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NB ALTERNATIVES ADVISERS LLC
CRD 149822File 801-70009
APPROVED
Retail clients
Custody
Disclosure events
Filing as of Sep 29, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$160.24B
Top 10% of cohort (national)
Discretionary AUM
$141.68B
Non-discretionary $18.56B
Clients
379
379 accounts
Employees
417
Top 10% of cohort in TX
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- FWRO
- Registration date
- Mar 31, 2009
- Principal office
- 2101 CEDAR SPRINGS ROAD, 12TH FLOOR, SUITE 1200, DALLAS, TX, 75201
- Phone
- 214-647-9500
- Website
- HTTP://WWW.NB.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $160.24B
- Discretionary AUM
- $141.68B
- Non-discretionary AUM
- $18.56B
- Discretionary accounts
- 336
- Non-discretionary accounts
- 43
- Total accounts
- 379
- AUM per client
- $422.8M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 6 | $1.42B |
| Non-U.S. persons | 9 | $1.36B |
| Insurance companies | 61 | $20.05B |
| Investment companies | 16 | $4.16B |
| Charitable organizations | 4 | $491.4M |
| Other investment advisers | 4 | $466.0M |
| High net worth individuals | 2 | $544.2M |
| Pooled investment vehicles | 192 | $89.08B |
| Banking or thrift institutions | 28 | $11.87B |
| Pension and profit sharing plans | 48 | $22.94B |
| State or municipal government entities | 9 | $7.87B |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Other
- Selection of other advisers
- Portfolio management for businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- Yes
- Firm Custody Clients
- Yes
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11- Q11
- Q11C1
- Q11C2
- Q11C4
- Q11C5
- Q11D2
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 368 | 417 | increased by49 |
| Apr 1, 2026 | Clients | 354 | 379 | increased by25 |
| Apr 1, 2026 | AUM | $135,009,325,687 | $160,242,886,816 | increased by$25,233,561,129 |
| Apr 1, 2026 | Accounts | 354 | 379 | increased by25 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 247 | 368 | increased by121 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 663 | 354 | decreased by309 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $87,941,924,800 | $135,009,325,687 | increased by$47,067,400,887 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 666 | 354 | decreased by312 |
| Apr 1, 2022 | Employees | 224 | 247 | increased by23 |
| Apr 1, 2022 | Clients | 582 | 663 | increased by81 |
| Apr 1, 2022 | AUM | $69,157,497,770 | $87,941,924,800 | increased by$18,784,427,030 |
| Apr 1, 2022 | Accounts | 582 | 666 | increased by84 |
| Jul 1, 2021 | Employees | 279 | 224 | decreased by55 |
| Jul 1, 2021 | Clients | 738 | 582 | decreased by156 |
| Jul 1, 2021 | AUM | $101,222,079,217 | $69,157,497,770 | decreased by$32,064,581,447 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “NB ALTERNATIVES” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“NB ALTERNATIVES” may also match similarly-named firms). Confirm identity against each filing.
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.