Nichols Wealth Advisors

Nichols Wealth Advisors serves individual and institutional clients, offering discretionary and non‑discretionary portfolio management alongside financial planning, performance reporting, and implementation services. The firm also provides pension and profit‑sharing consulting, educational seminars and workshops, and reports 11 clients with $11,858,000 in assets under management.

Investment management is delivered through three actively managed strategies: an Equity Income Strategy emphasizing dividend capacity and multivariate valuation, a Multi‑Cap Equity Strategy that is unconstrained by market capitalization or style, and an Intermediate Fixed Income Strategy focused on one‑ to ten‑year investment‑grade issues. The firm emphasizes disciplined portfolio construction and risk‑adjusted performance, typically operating with discretion but also accepting limited or non‑discretionary mandates and offering wrap accounts through affiliated sub‑advisors for hedge and alternative investments.

Several features in the brochure distinguish the firm from many small independent advisers: it acts in an insurance capacity and receives commissions from insurance product sales (with offset provisions for ERISA accounts), a firm principal is licensed to sell insurance in Illinois and Indiana, and the firm discloses affiliations with other investment advisers and an insurance company. Nichols Wealth Advisors also offers pension consulting on a fixed‑fee basis ($25,000, billed at $6,250 per quarter) and charges fixed fees for seminars ($7,500), services that are relatively uncommon among similarly sized independent firms.