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SEC-registered firm

Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.

Nisa Investment Advisors, LLC

St. Louis, MO

CRD 107313

Firm filing updated March 26, 2026 ·

  • $343.9BAssets
  • 440Clients
  • 217Advisory staff
  • 440Accounts

Fees and minimums

All fee types on the form
  • Percentage of assets under managementYes
  • Fixed feesYes
  • Performance-based feesYes
  • OtherYes
  • Hourly chargesNo
  • Subscription fees (for a newsletter or periodical)No
  • CommissionsNo

Who the firm serves

See the client table
Clients by type
Client typeApproximate number of clientsAssets
High net worth individuals13$382.2 million
Pooled investment vehicles (other than investment companies and business development companies)14$11.5 billion
Pension and profit sharing plans (but not the plan participants or government pension plans)255$177.3 billion
Charitable organizations18$10.1 billion
State or municipal government entities (including government pension plans)22$107.6 billion
Insurance companies16$2.4 billion
Corporations or other businesses not listed above13$4.6 billion
Other: "NUCLEAR DECOMMISSIONING TRUSTS AND VEBAS, MODEL DELIVERY"89$29.9 billion
What the client labels mean

Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.

Services

  • Portfolio management for individuals and/or small businesses
  • Portfolio management for pooled investment vehicles (other than investment companies)
  • Portfolio management for businesses (other than small businesses) or institutional clients
See all 4 services
  • Other: "MODEL DELIVERY"
  • Portfolio management for individuals and/or small businesses
  • Portfolio management for pooled investment vehicles (other than investment companies)
  • Portfolio management for businesses (other than small businesses) or institutional clients
  • Other: "MODEL DELIVERY"

Assets and accounts

  • Regulatory assets$343.9 billion
  • Accounts440
  • Discretionary$336.7 billion · 436 accounts
  • Non-discretionary$7.2 billion · 4 accounts

People

  • Employees417
  • Advisory staff217
  • Broker-dealer reps0
  • Licensed insurance agents0
  • Planning clients0
Registration details
  • SEC-registered investment advisor. CRD 107313, SEC file 801-45153.
  • Registered with the SEC as an investment advisor (status date on record: November 17, 1993).

Is Nisa Investment Advisors, LLC a fiduciary?

Short answer: Nisa Investment Advisors, LLC is registered with the SEC as an investment advisor.

More detail

The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'

The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.

The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.

About this data

Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.

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