Nexpoint Advisors, L.P. (Dallas)
Nexpoint Advisors, L.P. is a large advisory firm based in Dallas. It manages $1.22 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Texas.
Nexpoint Advisors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Nexpoint Advisors: assets under management
The assets under management (AUM) of Nexpoint Advisors, L.P. is $1.22 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 74% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in investment and business development companies the most. They account for 100% of the total AUM.Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Nexpoint Advisors, L.P. 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 Ethan Kendall Powell serves?
The firm provides services to investment companies, business development companies, and corporations or other businesses. The largest group of clients of Ethan Kendall Powell is investment companies with 3 clients and $1.06 billion of assets under management. Among the 6 most similar advisory firms, Nexpoint Advisors has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $1.22 billion for 5 clients. None of the firm’s clients are foreign persons or businesses.
Nexpoint Advisors doesn't advise any private funds.
Careers at Nexpoint Advisors, L.P.
The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
Ethan Kendall Powell has been acting as President since 1 May 2012. Dustin David Norris joined the executive team most recently as the Secretary.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 3 indirect owners.Based in Dallas
The principal office where Nexpoint Advisors, L.P. performs its advisory services is located at 300 Crescent Court, Dallas, TX 75201, 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 972-628-4100 or by fax 972-628-4147. The normal business hours are 7am-6pm on Monday - Friday. You can find more information about the New York firm at nexpointadvisors.com.
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