Nextier Financial Advisors, Inc. (Bethesda)


Nextier Financial Advisors, Inc. is a large advisory firm based in Bethesda. It manages $39.72 million of regulatory assets for 40 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Maryland and Virginia.

Nextier Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Nextier Financial Advisors: assets under management

The assets under management (AUM) of Nextier Financial Advisors, Inc. is $39.72 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 19% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $39.72 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $992.93 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nextier Financial Advisors, Inc. 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.

Careers at Nextier Financial Advisors, Inc.

Brian Ross Lipton has been acting as President since 1 Jul 1993. Chartered Lang Group joined the executive team most recently as the Corporation.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Brian Ross Lipton President 1 Jul 1993 Other 4555187
Robert Neal Cohen Vp - director 1 Jul 1998 Other 2545855
Chartered Lang Group Corporation 1 Jul 2000 75% - 100% 521167534

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Andrew Lang Shareholder 1 Jul 2000 50% - 75% 4555206

Based in Bethesda

The principal office where Nextier Financial Advisors, Inc. performs its advisory services is located at 7101 Wisconsin Avenue, Bethesda, MD 20814, 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 301-984-8437 or by fax 301-770-6556. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at www.nextieradvisors.com.