Npb Financial Group, LLC (Burbank)

Name: Npb Financial Group, LLC
Address: 3500 W. Olive Avenue, Burbank, CA, 91505
Telephone: 818-827-7132

Npb Financial Group, LLC is a large advisory firm based in Burbank. It manages $316 million of regulatory assets for 1,151 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alaska, Arizona, California, and 5 other states.

Npb Financial Group provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Npb Financial Group: assets under management

The assets under management (AUM) of Npb Financial Group, LLC is $316 million. The firm's AUM has grown by 311% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $176 million in discretionary accounts and $140 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $291.87 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $255.47 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 40% of the firm’s portfolio. Investments in state and local bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Npb Financial Group, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Neal Edwin Nakagiri serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Neal Edwin Nakagiri is individuals with 1,051 clients and $176 million of assets under management. Among the 11 most similar advisory firms, Npb Financial Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $316 million for 1,151 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.

Npb Financial Group doesn't advise any private funds.

Careers at Npb Financial Group, LLC

The company employs 7 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. 4 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.

Neal Edwin Nakagiri has been acting as President since 1 Aug 2005. James Audy Braziel joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Neal Edwin Nakagiri	President/ceo/chief compliance officer/member-manager/trustee - nakagiri rev fam trst	1 Aug 2005	Other	722534
Nakagiri Rev Living Trust	Member	1 Aug 2005	Other	56-5048075
Gary Koon Cheong Ching	Vice-president and chief financial officer	1 Oct 2005	Other	xxx-xx-xxxx
Shirley Jamil Coria	Chief administrative evp. officer	1 Oct 2005	Other	xxx-xx-xxxx
Mark Steven Pash	Member - manager	1 Apr 2006	25% - 50%	869880
James Hubert Braziel	Member - manager	1 Apr 2006	25% - 50%	29443
Shirley Jamil Coria	Vice-president and chief operating officer	1 May 2006	Other	1111255
Richard Benn Jr Mcfarland	Member/trustee -mcfarland 1980 family trust	1 May 2006	Other	1080626
Albert Bruce Woodward Jr	Member/officer of asset reserves, inc. ttee explorer trust 1/21/05	1 May 2006	Other	705453
Mcfarland 1980 Family Trust	Member	1 May 2006	Other	32-3382161
Asset Reserves Inc Ttee Explorer Trust	Member	1 May 2006	Other	20-8840243
Albert Bruce Jr Woodward	Member	1 May 2006	Other	705453
Leslie Jayne Augustson	Member/trustee - augustson 2003 trust	1 May 2007	Other	731027
Augustson 2003 Trust	Member	1 May 2007	Other	55-0081060
Leslie Jane Augustson	Member	1 May 2007	Other	731027
Norah Magdalena Morrison	Member	1 Aug 2007	Other	1429165
Morrison Rlt Utd 10/02/1990	Member	1 Aug 2007	Other	54-5469703
Cynthia Moyer Macleod	Member	1 Dec 2007	Other	1937283
Macleod Rev Family Trust Dtd 01/13/2004	Member	1 Dec 2007	Other	26-1887068
Llc Seel & Wright	Member	1 May 2008	Other	33-1061006
Llc Wright Financial	Member	1 May 2008	Other	33-1061006
Frank Stewart Chan	Vice-president/chief marketing officer	1 Feb 2013	Other	2549010
James Audy Braziel	Member	1 Jan 2018	Other	2321699

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Maria A. Nakagiri	Trustee	1 Aug 2005	Other	xxx-xx-xxxx
Richard Warren Jr Seel	Member - manager	1 May 2008	Other	811532
Matthew Thomas Wright	Member - manager	1 May 2008	Other	2984888

Based in Burbank

The principal office where Npb Financial Group, LLC performs its advisory services is located at 3500 W. Olive Avenue, Burbank, CA 91505, which is also the mailing address of the firm. An additional office of the firm is in Encino, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 818-827-7132 or by fax 818-450-0898. The normal business hours are 8:30am - 4:30pm on Monday - Friday. You can find more information about the New York firm at npbfg.com.