Registered investment advisers that custody at National Financial Services
3 SEC-registered advisers report National Financial Services as a custodian holding 10% or more of separately managed account assets in Form ADV Schedule D, Section 5.K.(3). Listed by regulatory assets under management.
The firms
| Firm | Headquarters | Regulatory AUM | Advisory staff | Clients |
|---|---|---|---|---|
| FartherCRD 302050 | San Francisco, CA | $16.01B | 252 | 14,965 |
| Pure Financial AdvisorsCRD 144316 | San Diego, CA | $11.05B | 76 | 7,509 |
| Parallel AdvisorsCRD 140800 | San Francisco, CA | $10.31B | 61 | 4,240 |
- Headquarters
- San Francisco, CA
- Advisory staff
- 252
- Clients
- 14,965
- Headquarters
- San Diego, CA
- Advisory staff
- 76
- Clients
- 7,509
- Headquarters
- San Francisco, CA
- Advisory staff
- 61
- Clients
- 4,240
Figures are from each firm's most recent Form ADV and are dated on its profile. Listing here is a matter of public record, not a recommendation.
About this list
A custodian holds client accounts; the adviser directs them but does not take possession of the money. Form ADV Schedule D, Section 5.K.(3) requires an adviser to name every custodian holding 10% or more of its separately managed account assets, which is where this list comes from.
A firm may use several custodians, so it can appear on more than one of these lists, and smaller custodial relationships below the 10% threshold are not reported at all. Naming National Financial Services here says only what the filing says, and implies nothing about either firm's service.