SourcingSourcing

NEXT MANAGEMENT ADVISORS, LLC

C48
CRD 324644·SEC 801-129135·NEW YORK, NY
AUM
$353.1M
$100M-$500M
Est. Revenue
$3.5M
@ 1% on AUM
Est. EBITDA
$1.1M
@ 30% margin
Est. Deal Value
$8.5M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
NEXT MANAGEMENT ADVISORS, LLC
CRD
324644
SEC file #
801-129135
EIN
—
DBA names
—

Economics

AUM
$353.1M
AUM band
$100M-$500M
AUM trajectory
'25'26
$345.4M → $353.1M▲ +2%
Client mix
Pooled Investment Vehicles3

Operations

Employees (total)
5
Advisory staff (per ADV)
5
Advisory staff (5-yr trend)
'25'26
5 advisors → 5 advisors▬ 0%
Primary office
NEW YORK NY
Branches
—

Custodian & Brokerage

Primary custodian
JPMorganlow confidence
Services offered
Portfolio mgmt — pooled vehicles
Fee basis
% of AUMPerformance-based fees

Filings

Latest ADV filing
04/21/2026
ADV-W filed at
—
Website
next-investors.com

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
FREUDENSTEIN, ALAN, HOWARD
Top Owner Pct
62.5
Top Owner Entity Kind
I
Owner Count
2
Control Persons
FREUDENSTEIN, ALAN, HOWARD
GRIMALDI, GREGORY, MICHAEL
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
ok
Rdap Domain
NEXT-INVESTORS.COM
Rdap Domain Creation Date
2016-10-07T20:01:06Z
Rdap Firm Age Years
10
Rdap Firm Age Band
10-20y
Rdap Registrar
GoDaddy.com, LLC

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Registered
No

Compliance & brand

Firm Registration Status
active

All other collected signals (14)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
0
Bc Firm IAR Count
0
Custodian Candidates
Full
Jpmorgan6
E*trade4
State Street3
Firm Has Custody
Yes
Mailing Office Differs
No
Rdap Domain Expiration Date
2032-10-07T20:01:06Z
Rdap Domain Last Changed
2025-10-09T19:57:26Z
Rdap Nameservers
Ns67.domaincontrol.comNs68.domaincontrol.com
Rdap Secure Dns Enabled
No
Rdap Status
Client Delete ProhibitedClient Renew ProhibitedClient Transfer ProhibitedClient Update Prohibited
Top Owner CRD
2220630
Trust Company Affiliate
Yes

People (2)

2
FREUDENSTEIN, ALAN, HOWARD
Direct Owner · 62.5%
2220630
GREGORY MICHAEL GRIMALDI
Direct Owner · 62.5%
2777729