Nisa Investment Advisors, LLC

CRD#107313
Investment Advisor Firm

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Learn more about Nisa Investment Advisors, LLC

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

    • Overview

    Nisa Investment Advisors, LLC operates as a financial advisory firm based in Saint Louis, Missouri. It controls $277.3 billion in assets throughout 216 client accounts, placing it among the largest investment advisory firms in the nation by assets under management (AUM). Nisa Investment Advisors, LLC has a large group, including 182 financial advisors. Nisa Investment Advisors, LLC is not a registered broker-dealer, meaning the advisor is not able to buy and sell securities for its clients' and own accounts and instead must go through a broker-dealer company to do so. Securities are defined as exchangable financial assets like bonds, options and equities.

    Nisa Investment Advisors, LLC manages the majority of its client assets on a discretionary basis. Discretionary management is a structure in which a portfolio manager makes buy and sell choices without requiring client consent. Nisa Investment Advisors, LLC also oversees two non-discretionary accounts with a total of $6.4 billion in assets. The firm oversees about $1.3 billion in assets for each account. An average financial advisor at Nisa Investment Advisors, LLC manages around one client account, placing it among the most individualized advisor firms in the country.

    The company's headquarters is located at 101 South Hanley Road Suite 1700, Saint Louis, Missouri 63105-3787. Nisa Investment Advisors, LLC is legally allowed to provide services to customers throughout a few states, including California, Connecticut, Illinois, Missouri, New York, Pennsylvania, Texas and Wisconsin.

    Assets Under Management

    $277.3 billion

    Number of Advisors

    182

    Disclosures

    No

    Office Location

    101 South Hanley Road Suite 1700
    Saint Louis, MO 63105-3787

    Nisa Investment Advisors, LLC by the Numbers

    Total Assets Under Management

    $277.3 billion

    National Average: $8.6 billion
    Total Number of Employees

    383

    National Average: 64
    Total Number of Accounts

    216

    National Average: 375,227
    Average Account Size

    $1.3 billion

    National Average: $23.0 thousand
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    Fee Structure

    Fees charged by financial advisors are based on the type of financial services offered. However, fee types charged by the firm most likely are comprised of some blend of the following fee structures: asset-based, fixed, performance-based or other. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by the company.

    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.

    • Offered by 32% of firms

      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.

    • Offered by 10% of firms

      Other

      Show Explanation

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

    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.

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    Types of Clients

    Nisa Investment Advisors, LLC manages money for a number of different customers. It caters to pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, insurance companies, corporations and other. Out of its 216 customers, Nisa Investment Advisors, LLC's largest client type is pension plans. Just 3% of the company's customers are from outside of the U.S.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 96.28%
    • Charitable Organizations - 3.72%

    * 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

    Nisa Investment Advisors, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Nisa Investment Advisors, LLC

    James Hobbs
    Saint Louis, MO
    Brendan Normile
    Saint Louis, MO
    Stephen Douglass
    Saint Louis, MO
    Mark Hasemeier
    Saint Louis, MO
    Ryan Henrichs
    Saint Louis, MO
    Mitchell Zitsbank
    Saint Louis, MO
    Alexander Matthew
    Saint Louis, MO
    Luke Obholz
    Saint Louis, MO
    Michael Williams
    Saint Louis, MO

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