Nfc Investments, LLC (Memphis)


Nfc Investments, LLC is a large advisory firm based in Memphis. It manages $1.37 billion of regulatory assets for 154 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Arizona, California, and 9 other states.

Nfc Investments provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Nfc Investments: assets under management

The assets under management (AUM) of Nfc Investments, LLC is $1.37 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1153% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.37 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.89 million each.
Nfc Investments has custody of $140.34 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 34% of the total AUM. The second-largest asset type is exchange traded securities, which make up 31% of the firm’s portfolio. Investments in state and local bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nfc Investments, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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 Nfc Investments serves?

The firm provides services to insurance companies, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Nfc Investments is insurance companies with 11 clients and $631.07 million of assets under management. Among the 12 most similar advisory firms, Nfc Investments has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $1.36 billion for 148 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.

Nfc Investments also advises several private funds. Namely, two hedge funds, one other private fund, and one private equity fund. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Nfc Investments, LLC

The company employs 7 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


Name Entity Date acquired Ownership Employer ID
Charles Kyle Slatery Chief executive officer; president; chief investment officer; member 1 Jun 2004 50% - 75% 1024580
Herbert Harrison Slatery Secretary 1 Jun 2004 Other 1557712
William Van Thompson Executive vice president; chief compliance officer; secretary; member 1 Jan 2006 Other 4384681
James Arthur Haslam Member 1 Aug 2007 Other 5497778
William Edward Haslam Member 1 Aug 2007 Other 1771804
Emmel Bernhardt Golden Vice president; member 1 Jan 2010 Other 4733174
Haslam Blind Trust Member 1 Jan 2011 Other 27-7011715
Susan Bagwell Haslam Member 1 Jul 2014 Other 6711564
William Edward Haslam Member 1 Jun 2019 Other 1771804
Daniel Tyler Butts Vice president; member 1 Jun 2019 Other 5216636

Based in Memphis

The principal office where Nfc Investments, LLC performs its advisory services is located at 510 South Mendenhall, Memphis, TN 38117, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 901-767-5576 or by fax 901-767-1301. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at nfcinvestments.com.