DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Nisa Investment Advisors, LLC
Latest filing Mar 26, 2026
First filing on the tape Mar 30, 2012 · 30 filings
SEC status approved since Nov 17, 1993
RAUM
$344B
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
0.1%
$382M individuals and HNW
Advisors
82
registered through the firm on IAPD
RAUM per advisor
$4.2B
derived; firm RAUM over IAPD count
Employees
417
217 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$344B as of Mar 26, 2026
Mar 30, 2012$93B then
HNW client RAUM$382M as of Mar 26, 2026
Mar 26, 2018$0 then
State-registered IARs (5.B.3)75 as of Mar 26, 2026
Mar 30, 20120 then
Employees (5.A)417 as of Mar 26, 2026
Mar 28, 2013155 then
Private funds: 3
RAUM +9.1% over the last fiscal year+7.4% a year over threeIARs 76 to 75
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
Archetypes, each a printed rule
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- RAUM per advisor
- $4.2BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 0derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $29.4MderivedHNW RAUM over HNW clients
- Average account
- $782MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 87%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 5.1derivedItem 5.A over advisors
- Advisors per office
- 82.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +9.1%derivedbetween the last two annual amendments
- Advisor growth, one year
- -1.3%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +63%derived
- Compensation
- percentage of assets, fixed fees, performance-based, otherreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, otherreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Custody
- $310M, 13 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pension and profit-sharing plans$177B56%
- State and municipal entities$108B34%
- Pooled investment vehicles$12B3.7%
- Charitable organizations$10B3.2%
- Corporations and businesses$4.6B1.5%
- Insurance companies$2.4B0.8%
- High-net-worth individuals$382M0.1%
- Individual clients
- 0reported
- HNW clients
- 13reported
- Pension plan clients
- 255reported
- Charitable clients
- 18reported
- Accounts
- 440reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $0 sponsored, $78.3M managedreported
- Custody of client assets
- $310M for 13 clientsreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.03 institutional_share=0.87 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
82 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Anthony Randal PopeChartered Financial Analyst | St. Louis, Mo | Nov 6, 1997 | 31 y | 0 |
| Jennifer L MccarthyChartered Financial Analyst | St. Louis, Mo | Jan 1, 2002 | 32 y | 0 |
| David Gordon EichhornChartered Financial Analyst | St. Louis, Mo | Jan 1, 2002 | 19 y | 0 |
| Carl Richard KueblerChartered Financial Analyst | St. Louis, Mo | Sep 4, 2003 | 31 y | 0 |
| Daniel Arthur ScholzChartered Financial Analyst | St. Louis, Mo | Sep 25, 2003 | 15 y | 0 |
| Gregory William Johnson | St. Louis, Mo | Oct 1, 2003 | 22 y | 0 |
| Thomas Bischoff WhiteChartered Financial Analyst | St. Louis, Mo | Jan 2, 2004 | 30 y | 0 |
| Kevin Daniel SchumanChartered Financial Analyst | St. Louis, Mo | May 11, 2004 | 15 y | 0 |
| Cheryl Leigh Hanson | St. Louis, Mo | Mar 25, 2005 | 21 y | 0 |
| John Sook Choe | St. Louis, Mo | Oct 18, 2005 | 20 y | 0 |
| Biswajit BhattacharyaChartered Financial Analyst | St. Louis, Mo | Nov 7, 2005 | 10 y | 0 |
| Mark Alexander Folkins | St. Louis, Mo | Nov 16, 2005 | 21 y | 0 |
| Daniel H RileyChartered Financial Analyst | St. Louis, Mo | Nov 24, 2006 | 27 y | 0 |
| Christopher Eric GoebelChartered Financial Analyst | St. Louis, Mo | Apr 11, 2008 | 19 y | 1 |
| Matthew G Byron | St. Louis, Mo | Jun 2, 2008 | 18 y | 0 |
| Patrick Ryan Foley | St. Louis, Mo | Aug 14, 2008 | 18 y | 0 |
| Vinodkumar Sadasivam | St. Louis, Mo | Aug 19, 2008 | 20 y | 0 |
| William Russell Groth | St. Louis, Mo | Mar 17, 2009 | 21 y | 0 |
