# NBC Securities

NBC Securities is a Bank / Wealth / Trust based in Birmingham, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Birmingham, United States
- **Region:** North America
- **Address:** Birmingham, AL, United States
- **Founded:** 1995
- **Assets under management:** $5B (per the firm, 2026)
- **Website:** nbcsecurities.com
- **LinkedIn:** https://www.linkedin.com/company/nbcsecurities

## Regulatory record

- **CRD number:** 17870
- **SEC file number:** 801-58257
- **Registration status:** Registered
- **Reports private funds:** No

## About

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.

## Sectors

- Real Estate
- Private Credit
- Healthcare Services

## Offices

- Tampa, FL

## People

- Frank Falkenburg — Chairman

## Questions

### Who runs investment decisions at NBC Securities?

The firm identifies Chairman Frank Falkenburg as its senior leader and cultural anchor, with a disclosed leadership team that includes Brian Haynes, Patricia Manley, Alexander Vandenberg, and five other named executives. Because NBC operates as a network of independent advisors, day-to-day portfolio and investment decisions sit with the financial consultants in the branches, supported by the firm's proprietary strategies and RBC's custodial infrastructure.

### What is NBC Securities' relationship with Royal Bank of Canada?

In 2010, the firm entered a strategic clearing-and-custody relationship with RBC Clearing and Custody, a wholly-owned subsidiary of Royal Bank of Canada. That arrangement provides custody, clearing, and back-office infrastructure while NBC Securities retains full ownership and operating independence.

## Related profiles

- [NB Capital](https://altss.com/profile/nb-capital)
- [NBD Ventures](https://altss.com/profile/nbd-ventures)

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Updated: 2026-06-03T20:00:00.000Z

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