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
Nlg Capital LLC
Latest filing Mar 30, 2026
First filing on the tape Nov 30, 2011 · 30 filings
SEC status approved since Jul 11, 2000
RAUM
$47B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
54
48 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$47B as of Mar 30, 2026
Mar 30, 2012$27B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 30, 20120 then
Employees (5.A)54 as of Mar 30, 2026
Mar 28, 201345 then
Private funds: no history
RAUM +19% over the last fiscal year+14% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 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
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $4.7BderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 100%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +19%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-based, otherreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
- 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
- has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Insurance companies$46B99%
- Pension and profit-sharing plans$319M0.7%
- Corporations and businesses$32.8M0.1%
- Charitable organizations$23.8M0.1%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 1reported
- Charitable clients
- 1reported
- Accounts
- 10reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.0 institutional_share=1.0 related_bd=true related_bank=false bd_reps=1.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
- Ramsey A Luhr to Maple Capital Management, Inc.Jun 23, 2004 · Other
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Mehran Assadi · Chair, Directorcontrolsince 01/2009 · owns less than 5%
- Earl Robert Cotton · Director, President & Ceocontrolsince 01/2018 · owns less than 5%
- Joseph Jason Doiron · Executive Vice Presidentcontrolsince 09/2021 · owns less than 5%
- Dominic Peter Trojano · Vice Presidentcontrolsince 04/2023 · owns less than 5%
- M. Greg Mateja · Vice President & Treasurersince 04/2021 · owns less than 5%
- Francesca Lisa Muller · Director, Vice President, Senior Counsel, Secretary & Chief Legal Officersince 10/2018 · owns less than 5%
- Dwight Gregory Teese · Chief Compliance Officersince 04/2022 · owns less than 5%
Entity owners
- Nlv Financial Corporation ("Nlvf") · Sole Stockholderdirect · owns 75% or more
- National Life Holding Company ("Nlhc") · Sole Stockholder - Nlvfindirect · owns 75% or more of Nlv Financial Corporation ("Nlvf")
Related persons
Schedule D 7.A
- Catamount Reinsurance Companyreal estaten
- Esi Financial Advisorsbroker-dealerinvestment adviserreal estatenRAUM $2.8B
- Life Insurance Company Of The Southwestreal estaten
- Longhorn Reinsurance Companyreal estaten
- National Life Distribution, LLCreal estaten
- National Life Insurance Companyreal estaten
Advisers that list Nlg Capital LLC as a related person
- 265 n
Offices
Schedule D 1.F, the 25 largest
- Addison, TX3 employees
What changed
consecutive filings, newest first
- Accounts · 9 to 10Jan 30, 2026 to Mar 30, 2026
- Business name · NLG CAPITAL, INC. to NLG CAPITAL LLCJan 30, 2026 to Mar 30, 2026
- Corporate clients · unset to 2.0Jan 30, 2026 to Mar 30, 2026
- Legal name · NLG CAPITAL, LLC to NLG CAPITAL LLCJan 30, 2026 to Mar 30, 2026
- Discretionary RAUM · $45B to $47BJan 30, 2026 to Mar 30, 2026
- RAUM · $45B to $47BJan 30, 2026 to Mar 30, 2026
- Succession · true to falseJan 30, 2026 to Mar 30, 2026
- Accounts · 8 to 9Mar 28, 2025 to Jan 30, 2026
- Advisory employees · 41 to 48Mar 28, 2025 to Jan 30, 2026
- Charity clients · unset to 1.0Mar 28, 2025 to Jan 30, 2026
- Pension plan clients · unset to 1.0Mar 28, 2025 to Jan 30, 2026
