Nestlerode & Loy, Inc. is a large advisory firm based in State College. It manages $119.1 million of regulatory assets for 444 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Pennsylvania.
Nestlerode & Loy provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Nestlerode & Loy, Inc. is $119.1 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 13% 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 Nestlerode & Loy, Inc. for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. 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 state or municipal government entities. The largest group of clients of Nestlerode & Loy is high net worth individuals with 21 clients and $56.77 million of assets under management. Among the 9 most similar advisory firms, Nestlerode & Loy has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $119.1 million for 217 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.
Nestlerode & Loy doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 60 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 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.
Nestlerode & Loy, Inc. is owned by Daniel Jared Nestlerode. Brian Lee Anderson joined the executive team most recently as the Cfo.
The principal office where Nestlerode & Loy, Inc. performs its advisory services is located at 110 Regent Court, Suite 202, State College, PA 16801 The mailing address of the firm is P.O. Box 343, State College, PA 16804 0343. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 814-238-6249 or by fax 814-234-2432. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at nestlerode.com.