NBC Securities

Overview

NBC Securities opened in 1995 as a privately held broker-dealer and registered investment advisor, now run as an employee-owned firm with Chairman Frank Falkenburg still shaping the culture. The firm formalized a strategic clearing-and-custody tie with RBC Clearing and Custody, a Royal Bank of Canada subsidiary, in 2010 — a relationship that gives its advisor network RBC's balance-sheet infrastructure without sacrificing independence. The platform spans separately managed accounts, 401(k) plans, insurance, and traditional brokerage — from stocks and bonds to alternatives and annuities — across a 12-state footprint that includes Alabama, Florida, New York, Ohio, Texas, and Utah. The firm manages or advises roughly $5 billion in assets (per the firm, 2026), deploying through a network of financial consultants whose stated average experience exceeds 25 years. Confirmed branch locations include Tampa, Florida, alongside the Birmingham headquarters. Frank Falkenburg chairs the firm and remains the named legacy voice. The broader leadership team includes Brian Haynes, Patricia Manley, Alexander Vandenberg, David Sutphin, Allison Hanna, Stephen Miller, Armand Atkinson, and Michael Lea — a roster that underscores a partnership-driven rather than founder-solo model. The firm reports branch offices in at least a dozen states, and its contact footprint confirms a Southeast concentration with national coverage. What distinguishes NBC Securities is the employee-ownership structure paired with a tier-one custodial backstop: the firm is neither a roll-up platform nor a bank-owned wealth unit, yet it accesses RBC's institutional plumbing while remaining owned by the advisors who produce on it. That architecture makes it a permanent-capital vehicle for independent producers — a governance choice that differs materially from consolidator-backed RIAs.