SEC-Registered Investment Adviser
Nepc, LLC
Registration facts are from the firm's Form ADV Part 1A as published by the SEC, latest filing dated September 22, 2026. Figures are firm-level: they describe the advisory firm, not any single offering.
Registration
- Status
- Approved
- Registered since
- August 23, 1990
- Principal office
- 225 Franklin Street, 29th Floor, Boston, MA 02110
- Organized as
- Limited Liability Company, DE
- Fiscal year end
- December
- Other offices
- 25
Scale
- Regulatory AUM
- $152.7B
- Attributable to non-US clients
- $9.1B
- Accounts
- 132
- Clients
- 303
- Employees
- 379, 132 in advisory roles
- Private funds advised
- 4
- Private fund gross assets
- $2.3B
- Fund types
- 4 other private funds
- Funds with Form D records
- 3 issuers in AltStreet's ledger, $1.2B reported sold across them
Business, clients and compensation, as filed
- Advisory activities
- portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting, selection of other advisers and educational seminars or workshops
- Compensated by
- a percentage of assets under management, hourly charges, fixed fees and performance-based fees
- Client types
- high net worth individuals (35); banking or thrift institutions (1); pooled investment vehicles (8); pension and profit sharing plans (165); charitable organizations (84); state or municipal government entities (73); insurance companies (22); corporations or other businesses (47)
- Related persons include
- a broker-dealer, another investment adviser, a trust company, an accountant or accounting firm, an insurance company or agency and a sponsor, general partner or managing member of pooled investment vehicles
- Affiliates
- 1 broker-dealer, 8 investment advisers
Form ADV Item 11 disclosures
The firm answered yes to the following Item 11 questions. The answers cover the firm and its advisory affiliates; the Disclosure Reporting Pages on IAPD identify the subject and the outcome.
- SEC or CFTC finding of a violation of regulations or statutes (Item 11C(2))
- SEC or CFTC order against the firm or an affiliate (Item 11C(4))
- SEC or CFTC civil money penalty or cease-and-desist (Item 11C(5))
- other regulator finding of a violation (Item 11D(2), 2 reported)
- other regulator order, denial, suspension or revocation (Item 11D(4))
- other regulator restriction on activities (Item 11D(5))
- self-regulatory organization finding of a violation (Item 11E(2))
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Source: SEC Form ADV via IARD (roster of October 6, 2026), matched to the platform by AltStreet analysts. Item 11 answers are as reported on the firm's Form ADV and cover the firm and its advisory affiliates; consult the firm's IAPD record for the Disclosure Reporting Pages. Brochure statements are the firm's own. Nothing on this page is investment advice.