| Patrick Thomas FuchsChartered Financial Analyst | St. Louis, Mo | Apr 28, 2010 | 23 y | 0 |
| Richard Robert Ratkowski | St. Louis, Mo | May 11, 2011 | 15 y | 0 |
| Jordan Craig RouffChartered Financial Analyst | St. Louis, Mo | Apr 25, 2012 | 21 y | 0 |
| Richard Michael DolsonChartered Financial Analyst | St. Louis, Mo | Sep 13, 2013 | 27 y | 1 |
| Mark David Hasemeier | St. Louis, Mo | Mar 24, 2014 | 12 y | 0 |
| Kevin Michael ShultzChartered Financial Analyst | St. Louis, Mo | Jul 14, 2014 | 18 y | 1 |
| Ann Marie Lanza GehringChartered Financial Analyst | St. Louis, Mo | Sep 8, 2014 | 17 y | 0 |
| Andrew John HarwerthChartered Financial Analyst | St. Louis, Mo | Sep 8, 2014 | 15 y | 0 |
| Matthew Gayle Ferris | St. Louis, Mo | Sep 26, 2014 | 15 y | 0 |
| Eric Raymond RohrChartered Financial Analyst | St. Louis, Mo | Oct 7, 2014 | 14 y | 0 |
| Timothy Daniel Hughes | St. Louis, Mo | Jun 8, 2015 | 20 y | 0 |
| Ryan Joseph HenrichsChartered Financial Analyst | St. Louis, Mo | Sep 10, 2015 | 17 y | 1 |
| Derek Warren Lohse | St. Louis, Mo | Sep 28, 2015 | 18 y | 0 |
| Zachery John Stevens | St. Louis, Mo | Feb 5, 2016 | 13 y | 0 |
| Luke Austin ObholzChartered Financial Analyst | St. Louis, Mo | Apr 14, 2016 | 19 y | 0 |
| Michael Patrick VanousChartered Financial Analyst | St. Louis, Mo | Sep 9, 2016 | 10 y | 0 |
| Dezhi Fu | St. Louis, Mo | Oct 28, 2016 | 12 y | 0 |
| Ross Owen Barthold | St. Louis, Mo | Jan 23, 2017 | 15 y | 0 |
| James Lee HobbsChartered Financial Analyst | St. Louis, Mo | Sep 6, 2017 | 13 y | 0 |
| Paul Michael OehrleinChartered Financial Analyst | St. Louis, Mo | Jan 9, 2018 | 16 y | 0 |
| Randy Todd Lane | St. Louis, Mo | Jan 11, 2018 | 15 y | 0 |
| Joseph Anthony SodemannChartered Financial Analyst | St. Louis, Mo | Jun 18, 2018 | 19 y | 1 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Kiana Mason to Allworth Financial, L.P.Jun 27, 2025 · Other
- Alexander Alfred Watson to Hanson & Doremus Investment ManagementJul 9, 2018 · Other
- Gideon Ozik to Mkt Mediastats, LLCAug 16, 2006 · Other
- James John Kragenbring to Aquifer Capital, LLCDec 8, 2003 · Other
Joined, latest
- Brendan Christopher Normile from Everbank Wealth ManagementOct 18, 2019 · Other
- Dirk James Thompson from Wells Fargo AdvisorsJul 15, 2019 · Other
- Joseph Anthony Sodemann from Securian Financial Services, Inc.Jun 18, 2018 · Other
- Ryan Joseph Henrichs from Wells Fargo AdvisorsSep 10, 2015 · Other
- Kevin Michael Shultz from Edward JonesJul 14, 2014 · Other
- Christopher Eric Goebel from Hewitt Investment Group LLCApr 11, 2008 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- G Matthew Byron · Chief Operating Officercontrolsince 05/2022 · owns less than 5%
- Gordon David Eichhorn · Chief Executive Officer & Head Of Investment Strategiescontrolsince 01/2021 · owns less than 5%
- Alexander Mark Folkins · Chief Administrative Officercontrolsince 01/2020 · owns less than 5%
- Leigh Cheryl Hanson · Managing Director, Client Servicescontrolsince 04/2019 · owns less than 5%
- Lloyd Kenneth Lester · Managing Director, Portfolio Managementcontrolsince 10/2012 · owns less than 5%
- Randal Anthony Pope · Managing Director, Portfolio Managementcontrolsince 10/2012 · owns less than 5%
- Robert Richard Ratkowski · Director, Investment Strategiescontrolsince 09/2016 · owns less than 5%
- L.F. Bella Sanevich · Managing Director, Corporate Governance And Legalcontrolsince 04/2019 · owns less than 5%
- Gordon David Eichhorn · Controlling Managercontrolsince 01/2019 · owns F of Nisa, LLC
- Lloyd Kenneth Lester · Controlling Managercontrolsince 01/2019 · owns F of Nisa, LLC
- Randal Anthony Pope · Controlling Managercontrolsince 01/2019 · owns F of Nisa, LLC
- Michael Richard Dolson · Chief Compliance Officersince 01/2019 · owns less than 5%
Entity owners
- Nisa, LLC · Parent Companydirect · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| St Louis, Mo | 82 | 11 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Mar 26, 2026custody of client assets (Item 9.A): no on the filing of 2025-03-27, yes on the filing of 2026-03-26peers: institutional managers, $20B and over (90)
