Nvwm LLC (Ewing)

Name: Nvwm LLC
Address: 200 Princeton South Corporate Center, Ewing, NJ, 08628
Telephone: (609) 671-9100

Nvwm LLC is a large advisory firm based in Ewing. It manages $229.6 million of regulatory assets for 839 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Florida, New Jersey, and 3 other states.

Nvwm provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Nvwm: assets under management

The assets under management (AUM) of Nvwm LLC is $229.6 million. The firm's AUM has grown by 100% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $223.78 million in discretionary accounts and $5.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $270.93 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $446.96 thousand.

Nvwm has custody of $20.33 million in cash and securities for 23 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is investment and business development companies, which make up 43% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nvwm LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 Nvwm serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Nvwm is high net worth individuals with 55 clients and $135.03 million of assets under management. Among the 8 most similar advisory firms, Nvwm has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $229.6 million for 328 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.

Nvwm doesn't advise any private funds.

Careers at Nvwm LLC

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Nicholas Vincent Ventura	Managing member, chief compliance officer	1 Nov 2004	75% - 100%	726136

Based in Ewing

The principal office where Nvwm LLC performs its advisory services is located at 200 Princeton South Corporate Center, Ewing, NJ 08628, 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 (609) 671-9100 or by fax (609) 671-9199. The normal business hours are 9 am - 5pm on Monday - Friday. You can find more information about the New York firm at venturaweatlth.com.