Nepsis Advisor Services, Inc. (Minneapolis)

Name: Nepsis Advisor Services, Inc.
Address: 8674 Eagle Creek Circle, Minneapolis, MN, 55378
Telephone: 952-746-2003

Nepsis Advisor Services, Inc. is a related adviser based in Minneapolis. It manages $4.01 million of regulatory assets for 170 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Illinois, Minnesota, Texas, Washington, and Wisconsin.

Nepsis Advisor Services provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Nepsis Advisor Services: assets under management

The assets under management (AUM) of Nepsis Advisor Services, Inc. is $4.01 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -96% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.01 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $23.59 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 45% of the total AUM. The second-largest asset type is investment and business development companies, which make up 40% of the firm’s portfolio. Investments in cash and cash equivalents form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nepsis Advisor Services, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Nepsis Advisor Services serves?

The only and largest group of clients of Nepsis Advisor Services is individuals with 90 clients and $4.01 million of assets under management. Among the 1 most similar advisory firms, Nepsis Advisor Services has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $4.01 million for 90 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Nepsis Advisor Services doesn't advise any private funds.

Careers at Nepsis Advisor Services, Inc.

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark William Pearson	President and chief compliance officer	1 Mar 2012	75% - 100%	1620222

Based in Minneapolis

The principal office where Nepsis Advisor Services, Inc. performs its advisory services is located at 8674 Eagle Creek Circle, Minneapolis, MN 55378, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 952-746-2003 or by fax 952-746-2006. The normal business hours are 8 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at nepsiscapital.com and its LinkedIn profile.