NPA Asset Management, LLC logo

NPA Asset Management, LLC

Updated today

Client assets under management

$835,765,622

Clients

2,293

38% high-net worth

Advisors

51

of 68 employees

Firm type

Multi Team

Clients per advisor

45

Low

Average account size

$364,486

About

NPA Asset Management, LLC is an SEC‑registered adviser that serves individuals (including high‑net‑worth clients), corporations, pension and charitable accounts through a network of 51 advisors and roughly 2,293 client relationships, managing about $1.065 billion in assets. The firm offers multiple managed‑account programs (Advisor Managed, MA Direct, MA Custom AdvisorFlex), third‑party asset manager referrals, and access to mutual funds, ETFs, individual securities and insurance products.

Advisory services are delivered via the Advisor’s Edge platform, where advisors help match clients to discretionary model portfolios, sub‑advisors (including Lockwood), or non‑discretionary recommendations and provide periodic performance reporting and account monitoring. Clients commonly custody assets at Pershing and may choose discretionary or non‑discretionary authority; the brochure reports roughly $543.96 million managed discretionarily and about $520.82 million managed on a non‑discretionary basis.

Distinctive aspects include the firm’s sizeable non‑discretionary AUM relative to many large peers and its ongoing broker‑dealer affiliation (Nationwide Planning Associates, Inc.), which the brochure discloses brings execution, clearing and revenue‑sharing arrangements that can create conflicts of interest. The firm also discloses a 2022 SEC settlement addressing past principal trading and suitability oversight issues and notes subsequent changes to its policies and program disclosures, which prospective clients may consider when evaluating the adviser.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers Tactical asset allocation

Expertise

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)

Fee options

Percentage

Negotiable up to 3.00% annually maximum, typically tiered or flat based on advisor discretion

Commissions

Commission-based compensation may apply when Advisors act in broker-dealer or insurance agent capacities selling securities or insurance products; commissions vary by product.

Other

Account minimum: $50,000 Fee-only: Annual Account Management Fee up to 3% maximum, negotiable; payable quarterly in advance; may include Sub-Advisor fees within 3% max; one-time Portfolio Development Fee up to 1% (negotiable) for Advisor Managed Account Program.

Main office location

NPA Asset Management, LLC

32 16 Broadway 2 Nd Floor

Fair Lawn NJ 07410, United States

Number of offices

11

Most active in

California · Connecticut · Florida · Georgia · Illinois · Kansas · New Jersey · New York · North Carolina · Pennsylvania · Puerto Rico · Rhode Island · Tennessee · Texas · Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Frank A

ChFC®, Series 63, Series 65

Fair Lawn, NJ

NPA Asset Management, LLC

Frank Ammirato is a financial advisor with NPA Asset Management, LLC, holding the ChFC® designation and Series 63 and 65 licenses. He has 37 years of industry experience, including over two decades at NPA Asset Management and Nationwide Planning Associates. Outside of his advisory work, Ammirato provides FAA financial consulting and tax preparation services for a limited part of the year. NPA Asset Management, LLC is an SEC-registered investment adviser serving individual and high-net-worth investors, corporations, pension and profit-sharing plans, and charitable organizations. The firm offers managed-account programs combining advisor-led planning with model portfolio implementation, often utilizing third-party sub-advisors while maintaining supervisory oversight.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

Kevin M

Series 63, Series 65

Fair Lawn, NJ

NPA Asset Management, LLC

Kevin Morse is a financial advisor with NPA Asset Management, LLC, holding Series 63 and Series 65 licenses and bringing 20 years of industry experience. He has worked at World Financial Group, Inc. and Transamerica Financial Advisors, Inc. since 2012. Outside of his advisory role, Morse serves as a firefighter with the Morristown Fire Department. NPA Asset Management, LLC is an SEC-registered investment adviser serving individual and high-net-worth investors, corporations, pension and profit-sharing plans, and charitable organizations. The firm offers managed-account programs combining advisor-led planning with model portfolio implementation and works with approved sub-advisors for day-to-day trading while maintaining supervisory oversight.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

Jeffrey L

Series 66

Hato Rey, PR

NPA Asset Management, LLC

Jeffrey Lapetina Mafuz is a financial advisor at NPA Asset Management, LLC with 16 years of industry experience. He holds a Series 66 designation and previously worked at Oriental Financial Services Corp for 16 years before joining Nationwide Planning Associates Inc. His outside interests include a silent partnership in a residential remodeling business. NPA Asset Management, LLC is an SEC-registered investment adviser serving individual and high-net-worth investors, corporations, pension and profit-sharing plans, and charitable organizations. The firm offers managed-account programs through its Advisor’s Edge platform, combining advisor-led planning with model portfolio implementation and oversight of third-party sub-advisors.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

