search

NBW Capital Review

computer Visit Site phone 617-482-2222 print Print Report

NBW Capital, registered in 2008, serves 15 state(s) with a licensed staff of 4 advisors. NBW Capital manages $495.4 million and provides investment advisory services for 268 clients (1:67 advisor/client ratio).



Firm Information


Summary Firm
Minimum Investment Ask firm
Average Client Balance $1,848,580
Total AUM $495.4 million
Fee Range Ask firm
Advisor / Client Ratio 1:67
Languages Offered Ask firm
Specialities Ask firm
Website Visit Site
Phone Number 617-482-2222
Headquarters Boston, MA
Locations See locations
Facebook Ask firm
Twitter Ask firm
LinkedIn Ask firm
SEC Filings View SEC IAPD CRD #147306


Disciplinary Questions


After checking the disciplinary records of NBW Capital, our system found no disciplinary questions to ask. Checks take place monthly.



Conflict Questions


After checking the regulatory records of NBW Capital, our system has identified the following question(s) to ask. Learn more.


Does NBW Capital offer mutual funds that have 12b-1 fees?


12b-1 fees increase the total annual cost of owning a mutual fund with no guarantee of higher returns. Some firms receive these fees as payments, which creates an incentive to promote them.


Does NBW Capital offer products that have performance-based fees, or does it accept performance-based fees? Will any of my assets be invested in those products?


When performance-based fees are charged, the financial advisor is paid for outperforming a benchmark, typically an index. While this may seem like an attractive compensation structure to ensure your advisor is making your money work for you, often, the managers of those products are incentivized to take inappropriate risks to beat their performance benchmark. For instance, research has shown that mutual funds that use incentive fees take on more risk that funds that do not, and tend to double down and increase their risk following a poor performance. This could be detrimental to a client during down markets.


Does NBW Capital perform side-by-side management? How does NBW Capital mitigate conflicts that arise from managing accounts with differing fee structures?


This typically occurs when firms manage mutual funds or hedge funds alongside smaller retail accounts. Side-by-side management can create an incentive for the advisor to favor the larger funds, potentially leading to unequal trading costs and unfavorable trade executions for their retail clients.


Does NBW Capital accept soft-dollar benefits? How do these benefits affect the firm’s selection of a broker-dealer partner?


NBW Capital receives soft-dollar benefits that could incentivize them to push trades through broker-dealers that provide advantages to the firm instead of through broker-dealers that could provide the best trade execution for their clients.


Which securities does NBW Capital trade for itself that it will also be recommending to me?


NBW Capital has marked in their disclosures that they trade recommended securities. While this often can be seen as "eating your own cooking," there are several inherent conflicts that can arise. For example, front running is when a financial professional buys or sell securities ahead of their client. In short, any financial professional should disclose all positions they hold (or have sold short) that they will also be recommending to you.


Our system found no other conflict questions to ask. Checks take place monthly.



Was this helpful?

Yes or No





Disciplinary History


An important aspect of the Trust Algorithm is processing the SEC Form ADV Part 1 filing of each Registered Investment Advisor (RIA). “Item 11 Disclosure Information” contains a list of valuable disclosures that are relevant for Americans.

As identified in SEC Form ADV Part 1, Item 11 “Disclosure Information”, the Trust Algorithm identified the following disciplinary disclosures for NBW Capital:




Cost


Unfortunately, there is no single, uniform pricing standard for working with a financial advisor. Catchphrases, including "fee-only," can be helpful; however, Americans often get confused with competitors promoting "fee-based" in response. To learn more, explore our series of articles about what financial advisors do and what it may cost to work with one, as well as what their titles mean and how to make a smart choice.

Ultimately, to understand the underlying costs of advisory services, we always recommend asking for an itemized fees breakdown and reading the firm's ADV Part 2 Brochure (Item 5, "Fees and Compensation").


View Fee Disclosures




FAQs





Other Firms





This automated report was generated using SEC and FINRA data and was last updated on November 4th, 2022*. For data support, email "support@investor.com". Firms that receive a 4.5 or 5-star rating are considered Trusted by investor.com. Learn more.


*SEC data last verified 11/04/2022. For the most up-to-date information, please view the applicable SEC and FINRA reports above. By visiting these sites, you are subject to their terms of use (IAPD, BrokerCheck). Any data inaccuracies, please contact our team. All requests for updated information should also be reported directly to the SEC and/or FINRA.


Firm’s/Financial Professional’s investor.com profile pages may contain certain limited information directly provided to investor.com by the Firm/Financial Professional including, by way of example only, the “Personal Bio,” “Certifications,” and/or “Investment Philosophy” portions of the profile page. With respect to such information, investor.com cannot and does not independently verify, audit, validate, assess or guarantee the adequacy, accuracy, or completeness of such information; such information is not included or otherwise incorporated within investor.com’s Trust Score algorithm or review process.


"Trusted by investor.com" status is reserved to those financial advisor firms meeting investor.com's strict requirements, beginning with earning no less than a 4.5 to 5 -star rating based on investor.com’s independent Trust algorithm analysis.


Firms having met these requirements may further elect to participate in the investor.com Certification program for an annual fee paid to investor.com. Qualified participating firms must abide by investor.com Certification program’s terms and conditions when utilizing an awarded "Trusted by investor.com" badge, as well as in connection with permitted enhancements to the firm's investor.com profile page.


Participation in the Certification program, including the payment of an annual fee to investor.com, does not guarantee or in any way bias investor.com's decision to award "Trusted by investor.com" status and "Trusted by investor.com" status shall not constitute or be construed as an endorsement of any firm by investor.com. As a consumer advocacy project, investor.com does not charge any licensing fees for earned state accolade badges.