{
  "crd_number": 341851,
  "slug": "nearside-advisors-llc-indianapolis-in-341851",
  "primary_business_name": "NEARSIDE ADVISORS, LLC",
  "legal_name": "NEARSIDE ADVISORS, LLC",
  "dbas": [],
  "city": "Indianapolis",
  "state": "IN",
  "country": "United States",
  "cbsa_code": "26900",
  "metro": {
    "cbsa_code": "26900",
    "common_name": "Indianapolis",
    "msa_name": "Indianapolis-Carmel-Greenwood, IN",
    "path": "/advisors/in/indianapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2026-05-01",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-08-10",
  "carried_forward": false,
  "raum_total": 188582674.0,
  "raum_discretionary": 188582674.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 30927840.0,
      "count": 68
    },
    "high_net_worth_individuals": {
      "raum": 157654834.0,
      "count": 45
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "IN",
    "TX"
  ],
  "websites": [
    "https://nearsideadvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/341851",
  "city_as_filed": "INDIANAPOLIS",
  "url": "https://advisorcensus.com/firm/nearside-advisors-llc-indianapolis-in-341851",
  "display_name": "Nearside Advisors, LLC",
  "summary": "Nearside Advisors, LLC is an SEC-registered investment advisory firm in Indianapolis, IN, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 10, 2026.",
  "citation": "AdvisorCensus. Nearside Advisors, LLC (CRD 341851): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Nearside Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Nearside Advisors, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Nearside Advisors, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated August 10, 2026 states: Up to $500,000: 1.15% a year; $500,001 to $1,000,000: 1.05% a year; $1,000,001 to $3,000,000: 0.95% a year; $3,000,001 to $5,000,000: 0.85% a year; Above $5,000,001: 0.75% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Nearside Advisors, LLC located?",
      "a": "Nearside Advisors, LLC's principal office is in Indianapolis, IN, according to its Form ADV."
    },
    {
      "q": "Is Nearside Advisors, LLC registered with the SEC or a state?",
      "a": "Nearside Advisors, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 341851."
    },
    {
      "q": "How much does Nearside Advisors, LLC manage?",
      "a": "Nearside Advisors, LLC reports $188,582,674 in regulatory assets under management in its Form ADV filing dated August 10, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Nearside Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (68); high net worth individuals (45)."
    },
    {
      "q": "Which custodians does Nearside Advisors, LLC use?",
      "a": "Nearside Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Nearside Advisors, LLC report any disciplinary disclosures?",
      "a": "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/341851"
    },
    {
      "q": "Does Nearside Advisors, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated August 10, 2026 says: \"We do not have a minimum account size requirement.\""
    },
    {
      "q": "What changed in Nearside Advisors, LLC's recent Form ADV filings?",
      "a": "In the September 2026 filing data: Employees performing advisory functions went from 2 to 3. Regulatory assets under management went from $0 to $188,582,674."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Employees performing advisory functions went from 2 to 3.",
        "Regulatory assets under management went from $0 to $188,582,674."
      ]
    },
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated August 10, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $500,000",
        "rate": "1.15%"
      },
      {
        "band": "$500,001 to $1,000,000",
        "rate": "1.05%"
      },
      {
        "band": "$1,000,001 to $3,000,000",
        "rate": "0.95%"
      },
      {
        "band": "$3,000,001 to $5,000,000",
        "rate": "0.85%"
      },
      {
        "band": "Above $5,000,001",
        "rate": "0.75%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $500,000: 1.15% a year",
          "$500,001 to $1,000,000: 1.05% a year",
          "$1,000,001 to $3,000,000: 0.95% a year",
          "$3,000,001 to $5,000,000: 0.85% a year",
          "Above $5,000,001: 0.75% a year"
        ],
        "quotes": [
          "Our standard advisory fee is based on the market value of the assets under management and is calculated as follows:",
          "$0 - $500,000 1.15%",
          "$500,001 - $1,000,000 1.05%",
          "$1,000,001 - $3,000,000 0.95%",
          "$3,000,001 - $5,000,000 0.85%",
          "$5,000,001 and Above 0.75%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "We do not have a minimum account size requirement."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 500000.0,
          "rate_pct": 1.15
        },
        {
          "min": 500001.0,
          "max": 1000000.0,
          "rate_pct": 1.05
        },
        {
          "min": 1000001.0,
          "max": 3000000.0,
          "rate_pct": 0.95
        },
        {
          "min": 3000001.0,
          "max": 5000000.0,
          "rate_pct": 0.85
        },
        {
          "min": 5000001.0,
          "max": null,
          "rate_pct": 0.75
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Our standard advisory fee is based on the market value of the assets under management and is calculated as follows:",
      "$0 - $500,000 1.15%",
      "$500,001 - $1,000,000 1.05%",
      "$1,000,001 - $3,000,000 0.95%",
      "$3,000,001 - $5,000,000 0.85%",
      "$5,000,001 and Above 0.75%",
      "We do not have a minimum account size requirement."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/nearside-advisors-llc-indianapolis-in-341851.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 68,
      "fewer_than_5": false,
      "raum": 30927840.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 45,
      "fewer_than_5": false,
      "raum": 157654834.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/341851",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}