AdvisorCensus / Financial advisors / Maine / Bangor / Nelson Capital Advisors
Nelson Capital Advisors
Filed as NELSON CAPITAL ADVISORS · Legal name Nelson Enterprises LLC
Nelson Capital Advisors is an SEC-registered investment advisory firm in Bangor, ME, registered since 2023, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated February 21, 2026.
Quick answers
From the filingHow is Nelson Capital Advisors compensated?
On its Form ADV (Item 5.E, October 2026), Nelson Capital Advisors reports these compensation arrangements: hourly charges; fixed fees (other than subscription fees); other.
Where is Nelson Capital Advisors located?
Nelson Capital Advisors' principal office is in Bangor, ME, according to its Form ADV.
Is Nelson Capital Advisors registered with the SEC or a state?
Nelson Capital Advisors is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 307706.
How much does Nelson Capital Advisors manage?
Nelson Capital Advisors reports $1,358,292,666 in regulatory assets under management in its Form ADV filing dated February 21, 2026 (0% discretionary).
How have Nelson Capital Advisors' assets and staff changed since 2023?
In the Form ADV data for Nelson Capital Advisors: Regulatory assets under management: $188,400,659 in the October 2023 data and $1,358,292,666 in the October 2026 data, up 621%. Total employees: 1 in October 2023 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Nelson Capital Advisors serve?
By number of clients on Form ADV Item 5.D: banking or thrift institutions (6).
Does Nelson Capital Advisors 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/307706
Does Nelson Capital Advisors state an account minimum?
Its Form ADV Part 2A brochure dated February 21, 2026 says: "There are no minimum investment amounts or conditions required for establishing an account managed by Nelson Capital Advisors. However, all clients are required to execute an agreement for services in order to establish a client arrangement with Nelson Capital Advisors."
What changed in Nelson Capital Advisors' recent Form ADV filings?
In the March 2026 filing data: Regulatory assets under management went from $1,517,551,970 to $1,358,292,666 (-10%). Registered or notice-filed in TX.
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- Hourly charges
- 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 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: None
The brochure's wording
There are no minimum investment amounts or conditions required for establishing an account managed by Nelson Capital Advisors. However, all clients are required to execute an agreement for services in order to establish a client arrangement with Nelson Capital Advisors.
As stated in the firm's Form ADV Part 2A brochure dated February 21, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,358,292,666 as of October 2026, filing dated February 21, 2026.
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- Portfolio management for businesses (other than small businesses) or institutional clients
- Other
Registration and firm details
Items 1, 2, 5- Legal name
- Nelson Enterprises LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2023 (3 years)
- Employees
- Total: 1. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
2 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 | $1,358,292,666 | 1 | February 21, 2026 |
| October 2025 | $1,517,551,970 | 1 | March 14, 2025 |
| October 2024 | $197,575,676 | 1 | February 24, 2024 |
| October 2023 | $188,400,659 | 1 | July 17, 2023 |
Regulatory assets under management: $188,400,659 in the October 2023 data and $1,358,292,666 in the October 2026 data, up 621%.
Total employees: 1 in October 2023 and 1 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- March 2026
- Regulatory assets under management went from $1,517,551,970 to $1,358,292,666 (-10%).
- Registered or notice-filed in TX.
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. Nelson Capital Advisors (CRD 307706): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/nelson-capital-advisors-bangor-me-307706