Nicholas Wealth Management

Nicholas Wealth Management is a Limited Liability Company established in Georgia in February 2016 by principal owner David Nicholas. The firm specializes in portfolio management services tailored to individual client goals, risk tolerance, and time horizons. Clients receive services such as investment strategy development, asset allocation, and regular portfolio monitoring. NWM may request discretionary authority from clients to execute transactions without prior approval. The firm employs proprietary strategies to optimize client returns and operates as a fiduciary, making investment decisions in clients' best interests. NWM offers services to individuals, high-net-worth individuals, and charitable organizations, with a minimum account size of $500,000, which may be waived at the firm's discretion. The fee structure for non-wrap fee portfolio management ranges from 1.50% to 1.00% based on total assets under management. Additionally, NWM may recommend proprietary ETFs, which could result in higher fees for clients. The firm participates in the Schwab institutional advisor program, receiving benefits such as research tools and consulting services. NWM provides ongoing account monitoring and quarterly reports to clients, with periodic reviews triggered by material changes in client circumstances or external factors. The firm does not accept voting authority for client securities and does not have financial conditions impairing its ability to meet client commitments. NWM has not been subject to bankruptcy petitions in the last ten years.