Nicholas Investment Partners is an investment management firm that focuses on small-mid cap and convertible securities. Nicholas offers both discretionary and non-discretionary investment management services to institutions, individuals, trusts, estates, registered investment companies, and private funds. Nicholas manages client assets based on their investment strategy and objectives. Clients retain ownership of their securities through their chosen custodian.
Fee Structure
Nicholas Investment Partners' fees are based on a percentage of the value of your portfolio or the performance of the account. Here's how the fees work for different investment strategies:
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US Small Cap, US SMID Cap Growth, US Growth Equity:
- First $50M: 1.00% (US Small Cap), 0.95% (US SMID Cap Growth), 0.80% (US Growth Equity)
- Next $25M: 0.85% (US Small Cap), 0.85% (US SMID Cap Growth), 0.75% (US Growth Equity)
- Next $25M: 0.75% (US Small Cap), 0.75% (US SMID Cap Growth), 0.65% (US Growth Equity)
- Thereafter: 0.65% (US Small Cap), 0.65% (US SMID Cap Growth), 0.55% (US Growth Equity)
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US Convertibles:
- First $25M: 0.75%
- Next $25M: 0.70%
- Next $50M: 0.60%
- Thereafter: 0.50%
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NicTech: 0.75% management fee with a 15% performance fee on excess returns above the NASDAQ Composite Index return.
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US Equity Opportunities: 0.85% flat
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Convertible Plus: 1.25% flat
These fees are typically paid quarterly. Nicholas may waive or reduce fees based on various factors.