Nea's Member Benefits Corporation (Gaithersburg)

Name: Nea's Member Benefits Corporation
Address: 900 Clopper Road, Gaithersburg, MD, 20878 1360
Telephone: 301-251-9600

Nea's Member Benefits Corporation is a multi-state adviser based in Gaithersburg. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Nea's Member Benefits Corporation provides publication of newsletters, educational seminars and workshops, and see schedule d miscellaneous. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Nea's Member Benefits Corporation for their services and products based on 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 Andrew Policastro serves?

The only and largest group of clients of Andrew Policastro is individuals with 63,528 clients and $0 of assets under management. Among the 7 most similar advisory firms, Nea's Member Benefits Corporation has the highest percentage of individuals out of all clients.

None of the firm’s clients are foreign persons or businesses.

Nea's Member Benefits Corporation doesn't advise any private funds.

Careers at Nea's Member Benefits Corporation

The company employs 101 people that are either part- or full-time employees. 23 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 50 people 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.

Andrew Policastro has been acting as President since 1 Sep 2013. Amanda Sue Prichard joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
National Education Association	Shareholder	1 Aug 1985	75% - 100%	53-0115260
Al Mance	Director	1 Sep 1999	Other	5061608
William Bjork	Director	1 Sep 2001	Other	5061605
Dennis Bernie Van Roekel	Director	1 Jul 2002	Other	4478110
Lily Eskelsen	Chairman of the board of directors	1 Jul 2002	Other	4600597
Lily Eskelsen Garcia	Director	1 Jul 2002	Other	4600597
Ronald C. Mentzer	Chief financial officer	1 Sep 2003	Other	4478109
Edward Garland Phoebus	Chief executive officer	1 Apr 2004	Other	2668320
Lisa M Sotir	Chief compliance officer, chief legal officer	1 Sep 2005	Other	5061654
Sheridan Pearce	Director	1 Sep 2005	Other	5061609
Terri Sanders	Director	1 Sep 2005	Other	5061612
Susan Kuziak	Director	1 Sep 2005	Other	5061613
Lisa Sotir	Chief legal officer	1 Sep 2005	Other	5061654
Sarah Borgman	Director	1 Nov 2005	Other	5061614
Ronald C. Mentzer	Chief financial officer	1 Nov 2005	Other	4478109
John Charles Wendland	Chief compliance officer	1 Nov 2005	Other	2668322
Thomas A. Dooher	Director	1 Aug 2007	Other	5458978
Maureen A. Honan	Director	1 Nov 2007	Other	5459309
Frank Allen Yates	Director	1 May 2008	Other	1277717
Becky Pringle	Chair of the board of directors	1 Sep 2008	Other	5577004
Kathleen E Griffin	Director	1 Nov 2010	Other	5866865
Leslie Dake	Director	1 Sep 2011	Other	5995469
Michele Yakopcic	Director	1 Sep 2011	Other	5995470
Andrew Policastro	Director	1 Sep 2013	Other	6264546
Rodney Noel Ellis	Director	1 Sep 2013	Other	6264543
Claudette Johns	Director	1 Sep 2013	Other	6264544
Princess Moss	Director	1 Sep 2014	Other	6564503
Lawrence Garcia	Director	1 Sep 2014	Other	6564500
Brent Alan Mckim	Director	1 Oct 2015	Other	6728929
Edward John Richardson	Director	1 Oct 2015	Other	6728935
Mark Simons	Director	1 Oct 2015	Other	6728941
Cecilia Evans	Chief financial officer	1 Sep 2016	Other	6728946
Linda Estrada	Director	1 Oct 2016	Other	6728930
Noel Candelaria	Director	1 Oct 2016	Other	4526163
Amanda Sue Prichard	Director	1 Oct 2017	Other	6918254

Based in Gaithersburg

The principal office where Nea's Member Benefits Corporation performs its advisory services is located at 900 Clopper Road, Gaithersburg, MD 20878 1360, 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 301-251-9600 or by fax 301-527-8210. The normal business hours are 8:45 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at neamb.com.