National Investment Services, Inc (Milwaukee)

Name: National Investment Services, Inc
Address: 777 E. Wisconsin Avenue, Milwaukee, WI, 53202 5310
Telephone: 414-765-1980

National Investment Services, Inc is a large advisory firm based in Milwaukee. It manages $7.22 billion of regulatory assets for 536 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Illinois, and 15 other states.

National Investment Services provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

National Investment Services: assets under management

The assets under management (AUM) of National Investment Services, Inc is $7.22 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 301% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $7.22 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $13.48 million each.

National Investment Services has custody of $3.29 billion in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 49% of the total AUM. The second-largest asset type is other assets, which make up 31% of the firm’s portfolio. Investments in government bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay National Investment Services, Inc for their services and products based on a percentage of assets under management and performance-based 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 Robert Patrick Brooks serves?

The firm provides services to individuals, charitable organizations, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Robert Patrick Brooks is pension and profit sharing plans with 189 clients and $5.82 billion of assets under management. Among the 10 most similar advisory firms, National Investment Services has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $7.22 billion for 381 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.

National Investment Services also advises several private funds. Namely, four hedge funds and eight other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at National Investment Services, Inc

The company employs 38 people that are either part- or full-time employees. 37 percent of the employees work as investment advisers or researchers. 11 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Robert Patrick Brooks has been acting as President since 1 Dec 2000. Tyler James Pullen joined the executive team most recently as the Chief Equity Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Larry Harold Haslee	Vice president, chief compliance officer	1 Jan 1994	Other	4373801
Robert Emmett Kelly	Chairman	1 Jan 1994	50% - 75%	4373780
Robert John Siefert	President	1 Sep 1995	Other	736513
William Christopher Rogalinski	Vice president	1 Mar 1996	Other	1590973
Enoch Carver	Senior vice president	1 Jul 1997	Other	717131
Barbara Shalla	Assistant vice president	1 Aug 1998	Other	1438114
Barbara Schalla	Assistant vice president	1 Aug 1998	Other	1438114
Jeffrey Fredrick Parker	Assistant vice president	1 Jan 2000	Other	2186537
Norman Edward Sidler	Vice president	1 Feb 2000	Other	2259087
Robert Patrick Brooks	Chief executive officer/director	1 Dec 2000	Other	4373806
Kent Jay White	Senior vice president, chief investment officer	1 Dec 2000	Other	2542227
Kent White	Executive vice president	1 Dec 2000	Other	2542227
Mark Robert Anderson	Assistant vice president	1 Jan 2001	Other	4381132
Mark Fredrick Anderson	Assistant vice president	1 Jan 2001	Other	4381132
Jerry Edward Gretzinger	Vice president	1 Mar 2002	Other	1219751
Barbara Ann Schalla	Vice president	1 Jan 2004	Other	1438114
Jeffrey Fredrick Parker	Vice president	1 Jan 2004	Other	2186537
George Laverne Hudspeth	Vice president	1 Jan 2004	Other	4385619
Jason Christopher Berrie	Vice president	1 Jan 2006	Other	4743839
Don M. Mcconnell	Assistant vice president	1 Jan 2006	Other	5117309
Norman Edward Sidler	Senior vice president	1 Jan 2007	Other	2259087
Titanium Asset Management Corporation	Direct owner	1 Apr 2007	75% - 100%	20-844031
Nis Holdings Corporation	Direct owner	1 Jul 2014	75% - 100%	47-1203888
Norman Edward Sidler	Principal/managing partner	1 Jul 2014	Other	2259087
Bartlett Joseph Mccartin	Principal/managing partner	1 Jul 2014	Other	6176288
John P Fremgen	Principal/managing partner	1 Jul 2014	Other	6375359
Nis Holding Corporation	Direct owner	1 Jul 2014	75% - 100%	47-1203888
Larry Harold Haslee	Chief compliance officer	1 Jul 2014	Other	4373801
Tyler James Pullen	Vp- chief equity officer	1 Jan 2015	Other	5783527
Scott Orile Van Lith	Chief financial officer	1 Jan 2017	Other	6777451
Tyler James Pullen	Chief equity officer	1 Jul 2017	Other	5783527
Scott Orile Van Lith	Chief financial officer	1 Jul 2017	Other	6777451

Indirect Owners

The SEC currently registers 18 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Clal Finance Ltd.	Shareholder	1 May 2007	50% - 75%	foreign
Clal Insurance Enterprises Holdings Ltd	Shareholder	1 May 2007	75% - 100%	foreign
Idb Development Corporation Ltd	Shareholder	1 May 2007	50% - 75%	foreign
Idb Holding Corporation Ltd	Shareholder	1 May 2007	50% - 75%	foreign
Ganden Holdings Ltd	Shareholder	1 May 2007	25% - 50%	foreign
Nochi Dankner	Shareholder	1 May 2007	50% - 75%	5440186
Nochi Nmi Dankner	Shareholder	1 May 2007	50% - 75%	5440186
Llc Tamco Holdings	Shareholder	1 Dec 2012	50% - 75%	46-1508006
Llc Nis Acquisition	Shareholder	1 Dec 2012	25% - 50%	46-1523598
Llc Boyd Tamco Holdings	Shareholder	1 Dec 2012	25% - 50%	46-1554716
Llc Nis Acquisition	Shareholder	1 Oct 2013	50% - 75%	46-1523598
Llc Boyd Tamco Holdings	Shareholder	1 Oct 2013	50% - 75%	46-1554716
Llc Tamco Intermediary	Shareholder	1 Oct 2013	75% - 100%	46-4015071
Robert Patrick Brooks	Ceo -managing partner	1 Jul 2014	Other	4373806
Kent Jay White	Managing partner	1 Jul 2014	Other	2542227
George Rusu	Non employee managing partner	1 Jul 2014	Other	6629708
Jason Christopher Berrie	Co-chief investment officer	1 Jul 2014	Other	4743839
Mark Robert Anderson	Chief strategy officer	1 Jul 2014	Other	4381132

Based in Milwaukee

The principal office where National Investment Services, Inc performs its advisory services is located at 777 E. Wisconsin Avenue, Milwaukee, WI 53202 5310 The mailing address of the firm is Po Box 3110, Milwaukee, WI 53201 3110. 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 414-765-1980 or by fax 414-765-1998. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at nisi.net.