Nicola Wealth Management Ltd.

Registered investment adviser · Vancouver · CRD #173201

Form ADV data as of 2026-09-01

Regulatory assets

$11.04 billion

Total accounts

27,753

Employees

531

Disclosure events

Firm details

Website: https://us.nicolawealth.com/
Telephone: 604-739-6450
SEC file number: 801-119288
Most recent Form ADV filing: 2026-08-26
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 1 disclosure question answered Yes, covering 1 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Another regulator found a violation of investment-related regulations or statutes

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$10.83 billion
Non-discretionary regulatory assets under management	$211.0 million
Total regulatory assets under management	$11.04 billion
Discretionary accounts	27,529
Non-discretionary accounts	224
Total accounts	27,753
Regulatory assets under management attributable to non-U.S. persons	$10.96 billion

People

Total employees (excluding clerical)	531
Employees performing investment advisory functions (including research)	217
Employees who are registered representatives of a broker-dealer	0
Employees registered as investment adviser representatives with a state	5
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	102
Firms or persons who solicit advisory clients on the firm's behalf	7

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	6

How the firm is compensated

A percentage of assets under managementFixed fees (other than subscription fees)Performance-based fees

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesOther

Other business activities

Insurance broker or agent

Affiliated related persons

Insurance company or agencyReal estate broker or dealerSponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys or sells for itself securities it also recommends to clients
Recommends securities for which it serves as underwriter or general partner
Receives soft dollar benefits

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	3,569	$1.09 billion
High net worth individuals	2,378	$9.07 billion
Charitable organizations	650	$479.5 million
Corporations or other businesses not listed above	121	$406.1 million