Next Century Growth Investors LLC is a large advisory firm based in Minneapolis. It manages $767.53 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Delaware, Michigan, Minnesota, and New York.
Next Century Growth Investors provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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 Next Century Growth Investors LLC is $767.53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 49% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Next Century Growth Investors LLC for their services and products based on a percentage of assets under management. 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 investment companies and high net worth individuals. The largest group of clients of Thomas Michael Zoeller is investment companies with 1 clients and $45.4 million of assets under management. Among the 10 most similar advisory firms, Next Century Growth Investors has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $65.62 million for 11 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.
Next Century Growth Investors doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 63 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.
Thomas Michael Zoeller has been acting as President since 1 Mar 1999. James Gardner Govan joined the executive team most recently as the Trustee.
The principal office where Next Century Growth Investors LLC performs its advisory services is located at 5500 Wayzata Blvd, Minneapolis, MN 55416, 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 763-591-4490 or by fax 763-591-4499. The normal business hours are 8:00 a.m. - 5:00p.m. on Monday - Friday.