Nicholas Bormann is a CFP-designated registered investment advisor at Bormann Wealth Management, LLC, based in Spokane, WA, with 10 years of industry experience. Nicholas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Divorce Planning, Estate Planning, Financial Planning & Coaching, and 3 more. Their firm serves 17 clients with $6.2M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.00% |
| $250K - $1.0M | 0.50% |
| $1.0M - $2.0M | 0.25% |
| $2M+ | 0.10% |
Fees are negotiable and may be discounted or waived for associates, their family members, and pre-existing client relationships.
Fee Estimator
Location
Spokane, WA
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Nicholas is a published author since 2014 and receives royalties from past publications. This activity is not investment-related and involves minimal time each month.
Employment History
Current Registrations
Bormann Wealth Management, LLC
Previous Registrations
Gwn Securities INC.
Gwn Securities INC.Broker
AXA Advisors, LLC
AXA Advisors, LLCBroker
State Registrations1 state
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