NexAdvisors

NexAdvisors

NexAdvisors was founded in 2021 as the wealth-management arm of a Dallas financial collective that includes NexBank Capital — the largest privately owned bank in Texas by total assets (per S&P Global Market Intelligence, 2025) — and NexPoint, an alternatives platform reporting $16.7B in fee-earning AUM as of December 2025. The firm’s founding coincided with a decade-long consolidation of credit, real estate and structured-product operations under the NexPoint umbrella, giving NexAdvisors a pre-built distribution channel and access to affiliated investment vehicles. The firm runs model portfolios — Conservative, Moderate, Aggressive — that start with traditional stock/bond blends, then layer in alternative ETFs, cash and gold based on the CIO’s cyclical outlook. A separate Adaptive Asset Allocation sleeve abandons fixed strategic weights, instead sizing positions by momentum and risk parity across a broad ETF universe. Mike Hurley, a former Navy fighter pilot and Chartered Market Technician, brings the same short/flight-to-safety discipline he showed running the Fusion Global Long/Short Fund, which ranked first of 90 Lipper-category peers in 2008 (per the firm). The firm discloses no named co-investors or direct deals; its footprint appears entirely U.S.-focused. All three named principals — Hurley, Director of Operations Svetlana Kouzmenko and Chief Compliance Officer Stephanie Vitiello — list no prior independent wealth-management practice, reinforcing the view that NexAdvisors was purpose-built to capture advisory fees from clients referred across the NexFamily ecosystem. The firm operates from a single office at 300 Crescent Court in Uptown Dallas. No private-fund filings or regulatory ADV were available to confirm staff headcount, but as a Texas-registered RIA serving individuals and entities, its scale likely reflects flow from the affiliated bank and annuity platform rather than a large standalone retail franchise. The structural differentiator is NexAdvisors’ captive origination pipeline. While most independent RIAs cold-call or buy leads, NexAdvisors sits between NexBank’s lending and deposit relationships and NexPoint’s alternative-fund distribution, enabling the wealth manager to harvest prospects that already consume at least one NexFamily product. This reduces acquisition cost but raises concentration risk — the firm’s value to an allocator depends entirely on whether the affiliated products are best-in-class or merely convenient.