Henrickson Nauta Wealth Advisors, Inc. (Belmont)


Henrickson Nauta Wealth Advisors, Inc. is a large advisory firm based in Belmont. It manages $307.35 million of regulatory assets for 968 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, Georgia, and Michigan.

Henrickson Nauta Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and family office services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Henrickson Nauta Wealth Advisors: assets under management

The assets under management (AUM) of Henrickson Nauta Wealth Advisors, Inc. is $307.35 million. The firm's AUM has grown by 91% since the beginning of its operation, and $807.56 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $293.17 million in discretionary accounts and $14.18 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $339.32 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $136.33 thousand.
Henrickson Nauta Wealth Advisors has custody of $63.98 million in cash and securities for 35 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 65% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 14% of the firm’s portfolio. Investments in exchange traded securities form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Henrickson Nauta Wealth Advisors, Inc. 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 Henrickson Nauta Wealth Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Henrickson Nauta Wealth Advisors is high net worth individuals with 93 clients and $251.73 million of assets under management. Among the 11 most similar advisory firms, Henrickson Nauta Wealth Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $303.2 million for 276 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Henrickson Nauta Wealth Advisors doesn't advise any private funds.

Careers at Henrickson Nauta Wealth Advisors, Inc.

The company employs 9 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 5 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Douglas Allen Henrickson Owner, president 1 Jul 2006 75% - 100% 869607
Jeffery Dean Nauta Owner, chief compliance officer 1 Sep 2010 25% - 50% 4828935

Based in Belmont

The principal office where Henrickson Nauta Wealth Advisors, Inc. performs its advisory services is located at 2325 Belmont Center Dr. Ne, Belmont, MI 49306, 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 616-361-9308 or by fax 616-361-9370. The normal business hours are 8am - 5pm est on Monday - Friday. You can find more information about the New York firm at hnwealthadvisors.com.