Nb Alternatives Advisers LLC
Answer a few questions and
get matched with an advisor.
Learn more about Nb Alternatives Advisers LLC
Overview
Nb Alternatives Advisers LLC is a financial advisory firm based in Dallas, Texas. The firm handles $104.7 billion in assets under management across 765 client accounts, placing it among the largest financial advisory firms in the United States by assets under management (AUM). The company has a large team, including 165 financial advisors. Nb Alternatives Advisers LLC is not a registered broker-dealer, meaning it 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 tradable financial assets like options, bonds and stocks.
Nb Alternatives Advisers LLC oversees more than half of the firm's client assets on a discretionary basis. Discretionary management is a structure in which buy and sell choices for the client's account are made by an investment advisor without requiring client approval. The firm also manages 36 non-discretionary accounts with a total of $12.0 billion in assets. Nb Alternatives Advisers LLC's typical account size is $137.3 million. An average advisor at Nb Alternatives Advisers LLC oversees around five client accounts, placing it among the most individualized financial advisor firms in the country.
The company's headquarters is located at 325 North Saint Paul Street, Dallas, Texas 75201.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Nb Alternatives Advisers LLC by the Numbers
$104.7 billion
296
765
$136.8 million
Products and Services
Nb Alternatives Advisers LLC offers multiple services, including portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for institutional clients, selection of other advisers and educational seminars. However, the firm did not provide any of its customers with financial planning services in the last fiscal year. It does not sell products or offer services aside from investment advisory services to its investment advisory customers. The company is affiliated with a number of other companies in the financial services industry, including with a broker-dealer or securities dealer, trust company, insurance company or agency and commodity pool advisor.
Core Advisor Services
-
Find a firm that offers this service
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
-
Find a firm that offers this service
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
-
Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
-
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
-
Find a firm that offers this service
Publication of Periodicals
This is the publication of various financial education materials.
-
Offered by 6% of firms
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Fees for financial advice usually vary depending on which services the firm provides the client. Fee types charged by Nb Alternatives Advisers LLC can include any blend of the following fee types: asset-based, fixed or performance-based. The company does not supply a wrap fee program, in which the firm offers a service bundle for a comprehensive fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
-
Offered by 32% of firms
Fixed
Unavailable
Types of Clients
The company works with a number of different investors. The firm provides services to investment companies, pooled investment vehicles, pension plans, insurance companies and corporations. Out of its 765 customers, Nb Alternatives Advisers LLC's biggest client type is pooled investment vehicles. Around 36% of the firm's clients reside abroad.
- 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.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Nb Alternatives Advisers LLC does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.