Nationwide Investment Advisors, LLC (Columbus)

Nationwide Investment Advisors, LLC is a large advisory firm based in Columbus. It manages $7.09 billion of regulatory assets for 189,223 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Nationwide Investment Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Nationwide Investment Advisors: assets under management

The assets under management (AUM) of Nationwide Investment Advisors, LLC is $7.09 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 425% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $7.09 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $37.45 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 85% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in pooled investment vehicles form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Nationwide Investment Advisors, LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients William George Goslee serves?

The firm provides services to individuals and pension and profit sharing plans. The largest group of clients of William George Goslee is individuals with 189,188 clients and $7.02 billion of assets under management. Among the 8 most similar advisory firms, Nationwide Investment Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $7.09 billion for 189,223 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.

Nationwide Investment Advisors doesn't advise any private funds.

Careers at Nationwide Investment Advisors, LLC

The company employs 430 people that are either part- or full-time employees. 84 percent of the employees work as investment advisers or researchers. 361 employees are registered as investment adviser representatives with the state securities authorities.

There are 89 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 don’t receive compensation from other entities for client referrals.

William George Goslee has been acting as President since 1 May 2006. Keith Donald Wild joined the executive team most recently as the Vice President And Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William George Goslee	President	1 May 2006	Other	2671834
Timothy Gerard Frommeyer	Manager	1 May 2006	Other	2704356
William Steven Jackson	Manager	1 May 2006	Other	1349523
Keith Ivory Millner	Manager	1 May 2006	Other	5013455
Mark David Phelan	Manager	1 May 2006	Other	4845374
Gail Gladys Snyder	Manager	1 May 2006	Other	5243878
Carol Ann Baldwin Moody	Chief compliance officer	1 Sep 2006	Other	4520459
Nationwide Life Insurance Company	Member	1 Oct 2006	75% - 100%	31-4156830
Thomas Edward Barnes	Vice president and secretary	1 Oct 2006	Other	4564872
James David Benson	Vice president and treasurer	1 Oct 2006	Other	4600092
Roger A Craig	Vice president and division general counsel	1 Oct 2006	Other	4434156
Glenn Warren Soden	Associate vice president and assistant secretary	1 Oct 2006	Other	4292731
Karen Ruth Colvin	Vice president	1 Oct 2006	Other	2774805
Scott A Englehart	Vice president	1 Oct 2006	Other	2115156
Michael E. Funck	Assistant treasurer	1 Oct 2006	Other	5244140
Charles Edwin Riley	Vice president	1 Oct 2006	Other	4162122
James P Benson	Vice president and treasurer	1 Oct 2006	Other	4600092
John Laughlin Carter	Manager	1 Dec 2006	Other	1462908
Terry Caroll Smetzer	Assistant treasurer	1 May 2007	Other	2755250
Kathy Rose Richards	Associate vice president and secretary	1 Oct 2007	Other	4869371
Thomas Edward Barnes	Sr. vice president and asst secretary	1 Oct 2007	Other	4564872
Eric Shawn Henderson	Manager	1 Feb 2008	Other	5396185
Peter Raymond Salvator	President	1 Mar 2008	Other	2239137
Mark Edward Hartman	Assistant secretary	1 Jan 2009	Other	5637359
Kevin Ray Haddad	Chief compliance officer	1 Jan 2009	Other	1415289
Terry Caroll Smetzer	Associate vice president and assistant treasurer	1 Jun 2009	Other	2755250
Michael Scott Spangler	President and manager	1 Jun 2009	Other	3156142
Stephen Timothy Grugeon	Executive vice president, coo and manager	1 Jun 2009	Other	1260891
Lynnett Kay Berger	Senior vice president, cio and manager	1 Jun 2009	Other	4687324
Rita Elizabeth Tholt	Chief compliance officer	1 Nov 2009	Other	2194696
Anne Louise Arvia	Manager	1 Mar 2011	Other	5780045
Keith Lawrence Sheridan	Vice president and treasurer	1 May 2011	Other	4480018
Parag H Shah	Associate vice president and assistant secretary	1 Dec 2012	Other	6152279
John Laughlin Carter	Manager	1 May 2013	Other	1462908
Harold Charles Schafer	President and manager	1 Jan 2015	Other	2938386
Steven C Cooney	Manager	1 Jan 2015	Other	5192601
James Jay Rabenstine	Chief compliance officer	1 Apr 2015	Other	2025566
Kevin G. O'brien	Vice president & treasurer	1 Jul 2015	Other	6544097
James Kent Cameron	Manager	1 Apr 2018	Other	2531201
Keith Donald Wild	Vice president and treasurer	1 Nov 2018	Other	6030237

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Nationwide Mutual Insurance Company	Shareholder	1 Oct 1969	75% - 100%	31-4177100
Nationwide Corp	Shareholder	1 Nov 1996	75% - 100%	31-4416546
Inc. (Nfs) Nationwide Financial Services	Shareholder	1 Jan 1997	75% - 100%	31-1486870

Based in Columbus

The principal office where Nationwide Investment Advisors, LLC performs its advisory services is located at 10 West Nationwide Blvd, Columbus, OH 43215, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 614-435-8371 or by fax 855-380-4611. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday.