Nepc, LLC is a large advisory firm based in Boston. It manages $18.98 billion of regulatory assets for 53 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, Connecticut, Florida, and 14 other states.
Nepc provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Nepc, LLC is $18.98 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 3064% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Nepc, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, charitable organizations, high net worth individuals, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Levon Chertavian is pension and profit sharing plans with 147 clients and $13.44 billion of assets under management. Among the 9 most similar advisory firms, Nepc has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $18.98 billion for 366 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.
Nepc doesn't advise any private funds.
The company employs 275 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
Levon Chertavian has been acting as President since 1 Dec 2007. Douglas Wheeler Moseley joined the executive team most recently as the Partner And Member Of The Executive Committee.
The principal office where Nepc, LLC performs its advisory services is located at 255 State Street, Boston, MA 02109, which is also the mailing address of the firm. An additional office of the firm is in Detroit, MI. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-374-1300 or by fax 617-374-1313. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at nepc.com.