Clients
Nationwide Investment Advisors serves 251,223 clients, 251,200 of them individuals. The average client has about $67,000 with the firm.
- Individuals251,200 clients100%
- Pension and profit-sharing plans23 clients0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 251,200 | $16,701,000,000 | 99.8% | $66K |
| Pension and profit-sharing plans | 23 | $29,000,000 | 0.2% | $1.26M |
| Total | 251,223 | $16,730,000,000 | 100% | $67K |
- Clients
- 251,200
- Regulatory AUM
- $16,701,000,000
- Share
- 99.8%
- Avg. per client
- $66K
- Clients
- 23
- Regulatory AUM
- $29,000,000
- Share
- 0.2%
- Avg. per client
- $1.26M
Total
- Clients
- 251,223
- Regulatory AUM
- $16,730,000,000
- Share
- 100%
- Avg. per client
- $67K
What it does
Nationwide Investment Advisors provides portfolio management for individuals and small businesses, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets.
Nationwide Investment Advisors advises no private funds.
100.0% of assets ($16.73B across 251,223 accounts) are managed with discretion. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Funds94%
- Registered funds86%
- Pooled vehicles8%
- Cash6%
Custodians
Nationwide Investment Advisors’ client accounts are held mainly at Nationwide Trust Company, FSB, with 66% of managed assets, and Nationwide Life Insurance, with 25%. Nationwide Investment Advisors has custody of client assets.
- Nationwide Life InsuranceNationwide Life Insurance Company · Columbus, OH · $4.25B25%
- Nationwide Trust Company, FSBNationwide Trust Company, FSB · Columbus, OH · $11.12B66%
- All other custodians$1.36B8%
Ownership and leadership
Nationwide Life Insurance Company owns 75% or more of Nationwide Investment Advisors.
- Owns 75% or more of Nationwide Investment Advisors, LLC
Nationwide Life Insurance Company
Control person · since October 2006
- Owns 75% or more of Nationwide Life Insurance Company
Nationwide Financial Services, Inc. (NFS)
Control person · since January 1997
- Owns 75% or more of Nationwide Investment Advisors, LLC
Nationwide Mutual Insurance Company
Control person · since October 1969
- Owns 75% or more of Nationwide Investment Advisors, LLC
Nationwide Corp
Control person · since November 1996
Leadership
- Christopher IgodanVice President and Treasurer
- Harold SchaferPresident and Board Manager
- Carah BrodyBoard Manager
- Kevin JesticeBoard Manager
- Christopher StantonChief
Staff
- 401 employees
- 316 in advisory functions
- 316 state-registered reps
- 401 broker-dealer reps
- 261 insurance agents
- 47 soliciting firms
Fees
Nationwide Investment Advisors is paid through a percentage of assets under management.
Nationwide Investment Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Nationwide Investment Advisors has 8 offices, with 9 listed addresses across 7 states.
California · 2 listed addresses
- 1810 16th Street, Sacramento
- 3111 Camino Del Rio North, San Diego
Maryland · 2 listed addresses
- 11350 McCormick Road, Hunt Valley
- 7 East Redwood Street, Baltimore
Arizona · 1 listed address
- 3300 N Central Ave, Phoenix
Idaho · 1 listed address
- 205 North 10th Street #540, Boise
Illinois · 1 listed address
- 205 West Randolph Street, Chicago
Kentucky · 1 listed address
- 501 N High Street, Frankfort
Ohio · 1 listed address
- One Nationwide Plaza, 03-07-202, ColumbusHQ
Registration details
- Legal name
- Nationwide Investment Advisors, LLC
- Headquarters
- One Nationwide Plaza, 03-07-202, Columbus, OH 43215
- Phone
- 614-435-8371
- Website
- Not reported
- SEC file
- 801-52664
- Structure
- Ohio LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Nationwide Investment Advisors have?
Nationwide Investment Advisors has 251,223 clients and manages $16.7 billion for them, as of May 2026. They include 251,200 individuals and 23 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 May 2026
What services does Nationwide Investment Advisors offer?
Nationwide Investment Advisors provides portfolio management for individuals and small businesses, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Nationwide Investment Advisors use?
Nationwide Investment Advisors’ separately managed account assets are held at Nationwide Trust Company, FSB (Columbus, OH), with $11,119,000,000 and Nationwide Life Insurance Company (Columbus, OH), with $4,253,000,000. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 May 2026
How many financial advisors does Nationwide Investment Advisors have?
Nationwide Investment Advisors has 316 investment adviser representatives registered with state securities authorities, out of 401 employees, and 316 perform investment advisory functions. 401 are registered representatives of a broker-dealer and 261 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Nationwide Investment Advisors invest in?
At the end of its last fiscal year, Nationwide Investment Advisors’ separately managed accounts held 86% registered funds (mutual funds, ETFs, BDCs), 8% pooled vehicles (private funds and similar) and 6% cash and equivalents. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Nationwide Investment Advisors?
Nationwide Investment Advisors is owned through a holding company by Nationwide Financial Services, Inc. (NFS). Its direct owners are Nationwide Life Insurance Company (75% or more), Nationwide Mutual Insurance Company (75% or more) and Nationwide Corp (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 13 May 2026
How does Nationwide Investment Advisors get paid?
Nationwide Investment Advisors is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file