Wealth manager, independent · Greenwood Village, CO
Nilsine Partners, LLC
SEC-registered investment adviser · CRD 315694 · SEC 801-122071
At a glance
Nilsine Partners, LLC is an SEC-registered investment adviser based in Greenwood Village, Colorado, with $1.9B in regulatory assets under management as of its Form ADV filed March 24, 2026. It reports 540 individual clients, 277 of them high-net-worth, holding an average of about $2.8 million each, and 18 employees. That ranks it 591st among the nation’s 5,657 independent wealth management RIAs and 12th of 177 in Colorado. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 303-529-5800nilsinepartners.comAs filed on Form ADV
- Regulatory AUM
- $1.9B
- Rank among independent wealth managers
- #591 of 5,657
- Rank among all SEC RIAs
- #3,772 of 17,210
- Rank in Colorado
- #12 of 177
- Individual clients
- 540
- High-net-worth clients
- 277
- Accounts
- 1,552
- Discretionary
- 100% of AUM
- Employees
- 18
- Advisory staff
- 12
- Offices
- 2
Owners and executives on its Form ADV
- Teresa L. FriessExecutive Director, Compliance
- R Scott BillsChief Executive Officer
- Brett R. BillsChief Investment Officer
- Joshua P DeloachChief Strategy Officer
- Aaron P. SeemanChief Experience Officer
- Patrick J. BurnsGeneral Counsel
- Melissa A. StrawChief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Nilsine Partners, LLC is a hybrid RIA: 2 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names Purshe Kaplan Sterling Investments as the broker-dealer its advisers are registered with.
Commissionable Securities Sales Representatives of our firm are registered representatives of Purshe Kaplan Sterling Investments, Inc.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 277 | $1.4B | 73% |
| Charitable organizations | 2 | $176M | 9% |
| Pooled investment vehicles | 11 | $162M | 9% |
| Individuals | 263 | $129M | 7% |
| Corporations or other businesses | 6 | $34M | 2% |
Private funds
Nilsine Partners, LLC reports 11 private funds with $204M in gross assets: other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Nilsine Partners, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗nilsinepartners.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 4 years of filings
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- Rank against 2,098 peers of its type and size
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- 7 namedLocked
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Colorado
All of Colorado →| Firm | Regulatory AUM | Clients |
|---|---|---|
| BSW Wealth PartnersBoulder | $2.2B | 476 |
| PCM Encore, LLCAspen | $2.0B | 175 |
| Cherry Creek Family OfficesDenver | $2.0B | 20 |
| Buck Wealth Strategies, LLCDenver | $1.6B | 2,734 |
| TownsendWestminster | $1.5B | 1,514 |
| Class VI Family Office, LLCDenver | $1.5B | 195 |
Background
Questions
How much does Nilsine Partners, LLC manage?
Nilsine Partners, LLC reports $1.9B in regulatory assets under management across 1,552 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 24, 2026.
How many clients does Nilsine Partners, LLC have?
It reports 540 individual clients: 277 high-net-worth individuals and 263 other individuals. Individuals account for about 80% of its regulatory assets.
Where is Nilsine Partners, LLC headquartered?
Its main office is in Greenwood Village, Colorado. It reports 2 offices in total and 18 employees, 12 of whom perform investment advisory functions.
How does Nilsine Partners, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Nilsine Partners, LLC use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed March 24, 2026, it reports these amounts held: Charles Schwab ($1.9B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Nilsine Partners, LLC a hybrid RIA with a broker-dealer?
Nilsine Partners, LLC is a hybrid RIA: 2 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Nilsine Partners, LLC a fiduciary?
As an SEC-registered investment adviser, Nilsine Partners, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 2 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Nilsine Partners, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-24), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →