Nwk Group, Inc. (San Francisco)

Name: Nwk Group, Inc.
Address: 155 Montgomery Street, San Francisco, CA, 94104
Telephone: 415-362-0122

Nwk Group, Inc. is a large advisory firm based in San Francisco. It manages $264.34 million of regulatory assets for 283 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of California.

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

Nwk Group: assets under management

The assets under management (AUM) of Nwk Group, Inc. is $264.34 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 831% since the beginning of its operation, and $498.86 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $264.34 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $934.08 thousand each.

Nwk Group has custody of $54.73 million in cash and securities for 85 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in government bonds the most. They account for 53% of the total AUM. The second-largest asset type is exchange traded securities, which make up 37% of the firm’s portfolio. Investments in investment grade corporate bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nwk Group, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Nwk Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Nwk Group is high net worth individuals with 63 clients and $118.1 million of assets under management. Among the 12 most similar advisory firms, Nwk Group has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $136.83 million for 115 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Nwk Group doesn't advise any private funds.

Careers at Nwk Group, Inc.

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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Marte Robert Werner	General partner	1 Jul 2002	25% - 50%	1926371
James Anthony Kolinos	General partner	1 Jul 2002	25% - 50%	2182482
Nadim Joseph Nahas	General partner/chief compliance officer	1 Jul 2002	25% - 50%	2209210

Based in San Francisco

The principal office where Nwk Group, Inc. performs its advisory services is located at 155 Montgomery Street, San Francisco, CA 94104, 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 415-362-0122 or by fax 415-362-0693. The normal business hours are 7:00am-4:00pm on Monday - Friday. You can find more information about the New York firm at nwkgroup.com.