Nest Investments LLC (Philadelphia)

Nest Investments provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Nest Investments: assets under management

The assets under management (AUM) of Nest Investments LLC is $2.46 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 149% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.46 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $13.09 thousand each.

Nest Investments has custody of $26.81 thousand in cash and securities for 22 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is other assets, which make up 43% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Nest Investments 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.

What kind of clients Nest Investments serves?

The only and largest group of clients of Nest Investments is individuals with 188 clients and $2.46 million of assets under management. Among the 4 most similar advisory firms, Nest Investments has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $2.46 million for 188 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.

Nest Investments doesn't advise any private funds.

Careers at Nest Investments LLC

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 1 indirect owner.

Based in Philadelphia

The principal office where Nest Investments LLC performs its advisory services is located at 1845 Walnut St 22 Nd Floor, Philadelphia, PA 19103, 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 855-2127202 or by fax 215-525-4424. The normal business hours are mon-fri 9-5, sat 9-1 on Other. You can find more information about the New York firm at mybanknestegg.com.

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