Nicholas Investment Partners, L.P. is a large advisory firm based in Rancho Santa Fe. It manages $1.3 billion of regulatory assets for 29 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California and Florida.
Nicholas Investment Partners provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Nicholas Investment Partners, L.P. is $1.3 billion. The firm's AUM has grown by 379% 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 Nicholas Investment Partners, L.P. for their services and products based on a percentage of assets under management and performance-based 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.
The firm provides services to investment companies, charitable organizations, high net worth individuals, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Nicholas Investment Partners is state or municipal government entities with 5 clients and $456.66 million of assets under management. Among the 12 most similar advisory firms, Nicholas Investment Partners has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $1.28 billion for 26 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.
Nicholas Investment Partners also advises several private funds. Namely, two hedge funds and one other private fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.
The company employs 15 people that are either part- or full-time employees. 47 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Nicholas Investment Partners, L.P. performs its advisory services is located at 6451 El Sicomoro Street, Rancho Santa Fe, CA 92067 The mailing address of the firm is Po Box 9267, Rancho Santa Fe, CA 92067. An additional office of the firm is in Douglas, WY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 858-759-4545 or by fax 858-756-6542. The normal business hours are 7am to 4pm on Monday - Friday. You can find more information about the New York firm at nicpartners.com.