Nvwm LLC is a large advisory firm based in Ewing. It manages $229.6 million of regulatory assets for 839 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Florida, New Jersey, and 3 other states.
Nvwm provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
Nvwm: assets under management
The assets under management (AUM) of Nvwm LLC is $229.6 million. The firm's AUM has grown by 100% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $223.78 million in discretionary accounts and $5.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $270.93 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $446.96 thousand.
Nvwm has custody of $20.33 million in cash and securities for 23 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is investment and business development companies, which make up 43% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.
