NBZ Investment Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 11–25 clients last fiscal year.
NBZ Investment Advisors reports 199 clients. They include 114 high-net-worth individuals, 84 individual clients and 1 pension or profit-sharing plan. Of its assets, 100.0% ($431M across 529 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 42% | 5% |
| High-net-worth individuals | 57% | 95% |
| Pension and profit-sharing plans | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 84 | $20.2M | 4.7% | $241K |
| High-net-worth individuals | 114 | $411M | 95.2% | $3.6M |
| Pension and profit-sharing plans | Fewer than 5 | $359K | 0.1% | $359K |
| Total | 199 | $431M | 100% | — |
- Clients
- 84
- Regulatory AUM
- $20.2M
- AUM share
- 4.7%
- Avg. per client
- $241K
- Clients
- 114
- Regulatory AUM
- $411M
- AUM share
- 95.2%
- Avg. per client
- $3.6M
- Clients
- Fewer than 5
- Regulatory AUM
- $359K
- AUM share
- 0.1%
- Avg. per client
- $359K
Total
- Clients
- 199
- Regulatory AUM
- $431M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
NBZ Investment Advisors charges 0.50%–0.75% a year for its Investment Management Services. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Consulting services
- Billed hourly at $245 to $350 per hour, based on the nature and complexity of the services, with an estimate of total hours set at the start.
Richard Zivi owns 50% to 75% of NBZ Investment Advisors. The leadership team of NBZ Investment Advisors includes Chief Compliance Officer Richard Zivi. It has 7 employees, 4 of them in advisory roles.
Staff
- 7 employees
- 4 in advisory functions
- 3 state-registered reps
- Owns 50% to 75% of NBZ Investment Advisors, LLC
Richard Zivi
Control person · since July 1995
- Owns 10% to 25% of NBZ Investment Advisors, LLC
Bradley Stooksbury
since January 2021
- Owns 10% to 25% of NBZ Investment Advisors, LLC
Terry Hall
since January 2021
- Owns 10% to 25% of NBZ Investment Advisors, LLC
Lucinda Segers
since January 2021
- Owns 10% to 25% of NBZ Investment Advisors, LLC
Kimberly Peters
since January 2021
NBZ Investment Advisors’ regulatory assets grew 1.6× from $265M (March 2021) to $431M (March 2026); clients rose from 161 to 199 and employees from 5 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $431M | 199 | 7 | 1 |
| Mar 2025March 2025 | $371M | 196 | 6 | 1 |
| Mar 2024March 2024 | $322M | 178 | 7 | 1 |
| Mar 2023March 2023 | $266M | 174 | 7 | 1 |
| Mar 2022March 2022 | $301M | 170 | 6 | 1 |
| Mar 2021March 2021 | $265M | 161 | 5 | 1 |
Besides its headquarters, NBZ Investment Advisors has 0 offices, with 1 listed address in 1 state.
Tennessee · 1 listed address
- 6322 Deane Hill Drive, KnoxvilleHQ
Contact and registration details
- Legal name
- NBZ Investment Advisors, LLC
- Headquarters
- 6322 Deane Hill Drive, Knoxville, TN 37919
- Website
- nbzinvest.com
- Phone
- 865-584-1184
- SEC file
- 801-62087
- Founded
- 1995
- Structure
- Tennessee LLC
- Fiscal year end
- December
NBZ Investment Advisors’ named custodian for separately managed accounts is Charles Schwab ($431M). NBZ Investment Advisors has custody of $106M for 53 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $431M100%
At year end, NBZ Investment Advisors’ separately managed accounts were mostly in funds (83%) and bonds (11%). Its reported 13F holdings for the quarter ended 30 June 2026 total $256M across 86 positions; the largest are SPDR Series Trust (13.5%), Amplify ETF TR (9.4%) and Innovator ETFS Trust (6.5%).
What the accounts hold
- Stocks5%
- Funds83%
- Bonds11%
- State and local bonds10%
- Investment grade corporate bonds1%
- Cash1%
How many clients does NBZ Investment Advisors have?
NBZ Investment Advisors has 199 clients and manages $431 million for them, as of March 2026. They include 114 high-net-worth individuals, 84 individual clients and 1 pension or profit-sharing plan.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does NBZ Investment Advisors offer?
NBZ Investment Advisors provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does NBZ Investment Advisors charge?
NBZ Investment Advisors charges 0.50%–0.75% a year for its Investment Management Services. The fee is billed in advance and is negotiable.
Source: NBZ INVESTMENT ADVISORS 2A BROCHURE, filed 25 March 2026
Which custodians does NBZ Investment Advisors use?
NBZ Investment Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $431M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does NBZ Investment Advisors have?
NBZ Investment Advisors has 3 investment adviser representatives registered with state securities authorities, out of 7 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 NBZ Investment Advisors invest in?
At the end of its last fiscal year, NBZ Investment Advisors’ separately managed accounts held 83% registered funds (mutual funds, ETFs, BDCs), 10% state and local bonds, 5% exchange-traded equities, 1% investment grade corporate bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns NBZ Investment Advisors?
NBZ Investment Advisors’ direct owners are Richard Zivi (50% to 75%), Bradley Stooksbury (10% to 25%), Terry Hall (10% to 25%), Lucinda Segers (10% to 25%) and Kimberly Peters (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does NBZ Investment Advisors get paid?
NBZ Investment Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. 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
How do I contact NBZ Investment Advisors?
NBZ Investment Advisors’ main office is at 6322 Deane Hill Drive, Knoxville, TN 37919. Its phone number is 865-584-1184. Its website is nbzinvest.com.