Nxt Capital Investment Advisers, LLC

CRD#160569
Investment Advisor Firm

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Learn more about Nxt Capital Investment Advisers, LLC

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Nxt Capital Investment Advisers, LLC is a financial advisor firm that has its headquarters in Chicago, Illinois. Nxt Capital Investment Advisers, LLC manages $7.1 billion in total assets over 24 customer accounts, making it one of the biggest firms in the United States by assets under management (AUM). The firm has an average-sized group, including 43 financial advisors. Nxt Capital Investment Advisers, LLC does not act as a registered broker-dealer, signifying that the company cannot buy and sell securities for its customers' and own accounts and instead has to go through a broker-dealer firm to do so. Securities are tradable fiscal investments like bonds, options and stocks.

    Nxt Capital Investment Advisers, LLC oversees most of the firm's client assets in a discretionary manner. Discretionary management signifies that an investment advisor has the discretion to make transaction choices without needing to seek client consent. The firm also has three non-discretionary accounts totaling $611.4 million in AUM. The advisory firm's typical account size is $294.1 million. An average advisor at Nxt Capital Investment Advisers, LLC administers fewer than one client account, placing it among the most individualized firms in the country.

    The company's main office is located at 191 North Wacker Drive, Chicago, Illinois 60606-1615. It is legally allowed to serve clients across 6 states, including California, Florida, Georgia, Illinois, Michigan and Texas.

    Assets Under Management

    $7.1 billion

    Number of Advisors

    43

    Disclosures

    No

    Office Location

    191 North Wacker Drive
    Chicago, IL 60606-1615

    Nxt Capital Investment Advisers, LLC by the Numbers

    Total Assets Under Management

    $7.1 billion

    National Average: $8.6 billion
    Total Number of Employees

    98

    National Average: 64
    Total Number of Accounts

    24

    National Average: 375,227
    Average Account Size

    $294.1 million

    National Average: $23.0 thousand
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    Fee Structure

    Financial advisory fees are based on which services the firm provides the client. Fees billed by Nxt Capital Investment Advisers, LLC likely include some blend of the following fee types: asset-based or performance-based. The firm does not provide a wrap fee program, in which the firm offers a bundle of services for a single fee.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    The firm caters to pooled investment vehicles and insurance companies. Out of its 24 accounts, Nxt Capital Investment Advisers, LLC's biggest client type is pooled investment vehicles. About 45% of its accounts are non-U.S. persons.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Nxt Capital Investment Advisers, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Nxt Capital Investment Advisers, LLC

    Lucas Kowalewski
    Dallas, TX
    Hunter Foreman
    Dallas, TX
    John Bozalis
    Dallas, TX
    Ronald White
    Dallas, TX

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