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Nye Wealth Management
Eric A. 'Rick' Nye, a CFP, ChFC, and CLU charterholder, established Nye Wealth Management in Hudson, Ohio, in 2014. The practice grew out of a...
Nye Wealth Management
Eric A. 'Rick' Nye, a CFP, ChFC, and CLU charterholder, established Nye Wealth Management in Hudson, Ohio, in 2014. The practice grew out of a multi-generational advisory lineage; Daniel J. Griffin Jr. joined as a retirement planning advisor holding the RICP and NSSA designations, while Madison T. Nye stepped into the client service director role — indicating a family-operated continuity model. The firm lists its corporate office at 85 South Main Street, Suite F, and serves a local and regional client base from a single Ohio location. The advisory model integrates investment planning and portfolio management with retirement-income planning, Social Security benefits analysis, life insurance, tax-efficient strategies, pension analysis, annuities, and long-term care planning. The firm does not publish a discrete asset-class breakdown but structures client portfolios across individual securities, mutual funds, annuities, and insurance products. Nye Wealth Management promotes in-person seminars and downloadable guides — most notably a 16-page Social Security optimization booklet — as its primary client-education and prospecting channel. Nye Wealth Management has not publicly disclosed total assets under advisement or a professional headcount. The named team comprises four individuals: the principal, a retirement planning advisor, a client service director, and an operations officer. No adjacent philanthropic vehicles, club affiliations, or institutional co-investment vehicles appear in its public footprint. In late May 2026, the firm's website continued to emphasize no-obligation initial meetings and a planning-led intake process. The firm's structural posture is that of a locally anchored, designations-dense retirement practice — distinct from multi-family offices or institutional allocators. It relies on credentials (CFP, ChFC, CLU, RICP, NSSA) to signal technical depth in Social Security, pension, and insurance planning, and it promotes independence from large broker-dealer platforms.
General information
Firm type
Bank / Wealth / Trust
Year founded
2014
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Hudson
Corporate office
85 South Main St., Suite F, Hudson, OH 44236, United States
Principals
Eric A. Nye
Principal | Investment Advisor Representative
Daniel J. Griffin Jr.
Retirement Planning Advisor, National Social Security Advisor Certificate Holder
Madison T. Nye
Client Service Director
Amanda Chizmadia
Operations Officer
Frequently asked questions
What designations do the advisors at Nye Wealth Management hold?
Founder Eric A. Nye holds the CFP, ChFC, and CLU designations. Daniel J. Griffin Jr. carries the RICP and NSSA credentials, with the latter specific to Social Security claiming strategies. The firm leverages these designations to position itself as a technically specialized retirement-planning practice.
Does Nye Wealth Management operate as a fiduciary?
The firm describes itself as independent and states its sole focus is on clients, but it does not explicitly disclose a uniform fiduciary standard across all engagement types. As an RIA, the firm is subject to the Investment Advisers Act fiduciary duty on advisory accounts; however, insurance and annuity transactions may follow a different suitability standard. Prospective clients should request a written disclosure of the standard applicable to each component of their relationship.
What is Nye Wealth Management's approach to Social Security optimization?
Social Security benefits analysis and planning is one of the firm's core services. Nye Wealth Management offers a 16-page guide on the topic and employs a National Social Security Advisor certificate holder. The approach focuses on claiming-age strategy and how Social Security coordinates with pension benefits, tax planning, and portfolio withdrawals.
Does Nye Wealth Management manage assets on a discretionary basis?
The firm lists 'Investment Planning & Portfolio Management' as a service but does not publicly delineate between discretionary and non-discretionary mandates. Its ADV filings would provide the definitive regulatory breakdown; the public-facing materials emphasize planning and product selection rather than a specific discretionary claim.
Is Nye Wealth Management affiliated with a broker-dealer or is it fully independent?
Eric A. Nye is listed as an Investment Advisor Representative, and the firm describes itself as 'an independent financial services firm.' It uses a variety of investment and insurance products to custom-suit client needs, which typically implies a hybrid RIA structure or access through an independent broker-dealer platform. The exact affiliation is not detailed on the firm's website.
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