Nicholas S. Garofalo

OPENHANDED WEALTH LLC

Holly Springs, GA

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CRD#: 7884666

Professional summary

Nicholas Spencer Garofalo, who also goes by Nick Spencer Garofalo, Nick Spenser Garofalo, Nick Garofalo, is a registered financial advisor currently at OPENHANDED WEALTH LLC located in Holly Springs, Georgia.

Nicholas is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2024. Nicholas has worked at 1 firm and has passed the Series 65 exam.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Nick Spencer Garofalo | Nick Spenser Garofalo | Nick Garofalo

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

Nick Garofalo is currently employed at i3 Verticals, LLC, in Nashville, TN, where he performs financial analysis and reporting. Mr. Garofalo started this position 12/2017. This may create a potential conflict of interest because Nick Garofalo dedicates 100% of his time during trading hours to this activity, however, as a fiduciary, Mr. Garofalo has a duty of utmost good faith to act solely in the best interests of each Client and will ensure all Client's needs are promptly addressed. This conflict is mitigated as OW's investment strategy does not involve daily active trading.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Nicholas Spencer Garofalo's CRS (Customer Relationship Summary).

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

April 9, 2024 - Present

OPENHANDED WEALTH LLC

RIA

CRD#: 330399

Holly Springs, GA

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

Highlighted states indicate IAR registrations

IAR

Georgia
(4/9/2024)

IAR

Texas
(7/16/2025)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 65

Date: 12/21/2023

Uniform Investment Adviser Law Examination

Current Firm

OPENHANDED WEALTH LLC

GAROFALO ENTERPRISES LTD. CO. | OPENHANDED WEALTH LLC | ONE DEGREE FINANCIAL

CRD#: 330399 / SEC#:

Georgia

Registered Investment Advisory firm - (4/9/2024 Approved)

Texas

Registered Investment Advisory firm - (6/30/2025 Conditional Restricted)

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Contact information

Main Address

Holly Springs, GA

Mailing Address

Phone number

(404) 775-9165

Established

Firm type

Fiscal year end

# of Employees

Documents

Latest Form ADV

Regulatory assets under management

Total Number of Accounts	9
AUM (Assets Under Management)	$ 208,651

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Nicholas S. Garofalo

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Nicholas Spencer Garofalo's CRS (Customer Relationship Summary).

Certified licenses

Experience

OPENHANDED WEALTH LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 12/21/2023

Current Firm

OPENHANDED WEALTH LLC

Contact information

Documents

Regulatory assets under management

Red Flags

Company Information

OPENHANDED WEALTH LLC

TRUST BUT VERIFY

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