{
  "crd_number": 317477,
  "slug": "nexadvisors-llc-dallas-tx-317477",
  "primary_business_name": "NEXADVISORS, LLC",
  "legal_name": "NEXADVISORS, LLC",
  "dbas": [],
  "city": "Dallas",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "19100",
  "metro": {
    "cbsa_code": "19100",
    "common_name": "Dallas",
    "msa_name": "Dallas-Fort Worth-Arlington, TX",
    "path": "/advisors/tx/dallas"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-12-15",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-05-05",
  "carried_forward": false,
  "raum_total": 26130723.0,
  "raum_discretionary": 26130723.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 4,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 20421229.0,
      "count": 4,
      "fewer_than_5": true
    },
    "corporations_other_businesses": {
      "raum": 5709494.0,
      "count": 2,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "CA",
    "TX"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/317477",
  "city_as_filed": "DALLAS",
  "url": "https://advisorcensus.com/firm/nexadvisors-llc-dallas-tx-317477",
  "display_name": "Nexadvisors, LLC",
  "summary": "Nexadvisors, LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2021, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated May 5, 2026.",
  "citation": "AdvisorCensus. Nexadvisors, LLC (CRD 317477): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Nexadvisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Nexadvisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges."
    },
    {
      "q": "What does Nexadvisors, LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Up to $2,000,000: 1% a year; $2,000,000 to $5,000,000: 0.8% a year; $5,000,000 to $10,000,000: 0.6% a year; Above $10,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Nexadvisors, LLC located?",
      "a": "Nexadvisors, LLC's principal office is in Dallas, TX, according to its Form ADV."
    },
    {
      "q": "Is Nexadvisors, LLC registered with the SEC or a state?",
      "a": "Nexadvisors, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 317477."
    },
    {
      "q": "How much does Nexadvisors, LLC manage?",
      "a": "Nexadvisors, LLC reports $26,130,723 in regulatory assets under management in its Form ADV filing dated May 5, 2026 (100% discretionary)."
    },
    {
      "q": "How have Nexadvisors, LLC's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Nexadvisors, LLC: Regulatory assets under management: $307,150 in the October 2022 data and $26,130,723 in the October 2026 data, up 8407%. Total employees: 3 in October 2022 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Nexadvisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (4); corporations or other businesses not listed above (2)."
    },
    {
      "q": "Which custodians does Nexadvisors, LLC use?",
      "a": "Nexadvisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Axos Clearing LLC, Goldman Sachs Custody Solutions and Pershing LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Nexadvisors, 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/317477"
    },
    {
      "q": "Does Nexadvisors, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"The Registrant generally requires clients to have a minimum of $250,000.00 in investable assets per household to provide investment advisory services.\""
    },
    {
      "q": "What changed in Nexadvisors, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $21,270,000 to $26,130,723 (+23%)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 307150.0,
      "total_employees": 3,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 256857.0,
      "total_employees": 3,
      "filing_date": "2023-07-14"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 16278095.0,
      "total_employees": 3,
      "filing_date": "2024-06-07"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 21270000.0,
      "total_employees": 3,
      "filing_date": "2025-04-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 26130723.0,
      "total_employees": 4,
      "filing_date": "2026-05-05"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $21,270,000 to $26,130,723 (+23%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "tiers": [
      {
        "band": "Up to $2,000,000",
        "rate": "1%"
      },
      {
        "band": "$2,000,000 to $5,000,000",
        "rate": "0.8%"
      },
      {
        "band": "$5,000,000 to $10,000,000",
        "rate": "0.6%"
      },
      {
        "band": "Above $10,000,000",
        "rate": null,
        "note": "Not stated in this schedule; see the brochure."
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$250,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $2,000,000: 1% a year",
          "$2,000,000 to $5,000,000: 0.8% a year",
          "$5,000,000 to $10,000,000: 0.6% a year",
          "Above $10,000,000: see the brochure"
        ],
        "quotes": [
          "Fee Schedule: Clients pay tiered annual management fees quarterly in arrears based on their aggregate account balance as of the commencement of each quarter.",
          "$0-2 million 1.00%, annually, or a minimum of $2,500\n$2-5 million 0.80%, annually\n$5-10 million 0.60%, annually"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250,000"
        ],
        "quotes": [
          "The Registrant generally requires clients to have a minimum of $250,000.00 in investable assets per household to provide investment advisory services."
        ]
      }
    ],
    "quotes": [
      "Fee Schedule: Clients pay tiered annual management fees quarterly in arrears based on their aggregate account balance as of the commencement of each quarter.",
      "$0-2 million 1.00%, annually, or a minimum of $2,500\n$2-5 million 0.80%, annually\n$5-10 million 0.60%, annually",
      "The Registrant generally requires clients to have a minimum of $250,000.00 in investable assets per household to provide investment advisory services."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Axos Clearing LLC",
      "name_as_filed": "AXOS CLEARING LLC",
      "affiliated": false
    },
    {
      "name": "Goldman Sachs Custody Solutions",
      "name_as_filed": "GOLDMAN SACHS CUSTODY SOLUTIONS",
      "affiliated": false
    },
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "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/nexadvisors-llc-dallas-tx-317477.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 4,
      "fewer_than_5": true,
      "raum": 20421229.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": true,
      "raum": 5709494.0
    }
  ],
  "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/317477",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}