{"url":"https://nivawealth.com/firms/nationwide-investment-advisors-142373","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/142373","regulatoryAum":16730000000,"crd":"142373","secFileNumber":"801-52664","legalName":"Nationwide Investment Advisors, LLC","displayName":"Nationwide Investment Advisors","website":null,"founded":null,"organization":"Ohio limited liability company","fiscalYearEnd":"December","headquarters":{"street":"One Nationwide Plaza, 03-07-202","city":"Columbus","state":"OH","stateName":"Ohio","country":"United States","postalCode":"43215"},"tradeNames":[],"registration":{"secApproved":"30 August 1996","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":401,"advisory":316,"brokerDealerReps":401,"insuranceAgents":261,"promoters":47},"aum":{"discretionary":16730000000,"discretionaryAccounts":251223,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":251200,"regulatoryAum":16701000000},{"label":"Pension and profit-sharing plans","clients":23,"regulatoryAum":29000000}],"fees":[],"feeNotes":[],"custodians":[{"name":"Nationwide Life Insurance Company","shortName":"Nationwide Life Insurance","location":"Columbus, OH","smaAssets":4253000000},{"name":"Nationwide Trust Company, FSB","shortName":"Nationwide Trust Company, FSB","location":"Columbus, OH","smaAssets":11119000000}],"custodyNote":"Nationwide Investment Advisors has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Christopher Igodan","title":"Vice President and Treasurer","crd":"6655473"},{"name":"Harold Schafer","title":"President and Board Manager","crd":"2938386"},{"name":"Carah Brody","title":"Board Manager","crd":"7716994"},{"name":"Kevin Jestice","title":"Board Manager","crd":"5363377"},{"name":"Christopher Stanton","title":"Chief","crd":"4620020"}],"ownership":[{"label":"Nationwide Life Insurance Company","detail":"Member in the 75% or more ownership band and a control person, since October 2006."},{"label":"Nationwide Financial Services, Inc. (NFS)","detail":"Indirect owner: a shareholder of Nationwide Life Insurance Company in the 75% or more band and a control person, since January 1997.","parent":"Nationwide Life Insurance Company"},{"label":"Nationwide Mutual Insurance Company","detail":"Indirect owner: a shareholder of Nationwide Corporation in the 75% or more band and a control person, since October 1969.","parent":"Nationwide Corporation"},{"label":"Nationwide Corp","detail":"Indirect owner: a shareholder of NFS in the 75% or more band and a control person, since November 1996.","parent":"NFS"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":8,"privateResidences":0},"listedOfficeAddresses":9,"officesByState":[{"state":"Arizona","offices":1,"addresses":[{"street":"3300 N Central Ave","city":"Phoenix"}]},{"state":"California","offices":2,"addresses":[{"street":"1810 16th Street","city":"Sacramento"},{"street":"3111 Camino Del Rio North","city":"San Diego"}]},{"state":"Idaho","offices":1,"addresses":[{"street":"205 North 10th Street #540","city":"Boise"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"205 West Randolph Street","city":"Chicago"}]},{"state":"Kentucky","offices":1,"addresses":[{"street":"501 N High Street","city":"Frankfort"}]},{"state":"Maryland","offices":2,"addresses":[{"street":"11350 McCormick Road","city":"Hunt Valley"},{"street":"7 East Redwood Street","city":"Baltimore"}]},{"state":"Ohio","offices":1,"addresses":[{"street":"One Nationwide Plaza, 03-07-202","city":"Columbus","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"614-435-8371","stateRegisteredReps":316,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Securities issued by registered investment companies or business development companies","percent":86},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":8},{"label":"Cash and cash equivalents","percent":6}],"privateFunds":0},"sources":{"adv1FilingDate":"13 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/142373/PDF/142373.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Nationwide Investment Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Nationwide Investment Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Nationwide Investment Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Nationwide Investment Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Nationwide Investment Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Nationwide Investment Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Nationwide Investment Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}