Nardis Advisors LLC is a large advisory firm based in Scarsdale. It manages $90.57 million of regulatory assets for 284 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of New Jersey, New York, and Texas.
Nardis Advisors provides portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as expert witness for law firms and consulting.
The assets under management (AUM) of Nardis Advisors LLC is $90.57 million. The firm's AUM has grown by 13% since the beginning of its operation, and $13.9 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Nardis Advisors LLC 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Nardis Advisors is high net worth individuals with 51 clients and $69.89 million of assets under management. Among the 11 most similar advisory firms, Nardis Advisors has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $83.73 million for 89 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 15% of the firm’s clients are foreign persons or businesses.
Nardis Advisors doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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 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.
The principal office where Nardis Advisors LLC performs its advisory services is located at 2 Overhill Road, Scarsdale, NY 10583, 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 914-997-0403 or by fax 914-358-0048. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at nardisadvisors.com.