Ntb Financial Corporation (Centennial)


Ntb Financial Corporation is a large advisory firm based in Centennial. It manages $217.21 million of regulatory assets for 957 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, Colorado, and 13 other states.

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

Ntb Financial Corporation: assets under management

The assets under management (AUM) of Ntb Financial Corporation is $217.21 million. The firm's AUM has gone down by -6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $185.79 million in discretionary accounts and $31.42 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $236.37 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $183.77 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 51% of the total AUM. The second-largest asset type is investment and business development companies, which make up 27% of the firm’s portfolio. Investments in other assets form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ntb Financial Corporation for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Ntb Financial Corporation serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Ntb Financial Corporation is high net worth individuals with 49 clients and $106.68 million of assets under management. Among the 8 most similar advisory firms, Ntb Financial Corporation has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $217.21 million for 957 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.

Ntb Financial Corporation doesn't advise any private funds.

Careers at Ntb Financial Corporation

The company employs 44 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. 12 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 receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Robert Leal Parrish Board member 1 May 1977 Other 357134
William Ben Jr Miller Vice president,rosfp 1 Oct 2000 Other 1035354
Timothy Christopher Jordan Vice president 1 Nov 2001 Other 2446542
Michael John Morgan Executive vp, managing director 1 Dec 2010 25% - 50% 1437315
Regina Lee Roesener Executive vp, managing director,secretary 1 Dec 2010 25% - 50% 1937783
Anthony Benedict Petrelli President, chairman, managing director 1 Dec 2010 25% - 50% 809169
Timothy Alan Beauchamp Vice president of operations 1 Jul 2013 Other 2387630
Stacie R Craddock Vice president, cco 1 Jul 2014 Other 4317581
Salvador Chomie Auday Senior vp sales 1 Sep 2014 Other 1266893
Anthony Benedict Petrelli Chief financial officer, president 1 Jun 2016 25% - 50% 809169
Estate Of Robert Leal Parrish Estate of robert leal parrish 1 Aug 2017 Other 82-6487188
Michael J Parrish Executor - personal representative 1 Aug 2017 Other xxx-xx-xxxx
Scott Trenham Gillespie Cco 1 Nov 2018 Other 1154921
Lori Kent Galligan Chief financial officer, finop 1 Nov 2018 Other 1172134

Based in Centennial

The principal office where Ntb Financial Corporation performs its advisory services is located at 9540 South Maroon Circle, Centennial, CO 80112, which is also the mailing address of the firm. An additional office of the firm is in Northfield, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 303-825-1825 or by fax 303-825-3789. The normal business hours are 7:30 am to 3:00 pm on Monday - Friday. You can find more information about the New York firm at ntbinc.com.