# Nexpoint Advisors, L.P.

> Nexpoint Advisors, L.P. is an SEC-registered investment advisory firm in Dallas, TX, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 163564
- Filed as: NEXPOINT ADVISORS, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/163564
- AdvisorCensus page: https://advisorcensus.com/firm/nexpoint-advisors-l-p-dallas-tx-163564

## Quick answers

**How is Nexpoint Advisors, L.P. compensated?**
On its Form ADV (Item 5.E, October 2026), Nexpoint Advisors, L.P. reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Nexpoint Advisors, L.P. located?**
Nexpoint Advisors, L.P.'s principal office is in Dallas, TX, according to its Form ADV.

**Is Nexpoint Advisors, L.P. registered with the SEC or a state?**
Nexpoint Advisors, L.P. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 163564.

**How much does Nexpoint Advisors, L.P. manage?**
Nexpoint Advisors, L.P. reports $131,222,345 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Nexpoint Advisors, L.P.'s assets and staff changed since 2021?**
In the Form ADV data for Nexpoint Advisors, L.P.: Regulatory assets under management: $939,824,000 in the October 2021 data and $131,222,345 in the October 2026 data, down 86%. Total employees: 38 in October 2021 and 67 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Nexpoint Advisors, L.P. serve?**
By number of clients on Form ADV Item 5.D: investment companies (1); business development companies (1); pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Nexpoint Advisors, L.P. 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/163564

**What changed in Nexpoint Advisors, L.P.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 22 to 13. Regulatory assets under management went from $181,964,000 to $131,222,345 (-28%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $131,222,345
- Discretionary: $131,222,345
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $29,728,696 |
| Business development companies | 1 | $38,601,039 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $53,875,875 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 1 | $9,016,735 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2012 (14 years)
- Employees: 67 total, 13 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- nexpoint.com
- LinkedIn @nexpoint
- LinkedIn @nexpoint-advisors-l.p

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $939,824,000 | 38 | September 1, 2021 |
| October 2022 | $1,154,159,922 | 30 | March 31, 2022 |
| October 2023 | $115,954,440 | 32 | March 31, 2023 |
| October 2024 | $174,789,000 | 35 | March 29, 2024 |
| October 2025 | $181,964,000 | 41 | March 28, 2025 |
| October 2026 | $131,222,345 | 67 | March 31, 2026 |

Regulatory assets under management: $939,824,000 in the October 2021 data and $131,222,345 in the October 2026 data, down 86%.
Total employees: 38 in October 2021 and 67 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 22 to 13.
- Regulatory assets under management went from $181,964,000 to $131,222,345 (-28%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Nexpoint Advisors, L.P. (CRD 163564): Form ADV filing data as of October 2026.