Eduardo P

Series 63, Series 65

Hato Rey, PR

NPA Asset Management, LLC

Eduardo Pou Monagas is a financial advisor with NPA Asset Management, LLC, holding Series 63 and Series 65 designations and 26 years of industry experience. He has worked at Nationwide Planning Associates, Inc. since 2017 and previously spent 11 years with Santander Securities. Additionally, he is an independent insurance agent through various agencies. NPA Asset Management, LLC is an SEC-registered investment adviser that serves individual and high-net-worth investors, corporations, pension and profit-sharing plans, and charitable organizations. The firm offers managed-account programs combining advisor-led planning with model portfolio implementation, often delegating trading to approved sub-advisors while maintaining supervisory and reporting responsibilities.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

Jonathan D

Series 63, Series 66

Fair Lawn, NJ

NPA Asset Management, LLC

Jonathan Dreskin is a financial advisor with NPA Asset Management, LLC, holding Series 63 and Series 66 licenses and bringing 27 years of industry experience. He has been with NPA Asset Management and Nationwide Planning Associates, Inc. since 2011. Outside of his advisory role, he is involved with a family limited partnership and works as an independent insurance agent through various agencies. NPA Asset Management, LLC is an SEC-registered investment adviser that provides managed-account programs through its Advisor’s Edge platform, serving individual and high-net-worth investors, corporations, pension and profit-sharing plans, and charitable organizations. The firm combines advisor-led planning with model portfolio implementation, often delegating trading to approved sub-advisors while maintaining supervisory oversight.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

Diana C

Series 63, Series 66

San Juan, PR

NPA Asset Management, LLC

Diana Corujo Ramsey is a financial advisor at NPA Asset Management, LLC with 31 years of industry experience. She holds Series 63 and Series 66 registrations and has worked previously at Lincoln Financial Securities Corporation and OSAIC. Outside of her advisory role, she serves as secretary for the US Power Squadron and operates a business offering a range of insurance products. NPA Asset Management, LLC is an SEC-registered firm providing managed-account programs to individual and high-net-worth investors, corporations, pension and profit-sharing plans, and charitable organizations. The firm combines advisor-led planning with model portfolio implementation, often delegating daily trading to approved sub-advisors while maintaining supervisory oversight.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

Libertad R

Series 63, Series 66

Fair Lawn, NJ

NPA Asset Management, LLC

Libertad Rosenkranz is a financial advisor at NPA Asset Management, LLC with 31 years of industry experience. She holds Series 63 and Series 66 licenses and has been with Nationwide Planning Associates, Inc. since 2010. Rosenkranz serves as president of the PWN Account Association Tri-State and has experience as an independent insurance agent. NPA Asset Management, LLC is an SEC-registered investment adviser offering managed-account programs through its Advisor’s Edge platform. The firm serves individual and high-net-worth investors, corporations, pension and profit-sharing plans, and charitable organizations, combining advisor-led planning with model portfolio implementation and oversight of sub-advisors.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

Luis C

Series 63, Series 65

San Juan, PR

NPA Asset Management, LLC

Luis Casaresmaduro is a financial advisor with NPA Asset Management, LLC, holding Series 63 and Series 65 licenses and bringing 29 years of industry experience. He has worked at Nationwide Planning Associates, Inc. since 2018 and previously at Aegis Capital Corp and Oriental Financial Services. NPA Asset Management, LLC is an SEC-registered investment adviser offering managed-account programs through its Advisor’s Edge platform, serving individual and high-net-worth investors, corporations, pension and profit-sharing plans, and charitable organizations. The firm combines advisor-led planning with model portfolio implementation and supports a network of advisors through centralized program management.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

Miguel M

CFP®, Series 66

Roanoke, VA

NPA Asset Management, LLC

Miguel Morales Corujo is a CFP® professional with six years of industry experience, currently with NPA Asset Management, LLC. His prior roles include positions at Nationwide Planning Associates, Wells Fargo Bank, Mass Mutual Investors Services, and law-related work at Martinez Leiseca PSC and Garcia Selva y Ramirez Lugo Law Office. Outside of advising, he is vice president of Blue Eyes Boutique LLC, an online boutique and thrift store based in Roanoke, VA. NPA Asset Management, LLC is an SEC-registered investment adviser serving individual and high-net-worth investors, corporations, pension and profit-sharing plans, and charitable organizations. The firm offers managed-account programs combining advisor-led planning with model portfolio implementation, managing approximately $1.01 billion in client assets as of year-end 2024.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

