Overview

Headquarters
Dubuque, IA
Total Firm Assets
$328 million
Average High-Net-Worth Client Portfolio Size
$0.6 million

Fee Structure

Primary Fee Schedule (WFS FORM ADV PART 2 - 2020.01.29)

MinMaxMarginal Fee Rate
$0 $100,000 1.50%
$100,001 $500,000 1.25%
$500,001 $1,000,000 1.00%
$1,000,001 $3,000,000 0.75%
$3,000,001 and above 0.50%
Illustrative Fee Rates
Total AssetsAnnual FeesAverage Fee Rate
$1 million $11,500 1.15%
$5 million $36,500 0.73%
$10 million $61,500 0.62%
$50 million $261,500 0.52%
$100 million $511,500 0.51%

Clients

High-Net-Worth Share of Firm Assets
56.47%
Number of High-Net-Worth Clients
303
Total Client Accounts
1,134
Discretionary Accounts
1,119
Non-Discretionary Accounts
15

Services Offered

Services: Financial Planning, Portfolio Management for Individuals, Portfolio Management for Institutional Clients, Investment Advisor Selection, Educational Seminars

Regulatory Filings

SEC CRD Number
27346

Additional Brochure: LAYMAN, JAKE - PART 2B (2026-07-14)

View Document Text
Item 1 – Cover Page Registered Investment Advisor CRD # 27346 Weitzel Financial Services, Inc. 2200 John F. Kennedy Road Suite 103 Dubuque, IA 52002 Tel: (563) 583-6020 Fax: (563) 583-6053 www.weitzelfinancial.com Jake D. Layman Investment Advisor Representative CRD #8303032 Form ADV Part 2B Brochure Supplement July 14, 2026 This brochure provides information about Jake D. Layman that supplements Weitzel Financial Services, Inc. Form ADV Part 2A firm brochure. You should have received a copy of that brochure. Please contact Bradley Weitzel at (563) 583-6020 if you did not receive the full brochure or if you have any questions about the contents of this supplement. Additional information about Jake D. Layman is available on the Securities and Exchange Commission’s (SEC) website at www.adviserinfo.sec.gov. Weitzel Financial Services, Inc. Form ADV Part 2 – 20260714 Page 1 of 3 Item 2 – Educational Background and Business Experience Regulatory guidance requires the firm to disclose relevant post-secondary education and professional training for each principal executive and associate of the firm, as well as their business experience for at least the most recent five years. Principal Executive Officers and Management Persons Investment Advisor Representative Jake D. Layman Year of Birth: 2003 / CRD Number: 8303032 Educational Background and Business Experience Educational Background Bachelors of Business Administration, Clarkes University; Dubuque, IA Business Experience JB Ventures (09/2025 - Present) North Sioux City, SD Finance & Operations Analyst Security Bank of South Dakota (02/2025 – 09/2025) Sioux Falls, SD Universal Banker Weitzel Financial Services, Inc, (08/2024 – 01/2025) Dubuque, IA Intern Security National Bank (05/2024 – 08/2024) Sioux City, IA Intern Item 3 – Disciplinary Information Registered investment advisors are required to disclose certain material facts regarding any legal or disciplinary events that would be material to the evaluation of each officer or a supervised person providing investment advice. Jake Layman has not been the subject of any such event. Item 4 – Other Business Activities Investment advisor representatives are required to disclose outside business activities that account for a significant portion of their time or income, or that may present a conflict of interest with their advisory activities. Mr. Layman is not registered, nor has an application pending to register, as an associated person of a futures commissions merchant, commodity pool operator, or commodity trading advisor. Neither Mr. Layman nor our advisory firm has a material relationship with the issuer of a security. Weitzel Financial Services, Inc. Form ADV Part 2 – 20260714 Page 2 of 3 Jake Layman maintains a position outside of Weitzel Financial Services, Inc. Working as a Finance & Operations Analyst with JB Ventures, Mr. Layman spends approximately 20 – 40 hours a month in non-investment related duties. Item 5 – Additional Compensation Neither our advisory firm nor Jake Layman is compensated for advisory services involving performance-based fees. Firm policy does not allow associated persons to accept or receive additional economic benefit, such as sales awards or other prizes, for providing advisory services to firm clients. Item 6 – Supervision Firm policies and procedures have been designed to ensure appropriate recordkeeping and supervision, and all associates are required to adhere to our firm’s Code of Ethics and procedural guidelines. Bradley Weitzel, as Chief Compliance Officer, will monitor firm activities and the advice provided by performing the following ongoing reviews: • Account opening documentation when the relationship is established • Review of account transactions • Assessments of the client’s financial situation, objectives, and investment needs • A review of client correspondence on an as needed basis • Periodic internal firm review Questions relative to the firm, its services or this Form ADV Part 2 may be made to the attention of Bradley Weitzel at (563) 583-6020. Additional information about the firm, other advisory firms, or an associated investment advisor representative is available on the Internet at www.adviserinfo.sec.gov. A search of this site for firms may be accomplished by firm name or a unique firm identifier, knows as an IARD or CRD number. The IARD number for Weitzel Financial Services, Inc. is 27346. The business and disciplinary history, if any, of an investment advisory firm and its representatives may also be obtained by calling your state securities commission. Item 7 – Requirements for State-Registered Advisors There have been neither awards nor sanctions or other matter where Jake Layman or Weitzel Financial Services, Inc. has been found liable in an arbitration, self-regulatory or administrative proceeding. Neither Jake Layman nor Weitzel Financial Services, Inc. has been the subject of a bankruptcy petition. Weitzel Financial Services, Inc. Form ADV Part 2 – 20260714 Page 3 of 3

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