NEPC, LLC other names

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Adviser Profile

As of Date:

04/04/2024

Adviser Type:

- Large advisory firm

Number of Employees:

358 0.56%

of those in investment advisory functions:

120 -2.44%

Registration:

SEC, Approved, 8/23/1990

AUM:

95,392,808,194 50.03%

of that, discretionary:

95,392,808,194 50.03%

GAV:

5,625,802,320 469.88%

Avg Account Size:

867,207,347 29.57%

% High Net Worth:

9.22% -12.00%

SMA’s:

YES

Private Funds:

4 2

Contact Info

617 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
70B 60B 50B 40B 30B 20B 10B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Community Foundations Seek to Address Racial and Social Justice Issues in 2021 – NEPC Survey
03/23/2021

NEPC, LLC today announced the results of a Community Foundation Survey, fielded at the one-year anniversary of the COVID-19 lockdown in the United States. The findings highlight community ...

Yahoo Finance

Community Foundations Seek to Address Racial and Social Justice Issues in 2021 – NEPC Survey
03/23/2021

NEPC, LLC today announced the results of a Community Foundation Survey, fielded at the one-year anniversary of the COVID-19 lockdown in the United States. The findings highlight community foundations’ vital role in supporting their local communities ...

Yahoo Finance

Community Foundations Seek to Address Racial and Social Justice Issues in 2021 – NEPC Survey
03/23/2021

NEPC, LLC today announced the results of a Community Foundation Survey, fielded at the one-year anniversary of the COVID-19 lockdown in the United States. The findings highlight community foundations’ vital role in supporting their local communities ...

Yahoo Finance

Procare LTC Continues Rapid Expansion With Acquisition of Allen’s PharmaServ, Inc.
03/23/2021

Procare LTC, a leading pharmacy provider serving the long-term care and post-acute sector, today announced the acquisition of Allen’s PharmaServ, Inc., a long-term care pharmacy based in Youngstown, Ohio, serving group homes, residential treatment ...

Yahoo Finance

Independent Study Shows Esteem® Provides Significant Improvements in Hearing for Patients
03/23/2021

Results Published in The Journal of Laryngology & Otology Support Use of Active Middle Ear Implants in Patients with Moderate-to-Severe Sensorineural Hearing Loss Who Have Struggled with Hearing Aids Envoy Medical's fully implanted Esteem® osseointegrated ...

Yahoo Finance

Community Foundations Seek to Address Racial and Social Justice Issues in 2021 – NEPC Survey
03/23/2021

NEPC, LLC today announced the results of a Community Foundation Survey, fielded at the one-year anniversary of the COVID-19 lockdown in the United States. The findings highlight community foundations’ vital role in supporting their local communities ...

Yahoo Finance


Private Funds Structure

Fund Type Count GAV
Other Private Fund 4 $5,625,802,320

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Private Funds



Employees




Brochure Summary

Overview

NEPC is an independent, full-service investment consulting firm. NEPC has been providing financial consulting services as its sole line of business since 1986, based on three main principles: maintain independence, provide proactive advice to help our clients meet or exceed their goals and objectives, and service our clients with seasoned professionals. Our Mission Statement is simple: “We help our clients achieve their goals.” NEPC is owned and controlled by its active partners. NEPC’s founder and Chairman Emeritus, Mr. Richard M. Charlton, retired from active involvement on January 1, 2016. NEPC provides advice on both traditional and alternative assets. Services generally include the following:
• The development and/or refinement of investment policies, objectives and guidelines and their periodic review
• Asset-based asset allocation studies
• Liability-based asset allocation studies every three to five years
• Manager and custodian searches
• Quarterly investment performance reports and accompanying executive summaries
• Monthly flash reports
• Our annual investment conference In general, NEPC does not provide investment management services in the context of managing a portfolio of individual stocks, bonds or other instruments; rather, NEPC provides customized investment advice, which often includes recommendations of specific third-party investment managers. For most clients, NEPC serves as a fiduciary under Section 3(21) of the Employee Retirement
Income Security Act of 1974 (“ERISA”). NEPC does not serve as an attorney, accountant, tax adviser or insurance agent. In addition to traditional advisory consulting services, NEPC provides some clients with discretionary or “OCIO” consulting services, which typically include the services listed above along with additional discretionary services described in Item 16 in this brochure. For discretionary clients, NEPC serves as a fiduciary under Section 3(38) of ERISA. NEPC has created investment funds called Access Vehicles to allow discretionary clients to benefit from our scale through potentially lower investment manager fees and administrative costs. Because we aggregate assets from multiple discretionary clients, these clients can potentially pay lower fees to the underlying managers. They may also qualify for vehicles that have a higher minimum asset requirement than these clients would have on their own. And because these vehicles do not directly generate revenue for NEPC, we are not incented to use them except to benefit clients. We outsource administration, custody and annual audits to third party service providers but NEPC acts as the investment adviser to each Access Vehicle in a discretionary capacity. NEPC provides its consulting services to over 400 retainer clients with total assets of approximately $1.4 trillion1 which consist of approximately $1,359 billion in advisory assets and $60 billion in discretionary assets (or $64 billion including the Access Vehicles). 1 As of 1/1/2023