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Eric Nicolassy

11 Years of Experience
Red Bank, NJ
5 DisclosuresBroker

Eric Nicolassy is a registered investment advisor at Network 1 Financial Advisors INC., based in Red Bank, NJ, with 11 years of industry experience. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 1 more. Their firm serves 56 clients with $41M in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
14 advisors
Number of Clients
56 clients
Average Client Portfolio
$731K average
Assets Under Management
$40.9M

Fee Structure

Minimum Investment:$10K

Network 1 Financial Advisors charges an annual investment management fee based on the investment strategy used and the representative who brought you to the firm. The fee is calculated as a percentage of your assets.

  • Allocation among mutual funds only: 0.75% of assets under management.
  • All other allocation strategies: Up to 1.50% of assets under management. This includes strategies using SEI Investments Company's Managed Account Program and Integrated Managed Account Program, and AssetMark, Inc.'s investment platform.

An additional amount is added for the investment advisor representative, resulting in a total charge between 1.25% and 2.50%. This fee is pro-rated and paid quarterly, based on the market value of your assets at the end of the quarter. The firm may charge a lower fee at its discretion.

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Location

2 Bridge Ave, Suite 241, Red Bank, NJ, 07701

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History

Regulatory History (5)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Judgment / Lien
April 2024
Regulatory
March 2022
Final
Customer Dispute
October 2021
Settled
Judgment / Lien
August 2019
Judgment / Lien
November 2018
Other Business Activities

Eric is involved with Nicolassy Enterprises Inc. for administrative duties and paying expenses related to his associations with Network 1 Financial Securities, Inc. and Woodstock Financial Group, dedicating minimal time. Eric also works as an Investment Advisor (IA) with Network 1 Financial Advisors, Inc. since January 2024.

Employment History
Current Registrations
Network 1 Financial Advisors INC.
February 2026 - Present · 3 mos
Network 1 Financial Securities INC.
January 2020 - Present · 6 yrs 4 mos
Network 1 Financial Securities INC.Broker
January 2020 - Present · 6 yrs 4 mos
Previous Registrations
Network 1 Financial Advisors INC.
June 2024 - December 2025 · 1 yr 6 mos
Woodstock Financial Group, INC.Broker
September 2016 - December 2019 · 3 yrs 3 mos
Alexander Capital, L.P.Broker
October 2015 - September 2016 · 11 mos
Woodstock Financial Group, INC.Broker
July 2015 - September 2015 · 2 mos
Alexander Capital, L.P.Broker
February 2015 - July 2015 · 5 mos
International Assets Advisory, LLCBroker
September 2014 - November 2014 · 2 mos
State Registrations36 states
AZCACOCTFLGAIAIDILINKSKYLAMAMNMSNCNDNENHNJNYOHORPARISCSDTXUTVAVTWAWIWVWY
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
Eric Nicolassy - Financial Advisor | TrueAdvisor