2023 | $662,868,060 | 6 | March 30, 2023 |
| October 2024 | $707,671,747 | 7 | April 29, 2024 |
| October 2025 | $570,943,172 | 6 | March 28, 2025 |
| October 2026 | $485,294,706 | 6 | March 23, 2026 |

Regulatory assets under management: $489,287,671 in the October 2021 data and $485,294,706 in the October 2026 data, down 1%.
Total employees: 7 in October 2021 and 6 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $570,943,172 to $485,294,706 (-15%).
- Registered or notice-filed in NY.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. NWK Group (CRD 124186): Form ADV filing data as of October 2026.