Nations Financial Group, Inc. is a large advisory firm based in Cedar Rapids. It manages $1.03 billion of regulatory assets for 4,430 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, Arkansas, California, and 26 other states.
Nations Financial Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Nations Financial Group, Inc. is $1.03 billion. The firm's AUM has grown by 2178% 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 Nations Financial Group, Inc. for their services and products based on a percentage of assets under management and fixed 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, high net worth individuals, and corporations or other businesses. The largest group of clients of Nations Financial Group is individuals with 2,312 clients and $554.85 million of assets under management. Among the 11 most similar advisory firms, Nations Financial Group has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $1.02 billion for 2,586 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.
Nations Financial Group doesn't advise any private funds.
The company employs 57 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 57 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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 receive compensation from other entities for client referrals.
The principal office where Nations Financial Group, Inc. performs its advisory services is located at 4000 River Ridge Drive Ne, Cedar Rapids, IA 52402 7534, which is also the mailing address of the firm. An additional office of the firm is in Fort Collins, CO. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 319-393-9541 or by fax 319-393-3903. The normal business hours are 7:30 to 4:30 on Monday - Friday. You can find more information about the New York firm at nationsfg.com/.