Daniels & Erickson Financial Advisors, Llc
- Regulatory AUM
- $214M
- Discretionary
- $214M
- Clients
- 65
- Avg AUM / client
- $3.3M
- Accounts
- 148
- Employees
- 4
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 11, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 15 | $6.9M | 3.22% |
| High net worth individuals | 45 | $191M | 89.4% |
| Corporations and other businesses | 5 | $15.8M | 7.41% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Clay Donald Daniels | Managing Member/Vice President/Secretary | Jan 2002 (25y) | 25% – 50% | |
| David Lee Nelson | Managing Member/President/Chief Compliance Officer | CFP | Jan 2002 (25y) | 25% – 50% |
| Erickson, Jonathan, Frederick | Managing Member/Vice President/Treasurer | Jan 2002 (25y) | 25% – 50% | |
| Michael Corbin Pendleton | Member | CFP | Jan 2009 (18y) | 10% – 25% |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/11/2026 | 987 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
- • Other fees
- • THIRD PARTY REFERRAL FEES
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Selection of other advisers
Custody
Reported custodians
- National Financial Services (Fidelity) $193M (90% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 11, 2026.
View current Form ADV (SEC/IAPD) ↗