{"url":"https://nivawealth.com/firms/nestlerode-and-loy-2907","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/2907","regulatoryAum":199064720,"crd":"2907","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2249019","suffix":null,"lastName":"LOY","firstName":"JUDY","middleName":"LYNNE"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2020-12-22","regulatoryAum":143280313,"clients":234,"employees":4,"offices":1},{"filedOn":"2021-12-14","regulatoryAum":167345880,"clients":254,"employees":5,"offices":1},{"filedOn":"2023-01-24","regulatoryAum":144078779,"clients":259,"employees":4,"offices":1},{"filedOn":"2024-01-11","regulatoryAum":155195579,"clients":258,"employees":3,"offices":1},{"filedOn":"2024-12-11","regulatoryAum":185154920,"clients":265,"employees":3,"offices":1},{"filedOn":"2025-12-23","regulatoryAum":199064720,"clients":270,"employees":4,"offices":1}],"secFileNumber":"801-112333","legalName":"Nestlerode & Loy, Inc.","displayName":"Nestlerode & Loy","slug":"nestlerode-and-loy-2907","website":"https://nlinvestmentadvisors.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Pennsylvania corporation","fiscalYearEnd":"September","headquarters":{"street":"110 Regent Court, Suite 202","city":"State College","state":"PA","stateName":"Pennsylvania","country":"United States","postalCode":"16801"},"tradeNames":["Nestlerode & Loy, Inc."],"registration":{"secApproved":"19 January 2018","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":701315.072519084,"staff":{"employees":4,"advisory":2,"brokerDealerReps":4,"insuranceAgents":3,"promoters":0},"aum":{"regulatory":199064720,"discretionary":199064720,"discretionaryAccounts":612,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1},"clientTypes":[{"label":"Individuals (other than HNW)","clients":215,"regulatoryAum":69114561},{"label":"High-net-worth individuals","clients":47,"regulatoryAum":114629988},{"label":"Charitable organizations","clients":8,"regulatoryAum":15320171}],"feePrograms":[{"role":"main","program":"Investment Advisory Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=999217","versionId":999217,"ratePeriod":"annual","fee_billing":null,"submittedOn":"2025-12-23","documentName":"NESTLERODE & LOY, INC. 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BROCHURE 11-30-2025","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=999217","versionId":999217,"submittedOn":"2025-12-23"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=999216","versionId":999216,"submittedOn":null},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=999215","versionId":999215,"submittedOn":null}]},"custodians":[],"custodyNote":"Nestlerode & Loy does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Jody Marie Sharer","title":"Chief Compliance Officer","crd":"4494606"},{"name":"Brian Lee Anderson","title":"CFO","crd":"4525228"},{"name":"Judy Lynne Loy","title":"CEO","crd":"2249019"},{"name":"Stephen Allan Loy","title":"Director","crd":"7671245"},{"name":"Daniel Jared Nestlerode","title":"Director","crd":"346594"}],"ownership":[{"label":"Judy Lynne Loy","detail":"Ceo in the 75% or more ownership band and a control person, since July 1996."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Pennsylvania","offices":1,"addresses":[{"street":"110 Regent Court, Suite 202","city":"State College","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"814-238-6249","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Publication of periodicals or newsletters"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":53},{"label":"Securities issued by registered investment companies or business development companies","percent":42},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"23 December 2025","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/2907/PDF/2907.pdf","brochureDate":"23 December 2025","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=999217","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Nestlerode & Loy have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Nestlerode & Loy offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Nestlerode & Loy charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"How many financial advisors does Nestlerode & Loy have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Nestlerode & Loy invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Nestlerode & Loy?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Nestlerode & Loy get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Nestlerode & Loy?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 23 December 2025","sourceRef":{"doc":"adv1","section":"offices"}}],"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 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."}