Nexbank Securities, Inc. (Dallas)

Name: Nexbank Securities, Inc.
Address: 300 Crescent Court, Dallas, TX, 75201
Telephone: 972-419-2500

Nexbank Securities, Inc. is a related adviser based in Dallas. It manages $1.75 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Texas.

Nexbank Securities 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.

Nexbank Securities: assets under management

The assets under management (AUM) of Nexbank Securities, Inc. is $1.75 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.75 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $583.67 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 74% of the total AUM. The second-largest asset type is exchange traded securities, which make up 13% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Nexbank Securities, Inc. 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 Craig Lewis Campbell serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Craig Lewis Campbell is high net worth individuals with 0 clients and $1.47 million of assets under management. Among the 5 most similar advisory firms, Nexbank Securities has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.75 million for 0 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.

Nexbank Securities doesn't advise any private funds.

Careers at Nexbank Securities, Inc.

The company employs 5 people that are either part- or full-time employees. 20 percent of the employees work as investment advisers or researchers. 3 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.

Craig Lewis Campbell has been acting as President since 1 Mar 2014. Stacy Malinda Hodges joined the executive team most recently as the Finop.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Nexbank Capital	Stockholder	1 May 2006	75% - 100%	75-2963969
Craig Lewis Campbell	President	1 Mar 2014	Other	4021263
David Eric Holt	Chief compliance officer and amlo	1 Oct 2014	Other	2426935
Brian Dale Mitts	Finop	1 Dec 2014	Other	6097491
Stacy Malinda Hodges	Finop	1 Dec 2017	Other	2544755

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Trustee Of The Voting Trust Agreement Grant Scott	Shareholder	1 Dec 2012	50% - 75%	14-0421858
Trustee Of The Slhc Trust Grant Scott	Shareholder	1 Dec 2012	50% - 75%	14-0421858
Grant James Scott	Trustee	1 Jan 2013	50% - 75%	xxx-xx-xxxx

Based in Dallas

The principal office where Nexbank Securities, Inc. 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 972-419-2500. The normal business hours are 7am-6pm on Monday - Friday. You can find more information about the New York firm at nexbankwealth.com/.