AdvisorCensus / Financial advisors / District of Columbia / Washington / NEA Member Benefits
NEA Member Benefits is an SEC-registered investment advisory firm in Gaithersburg, MD, registered since 2005, with no regulatory assets under management reported in its Form ADV filing dated July 29, 2026.
Quick answers
From the filingHow is NEA Member Benefits compensated?
On its Form ADV (Item 5.E, October 2026), NEA Member Benefits reports these compensation arrangements: fixed fees (other than subscription fees); other.
Where is NEA Member Benefits located?
NEA Member Benefits' principal office is in Gaithersburg, MD, according to its Form ADV.
Is NEA Member Benefits registered with the SEC or a state?
NEA Member Benefits is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 138196.
How have NEA Member Benefits' assets and staff changed since 2021?
In the Form ADV data for NEA Member Benefits: Total employees: 101 in October 2021 and 86 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does NEA Member Benefits serve?
By number of clients on Form ADV Item 5.D: other (103,368).
Does NEA Member Benefits report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/138196
What changed in NEA Member Benefits' recent Form ADV filings?
In the December 2025 filing data: Employees performing advisory functions went from 22 to 19. Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- Fixed fees (other than subscription fees)
- Other
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated November 19, 2025) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.FNot reported.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Publication of periodicals or newsletters
- Educational seminars/workshops
- Other
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2005 (20 years)
- Employees
- Total: 86. Performing investment advisory functions: 19.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
51 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | Not reported | 86 | July 29, 2026 |
| October 2025 | Not reported | 93 | November 14, 2024 |
| October 2024 | Not reported | 94 | November 16, 2023 |
| October 2023 | Not reported | 99 | November 16, 2022 |
| October 2022 | Not reported | 103 | November 10, 2021 |
| October 2021 | Not reported | 101 | November 25, 2020 |
Total employees: 101 in October 2021 and 86 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- December 2025
- Employees performing advisory functions went from 22 to 19.
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. NEA Member Benefits (CRD 138196): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/nea-member-benefits-gaithersburg-md-138196