The Nalls Sherbakoff Group provides financial planning, portfolio management for individuals and small businesses, pension consulting, and educational seminars.
The Nalls Sherbakoff Group reports 500 clients. They include 414 individual clients and 86 high-net-worth individuals. Of its assets, 100.0% ($337M across 746 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 83% | 34% |
| High-net-worth individuals | 17% | 66% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 414 | $115M | 34.0% | $277K |
| High-net-worth individuals | 86 | $222M | 66.0% | $2.59M |
| Total | 500 | $337M | 100% | $674K |
- Clients
- 414
- Regulatory AUM
- $115M
- AUM share
- 34.0%
- Avg. per client
- $277K
- Clients
- 86
- Regulatory AUM
- $222M
- AUM share
- 66.0%
- Avg. per client
- $2.59M
Total
- Clients
- 500
- Regulatory AUM
- $337M
- AUM share
- 100%
- Avg. per client
- $674K
- 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
- 0
The Nalls Sherbakoff Group charges 0.50%–1.00% a year for its Portfolio Management Services. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Financial planning is billed at an hourly fee of up to $300, negotiable depending on the scope and complexity of the plan.
Donald Nalls owns 75% or more of The Nalls Sherbakoff Group. The leadership team of The Nalls Sherbakoff Group includes Chief Compliance Officer Donald Nalls. It has 5 employees, 2 of them in advisory roles.
Staff
- 5 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of The Nalls Sherbakoff Group, LLC
Donald Nalls
Control person · since June 2013
The Nalls Sherbakoff Group’s regulatory assets grew 1.6× from $214M (April 2021) to $337M (March 2026); clients rose from 341 to 500 and employees from 4 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $337M | 500 | 5 | 1 |
| May 2025May 2025 | $294M | 373 | 6 | 1 |
| Mar 2024March 2024 | $254M | 344 | 7 | 1 |
| Mar 2023March 2023 | $225M | 353 | 7 | 1 |
| Mar 2022March 2022 | $239M | 404 | 4 | 1 |
| Apr 2021April 2021 | $214M | 341 | 4 | 1 |
Besides its headquarters, The Nalls Sherbakoff Group has 0 offices, with 1 listed address in 1 state.
Tennessee · 1 listed address
- 9724 Kingston Pike, Suite 505, KnoxvilleHQ
Contact and registration details
- Legal name
- The Nalls Sherbakoff Group, LLC
- Headquarters
- 9724 Kingston Pike, Suite 505, Knoxville, TN 37922
- Website
- nallssherbakoff.com
- Phone
- 865-691-0898
- @the-nalls-sherbakoff-group-llc
- SEC file
- 801-107462
- Structure
- Tennessee LLC
- Fiscal year end
- December
The Nalls Sherbakoff Group’s named custodian for separately managed accounts is Charles Schwab ($337M). The Nalls Sherbakoff Group has custody of $109M for 152 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $337M100%
At year end, The Nalls Sherbakoff Group’s separately managed accounts were mostly in funds (52%) and stocks (29%). Its reported 13F holdings for the quarter ended 30 June 2026 total $141M across 378 positions; the largest are Schwab U.S. Broad Market ETF (15.7%), Schwab International Equity ETF (8.7%) and iShares 1-5 Year Investment Grade Corporate Bond ETF (4.1%).
What the accounts hold
- Stocks29%
- Funds52%
- Bonds12%
- Investment grade corporate bonds10%
- U.S. government and agency bonds1%
- State and local bonds1%
- Cash7%
How many clients does The Nalls Sherbakoff Group have?
The Nalls Sherbakoff Group has 500 clients and manages $337 million for them, as of March 2026. They include 414 individual clients and 86 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does The Nalls Sherbakoff Group offer?
The Nalls Sherbakoff Group provides financial planning, portfolio management for individuals and small businesses, pension consulting, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does The Nalls Sherbakoff Group charge?
The Nalls Sherbakoff Group charges 0.50%–1.00% a year for its Portfolio Management Services. The fee is billed in arrears and is negotiable.
Source: THE NALLS SHERBAKOFF GROUP, LLC, filed 24 March 2026
Which custodians does The Nalls Sherbakoff Group use?
The Nalls Sherbakoff Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $337M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does The Nalls Sherbakoff Group have?
The Nalls Sherbakoff Group has 2 investment adviser representatives registered with state securities authorities, out of 5 employees, and 2 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 The Nalls Sherbakoff Group invest in?
At the end of its last fiscal year, The Nalls Sherbakoff Group’s separately managed accounts held 52% registered funds (mutual funds, ETFs, BDCs), 29% exchange-traded equities, 10% investment grade corporate bonds, 7% cash and equivalents, 1% U.S. government and agency bonds and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns The Nalls Sherbakoff Group?
The Nalls Sherbakoff Group’s direct owner is Donald Nalls (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does The Nalls Sherbakoff Group get paid?
The Nalls Sherbakoff Group 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 The Nalls Sherbakoff Group?
The Nalls Sherbakoff Group’s main office is at 9724 Kingston Pike, Suite 505, Knoxville, TN 37922. Its phone number is 865-691-0898. Its website is nallssherbakoff.com.