Nelson Roberts Investment Advisors, LLC (Menlo Park)

Name: Nelson Roberts Investment Advisors, LLC
Address: 545 Middlefield Road, Menlo Park, CA, 94025
Telephone: (650) 322-4000

Nelson Roberts Investment Advisors, LLC is a large advisory firm based in Menlo Park. It manages $515.95 million of regulatory assets for 595 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Colorado, Texas, and Washington.

Nelson Roberts Investment Advisors 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 less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Nelson Roberts Investment Advisors: assets under management

The assets under management (AUM) of Nelson Roberts Investment Advisors, LLC is $515.95 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 229% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $515.95 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $867.14 thousand each.

Nelson Roberts Investment Advisors has custody of $505 million in cash and securities for 180 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 44% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% of the firm’s portfolio. Investments in government bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nelson Roberts Investment Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Brooks Phillips Nelson serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Brooks Phillips Nelson is high net worth individuals with 175 clients and $483.4 million of assets under management. Among the 9 most similar advisory firms, Nelson Roberts Investment Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $494.9 million for 190 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.

Nelson Roberts Investment Advisors doesn't advise any private funds.

Careers at Nelson Roberts Investment Advisors, LLC

The company employs 9 people that are either part- or full-time employees. 78 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Brooks Phillips Nelson has been acting as President since 1 Dec 2003. Stephen Patrick Philpott joined the executive team most recently as the Member And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brooks Phillips Nelson	President	1 Dec 2003	50% - 75%	1258532
Brian Patrick Roberts	Member	1 May 2004	25% - 50%	4458697
Stephen Patrick Philpott	Member and chief compliance officer	1 Jan 2006	Other	3195871

Based in Menlo Park

The principal office where Nelson Roberts Investment Advisors, LLC performs its advisory services is located at 545 Middlefield Road, Menlo Park, CA 94025, 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 (650) 322-4000 or by fax 650 322-4002. The normal business hours are 7:30am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at nelsonroberts.com and its LinkedIn profile.