# Thomas Caffrey

> Thomas Caffrey is a fee-only financial advisor at Donald W. Nicholson & Associates in Wilmington, Delaware. Donald W. Nicholson & Associates reports charging a percentage of assets, hourly fees and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/thomas-caffrey/
Built from SEC adviser records; last checked October 30, 2026.

## Facts

- **Firm:** Donald W. Nicholson & Associates
- **Based in:** Wilmington, Delaware
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly; Fixed fees
- **Assets under management (firm):** $171.2M across 354 accounts
- **CRD:** 5866720 (https://adviserinfo.sec.gov/individual/summary/5866720)
- **SEC registration:** Investment adviser representative in DE, PA
- **Exams passed:** Series 63 (2016), Series 65 (2021)
- **Firm size:** 5 employees
- **Disclosures:** None reported
- **Website:** http://www.nicholson-associates.com

## Frequently asked questions

### Is Thomas Caffrey a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Thomas holds no broker registration, and Donald W. Nicholson & Associates reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Thomas charge for financial advice?

Thomas's firm, Donald W. Nicholson & Associates, reports charging a percentage of assets, hourly fees and fixed fees on its SEC Form ADV.

### Where is Thomas Caffrey based?

Thomas Caffrey is based in Wilmington, Delaware.

### Is Thomas Caffrey registered with the SEC?

Yes. Thomas Caffrey is registered as an investment adviser representative in DE and PA (CRD 5866720), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Donald W. Nicholson & Associates manage?

Donald W. Nicholson & Associates reports $171.2M across 354 accounts in assets under management.

### How do I contact Thomas Caffrey?

Through Thomas's website, www.nicholson-associates.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/5866720): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.