Nexpoint Advisors, L.P. (Dallas)


Nexpoint Advisors, L.P. is a large advisory firm based in Dallas. It manages $1.22 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Texas.

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Nexpoint Advisors provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Nexpoint Advisors: assets under management

The assets under management (AUM) of Nexpoint Advisors, L.P. is $1.22 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 74% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $1.22 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $243.43 million each.
Nexpoint Advisors has custody of $1.05 billion in cash and securities for 1 client in total and its related person acts as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Nexpoint Advisors, L.P. 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 Ethan Kendall Powell serves?

The firm provides services to investment companies, business development companies, and corporations or other businesses. The largest group of clients of Ethan Kendall Powell is investment companies with 3 clients and $1.06 billion of assets under management. Among the 6 most similar advisory firms, Nexpoint Advisors has the highest percentage of investment companies out of all clients.


The amount of regulatory assets under management is $1.22 billion for 5 clients. None of the firm’s clients are foreign persons or businesses.

Nexpoint Advisors doesn't advise any private funds.

Careers at Nexpoint Advisors, L.P.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Ethan Kendall Powell has been acting as President since 1 May 2012. Dustin David Norris joined the executive team most recently as the Secretary.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Scott Byron Ellington Chief legal officer 1 Mar 2012 Other 5907639
Llc Nexpoint Advisors Gp General partner 1 Mar 2012 Other 38-3871152
The Dugaboy Investment Trust Limited partner 1 Mar 2012 75% - 100% 75-2716725
Patrick Glenn Boyce Treasurer 1 Mar 2012 Other 3091924
Thomas Joseph Surgent Secretary 1 Mar 2012 Other 5983586
Alan Jeffrey Head Chief compliance officer 1 Mar 2012 Other 2901785
Raymond Joseph Dougherty President 1 Mar 2012 Other 5023647
Ethan Kendall Powell President 1 May 2012 Other 6067295
Frank George Waterhouse Treasurer 1 Jun 2012 Other 2960256
Brian Dale Mitts Evp 1 Aug 2012 Other 6097491
Brian Dale Mitts Secretary 1 Oct 2012 Other 6097491
Thomas Joseph Surgent Chief compliance officer 1 Sep 2014 Other 5983586
James David Dondero President 1 May 2015 Other 2477893
Jason Post Chief compliance officer 1 Sep 2015 Other 4212337
Robert Jason Post Chief compliance officer 1 Sep 2015 Other 6561819
Dustin David Norris Secretary 1 Dec 2015 Other 6624477
Dustin David Norris Secretary 1 Oct 2017 Other 6624477
Lee Blackwell Parker Evp 1 Oct 2017 Other 3147084

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
James David Dondero President/shareholder 1 Mar 2012 75% - 100% 2477893
Grant James Scott Trustee 1 Aug 2015 75% - 100% 5393940
Nancy Marie Dondero Trustee 1 Oct 2015 Other 6570440

Based in Dallas

The principal office where Nexpoint Advisors, L.P. performs its advisory services is located at 300 Crescent Court, Dallas, TX 75201, 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 972-628-4100 or by fax 972-628-4147. The normal business hours are 7am-6pm on Monday - Friday. You can find more information about the New York firm at nexpointadvisors.com.