NexWealth provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 11–25 clients last fiscal year.
NexWealth reports 172 clients. They include 127 individual clients, 25 corporations and other businesses, and 20 high-net-worth individuals. Of its assets, 100.0% ($172M across 172 accounts) are managed with discretion. It advised 20 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 74% | 20% |
| High-net-worth individuals | 12% | 43% |
| Corporations and other businesses | 15% | 37% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 127 | $34.6M | 20.1% | $272K |
| High-net-worth individuals | 20 | $74.1M | 43.0% | $3.7M |
| Corporations and other businesses | 25 | $63.6M | 36.9% | $2.54M |
| Total | 172 | $172M | 100% | $1M |
- Clients
- 127
- Regulatory AUM
- $34.6M
- AUM share
- 20.1%
- Avg. per client
- $272K
- Clients
- 20
- Regulatory AUM
- $74.1M
- AUM share
- 43.0%
- Avg. per client
- $3.7M
- Clients
- 25
- Regulatory AUM
- $63.6M
- AUM share
- 36.9%
- Avg. per client
- $2.54M
Total
- Clients
- 172
- Regulatory AUM
- $172M
- AUM share
- 100%
- Avg. per client
- $1M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 20
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
NexWealth is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Matthew West owns 75% or more of NexWealth. Matthew West is CEO; the leadership team includes Chief Compliance Officer Maria Christopher. It has 6 employees, 5 of them in advisory roles.
Leadership
- Matthew WestManaging Member / Chief Executive Officer / President
- Maria ChristopherChief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 5 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 75% or more of Nexwealth LLC
Matthew West
Control person · since October 2020
NexWealth’s regulatory assets grew 1.6× from $107M (May 2021) to $172M (June 2026); clients rose from 48 to 172 and employees from 2 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $172M | 172 | 6 | 2 |
| June 2025 | $132M | 145 | 5 | 1 |
| April 2024 | $129M | 108 | 5 | 1 |
| March 2023 | $119M | 120 | 4 | 1 |
| April 2022 | $111M | 54 | 5 | 1 |
| May 2021 | $107M | 48 | 2 | 1 |
Besides its headquarters, NexWealth has 1 office, with 2 listed addresses in Florida and Pennsylvania.
Florida · 1 listed address
- 3801 Pga Boulevard, Suite 600, Palm Beach GardensHQ
Pennsylvania · 1 listed address
- 1500 JFK Boulevard, Philadelphia
Contact and registration details
- Legal name
- Nexwealth LLC
- Headquarters
- 3801 Pga Boulevard, Suite 600, Palm Beach Gardens, FL 33410
- Website
- nexwealthllc.com
- Phone
- 561-971-3939
- @nexwealth
- SEC file
- 801-120110
- Structure
- Delaware LLC
- Fiscal year end
- December
NexWealth uses Fidelity ($167M) as custodian for its separately managed accounts. NexWealth does not have custody of client assets.
- FidelityNational Financial Services LLC · Boston, MA · $167M100%
At year end, NexWealth’s separately managed accounts were mostly in funds (84%) and stocks (11%).
What the accounts hold
- Stocks11%
- Funds84%
- Registered funds83%
- Pooled vehicles1%
- Bonds4%
- Cash1%
How many clients does NexWealth have?
NexWealth has 172 clients and manages $172 million for them, as of June 2026. They include 127 individual clients, 25 corporations and other businesses, and 20 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 June 2026
What services does NexWealth offer?
NexWealth provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does NexWealth use?
NexWealth’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $167M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 June 2026
How many financial advisors does NexWealth have?
NexWealth has 2 investment adviser representatives registered with state securities authorities, out of 6 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does NexWealth invest in?
At the end of its last fiscal year, NexWealth’s separately managed accounts held 83% registered funds (mutual funds, ETFs, BDCs), 11% exchange-traded equities, 4% U.S. government and agency bonds, 1% pooled vehicles (private funds and similar) 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 NexWealth?
NexWealth’s direct owner is Matthew West (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 10 June 2026
How does NexWealth get paid?
NexWealth is paid through a percentage of assets under management 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
Is NexWealth registered with the SEC?
Yes, NexWealth has been registered with the SEC as an investment adviser since 8 January 2021. Its CRD number is 311424 and its SEC file number is 801-120110.
Source: Form ADV Part 1A, Item 1, filed 10 June 2026; IAPD firm record
How do I contact NexWealth?
NexWealth’s main office is at 3801 Pga Boulevard, Suite 600, Palm Beach Gardens, FL 33410. Its phone number is 561-971-3939. Its website is nexwealthllc.com.