Nachman Melvyn Henry (Thousand Oaks)


Nachman Melvyn Henry is a large advisory firm based in Thousand Oaks. It manages $353.45 million of regulatory assets for 1,857 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Nevada, and 3 other states.

Nachman Melvyn Henry provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Nachman Melvyn Henry: assets under management

The assets under management (AUM) of Nachman Melvyn Henry is $353.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 299% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $353.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $190.34 thousand each.
Nachman Melvyn Henry has custody of $553.6 thousand in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 54% of the total AUM. The second-largest asset type is exchange traded securities, which make up 36% of the firm’s portfolio. Investments in government bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nachman Melvyn Henry 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.

What kind of clients Nachman Melvyn Henry serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Nachman Melvyn Henry is high net worth individuals with 106 clients and $202.83 million of assets under management. Among the 8 most similar advisory firms, Nachman Melvyn Henry has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $353.45 million for 665 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.

Nachman Melvyn Henry doesn't advise any private funds.

Careers at Nachman Melvyn Henry

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Melvyn Henry Nachman Chief compliance officer/sole proprietor 1 Feb 2000 75% - 100% 344386
Nachman Melvyn Henry Owner 1 Feb 2000 75% - 100% 109561

Based in Thousand Oaks

The principal office where Nachman Melvyn Henry performs its advisory services is located at 100 East Thousand Oaks Blvd,, Thousand Oaks, CA 91360, 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 805-446-4601 or by fax 805-446-1199. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at professionalplanning.com.