NATIONS FINANCIAL GROUP, INC.
Adviser information for NATIONS FINANCIAL GROUP, INC. last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Iowa, United States |
Employees
| Total Number of Employees | 83 |
|---|---|
| Investment Advisory/Research | 83 |
| Registered Broker-Dealer Representatives | 81 |
| Registered State Investment Advisers | 83 |
| Licensed Agents of an Insurance Company | 64 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 6,633 | $2.4B |
| Non-Discretionary | 3,224 | $1.0B |
| Total | 9,857 | $3.4B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 4,130 | $1.2B |
| HNW Individuals | 1,197 | $2.0B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 16 | $48.6M |
| Charitable organizations | 17 | $22.3M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 21 | $105.2M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMFixed fees |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 1.1B |
| Both for Same | 1.7B |
| Portfolio Manager to Program | Sponsor |
|---|---|
| PRIVATE INVESTMENT MANAGEMENT (PIM) | WELLS FARGO |
| NFGI WRAP PROGRAM | NATIONS FINANCIAL GROUP, INC. |
| CUSTOM CHOICE | WELLS FARGO |
| ASSET ADVISOR | WELLS FARGO |
Identifiers
| SEC RIA File Number | 801-57407 |
|---|---|
| SEC ERA File Number | 801-57407 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 44181 |
| Legal Entity Identifier | None |
Principal Office
3925 FOUNTAINS BLVD NESUITE 200
CEDAR RAPIDS
IA
United States
Monday - Friday, 7:30 TO 4:30
Tel: 319-393-9541, Fax: 319-393-3903
Chief Compliance Officer
BRENDA BUSH
3925 FOUNTAINS BLVD NE
SUITE 200
CEDAR RAPIDS
IA
United States
Tel:
319-393-9541
Fax:
319-393-3903
B****@************M
(Full email address available in API data)
Regulatory Contact
ANGELA SCHRAD
COMPLIANCE CONSULTANT
6554 S. SYCAMORE ST.
LITTLETON
CO
United States
Tel:
3035221907
S******@**************************M
(Full email address available in API data)
Industry Affiliates
| THE WEHRHEIM GROUP | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BENNETT, RICHARD SCOTT | Individual | – | PRESIDENT - CFO | 01/1998 | < 5% |
| CAIRNEY, STEPHEN MICHAEL | Individual | – | CHIEF OPERATING OFFICER | 03/2017 | < 5% |
| BJORSETH, ERIK JOHN | Individual | – | CHIEF GROWTH OFFICER | 01/2014 | < 5% |
| NFGI HOLDING CORPORATION | Domestic Entity | – | HOLDING CORPORATION | 01/2014 | > 75% |
| BENNETT, RICHARD SCOTT | Individual | NFGI HOLDING CORPORATION | SHAREHOLDER | 01/2014 | > 75% |
| BUSH, BRENDA MARIE | Individual | – | CHIEF COMPLIANCE OFFICER | 06/2021 | < 5% |