Nfp Retirement Inc. (Aliso Viejo)


Nfp Retirement Inc. is a large advisory firm based in Aliso Viejo. It manages $56.74 billion of regulatory assets for 2,281 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Alabama, Arizona, California, and 16 other states.

Nfp Retirement provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and research reports on 401(k) plans. It prepares financial plans for more than 50 clients. On top of advisory services, the firm also engages as plan administrative software.

Nfp Retirement: assets under management

The assets under management (AUM) of Nfp Retirement Inc. is $56.74 billion. The firm's AUM has grown by 80% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.89 billion in discretionary accounts and $50.85 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.65 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $50.2 million.

Investments

The firm invests in investment and business development companies the most. They account for 99% of the total AUM. The second-largest asset type is exchange traded securities, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nfp Retirement Inc. 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 Nicholas Dominic Dellavedova serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Nicholas Dominic Dellavedova is pension and profit sharing plans with 1,231 clients and $56.46 billion of assets under management. Among the 8 most similar advisory firms, Nfp Retirement has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $56.74 billion for 2,281 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.

Nfp Retirement doesn't advise any private funds.

Careers at Nfp Retirement Inc.

The company employs 162 people that are either part- or full-time employees. 48 percent of the employees work as investment advisers or researchers. 78 employees are registered as investment adviser representatives with the state securities authorities.

There are 54 people 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.

Nicholas Dominic Dellavedova has been acting as President since 1 Mar 2005. Jeffrey Scott Elvander has served as the Chief Investment Officer since 1 Jan 2006. Blake Alan Bjordahl joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Vincent Joseph Giovinazzo Ceo 1 Dec 2002 Other 1645246
Nicholas Dominic Dellavedova President 1 Mar 2005 Other 2884873
Jami Ann Chapman Chief operations officer 1 Jan 2006 Other 4082795
Veronica Diane Lee Senior vice president 1 Jan 2006 Other 3108984
Jeffrey Scott Elvander Chief investment officer 1 Jan 2006 Other 4898447
Veronica Diane Paredes Senior vice president 1 Jan 2006 Other 3108984
Jeffrey S. Elvander Chief investment officer 1 Jan 2006 Other 4898447
Nfp Corp. Shareholder 1 Jul 2006 75% - 100% 13-4029115
Lori Michell Lieser Vice president 1 Jul 2006 Other 2131475
Joel Barry Shapiro Vp erisa compliance 1 Jan 2009 Other 5104448
Brett Ronald Schneider Director 1 Jan 2009 Other 5636953
Joel B. Shapiro Vp erisa compliance 1 Jan 2009 Other 5104448
Jeffrey James Groves Chief compliance officer 1 Feb 2012 Other 2252184
Blake Alan Bjordahl Chief compliance officer 1 Apr 2019 Other 1716189

Indirect Owners

The SEC currently registers 11 indirect owners.

Name Entity Date acquired Ownership Employer ID
L.P. Madison Dearborn Capital Partners Vi A Owner 1 Jul 2013 75% - 100% 26-1274415
L.P. Madison Dearborn Partners Vi A&C General partner 1 Jul 2013 Other 26-1267403
Llc Madison Dearborn Partners General partner 1 Jul 2013 Other 157349
Nfp Intermediate Holdings B. Corp. Owner 1 Jul 2013 75% - 100% 46-2704384
Nfp Intermediate Holdings A. Corp. Owner 1 Jul 2013 75% - 100% 46-2723281
Llc Nfp Holdings Owner 1 Jul 2013 75% - 100% 30-0781325
Patriot Intermediate Holdings B Corp Owner 1 Jul 2013 75% - 100% 46-2704384
Patriot Intermediate Holdings A Corp Owner 1 Jul 2013 75% - 100% 46-2723281
Patriot Investment Holdings Llc Owner 1 Jul 2013 75% - 100% 30-0781325
Llc Nfp Parent Co Owner 1 Oct 2014 75% - 100% 47-1953275
Llc Nfp Ultimate Holdings Owner 1 Feb 2017 75% - 100% 81-5114348

Based in Aliso Viejo

The principal office where Nfp Retirement Inc. performs its advisory services is located at 120 Vantis, Aliso Viejo, CA 92656, which is also the mailing address of the firm. An additional office of the firm is in West Chester, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 949-460-9898 or by fax 949-460-9893. The normal business hours are 8:30am - 4:30pm on Monday - Friday. You can find more information about the New York firm at 401kadvisors.com.