NRI Wealth Management, LLC

NRI Wealth Management provides discretionary portfolio management, financial planning, and ERISA retirement-plan services to individual and high-net-worth clients, overseeing about $309.8 million in discretionary assets with a two-advisor team. Like many supported firms, it prepares individualized Investment Policy Statements to guide asset allocation and implements AUM-based advisory arrangements.

The firm seeks written discretionary authority to implement client-specific strategies, using fundamental analysis and diversified allocations across equities, ETFs, bonds and REITs to match stated risk tolerances and time horizons. Accounts are reviewed at least monthly for adherence to objectives, rebalancing opportunities, and tax-loss harvesting, and the firm documents client restrictions and plan-specific requirements for ERISA engagements, including acting as a 3(38) investment manager where agreed.

NRI is notable among peers for its affiliated insurance activities and private-investment ties: the firm’s principal operates an affiliated insurance business (NRI Life Insurance, LLC) and advisors may receive commissions on insurance products, and the firm discloses ownership interests in private investment and real estate entities (for example, Nestfund Investments, NRI Orchards LLC, FP Houston Apartments LLC, and Lake View Orchards Investment I & II), which may involve sponsorship or syndication and are identified as potential conflicts of interest. The brochure discloses these relationships and referral arrangements and describes procedural and disclosure-based mitigations the firm uses when recommending affiliated or commissionable products.