Nlg Capital Llc
- Regulatory AUM
- $46.5B
- Discretionary
- $46.5B
- Clients
- 10
- Avg AUM / client
- $4.7B
- Accounts
- 10
- Employees
- 54
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Asset allocation (SMA assets by investment type)
as of Mar 30, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Investments (13F portfolio — 2 positions, $868)
13F period Sep 30, 2019| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Wide Open West Inc | COM | $831 | 144,692 | 95.7% | 0.0% |
| 2 | Hi Crush Inc | COM | $37 | 28,594 | 4.26% | 0.0% |
Top 25 of 2 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pension and profit sharing plans | 1 | $319M | 0.69% |
| Charitable organizations | 1 | $23.8M | 0.05% |
| Insurance companies | 6 | $46.2B | 99.2% |
| Corporations and other businesses | 2 | $32.8M | 0.07% |
People (7)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Assadi, Mehran | Chair, Director | Jan 2009 (18y) | Less than 5% | |
| Cotton, Robert Earl | Director, President & Ceo | Jan 2018 (9y) | Less than 5% | |
| Muller, Lisa, Francesca | Director, Vice President, Senior Counsel, Secretary & Chief Legal Officer | Oct 2018 (8y) | Less than 5% | |
| Mateja, Greg, M. | Vice President & Treasurer | Apr 2021 (5y) | Less than 5% | |
| Doiron, Jason, Joseph | Executive Vice President | Sep 2021 (5y) | Less than 5% | |
| Gregory Dwight Teese | Chief Compliance Officer | Apr 2022 (4y) | Less than 5% | |
| Trojano, Peter, Dominic | Vice President | Apr 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Nlv Financial Corporation ("Nlvf") | Sole Stockholder | Nov 2005 | A | 75% or more |
| National Life Holding Company ("Nlhc") | Sole Stockholder Nlvf | Jan 1999 | B | ≈ 56.25% – 100% via Nlv Financial Corporation ("Nlvf") |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- National Life Holding Company ("Nlhc"): 75% – 100% of Nlv Financial Corporation ("Nlvf") × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.23 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
- • Other fees
- • AT COST TO AN AFFILIATE
Services
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- J.P. Morgan $39.1B (84% of AUM) Mar 2026
- National Financial Services (Fidelity) $24.1M (0% of AUM) Mar 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