NWM ADVISORS, LLC

CRD 283714File 801-107866

APPROVED

Retail clients

Custody

Filing as of Feb 13, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$329.1M

Below cohort median (national)

Discretionary AUM

$317.2M

Non-discretionary $11.9M

Clients

191

501 accounts

Employees

Below cohort median in CA

Identity & registration

ADV Item 1

Organization form: Limited Liability Company
Firm type: Registered
SEC region: LARO
Registration date: Jun 6, 2016
Principal office: 735 TANK FARM ROAD, SUITE 250, SAN LUIS OBISPO, CA, 93401
Phone: 805-781-2773
Website: HTTP://WWW.NWMADVISORS.COM

Assets & accounts

ADV Item 5F

Total regulatory AUM: $329.1M
Discretionary AUM: $317.2M
Non-discretionary AUM: $11.9M
Discretionary accounts: 499
Non-discretionary accounts: 2
Total accounts: 501
AUM per client: $1.7M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Other	Fewer than 5	$3.1M
Charitable organizations	Fewer than 5	$2.9M
High net worth individuals	124	$278.3M
Pension and profit sharing plans	20	$37.2M
Individuals (other than high net worth individuals)	47	$7.4M

Compensation & activities

ADV Items 5E, 5G

Compensation

A percentage of assets under your management

Advisory activities

Portfolio management for other
Portfolio management for businesses
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: Yes
Firm Custody Assets: No
Firm Custody Clients: No
Firm Custody Securities: No
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: No

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.