General Information
Newton One Investments, LLC (DBA N1 Advisors) was formed in 2014 and provides financial
planning, portfolio management and pension consulting services to its clients. Prior to 2014, Newton
One Investments LLC operated as Newton One Advisors, LLC which was established in 2001.
At the outset of each advisory client relationship, N1 Advisors spends time with the client, asking
questions, discussing the client’s investment experience and financial circumstances, and
broadly identifying a client’s financial goals and objectives.
N1 Advisors provides portfolio management services based on the information gathered from
clients. N1 Advisors generally develops with each client:
• investment portfolio for the client based on the client’s financial circumstances
and risk tolerance level (the “Client Profile”);
• the client’s investment goals and/or objectives (the “Investment Objective
Confirmation [IOC]”).
The Client Profile is a reflection of information as described above. The IOC outlines the types of
investments N1 Advisors will make on behalf of the client to achieve their goals and/or objectives.
The Profile and the Investment Plan are discussed regularly with each client, but are not
necessarily written documents.
Portfolio Management
At the beginning of a client relationship, N1 Advisors meets with the client, gathers information
and performs research and analysis as necessary to develop the client’s IOC. The IOC will be
updated from time to time when requested by the client, or when determined to be necessary or
advisable by N1 Advisors based on updates to the client’s financial or other circumstances.
To implement the client’s IOC, N1 Advisors will manage the client’s investment portfolio on a
discretionary basis. As a discretionary investment adviser, N1 Advisors will have the authority to
supervise and direct the portfolio without prior consultation with the client.
Notwithstanding the foregoing, clients may impose certain reasonable written restrictions on N1
Advisors in the management of their investment portfolios, such as prohibiting specific security
positions in an investment portfolio or prohibiting the sale of certain investments held in the
account at the commencement of the relationship. Each client should note, however, that
restrictions imposed by a client may adversely affect the composition and performance of the
client’s investment portfolios. Each client should also note that his or her investment portfolio is
treated individually by giving consideration to each purchase or sale for the client’s account. For
these and other reasons, performance of client investment portfolios within the same investment
objectives, goals and/or risk tolerance may differ and clients should not expect that the
composition or performance of their investment portfolios would necessarily be consistent with
similar clients of N1 Advisors.
N1 Advisors’ annual investment advisory fee shall generally (exceptions can occur-see below)
include investment advisory services, and, to the extent specifically requested by the client,
financial planning and consulting services. In the event that the client requires extraordinary
planning and/or consultation services (to be determined in the sole discretion of N1 Advisors),
N1 Advisors may determine to charge for such additional services, the dollar amount of which
shall be set forth in a separate written notice to the client.
Financial Planning, as furnished as part of an investment management engagement, may include
advice that addresses one or more areas of a client's financial situation, such as estate planning,
risk management, budgeting and cash flow controls, retirement planning, education funding, and
investment portfolio design and ongoing management. Depending on a client’s particular
situation, financial planning may include some or all of the following:
• Conducting retirement plan analysis
• Gathering information concerning the client's personal and financial situation
• Assisting the client in establishing financial goals and objectives
• Making recommendations to help achieve retirement plan goals and objectives
• Reviewing goals and objectives and measuring progress toward these goals
• Designing an investment portfolio to help meet the goals and objectives of the client
• Providing estate planning
• Assessing risk and reviewing long-term care, life, and disability insurance needs
Retirement Plans
At the beginning of a client relationship, N1 Advisors meets with the client, gathers
information N1 Advisors provides advisory services to various types of qualified
retirement plans, including:
• Trustee Directed Plans. N1 Advisors may be engaged to provide discretionary investment
advisory services to ERISA retirement plans, whereby the Firm shall manage Plan assets
consistent with the investment objective designated by the Plan trustees. In such
engagements, N1 Advisors will serve as an investment fiduciary as that term is defined
under The Employee Retirement Income Security Act of 1974 (“ERISA”). N1 Advisors will
generally provide services on an “assets under management” fee basis per the terms and
conditions of an Investment Advisory Agreement between the Plan and the Firm.
