Nb Alternatives Advisers LLC is a large advisory firm based in Dallas. It manages $68.33 billion of regulatory assets for 611 client accounts. It has been registered with the SEC as an adviser since 2009.
Nb Alternatives Advisers provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and educational seminars and workshops. 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 Nb Alternatives Advisers LLC is $68.33 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2796% since the beginning of its operation, and $33.12 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Nb Alternatives Advisers LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, investment companies, and pooled investment vehicles. The largest group of clients of John Paul Buser is pooled investment vehicles with 582 clients and $65.82 billion of assets under management. Among the 10 most similar advisory firms, Nb Alternatives Advisers has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $67.47 billion for 606 clients. 35% of the firm’s clients are foreign persons or businesses.
Nb Alternatives Advisers also advises several private funds. Namely, fourteen hedge funds and one hundred thirty one private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $701,851,170.
The company employs 186 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. 60 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
John Paul Buser has been acting as President since 1 Feb 2009. Mark Daniel Salzberg joined the executive team most recently as the Chief Compliance Officer.
The principal office where Nb Alternatives Advisers LLC performs its advisory services is located at 325 North Saint Paul Street, Dallas, TX 75201, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 214-647-9500 or by fax 214-853-9369. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at nb.com.