Nestlerode & Loy, Inc. (State College)

Name: Nestlerode & Loy, Inc.
Address: 110 Regent Court, Suite 202, State College, PA, 16801
Telephone: 814-238-6249

Nestlerode & Loy, Inc. is a large advisory firm based in State College. It manages $119.1 million of regulatory assets for 444 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Pennsylvania.

Nestlerode & Loy provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Nestlerode & Loy: assets under management

The assets under management (AUM) of Nestlerode & Loy, Inc. is $119.1 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $119.1 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $268.24 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is investment and business development companies, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nestlerode & Loy, Inc. for their services and products based on a percentage of assets under management and hourly charges. 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 Nestlerode & Loy serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and state or municipal government entities. The largest group of clients of Nestlerode & Loy is high net worth individuals with 21 clients and $56.77 million of assets under management. Among the 9 most similar advisory firms, Nestlerode & Loy has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $119.1 million for 217 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.

Nestlerode & Loy doesn't advise any private funds.

Careers at Nestlerode & Loy, Inc.

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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.

Nestlerode & Loy, Inc. is owned by Daniel Jared Nestlerode. Brian Lee Anderson joined the executive team most recently as the Cfo.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Jared Nestlerode	Owner	1 Sep 1965	25% - 50%	346594
Judy Lynne Loy	Ceo	1 Jul 1996	50% - 75%	2249019
Jody Marie Sharer	Chief compliance officer	1 Jun 2009	Other	4494606
Brian Lee Anderson	Cfo	1 Jan 2010	Other	4525228

Based in State College

The principal office where Nestlerode & Loy, Inc. performs its advisory services is located at 110 Regent Court, Suite 202, State College, PA 16801 The mailing address of the firm is P.O. Box 343, State College, PA 16804 0343. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 814-238-6249 or by fax 814-234-2432. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at nestlerode.com.