• Participant Directed Retirement Plans. N1 Advisors may also provide investment advisory
and consulting services to participant directed retirement plans per the terms and
conditions of a Retirement Plan Services Agreement between N1 Advisors and the plan.
For such engagements, N1 Advisors shall assist the Plan sponsor with the selection of an
investment platform from which Plan participants shall make their respective investment
choices, and, to the extent engaged to do so, may also provide corresponding education
to assist the participants with their decision making process.
• Client Retirement Plan Assets. If requested to do so, N1 Advisors shall provide investment
advisory services relative to the client’s 401(k) plan assets. In such event, N1 Advisors
shall recommend that the client allocate the retirement account assets among the
investment options available on the 401(k) platform. The client is exclusively responsible
for making all transactions. N1 Advisors’ ability shall be limited to making
recommendations regarding the allocation of the assets among the investment
alternatives available through the plan. N1 Advisors will not receive any communications
from the plan sponsor or custodian, and it shall remain the client’s exclusive obligation to
notify N1 Advisors of any changes in investment alternatives, restrictions, etc. pertaining
to the retirement account.
Principal Owners
Scott Snyder and Eric Pressler are the principal owners of N1 Advisors. Please see their respective
Brochure Supplements for more information on Mr. Snyder and Mr. Pressler, as well as other
individuals who formulate investment advice and have direct contact with clients or have
discretionary authority over client accounts.
Miscellaneous Disclosures
Limitations of Financial Planning and Non-Investment Consulting/Implementation Services.
To the extent specifically requested by the client, N1 Advisors may also provide consulting
services regarding matters such as estate planning and insurance, etc. N1 Advisors may
provide such consulting services inclusive of its advisory fee set forth under the Fees and
Compensation heading below (exceptions may occur based upon assets under management,
extraordinary services, special projects, etc. for which Firm may charge a separate fee, or a
stand-alone consulting engagement). Please Note: If N1 includes financial planning as part of
its investment advisory fee as set forth at Item 5 below, N1’s advisory fee will remain the same
regardless of whether or not the client determines to address financial planning issues with N1.
Please Also Note: N1 Advisors does not serve as an attorney or accountant, and no portion of
our services should be construed as same. Accordingly, we do not prepare estate planning
documents or tax returns. To the extent requested by a client, we may recommend the services
of other professionals for certain non-investment implementation purpose (i.e., attorneys,
accountants, insurance, etc.). The client is under no obligation to engage the services of any
such recommended professional. The client retains absolute discretion over all such
implementation decisions and is free to accept or reject any recommendation from N1 Advisors
and/or its representatives. Please Further Note: If the client engages any recommended
unaffiliated professional, and a dispute arises thereafter relative to such engagement, the client
agrees to seek recourse exclusively from and against the engaged professional. At all times,
the engaged licensed professional[s] (i.e., attorney, accountant, etc.), and not N1 Advisors, shall
be responsible for the quality and competency of the services provided. ANY QUESTIONS: N1
Advisors’ Chief Compliance Officer, Scott Snyder, remains available to address any questions
that a client or prospective client may have regarding the above conflict of interest.
Please Note: Retirement Rollovers-Potential for Conflict of Interest: A client or prospective
client leaving an employer typically has four options regarding an existing retirement plan (and
may engage in a combination of these options): (i) leave the money in the former employer’s
plan, if permitted, (ii) roll over the assets to the new employer’s plan, if one is available and
rollovers are permitted, (iii) roll over to an Individual Retirement Account (“IRA”), or (iv) cash out
the account value (which could, depending upon the client’s age, result in adverse tax
consequences). If N1 Advisors recommends that a client roll over their retirement plan assets
into an account to be managed
by N1 Advisors, such a recommendation creates a conflict of
interest if N1 Advisors will earn new (or increase its current) compensation as a result of the
rollover. If N1 Advisors provides a recommendation as to whether a client should engage in a
rollover or not (whether it is from an employer’s plan or an existing IRA), N1 Advisors is acting
as a fiduciary within the meaning of Title I of the Employee Retirement Income Security Act
and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts.