What changed
consecutive filings, newest first
- Accounts · 428 to 440Mar 27, 2025 to Mar 26, 2026
- Advisory employees · 202 to 217Mar 27, 2025 to Mar 26, 2026
- Advisory activities · 3 to 4Mar 27, 2025 to Mar 26, 2026
- Charity clients · 16 to 18Mar 27, 2025 to Mar 26, 2026
- HNW clients · 8 to 13Mar 27, 2025 to Mar 26, 2026
- Pension plan clients · 262 to 255Mar 27, 2025 to Mar 26, 2026
- Pooled vehicle clients · 12 to 14Mar 27, 2025 to Mar 26, 2026
- Assets in custody · unset to 309639357.0Mar 27, 2025 to Mar 26, 2026
- Custody of client assets · false to trueMar 27, 2025 to Mar 26, 2026
- Employees · 393 to 417Mar 27, 2025 to Mar 26, 2026
- State-registered IARs · 76 to 75Mar 27, 2025 to Mar 26, 2026
- Private funds · unset to 3Mar 27, 2025 to Mar 26, 2026
- Discretionary RAUM · $309B to $337BMar 27, 2025 to Mar 26, 2026
- HNW RAUM · $265M to $382MMar 27, 2025 to Mar 26, 2026
- Non-discretionary RAUM · $6.3B to $7.2BMar 27, 2025 to Mar 26, 2026
- Pension RAUM · $169B to $177BMar 27, 2025 to Mar 26, 2026
- Pooled vehicle RAUM · $9.1B to $12BMar 27, 2025 to Mar 26, 2026
- RAUM · $315B to $344BMar 27, 2025 to Mar 26, 2026
- Wrap assets (manager) · $7.2M to $78.3MMar 27, 2025 to Mar 26, 2026
- Accounts · 282 to 428Mar 25, 2024 to Mar 27, 2025
- Advisory employees · 194 to 202Mar 25, 2024 to Mar 27, 2025
- Charity clients · 7 to 16Mar 25, 2024 to Mar 27, 2025
- Corporate clients · 7 to 13Mar 25, 2024 to Mar 27, 2025
- HNW clients · 14 to 8Mar 25, 2024 to Mar 27, 2025
- Pension plan clients · 210 to 262Mar 25, 2024 to Mar 27, 2025
- Pooled vehicle clients · 9 to 12Mar 25, 2024 to Mar 27, 2025
- Employees · 390 to 393Mar 25, 2024 to Mar 27, 2025
- Financial planning clients · 0 to 0Mar 25, 2024 to Mar 27, 2025
- State-registered IARs · 74 to 76Mar 25, 2024 to Mar 27, 2025
- Discretionary RAUM · $299B to $309BMar 25, 2024 to Mar 27, 2025
- HNW RAUM · $55.1M to $265MMar 25, 2024 to Mar 27, 2025
- Non-discretionary RAUM · $6.8B to $6.3BMar 25, 2024 to Mar 27, 2025
- Pension RAUM · $179B to $169BMar 25, 2024 to Mar 27, 2025
- Pooled vehicle RAUM · $4.8B to $9.1BMar 25, 2024 to Mar 27, 2025
- RAUM · $306B to $315BMar 25, 2024 to Mar 27, 2025
- Wrap assets (manager) · $0 to $7.2MMar 25, 2024 to Mar 27, 2025
- Accounts · 216 to 282Mar 27, 2023 to Mar 25, 2024
- Advisory employees · 182 to 194Mar 27, 2023 to Mar 25, 2024
- Advisory activities · 2 to 3Mar 27, 2023 to Mar 25, 2024
- Charity clients · 8 to 7Mar 27, 2023 to Mar 25, 2024
Signals
6 dated events
- Kiana Mason left Nisa Investment Advisors, Llc for Allworth Financial, L.P. (registered 2026-04-10)Jun 27, 2025 · Advisor changed firm · fact
- Jerrold Gregory Yess (Managing Director, Client Services) no longer on Schedule A of Nisa Investment Advisors, Llc (listed 2023-03-27, absent 2024-03-25)Mar 25, 2024 · Control person left · inference
- Anthony Joseph Murphy (Director, Portfolio Management) no longer on Schedule A of Nisa Investment Advisors, Llc (listed 2022-06-15, absent 2023-03-27)Mar 27, 2023 · Control person left · inference
- Nisa Investment Advisors, Llc reported RAUM $360.0B, up 32% from $272.7B (2021-03-29 to 2022-03-28)Mar 28, 2022 · RAUM change · derived
- Jay William Marshall (Controlling Manager) no longer on Schedule A of Nisa Investment Advisors, Llc (listed 2018-03-26, absent 2019-01-15)Jan 15, 2019 · Control person left · inference
- Nisa Investment Advisors, Llc reported RAUM $177.5B, up 26% from $141.4B (2017-03-29 to 2018-03-26)Mar 26, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/nisa-investment-advisors-l-l-c-reportedpublic record, Form ADV, Sep 17, 2026
- Website
- NISA.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 314-721-1900reportedpublic record, Form ADV, Mar 26, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Institutional managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $4.2Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026