Nixon Peabody Financial Advisors LLC is a large advisory firm based in Rochester. It manages $176.43 million of regulatory assets for 115 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, District of Columbia, Florida, and 4 other states.
Nixon Peabody Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, and consulting, tax planning & preparation. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Nixon Peabody Financial Advisors LLC is $176.43 million. The firm's AUM has grown by 16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Nixon Peabody Financial Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Nixon Peabody Financial Advisors is high net worth individuals with 26 clients and $65.47 million of assets under management. Among the 9 most similar advisory firms, Nixon Peabody Financial Advisors has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $66.84 million for 43 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.
Nixon Peabody Financial Advisors doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. 2 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.
Todd Philip Mazzo has served as the Chief Investment Officer since 1 Jan 2012. Brian William Mahoney joined the executive team most recently as the Board Member.
The principal office where Nixon Peabody Financial Advisors LLC performs its advisory services is located at 1300 Clinton Square, Rochester, NY 14604, which is also the mailing address of the firm. An additional office of the firm is in Washington, DC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (585) 263-1100 or by fax (866) 399-1269. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at npfa.com.