NLG CAPITAL LLC

RIASEC RegisteredEst. 2000
Total AUM
$46.5B
Discretionary
$46.5B
100% of AUM
Avg account
$4.7B
Accounts
10
Employees
54
Advisory reps
7

Firm details

Headquarters
MONTPELIER, Vermont
CRD number
109396
Registered since
July 11, 2000
Custodians
BANK
Fee structure
Percentage of AUM, Performance Based Fees, Other
Client types
  • Insurance Companies99.19%
  • Pension & Profit Sharing Plans0.69%
  • Corporations / Businesses0.07%
  • Charitable Organizations0.05%
Services
Portfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

NLG Capital LLC operates as an institutional-focused capital allocator with a clear tilt toward fixed-income solutions. The firm runs discretionary portfolios and emphasizes investment-grade corporate bonds as a core sleeve while also actively allocating to third‑party alternative managers. Its advisory mandate centers on portfolio management for businesses and institutions and on selecting outside managers and sponsors for limited partnerships, which points to a hybrid operating model: internally managed credit and bond strategies paired with outsourced alternatives and fund relationships. Investment decision-making appears driven by liability-aware, income-oriented objectives — large allocations to investment‑grade corporates and a material commitment to private markets and commodity/energy exposures. The firm charges a mix of percentage‑of‑AUM and performance‑based fees, consistent with its role both as portfolio manager and as a sponsor/allocator into externally managed vehicles. NLG is not an active ESG investor, and it maintains relationships across broker‑dealer, adviser and insurance channels to execute and distribute its solutions.

Assets & Accounts

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Investment Grade Corp Bonds 44%, Other 39%, State & Local Bonds 4%, Private Funds 4%, Derivatives 3%, Non-Investment Grade Corp Bonds 2%, Cash & Cash Equivalents 2%, Non-Exchange Traded Equities 1%, US Government Bonds 1%44%
  • Investment Grade Corp Bonds44%
  • Other39%
  • State & Local Bonds4%
  • Private Funds4%
  • Derivatives3%

Owners & executives

3 of 4
  • PETER TROJANO

    Deputy Chief Compliance OfficerCRD 2939588

  • JASON DOIRON

    Executive Vice President and Chief Investment OfficerCRD 4965652

  • JOSEPH HEASLIP

    Vice President and Chief Operating OfficerCRD 5386934

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Contacts

3 of 3
  • LISA MULLER

    Senior CounselCRD 5599199

  • CHRISTOPHER ZIMMERMAN

    Senior Vice President and General CounselCRD 8066871

  • GREGORY TEESE

    SVP, OperationsCRD 2135269

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

MONTPELIER, VT

WASHINGTON

Location

MONTPELIER, VT

Headquartered in MONTPELIER, VT, anchoring the Burlington-South Burlington-Barre, VT metro in the Northeast.

Metro area
Burlington-South Burlington-Barre, VT
Region
Northeast
County
WASHINGTON
Address
1 National Life Dr
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth