NexWealth LLC

NexWealth provides discretionary investment management and financial planning to individuals (including high net worth clients), pension and profit‑sharing plans, trusts, estates, charitable organizations, and business entities. Financial planning and other consulting services are generally offered at no additional cost to ongoing investment‑management clients.

The firm’s investment process emphasizes asset allocation across equities, fixed income, mutual funds and ETFs and combines long‑term and short‑term security selection; NexWealth also engages third‑party sub‑advisors for certain mandates and monitors their holdings for concentration and leverage. NexWealth’s disclosures describe the use of derivatives (including options) and attention to leverage and liquidity risks when constructing separately managed accounts.

What distinguishes NexWealth from many peers is its affiliation with another registered adviser, Long Short Advisors, LLC, which manages a proprietary mutual fund; the brochure discloses this relationship and states the firm does not charge its advisory fee on assets invested in that affiliated fund. The firm also discloses practices that are uncommon among similar advisers — including the use of borrowing and derivatives in separately managed accounts and routine oversight of potentially leveraged or concentrated sub‑advisor strategies — factors that can materially affect liquidity and risk profiles.