National Investment Services, Inc is a large advisory firm based in Milwaukee. It manages $7.22 billion of regulatory assets for 536 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Illinois, and 15 other states.
National Investment Services 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.
The assets under management (AUM) of National Investment Services, Inc is $7.22 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 301% 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 National Investment Services, Inc 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.
The firm provides services to individuals, charitable organizations, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Robert Patrick Brooks is pension and profit sharing plans with 189 clients and $5.82 billion of assets under management. Among the 10 most similar advisory firms, National Investment Services has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $7.22 billion for 381 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.
National Investment Services also advises several private funds. Namely, four hedge funds and eight other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.
The company employs 38 people that are either part- or full-time employees. 37 percent of the employees work as investment advisers or researchers. 11 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Robert Patrick Brooks has been acting as President since 1 Dec 2000. Tyler James Pullen joined the executive team most recently as the Chief Equity Officer.
The principal office where National Investment Services, Inc performs its advisory services is located at 777 E. Wisconsin Avenue, Milwaukee, WI 53202 5310 The mailing address of the firm is Po Box 3110, Milwaukee, WI 53201 3110. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 414-765-1980 or by fax 414-765-1998. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at nisi.net.