Vienna, VA Follin Ln Office

Navy Federal Investment Services primarily serves members of Navy Federal Credit Union as well as individual, trust, and institutional clients, offering financial planning, retirement-plan fiduciary services, and portfolio management through both advisory programs and brokerage channels. The firm is dual‑registered as an SEC investment adviser and a broker‑dealer, and it also provides brokerage and insurance products through its registered representatives and licensed insurance agents.

Investment services are delivered largely through third‑party portfolio managers accessed on the Envestnet platform, with model-driven asset allocation, account monitoring, rebalancing, and unified managed account (UMA) options; NFIS documents a range of available sub‑advisers including BlackRock, Vanguard, Goldman Sachs, and Members Trust Company and offers overlay services (tax and impact) and a Private Wealth Consulting program for clients with $1,000,000+. While third‑party managers typically have discretionary trading authority within selected models, NFIS retains responsibility for client suitability, manager selection and oversight and the authority to retain or terminate managers on clients’ behalf.

This firm’s structure and affiliations are notable relative to many peers: it is affiliated with a large credit‑union banking group (Navy Federal Financial Group), operates as a broker‑dealer with many IARs also registered representatives, and maintains clearing relationships (including Pershing, DriveWealth, and Apex via an introducing arrangement with Osaic). Its business mixes advisory AUM with substantial non‑discretionary brokerage and commission activity, has a parent‑company ownership stake (less than 10%) and board ties with Members Trust Company (for which Navy Federal receives solicitor fees), and its fee model is largely percentage‑of‑AUM across programs with a limited fixed‑fee digital offering ($3.50/month Digital Investor).