Gregory H

Series 63, Series 65

Fair Lawn, NJ

NPA Asset Management, LLC

Gregory Horne is a financial advisor with NPA Asset Management, LLC, holding Series 63 and Series 65 licenses and bringing 15 years of industry experience. He has worked at MML Investor Services and Mass Mutual Life Insurance Company since 2011. Outside of his advisory role, he is involved in insurance sales, including life, disability, and health insurance, and serves as Managing Director of Business Development at 401 K Retirement Partners, LLC. NPA Asset Management, LLC is an SEC-registered investment adviser offering managed-account programs through its Advisor’s Edge platform. The firm serves individual and high-net-worth investors, corporations, pension plans, and charities, combining advisor-led planning with model portfolio implementation and oversight of sub-advisors.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

Miguel P

Series 66

Hato Rey, PR

NPA Asset Management, LLC

Miguel Pascual is a financial advisor at NPA Asset Management, LLC with 45 years of industry experience. He holds the Series 66 designation and has worked previously at Nationwide Planning Associates, Inc. and Aegis Capital Corp. In addition to his advisory role, he is an independent insurance agent through various agencies. NPA Asset Management, LLC is an SEC-registered investment adviser that offers managed-account programs through its Advisor’s Edge platform, serving individual and high-net-worth investors, corporations, pension and profit-sharing plans, and charitable organizations. The firm combines advisor-led planning with model portfolio implementation, often delegating trading to approved sub-advisors while retaining supervisory responsibilities.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

John C

Series 63, Series 66

Fair Lawn, NJ

NPA Asset Management, LLC

John Costa is a financial advisor with NPA Asset Management, LLC, holding Series 63 and Series 66 licenses and bringing 31 years of industry experience. He has been with NPA Asset Management since 2008 and has operated as a self-employed advisor since 1994. In addition to his advisory work, he provides estate planning services through an online platform that assists clients with initial data entry and guidance. NPA Asset Management, LLC is an SEC-registered investment adviser offering managed-account programs through its Advisor’s Edge platform. The firm serves individual and high-net-worth investors, corporations, pension and profit-sharing plans, and charitable organizations, combining advisor-led planning with model portfolio implementation and utilizing approved sub-advisors for trading and oversight.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

Andrew A

Series 63, Series 65

Fair Lawn, NJ

NPA Asset Management, LLC

Andrew Arons is a financial advisor with NPA Asset Management, LLC, holding Series 63 and Series 65 credentials and bringing 32 years of industry experience. He has been with NPA Asset Management and Nationwide Planning Associates, Inc. since 2010. Outside of his advisory work, he is also an independent insurance agent through various agencies. NPA Asset Management, LLC is an SEC-registered investment adviser offering managed-account programs to individual and high-net-worth investors, corporations, pension and profit-sharing plans, and charitable organizations. The firm combines advisor-led planning with model portfolio implementation and supports a network of advisors through both discretionary and non-discretionary asset management.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

James C

Series 66

Fair Lawn, NJ

NPA Asset Management, LLC

James Colleary is a financial advisor with NPA Asset Management, LLC, holding a Series 66 designation and 15 years of industry experience. He has been associated with Nationwide Planning Associates, Inc. since 2010. NPA Asset Management, LLC is an SEC-registered investment adviser that offers managed-account programs including Advisor Managed accounts, MA Direct third-party sub-advisor programs, and MA Custom AdvisorFlex model portfolios. The firm serves individual and high-net-worth investors, corporations, pension and profit-sharing plans, and charitable organizations, combining advisor-led planning with model portfolio implementation.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
user avatar

Kenneth S

Series 63, Series 66

Fair Lawn, NJ

NPA Asset Management, LLC

Kenneth Schnoll is a financial advisor at NPA Asset Management, LLC with 38 years of industry experience. He holds Series 63 and Series 66 licenses and has worked at Nationwide Planning Associates, Inc., Cetera Advisor Networks LLC, and Summit Financial Group Inc. Outside of his advisory role, he buys and sells collectibles as a personal interest. NPA Asset Management, LLC provides managed-account programs through its Advisor’s Edge platform, serving individual and high-net-worth investors, corporations, pension plans, and charitable organizations. The firm employs a model that combines advisor-led planning with delegated portfolio management, overseeing approximately $1.01 billion in client assets as of December 2024.

Wealth management Active portfolio management Tax-loss harvesting College savings (529s, UTMA, etc.)
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