Donald W. Nicholson & Associates Ltd (Wilmington)

Name: Donald W. Nicholson & Associates Ltd
Address: 1403 Silverside Rd, Wilmington, DE, 19810
Telephone: 302-529-1500

Donald W. Nicholson & Associates Ltd is a large advisory firm based in Wilmington. It manages $148.6 million of regulatory assets for 164 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Delaware, Louisiana, New Jersey, Pennsylvania, and Texas.

Donald W. Nicholson & Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Donald W. Nicholson & Associates: assets under management

The assets under management (AUM) of Donald W. Nicholson & Associates Ltd is $148.6 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 90% of the total AUM. The second-largest asset type is exchange traded securities, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Donald W. Nicholson & Associates Ltd for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Donald William Nicholson serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Donald William Nicholson is high net worth individuals with 47 clients and $109.65 million of assets under management. Among the 8 most similar advisory firms, Donald W. Nicholson & Associates has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $146.06 million for 160 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.

Donald W. Nicholson & Associates doesn't advise any private funds.

Careers at Donald W. Nicholson & Associates Ltd

The company employs 4 people that are either part- or full-time employees. 50 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.

Donald William Nicholson has been acting as President since 1 Nov 1987. Mary Lynn Nicholson joined the executive team most recently as the Secretary/Treasurer/Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Donald William Nicholson	President/director, chief compliance officer	1 Nov 1987	75% - 100%	1024239
Mary Lynn Nicholson	Secretary/treasurer/director	1 Nov 1987	Other	4379962

Based in Wilmington

The principal office where Donald W. Nicholson & Associates Ltd performs its advisory services is located at 1403 Silverside Rd, Wilmington, DE 19810, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 302-529-1500 or by fax 302-529-0474. The normal business hours are 7:30 am - 6:30 pm on Monday - Friday. You can find more information about the New York firm at nicholson-associates.com and its LinkedIn profile.