Donald W. Nicholson & Associates Ltd

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Client assets under management

$169,497,110

Clients

156

32% high-net worth

Advisors

of 5 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

Typical

Average account size

$1,086,520

About

Donald W. Nicholson & Associates, Ltd. provides asset management, personal financial planning, and retirement plan consulting to individuals, high-net-worth clients, pension and profit-sharing plans, trusts, and estates. Engagement Letters define each client relationship and the specific services to be provided.

The firm gathers detailed financial and personal information to produce personalized profiles and typically implements asset allocation through mutual funds, ETFs, fixed income and occasional individual securities, with ongoing monitoring at least monthly and formal client reviews at least annually. Services are delivered primarily on a non‑discretionary basis, with clients able to grant limited discretionary authority by separate addendum for rebalancing, liquidity needs, or recurring distributions.

The brochure highlights several features that differ from many peers: it discloses reliance on third‑party rating agencies in its investment analysis and explicitly discusses client access to borrowing (margin and pledged‑asset loans), including the related risks and the impact borrowing can have on fees and conflicts of interest. The firm also emphasizes its predominantly non‑discretionary management model and the availability of limited discretionary permissions, rather than accepting full discretionary authority for most accounts.

Client services

Financial planning Portfolio management Newsletters or periodicals

Expertise

Tax-loss harvesting

Fee options

Fixed

Fixed fee or retainer basis for financial planning services, not to exceed $25,000

Percentage

$0 - $500,000: 1.25% $500,000 - $2,000,000: 1.00% $2,000,000 - $4,000,000: 0.80% $4,000,000+: 0.60%

Project-based

Up to $300 per hour for financial planning services

Main office location

Donald W. Nicholson & Associates Ltd

1403 Silverside Rd, Ste B

Wilmington DE 19810, United States

Number of offices

Most active in

Delaware · Florida · Louisiana · New Jersey · Pennsylvania · Texas

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

LinkedIn Facebook X Website 302-529-1500

Advisors at this firm

Donald N

Series 63, Series 65

Wilmington, DE

Donald W. Nicholson & Associates Ltd

Donald Nicholson is a financial advisor with Donald W. Nicholson & Associates Ltd in Wilmington, DE, holding Series 63 and Series 65 licenses and possessing 42 years of industry experience. He has been with his current firm since 1996. In addition to his advisory role, he is involved in insurance sales. Donald W. Nicholson & Associates serves individuals, including high-net-worth clients, pension and profit-sharing plans, trusts, and estates, managing over $171 million in assets. The firm provides non-discretionary asset management, personal financial planning, and retirement plan consulting, utilizing model portfolios through Schwab’s Institutional Intelligent Portfolios program.

Tax-loss harvesting

Donald N

CFP®, Series 63, Series 65

Wilmington, DE

Donald W. Nicholson & Associates Ltd

Donald Nicholson is a CFP® with 29 years of experience in financial advising. He has been with Donald W. Nicholson & Associates Ltd since 1996, where he continues to serve as an advisor in Wilmington, DE. Donald W. Nicholson & Associates Ltd serves individuals—including high-net-worth clients—pension and profit-sharing plans, trusts, and estates, managing over $171 million in assets. The firm provides non-discretionary asset management, personal financial planning, and retirement plan consulting, utilizing model portfolios through Schwab’s Institutional Intelligent Portfolios program.

Tax-loss harvesting

Thomas C

Series 63, Series 65

Wilmington, DE

Donald W. Nicholson & Associates Ltd

Thomas Caffrey Sr. is a financial advisor at Moyer Wealth Management with 11 years of industry experience. He previously worked at Main Line Financial Advisors for 10 years and operated Caffrey Retirement Solutions for three years before joining his current firm. Moyer Wealth Management serves individual and high-net-worth clients by providing investment advisory services, portfolio management, and financial planning. The firm integrates tax preparation and bookkeeping through its CPA parent company and offers tailored investment strategies with regular account reviews.

Tax-loss harvesting

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