Nestlerode & Loy provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and publishing newsletters. Financial planning was provided to 51–100 clients last fiscal year.
Nestlerode & Loy reports 270 clients. They include 215 individual clients, 47 high-net-worth individuals and 8 charitable organizations. Of its assets, 100.0% ($199M across 612 accounts) are managed with discretion. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 80% | 35% |
| High-net-worth individuals | 17% | 58% |
| Charitable organizations | 3% | 8% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 215 | $69.1M | 34.7% | $321K |
| High-net-worth individuals | 47 | $115M | 57.6% | $2.44M |
| Charitable organizations | 8 | $15.3M | 7.7% | $1.92M |
| Total | 270 | $199M | 100% | $737K |
- Clients
- 215
- Regulatory AUM
- $69.1M
- AUM share
- 34.7%
- Avg. per client
- $321K
- Clients
- 47
- Regulatory AUM
- $115M
- AUM share
- 57.6%
- Avg. per client
- $2.44M
- Clients
- 8
- Regulatory AUM
- $15.3M
- AUM share
- 7.7%
- Avg. per client
- $1.92M
Total
- Clients
- 270
- Regulatory AUM
- $199M
- AUM share
- 100%
- Avg. per client
- $737K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Nestlerode & Loy charges 0.60%–1.50% a year for its Investment Advisory Services. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Investment Consultation
- Consultation without ongoing management is billed at $250.00 per hour, with a minimum consultation fee of $500.00.
Judy Lynne Loy owns 75% or more of Nestlerode & Loy. The leadership team of Nestlerode & Loy includes Chief Compliance Officer Jody Marie Sharer. It has 4 employees, 2 of them in advisory roles.
Staff
- 4 employees
- 2 in advisory functions
- 1 state-registered rep
- 4 broker-dealer reps
- 3 insurance agents
- Owns 75% or more of Nestlerode & Loy, Inc.
Judy Lynne Loy
Control person · since July 1996
Nestlerode & Loy’s regulatory assets grew from $143M (December 2020) to $199M (December 2025); clients rose from 234 to 270 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Dec 2025December 2025 | $199M | 270 | 4 | 1 |
| Dec 2024December 2024 | $185M | 265 | 3 | 1 |
| Jan 2024January 2024 | $155M | 258 | 3 | 1 |
| Jan 2023January 2023 | $144M | 259 | 4 | 1 |
| Dec 2021December 2021 | $167M | 254 | 5 | 1 |
| Dec 2020December 2020 | $143M | 234 | 4 | 1 |
Besides its headquarters, Nestlerode & Loy has 0 offices, with 1 listed address in 1 state.
Pennsylvania · 1 listed address
- 110 Regent Court, Suite 202, State CollegeHQ
Other business names
Nestlerode & Loy has reported 1 other business name to the SEC.
- Nestlerode & Loy, Inc.
Contact and registration details
- Legal name
- Nestlerode & Loy, Inc.
- Headquarters
- 110 Regent Court, Suite 202, State College, PA 16801
- Website
- nlinvestmentadvisors.com
- Phone
- 814-238-6249
- SEC file
- 801-112333
- Structure
- Pennsylvania corporation
- Fiscal year end
- September
Nestlerode & Loy does not have custody of client assets.
At year end, Nestlerode & Loy’s separately managed accounts were mostly in stocks (53%) and funds (42%).
What the accounts hold
- Stocks53%
- Funds42%
- Cash5%
How many clients does Nestlerode & Loy have?
Nestlerode & Loy has 270 clients and manages $199 million for them, as of December 2025. They include 215 individual clients, 47 high-net-worth individuals and 8 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 December 2025
What services does Nestlerode & Loy offer?
Nestlerode & Loy provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and publishing newsletters.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Nestlerode & Loy charge?
Nestlerode & Loy charges 0.60%–1.50% a year for its Investment Advisory Services.
Source: NESTLERODE & LOY, INC. BROCHURE 11-30-2025, filed 23 December 2025
How many financial advisors does Nestlerode & Loy have?
Nestlerode & Loy has 1 investment adviser representative registered with state securities authorities, out of 4 employees, and 2 perform investment advisory functions. 4 employees are registered representatives of a broker-dealer and 3 employees 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 Nestlerode & Loy invest in?
At the end of its last fiscal year, Nestlerode & Loy’s separately managed accounts held 53% exchange-traded equities, 42% registered funds (mutual funds, ETFs, BDCs) and 5% 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 Nestlerode & Loy?
Nestlerode & Loy’s direct owner is Judy Lynne Loy (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 23 December 2025
How does Nestlerode & Loy get paid?
Nestlerode & Loy is paid through a percentage of assets under management and hourly charges. 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 Nestlerode & Loy?
Nestlerode & Loy’s main office is at 110 Regent Court, Suite 202, State College, PA 16801. Its phone number is 814-238-6249. Its website is nlinvestmentadvisors.com.
