NFSG CORPORATION

CRD 130814File 801-68448

APPROVED

Retail clients

Disclosure events

Filing as of Mar 2, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$1.08B

Above cohort median (national)

Discretionary AUM

$1.03B

Non-discretionary $49.3M

Clients

3,096

3,607 accounts

Employees

Top 25% of cohort in FL

Identity & registration

ADV Item 1

Organization form: Corporation
Firm type: Registered
SEC region: MIRO
Registration date: Nov 6, 2007
Principal office: 1200 NORTH FEDERAL HIGHWAY, SUITE 400, BOCA RATON, FL, 33432
Phone: 954-334-3450
Website: http://www.blackriverltd.com

Assets & accounts

ADV Item 5F

Total regulatory AUM: $1.08B
Discretionary AUM: $1.03B
Non-discretionary AUM: $49.3M
Discretionary accounts: 3,498
Non-discretionary accounts: 109
Total accounts: 3,607
AUM per client: $350K

Clients by type

ADV Item 5D

Client type	Clients	AUM
Other	40	$36.1M
Charitable organizations	Fewer than 5	$3.4M
High net worth individuals	765	$473.9M
Pension and profit sharing plans	20	$10.1M
Individuals (other than high net worth individuals)	2,271	$558.3M

Compensation & activities

ADV Items 5E, 5G

Compensation

Other
Fixed fees
Hourly charges
Other (described) — PROMOTER FEES
A percentage of assets under your management

Advisory activities

Financial planning services
Selection of other advisers
Portfolio management for businesses
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: No
Firm Custody Assets: No
Firm Custody Clients: No
Firm Custody Securities: No
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: No

Disclosure events

ADV Item 11

Q11C1
Q11C2
Q11C4
Q11C5
Q11D1
Q11D2
Q11D4
Q11E1
Q11E2
Q11E4

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.