No client is under any obligation to rollover retirement plan assets to an account managed by
N1 Advisors, whether it is from an employer’s plan or an existing IRA. N1 Advisors’ Chief
Compliance Officer, Scott Snyder remains available to address any questions that a client or
prospective client may have regarding the potential for conflict of interest presented by such
rollover recommendation.
Use of Mutual Funds and Exchange Traded Funds: N1 Advisors utilizes mutual funds and
exchange traded funds for its client portfolios. In addition to N1 Advisors’ investment advisory
fee described below, and transaction and/or custodial fees discussed above, clients will also
incur, relative to all mutual fund and exchange traded fund purchases, charges imposed at the
fund level (e.g., management fees and other fund expenses). The mutual funds and exchange
traded funds utilized by N1 Advisors are generally available directly to the public. Thus, a client
can generally obtain the funds recommended and/or utilized by N1 Advisors independent of
engaging N1 Advisors as an investment advisor. However, if a prospective client does so, then
they will not receive N1 Advisors' initial and ongoing investment advisory services.
N1 Advisors’ Chief Compliance Officer, Scott Snyder, remains available to address any
questions that a client or prospective client may have regarding the above.
Schwab. As discussed below at “Brokerage Practices,” N1 Advisors recommends that Schwab
serve as the broker-dealer/custodian for client investment management assets. Broker-dealers
such as Schwab charge brokerage commissions, transaction, and/or other type fees for effecting
certain types of securities transactions (i.e., including transaction fees for certain mutual funds,
and mark-ups and mark-downs charged for fixed income transactions, etc.). The types of
securities for which transaction fees, commissions, and/or other type fees (as well as the amount
of those fees) shall differ depending upon the broker-dealer/custodian (while certain custodians,
including Schwab, do not currently charge fees on individual equity transactions, others do).
Please Note: there can be no assurance that Schwab will not change its transaction fee pricing in
the future. Please Also Note: Schwab may also assess fees to clients who elect to receive trade
confirmations and account statements by regular mail rather than electronically. In addition to
N1 Advisors’ investment management fee, and transaction fees, clients will also incur, relative to
all mutual fund and exchange traded fund purchases, charges imposed at the fund level (e.g.,
management fees and other fund expenses). The fees charged by Schwab, as well as the charges
imposed at the mutual fund and exchange traded fund level, are in addition to N1 Advisors’
advisory fee referenced in “Fees and Compensation” below.
Cybersecurity Risk. The information technology systems and networks that N1 and its third-
party service providers use to provide services to N1’s clients employ various controls, which
are designed to prevent cybersecurity incidents stemming from intentional or unintentional
actions that could cause significant interruptions in N1’s operations and result in the
unauthorized acquisition or use of clients’ confidential or non-public personal information.
Clients and N1 are nonetheless subject to the risk of cybersecurity incidents that could
ultimately cause them to incur losses, including for example: financial losses, cost and
reputational damage to respond to regulatory obligations, other costs associated with
corrective measures, and loss from damage or interruption to systems. Although N1 has
established processes to reduce the risk of cybersecurity incidents, there is no guarantee that
these efforts will always be successful, especially considering that N1 does not directly control
the cybersecurity measures and policies employed by third-party service providers. Clients
could incur similar adverse consequences resulting from cybersecurity incidents that more
directly affect issuers of securities in which those clients invest, broker-dealers, qualified
custodians, governmental and other regulatory authorities, exchange and other financial market
operators, or other financial institutions.
