NPA Asset Management, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$835,765,622
Clients
2,293
Advisors
32
across 2 offices
About
NPA Asset Management, LLC is an SEC‑registered adviser that serves individuals (including high‑net‑worth clients), corporations, pension and charitable accounts through a network of 51 advisors and roughly 2,293 client relationships, managing about $1.065 billion in assets. The firm offers multiple managed‑account programs (Advisor Managed, MA Direct, MA Custom AdvisorFlex), third‑party asset manager referrals, and access to mutual funds, ETFs, individual securities and insurance products.
Advisory services are delivered via the Advisor’s Edge platform, where advisors help match clients to discretionary model portfolios, sub‑advisors (including Lockwood), or non‑discretionary recommendations and provide periodic performance reporting and account monitoring. Clients commonly custody assets at Pershing and may choose discretionary or non‑discretionary authority; the brochure reports roughly $543.96 million managed discretionarily and about $520.82 million managed on a non‑discretionary basis.
Distinctive aspects include the firm’s sizeable non‑discretionary AUM relative to many large peers and its ongoing broker‑dealer affiliation (Nationwide Planning Associates, Inc.), which the brochure discloses brings execution, clearing and revenue‑sharing arrangements that can create conflicts of interest. The firm also discloses a 2022 SEC settlement addressing past principal trading and suitability oversight issues and notes subsequent changes to its policies and program disclosures, which prospective clients may consider when evaluating the adviser.
Client services
Expertise
Fee options
Negotiable up to 3.00% annually maximum, typically tiered or flat based on advisor discretion
Commission-based compensation may apply when Advisors act in broker-dealer or insurance agent capacities selling securities or insurance products; commissions vary by product.
Account minimum: $50,000 Fee-only: Annual Account Management Fee up to 3% maximum, negotiable; payable quarterly in advance; may include Sub-Advisor fees within 3% max; one-time Portfolio Development Fee up to 1% (negotiable) for Advisor Managed Account Program.
Main office
See office32 16 Broadway 2nd Floor
Fair Lawn NJ 07410
Advisors at this office
31
Offices (2)
Most active in
California · Connecticut · Florida · Georgia · Illinois · Kansas · New Jersey · New York · North Carolina · Pennsylvania · Puerto Rico · Rhode Island · Tennessee · Texas · Virginia
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
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