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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

NIKULSKI FINANCIAL, INC.

CRD 151569

BETTENDORF, IA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:d05576a0-106e-3a7b-deab-002ba7cb4574

Data as of Mar 17, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 7:54 AM UTC and rebuilt at most every 15 minutes.

Relationships: 11
Dated events: 4
On other graphs: 0
Observed: Jan 26, 2017 to Mar 17, 2026
26 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.98 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $449MItem 5.F on the latest filing (2026-03-17); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $449M
Private client RAUM: $442MderivedItem 5.D individuals plus high net worth individuals
Private client share: 98%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 7
RAUM per advisor: $64.1Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 10
Advisory employees: 6
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 475
Individual clients: 352
High net worth clients: 116
Custody, client assets: $73.2M
SEC number: 801-109933
CRD: 151569
Filings on the tape: 26
First filed: Jan 26, 2017
Latest filed: Mar 17, 2026
Organised: Corporation, IA

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
BRIAN JACOB NIKULSKI	Certified Financial Planner	BETTENDORF, IA	16	30	2	no
ANDREW MICHAEL SWANSON	Certified Financial Planner	BETTENDORF, IA	11	12	n/a	no
Amber Jean Netherton	n/a	BETTENDORF, IA	9	11	n/a	no
Mario Alberto Jorge	n/a	BETTENDORF, IA	2	11	n/a	no
Ethan Robert Good	Certified Financial Planner\|Chartered Financial Analyst	BETTENDORF, IA	2	12	n/a	no
Joel Scott Lawlor	n/a	BETTENDORF, IA	0	11	1	no
Talen Butler	n/a	BETTENDORF, IA	0	10	n/a	no
GRAYE MICHAEL FREEMAN	n/a	BETTENDORF, IA	0	10	n/a	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
NIKULSKI, BRIAN, JACOB	PRESIDENT AND CHIEF COMPLIANCE OFFICER	E	yes	09/2009	Jan 26, 2017	Dec 16, 2024

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Private funds	Fund GAV
2025	Mar 17, 2026	$449M	$449M	10	6	n/a	n/a
2024	Mar 28, 2025	$370M	$370M	9	5	n/a	n/a
2023	Mar 26, 2024	$306M	$306M	9	4	n/a	n/a
2022	Mar 31, 2023	$252M	$243M	7	2	n/a	n/a
2021	Mar 31, 2022	$289M	$278M	7	2	n/a	n/a
2020	Mar 30, 2021	$233M	$202M	4	3	n/a	n/a
2019	Mar 16, 2020	$186M	$156M	4	3	n/a	n/a
2018	Mar 18, 2019	$149M	$125M	3	2	n/a	n/a
2017	Mar 12, 2018	$148M	$122M	3	3	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
1	1	0	14.3%	0	0	0	2	2

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$449M	$370M	21.2%	$252M	21.2%	10	9	0	0

Relationships

Registered with (10)

← Talen ButlerAdvisorregistration: current employment
Aug 7, 2026 to presentfactForm ADV
← Joel Scott LawlorAdvisorregistration: current employment
May 20, 2026 to presentfactForm ADV
← Ethan Robert GoodAdvisorregistration: current employment
Aug 2, 2024 to presentfactForm ADV
← Mario Alberto JorgeAdvisorregistration: current employment
Apr 29, 2024 to presentfactForm ADV
← Amber Jean NethertonAdvisorregistration: current employment
Aug 24, 2017 to presentfactForm ADV
← ANDREW MICHAEL SWANSONAdvisorregistration: current employment
Jun 10, 2015 to presentfactForm ADV
← BRIAN JACOB NIKULSKIAdvisorregistration: current employment
Sep 25, 2009 to presentfactForm ADV
← Ryan DAVID BintzAdvisorregistration: previous registration
Jan 15, 2025 to Jun 8, 2026factForm ADV
← Roy C LinesAdvisorregistration: previous registration
Feb 27, 2024 to Aug 22, 2024factForm ADV
← RYAN P JENNINGSAdvisorregistration: previous registration
Dec 2, 2019 to Apr 5, 2021factForm ADV

Controls (1)

← NIKULSKI, BRIAN, JACOBOwnerPRESIDENT AND CHIEF COMPLIANCE OFFICER, ownership code E, individual
Jan 26, 2017 to Dec 16, 2024factForm ADV

Dated events

1 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Jun 8, 2026
Advisor changed firm
Ryan David Bintz left Nikulski Financial, Inc. for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2026-07-30)
Form ADVobserved 6 days ago
Occurred
Aug 22, 2024
Advisor changed firm
Roy C Lines left Nikulski Financial, Inc. for Lpl Financial Llc (registered 2024-10-04)
Form ADVobserved 6 days ago
Occurred
Jan 26, 2017
First Form ADV filing
Nikulski Financial, Inc. filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Show 1 bookkeeping events

Occurred
Sep 14, 2026
Graye Michael Freeman registered as an investment adviser representative at Nikulski Financial, Inc.

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:d05576a0-106e-3a7b-deab-002ba7cb4574
First observed: Jan 26, 2017
Last observed: Mar 17, 2026 6 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

NIKULSKI FINANCIAL, INC.

CRD 151569

BETTENDORF, IA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:d05576a0-106e-3a7b-deab-002ba7cb4574

Data as of Mar 17, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 7:54 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

BRIAN JACOB NIKULSKI

Certified Financial Planner

BETTENDORF, IA

ANDREW MICHAEL SWANSON

Certified Financial Planner

BETTENDORF, IA

n/a

Amber Jean Netherton

n/a

BETTENDORF, IA

n/a

Mario Alberto Jorge

n/a

BETTENDORF, IA

n/a

Ethan Robert Good

Certified Financial Planner|Chartered Financial Analyst

BETTENDORF, IA

n/a

Joel Scott Lawlor

n/a

BETTENDORF, IA

Talen Butler

n/a

BETTENDORF, IA

n/a

GRAYE MICHAEL FREEMAN

n/a

BETTENDORF, IA

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

NIKULSKI, BRIAN, JACOB

PRESIDENT AND CHIEF COMPLIANCE OFFICER

yes

09/2009

Jan 26, 2017

Dec 16, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 17, 2026

$449M

n/a

2024

Mar 28, 2025

$370M

n/a

2023

Mar 26, 2024

$306M

n/a

2022

Mar 31, 2023

$252M

$243M

n/a

2021

Mar 31, 2022

$289M

$278M

n/a

2020

Mar 30, 2021

$233M

$202M

n/a

2019

Mar 16, 2020

$186M

$156M

n/a

2018

Mar 18, 2019

$149M

$125M

n/a

2017

Mar 12, 2018

$148M

$122M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

14.3%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$449M

$370M

21.2%

$252M

21.2%