About Nelson Wealth Advisors
We are a committed group of professionals dedicated to providing superior investment advice to
our corporate and high net worth clients. We average over 30 years of experience in the financial
industry. We strive to provide the best, most professional and personalized service possible. We
act honestly, with pride and integrity, and always in the best interest of our clients. We earn
our clients trust and respect. We believe our knowledge, combined with the exceptional service we
provide, ensure our clients are proud to recommend us to their family members, colleagues and
friends.
Also located at 9121 Anson Way, Suite #204, Raleigh NC, 27615
See Disclosures
General Information
Firm Start Year
1987
CRD#
1780923
Firm CRD#
30613
Insurance License#
North Carolina #1710875
Name of Broker/Dealer
Cetera Advisors LLC
Name of Custodial Firm
Pershing, LLC
States Licensed in
CA, CO, FL, MI, MO, NV, NY, NC, PA, SC, TN, TX, VA, WA
Years of Experience in Financial Services
35
Number of Years with Current Firm
15
Work Experience
In October 1987, the stock market crashed. With equity valuations so low, I decided to leave commercial real estate and enter the brokerage business. By December 1987, I had passed the series 7 exam and was working as a broker in
midtown Manhattan. After learning the business in New York City, I decided to move to the Raleigh area where my
Uncle was a NC State professor.
Starting in the 1960's, my family has migrated from the New York area to North Carolina. I joined Interstate Securities. They later merged with Johnson Lane to become Interstate Johnson Lane (IJL). Later Wachovia Bank acquired IJL, and we became Wachovia Securities. At IJL, I was one of the youngest branch managers in the firm's history (age 26).
I stayed with that firm for 13 years. During that time, I provided market commentary on TV (the local NBC TV affiliate), and also on radio (WPTF 680 AM).
I've always valued education. When I was 33, I went to Duke University's Fuqua School of Business. I earned an MBA, and finished in the top of the class. At the graduation ceremony, 2 of my professors asked me to come back and guest
lecture. I've guest lectured in 5 different MBA classes since graduation.
At Duke, I was one of our elected class leaders. I've stayed active since then including a stint as President of Duke's largest alumni association with 17,000 members in my chapter. I've also earned a Chartered Retirement Planning Counselor (CRPC) designation, and a Chartered Retirement Plans Specialist (CRPS) designation from the College for Financial Planning. While attending Duke, I founded Nelson Wealth Advisors. At first our financial planning and investment consulting group was housed at a major brokerage firm.
In 2005, we decided to go independent. Independence has given us a great deal of flexibility to structure our practice more cost efficiently, and has expanded the range of investment options we've been able to offer our
clients.
Work with the following types of clients
Non-Profit Organizations, Individual Investors, Businesses
Compliance
Registered Representative
Yes
Investment Advisor Representative
Yes
Acknowledged fiduciary
Yes
Compliance Disclosures in Last 5 years
I have a clean record
Criminal Disclosures in Last 5 years
I have a clean record
Qualifications & Membership
Certifications, Accreditations & Designations
CRPS®, AIF®, CRPC®, AIFA®
Securities Licenses
Series 7, Series 9, Series 10, Series 24, Series 63, Series 65
Insurance and Annuity Licenses
Variable Life, Long Term Care, Variable Annuity, Life, Annuity
Non-Financial Organization Memberships
Capital Area Soccer League. I've coached Classic, Challenge, and Rec soccer. I've taken teams to tournaments throughout the US and Europe. Duke Alumni Association - Past President Triangle Chapter Chapel Hill Chamber of Commerce - Past President of the Welcoming Committee Wood Valley Home Owners Association - Past Vice President
Compensation and Fees
Fee Structure
Fee-Based
Minimum Portfolio Size for New Managed Accounts
$1M and up
Compensation Methods
Based on Assets, Hourly, Flat Fee, Commissions
Fee % Based on Assets
varies
Flat Fee Rate
varies
Additional Details on Charges
We have complete flexibility in our billing. If a client prefers, we can bill on a fee only basis. However, some investments pay brokers of record a fee to be listed as broker of record. We can use these fees to offset charges if the client prefers. We can work, fee based, commission based, or some combination of the two. The client can choose what is best for them.
Minimum Fee Charged for Managed Accounts
none
Minimum Fee Charged for Hourly Planning Accounts
none
Minimum Fee Charged for Flat Fee Accounts
none
Education
MBA -
Duke University Fuqua School of Business
2000 - 2001
B.S. Engineering - Engineering
Tufts University
1983 - 1987
Disclosures
Additional Detailed Disclosures
https://www.financialplanners.net/disclosure/1822070/financialplanners-Nelson-Wealth-Advisors-detailed-disclosure.html
Disclaimer
Securities and advisory services are offered through Cetera Advisors LLC, member FINRA/SIPC, a broker-dealer and registered investment advisor. Cetera is under separate ownership from any other named entity.