Nixon Peabody Financial Advisors LLC (Rochester)

Name: Nixon Peabody Financial Advisors LLC
Address: 1300 Clinton Square, Rochester, NY, 14604
Telephone: (585) 263-1100

Nixon Peabody Financial Advisors LLC is a large advisory firm based in Rochester. It manages $176.43 million of regulatory assets for 115 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, District of Columbia, Florida, and 4 other states.

Nixon Peabody Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, and consulting, tax planning & preparation. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Nixon Peabody Financial Advisors: assets under management

The assets under management (AUM) of Nixon Peabody Financial Advisors LLC is $176.43 million. The firm's AUM has grown by 16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Nixon Peabody Financial Advisors has custody of $142.41 million in cash and securities for 16 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is investment and business development companies, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nixon Peabody Financial Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Nixon Peabody Financial Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Nixon Peabody Financial Advisors is high net worth individuals with 26 clients and $65.47 million of assets under management. Among the 9 most similar advisory firms, Nixon Peabody Financial Advisors has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $66.84 million for 43 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Nixon Peabody Financial Advisors doesn't advise any private funds.

Careers at Nixon Peabody Financial Advisors LLC

The company employs 9 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Todd Philip Mazzo has served as the Chief Investment Officer since 1 Jan 2012. Brian William Mahoney joined the executive team most recently as the Board Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nixon Peabody Llp	Owner	1 Aug 2000	75% - 100%	16-0764720
Jr. G. Joseph Votava	Ceo, president, board member	1 Aug 2000	Other	4472957
Jason P. Torres	Chief compliance officer	1 Jun 2005	Other	2365001
Thomas M. Farace	Vp, coo, board member	1 Feb 2007	Other	2676599
E. Thomas O'hara	Chief investment officer, board member	1 Feb 2007	Other	5209148
Richard T. Bentley	Treasurer, board member	1 Feb 2007	Other	4777178
Stephen G. Green	Secretary, board member	1 Feb 2007	Other	5296136
Jr. G. Joseph Votava	Chief compliance officer	1 Aug 2009	Other	4472957
Lawrence F. Dooley	Board member, secretary	1 Oct 2009	Other	2376082
Scott Michael Lefebre	Board member	1 Oct 2009	Other	5487787
Deborah Lynn Anderson	President and board member	1 Feb 2010	Other	5764315
Michael Scott Canfield	Chief compliance officer	1 Feb 2010	Other	5756156
Thomas M. Farace	President, ceo, board member	1 Feb 2010	Other	2676599
Thomas Michael Farace	President, ceo, board member	1 Feb 2010	Other	2676599
Michael Alan Tullio	Chief operating officer & board member	1 Mar 2010	Other	5764310
Michael Alan Tullio	Chief compliance officer	1 May 2010	Other	5764310
Wayne Patrick Leggiadro	Board member	1 Jan 2012	Other	2263358
Anthony T Selvaggio	Board member	1 Jan 2012	Other	6029827
Todd Philip Mazzo	Chief investment officer	1 Jan 2012	Other	6177281
Adam Henry Brunner	Board member	1 Apr 2012	Other	6058325
Andrea Marie Ells	Chief executive officer, chief investment officer and board member	1 Oct 2013	Other	6263051
Mary Margaret Paul	Secretary and director of adminstration	1 Jan 2015	Other	6447507
Thomas Michael Farace	Chief compliance officer	1 Jan 2015	Other	2676599
Adam Henry Brunner	Chief compliance officer	1 May 2015	Other	6058325
Daniel Norris Jones	Vice president and board member	1 May 2015	Other	5103145
Daniel Norris Jones	Chief compliance officer	1 Jul 2015	Other	5103145
Brian William Mahoney	Board member	1 Aug 2015	Other	4963166

Based in Rochester

The principal office where Nixon Peabody Financial Advisors LLC performs its advisory services is located at 1300 Clinton Square, Rochester, NY 14604, which is also the mailing address of the firm. An additional office of the firm is in Washington, DC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (585) 263-1100 or by fax (866) 399-1269. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at npfa.com.