Next Coast Ventures, LLC
Answer a few questions and
get matched with an advisor.
Learn more about Next Coast Ventures, LLC
Overview
Next Coast Ventures, LLC operates as an advisory firm that has its headquarters in Austin, Texas. The company controls $396.8 million in assets under management over nine customer accounts, making it one of the larger investment advisory firms in the country by assets under management (AUM). The firm has a small group, including 9 financial advisors. Next Coast Ventures, LLC is not a registered broker-dealer, meaning it cannot buy and sell securities for its accounts and those of its clients and instead has to go through a broker-dealer firm to do so. Securities are defined as tradable financial assets like options, stocks and bonds.
Next Coast Ventures, LLC administers all of its accounts on a discretionary basis. Discretionary management is a structure in which transaction judgments are made by an investment advisor without needing the customer's permission. Next Coast Ventures, LLC administers roughly $44.1 million for every account. The average financial advisor at Next Coast Ventures, LLC oversees around one client account, making it one of the most personalized financial advisor firms in the country.
The company's central office is at 1204 Nueces Street, Austin, Texas 78701. Next Coast Ventures, LLC is permitted to provide services to investors in the state of Texas.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Next Coast Ventures, LLC by the Numbers
$396.8 million
12
9
$44.1 million
Fee Structure
Fees charged by financial advisors typically depend on which service is provided. However, fee types billed by the firm can include the following fee structures: asset-based or performance-based. The firm does not supply a wrap fee program, in which the company offers a bundle of services for a single fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
Next Coast Ventures, LLC caters to pooled investment vehicles. Out of its nine clients, Next Coast Ventures, LLC's largest client type is pooled investment vehicles. None of its accounts 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
Next Coast Ventures, 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.