Nbc Securities, Inc. is a large advisory firm based in Birmingham. It manages $1.26 billion of regulatory assets for 4,613 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Nbc Securities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Nbc Securities, Inc. is $1.26 billion. The firm's AUM has grown by 737% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Nbc Securities, Inc. 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, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Victor Eugene Jr Nichol is individuals with 3,703 clients and $968.3 million of assets under management. Among the 9 most similar advisory firms, Nbc Securities has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $1.26 billion for 4,453 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.
Nbc Securities doesn't advise any private funds.
The company employs 80 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 50 employees are registered as investment adviser representatives with the state securities authorities.
There are 5 people 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.
Victor Eugene Jr Nichol has been acting as President since 1 Oct 1994. Doug James Elder joined the executive team most recently as the Svp Sales Manager.
The principal office where Nbc Securities, Inc. performs its advisory services is located at 1927 First Avenue North, Birmingham, AL 35203, 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 800-521-9390 or by fax 205-521-9399. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at nbcsecurities.com/.