Nelson Securities,Inc. (Spokane)

Nelson Securities provides portfolio management for individuals and small businesses and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Nelson Securities: assets under management

The assets under management (AUM) of Nelson Securities,Inc. is $146.42 million. The firm's AUM has grown by 44% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $139.28 million in discretionary accounts and $7.14 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $82.56 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $92.76 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Nelson Securities,Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Nelson Securities serves?

The only and largest group of clients of Nelson Securities is individuals with 1,755 clients and $144.2 million of assets under management. Among the 10 most similar advisory firms, Nelson Securities has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $144.2 million for 1,755 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.

Nelson Securities doesn't advise any private funds.

Careers at Nelson Securities,Inc.

The company employs 14 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. No 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

Based in Spokane

The principal office where Nelson Securities,Inc. performs its advisory services is located at 9718 N Morton Ct, Spokane, WA 99218, which is also the mailing address of the firm. An additional office of the firm is in San Diego, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 509-838-1313 or by fax 509-458-5578. The normal business hours are 7:00 a.m to 3:00 p.m. on Monday - Friday. You can find more information about the New York firm at nelson-securities.com.

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