Accolades for the firm include being named one of the fastest-growing RIA firms in Oregon by Citywire and a top RIA by Financial Advisor Magazine
PORTLAND, Ore., August 15, 2022--(BUSINESS WIRE)--tru Independence, a national independent advisory partnership platform that acts as the fiduciary to fiduciary advisors by providing financial advisors with choice in how they choose their independence, congratulates its partner firm NBC Capital Advisors for recently being ranked among Citywire RIA’s fastest-growing firms in Oregon and being named one of the top registered investment advisors (RIAs) in the country in the $500 million to less than $1 billion category this year, according to Financial Advisor Magazine.
NBC Capital Advisors joined tru Independence in 2020. Financial Advisor Magazine noted NBC Capital Advisors’ client numbers increased by nearly 16 percent from 2020 to 2021, and its assets per client grew more than 13 percent. The firm ended 2021 with $515 million in assets under management (AUM).
"tru Independence understands what it means to be our partner. It’s the combination of human capital, technology and business solutions like being the compliance officer for our firm, handling billing or making sure we have a robust cybersecurity offering; tru makes it easy for us to focus on client service by providing a platform for growth," explained David Nanson, one of NBC Capital Advisors’ two partners. "At NBC Capital Advisors, we’ve always prided ourselves on our customer service and strong client communication, which are both more important than ever during periods of volatility like what we’re experiencing now."
Portfolios at NBC Capital Advisors are created using the firm’s proprietary wealth management process for preserving and enhancing wealth. Utilizing a holistic and comprehensive view of each client’s financial life, the firm’s four team members design clients’ personalized financial and investment strategies based on their life goals in a cost-effective manner. NBC Capital Advisors takes a proactive advising approach which makes the appropriate modifications to its clients’ portfolios based on the changing market and macro-economic environment, remaining in constant contact with their clients.
"One of the reasons why we have achieved rapid growth is because of the development of and adherence to our strict process for portfolio management and financial plans," said Jason Bratt, NBC Capital Advisors’ second partner. "We also ensure that our client communication is straightforward and conveyed in terms that clients can understand."
Nanson noted that the firm’s growth momentum is still on a healthy path of acceleration, despite the volatile markets, as the firm has a strong pipeline of prospective clients.
"We are so proud of the growth that NBC Capital Advisors has achieved to date and look forward to all they will accomplish as they continue to provide excellent client service and top-notch financial and investment plans for their clients," said Amit Dogra, President of tru Independence. "At tru Independence, we work with our partners individually to create the tailored business that best suits them and their clients because we are advisor-driven, not model-driven. NBC Capital Advisors’ growth is a testament to our commitment to tackling the cumbersome and non-client-facing components of advisory services, empowering advisors to choose how they want to be independent."
For more information about NBC Capital Advisors, click here.
About tru Independence
Founded in 2014, tru Independence is a leader in delivering independence optimized to established wealth management firms and RIAs seeking to grow their business efficiently and effectively. Drawing upon decades of industry experience, tru Independence provides access to turnkey technology infrastructure, in-house C-suite level personnel, and expert practitioners that specialize in business management and fiduciary responsibility. The breadth and depth of this expertise allow advisors to focus on client services, while tru focuses on being your fiduciary, growth and service excellence partner. For more information, please visit www.tru-ind.com.
About NBC Capital Advisors
NBC Capital Advisors is a team of professionals focused exclusively on providing objective financial advice and exceptional service to their clients. As a discretionary investment manager, they handle most of the investment decisions, eliminating many layers of fees that often erode client returns elsewhere. Because they make investment decisions directly, they can respond quickly and strategically to adjust client portfolios to capitalize on market conditions. NBC Capital Advisors accepts a fiduciary relationship with all clients, ensuring they have not only an ethical but also a legal obligation to always act in their clients’ best interest. For more information, go to www.nbccapitaladvisors.com.
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