Private fund adviser · Chicago, IL
NXT Capital Investment Advisers, LLC
SEC-registered investment adviser · CRD 160569 · SEC 801-74046
At a glance
NXT Capital Investment Advisers, LLC is an SEC-registered investment adviser based in Chicago, Illinois, with $6.6 billion in regulatory assets under management as of its Form ADV filed August 26, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 815th of 4,686 private fund advisers and 1,758th of 17,210 SEC-registered advisers by assets.
Main office 312-450-8000nxtcapital.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $6.6B
- Rank among private fund advisers
- #815 of 4,686
- Rank among all SEC RIAs
- #1,758 of 17,210
- Rank in Illinois
- #96 of 684
- Clients
- 22
- Accounts
- 22
- Discretionary
- 93% of AUM
- Employees
- 242
- Advisory staff
- 56
- Offices
- 5
Owners and executives on its Form ADV
- Brian E. FrancChief Compliance Officer
- Edward (Ted) A. DennistonSenior Vice President
- Joseph N. LazewskiSenior Vice President
Custody and brokerage
2 custodians
- Computershare Trust Company$2.3B72%
- State Street$893M28%
Other RIAs using Computershare Trust CompanyOther multi-custodian RIAs
Broker-dealer
Hybrid RIA
NXT Capital Investment Advisers, LLC is a hybrid RIA: 19 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Hilco Corporate Finance, LLC and Lument Securities, LLC.
- Hilco Corporate Finance, LLC ↗CRD 282060
- Lument Securities, LLC ↗CRD 14840
An introducing broker-dealer: its trades clear through Pershing, which holds the brokerage accounts. Its annual audited report filed with the SEC, May 2026
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 16 | $3.7B | 56% |
| Other | 1 | $1.3B | 19% |
| Insurance companies | 3 | $982M | 15% |
| Other investment advisers | 2 | $630M | 9% |
Private funds
NXT Capital Investment Advisers, LLC reports 16 private funds with $3.2B in gross assets: hedge funds, private equity funds, securitized asset funds (Form ADV Item 7.B).
Disciplinary disclosures
NXT Capital Investment Advisers, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗nxtcapital.com ↗
AtlasMembers
The full record on NXT Capital Investment Advisers, LLC
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, ten years of filings
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- Growth over one, three and five years
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- Rank against 1,207 peers of its type and size
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- Owners and executives, with titles and stakes
- 3 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 5Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does NXT Capital Investment Advisers, LLC manage?
NXT Capital Investment Advisers, LLC reports $6.6 billion in regulatory assets under management across 22 accounts, 93% of it on a discretionary basis, on its Form ADV filed August 26, 2026.
What kind of firm is NXT Capital Investment Advisers, LLC?
NXT Capital Investment Advisers, LLC is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.
Who are NXT Capital Investment Advisers, LLC’s clients?
By assets, its largest client types are pooled investment vehicles ($3.7 billion, 16 clients); other ($1.3 billion, 1 clients); insurance companies ($982 million, 3 clients).
Does NXT Capital Investment Advisers, LLC manage private funds?
Yes. It reports 16 private funds with $3.2 billion in gross assets, including hedge funds, private equity funds, securitized asset funds.
Does NXT Capital Investment Advisers, LLC have any disciplinary history?
NXT Capital Investment Advisers, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is NXT Capital Investment Advisers, 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 (2026-08-26), 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). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. 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 →