Cash Positions. N1 continues to treat cash as an asset class. As such, unless determined to the
contrary by N1, all cash positions (money markets, etc.) shall continue to be included as part of
assets under management for purposes of calculating N1’s advisory fee. At any specific point in
time, depending upon perceived or anticipated market conditions/events (there being no
guarantee that such anticipated market conditions/events will occur), N1 may maintain cash
positions for defensive purposes. In addition, while assets are maintained in cash, such amounts
could miss market advances. Depending upon current yields, at any point in time, N1’s advisory
fee could exceed the interest paid by the client’s money market fund. ANY QUESTIONS: N1’s
Chief Compliance Officer, Scott Snyder, remains available to address any questions that a client
or prospective may have regarding the above fee billing practice
Portfolio Activity. N1 Advisors has a fiduciary duty to provide services consistent with the client’s
best interest. As part of its investment advisory services, N1 Advisors will review client portfolios
on an ongoing basis to determine if any changes are necessary based upon various factors,
including, but not limited to, investment performance, market conditions, mutual fund manager
tenure, style drift, account additions/withdrawals, and/or a change in the client’s investment
objective. Based upon these factors, there may be extended periods of time when N1 Advisors
determines that changes to a client’s portfolio are neither necessary nor prudent. Clients
nonetheless remain subject to the fees described under the Fees and Compensation heading
below during periods of account inactivity. Of course, as indicated below, there can be no
assurance that investment decisions made by N1 Advisors will be profitable or equal any specific
performance level(s).
Other Assets. A client may:
• hold securities that were purchased at the request of the client or acquired prior to the
client’s engagement of N1 Advisors. Generally, with potential exceptions, N1 Advisors
does not/would not recommend nor follow such securities, and absent mitigating tax
consequences or client direction to the contrary, would prefer to liquidate such securities.
Please Note: If/when liquidated, it should not be assumed that the replacement securities
purchased by N1 Advisors will outperform the liquidated positions. To the contrary,
different types of investments involve varying degrees of risk, and there can be no
assurance that future performance of any specific investment or investment strategy
(including the investments and/or investment strategies recommended or undertaken by
N1 Advisors) will be profitable or equal any specific performance level(s). In addition,
there may be other securities and/or accounts owned by the client for which N1 Advisors
does not maintain custodian access and/or trading authority; and,
• hold other securities and/or own accounts for which N1 Advisors does not maintain
custodian access and/or trading authority.
Corresponding Services/Fees: When agreed to by N1 Advisors, N1 Advisors shall: (1) remain
available to discuss these securities/accounts on an ongoing basis at the request of the
client; (2) monitor these securities/accounts on a regular basis, including, where applicable,
rebalancing with client consent; (3) shall generally consider these securities as part of the
client’s overall asset allocation; (4) report on such securities/accounts as part of regular
reports that may be provided by N1 Advisors; and, (5) include the market value of all such
securities for purposes of calculating advisory fee.
ANY QUESTIONS: N1 Advisors’ Chief Compliance Officer, Scott Snyder, remains available to
address any questions regarding the above.
Client Obligations. In performing our services, N1 Advisors shall not be required to verify any
information received from the client or from the client’s other professionals, and is expressly
authorized to rely thereon. Moreover, it remains each client’s responsibility to promptly notify N1
Advisors if there is ever any change in his/her/its financial situation or investment objectives for
the purpose of reviewing/evaluating/revising our previous recommendations and/or services.
Please Note: Investment Risk. Different types of investments involve varying degrees of risk, and
it should not be assumed that future performance of any specific investment or investment
strategy (including the investments and/or investment strategies recommended or undertaken
by N1 Advisors) will be profitable or equal any specific performance level(s).
Disclosure Brochure. A copy of N1 Advisors’ written disclosure Brochure as set forth on Part 2 of
Form ADV, along with N1’s Form CRS (Relationship Summary) shall be provided to each client
before, or contemporaneously with, the execution of the Investment Advisory Agreement.
Type and Value of Assets Currently Managed.
As of December 31, 2023, N1 Advisors managed $346,289,540 on a discretionary basis.