- Employees · 44 to 54Mar 28, 2025 to Jan 30, 2026
- Legal name · NLG CAPITAL, INC. to NLG CAPITAL, LLCMar 28, 2025 to Jan 30, 2026
- Organization form · Corporation to Limited Liability CompanyMar 28, 2025 to Jan 30, 2026
- Discretionary RAUM · $39B to $45BMar 28, 2025 to Jan 30, 2026
- Pension RAUM · $305M to $319MMar 28, 2025 to Jan 30, 2026
- RAUM · $39B to $45BMar 28, 2025 to Jan 30, 2026
- Succession · false to trueMar 28, 2025 to Jan 30, 2026
- Employees · 43 to 44Mar 27, 2024 to Mar 28, 2025
- Financial planning clients · 0 to 0Mar 27, 2024 to Mar 28, 2025
- Other offices · 1 to 2Mar 27, 2024 to Mar 28, 2025
- Discretionary RAUM · $36B to $39BMar 27, 2024 to Mar 28, 2025
- Pension RAUM · $324M to $305MMar 27, 2024 to Mar 28, 2025
- RAUM · $36B to $39BMar 27, 2024 to Mar 28, 2025
- Advisory employees · 46 to 41Mar 31, 2023 to Mar 27, 2024
- BD registered reps · 0 to 1Mar 31, 2023 to Mar 27, 2024
- Employees · 50 to 43Mar 31, 2023 to Mar 27, 2024
- Discretionary RAUM · $31B to $36BMar 31, 2023 to Mar 27, 2024
- Pension RAUM · $324M to $324MMar 31, 2023 to Mar 27, 2024
- RAUM · $31B to $36BMar 31, 2023 to Mar 27, 2024
- Accounts · 7 to 8Apr 25, 2022 to Mar 31, 2023
- Advisory employees · 23 to 46Apr 25, 2022 to Mar 31, 2023
- Charity clients · 0.0 to unsetApr 25, 2022 to Mar 31, 2023
- Employees · 29 to 50Apr 25, 2022 to Mar 31, 2023
- Discretionary RAUM · $36B to $31BApr 25, 2022 to Mar 31, 2023
- Pension RAUM · $414M to $324MApr 25, 2022 to Mar 31, 2023
- RAUM · $36B to $31BApr 25, 2022 to Mar 31, 2023
- Accounts · 8 to 7Feb 10, 2022 to Mar 31, 2022
- Advisory employees · 29 to 23Feb 10, 2022 to Mar 31, 2022
- Business name · SENTINEL ASSET MANAGEMENT, INC. to NLG CAPITAL, INC.Feb 10, 2022 to Mar 31, 2022
Signals
10 dated events
- Nlg Capital, Inc. reported succeeding to the business of Nlg Capital, Inc. (Form ADV Item 4)Jan 30, 2026 · Succession (Item 4) · fact
- Dominic Peter Trojano (Vice President) appeared on Schedule A of Nlg Capital LlcMar 27, 2024 · Control person joined · fact
- J Robert Lewton (Vice President & Chief Compliance Officer) no longer on Schedule A of Nlg Capital Llc (listed 2022-03-31, absent 2022-04-25)Apr 25, 2022 · Control person left · inference
- J Robert Lewton (Vice President & Chief Compliance Officer) appeared on Schedule A of Nlg Capital LlcMar 31, 2021 · Control person joined · fact
- Dwight Gregory Teese (Vice President And Chief Compliance Officer) no longer on Schedule A of Nlg Capital Llc (listed 2020-03-27, absent 2021-03-31)Mar 31, 2021 · Control person left · inference
- Donald Gregory Woodworth (Director) no longer on Schedule A of Nlg Capital Llc (listed 2019-03-30, absent 2019-07-10)Jul 10, 2019 · Control person left · inference
- Van Timothy Ryder (Senior Vice President) no longer on Schedule A of Nlg Capital Llc (listed 2019-03-30, absent 2019-07-10)Jul 10, 2019 · Control person left · inference
- Jermone Lawrence Caron (Chief Financial Officer) no longer on Schedule A of Nlg Capital Llc (listed 2018-07-17, absent 2019-03-06)Mar 6, 2019 · Control person left · inference
- Van Timothy Ryder (Senior Vice President) appeared on Schedule A of Nlg Capital LlcMar 6, 2019 · Control person joined · fact
- Shukri Khader (Chief Information Security Officer) no longer on Schedule A of Nlg Capital Llc (listed 2018-07-17, absent 2019-03-06)Mar 6, 2019 · Control person left · inference
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
- Principal office phone
- 802-229-3773reportedpublic record, Form ADV, Mar 30, 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
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026