Newman Dignan & Sheerar, Inc.
Newman Dignan & Sheerar, Inc., also known as NDS Wealth Advisors, is an independent, employee-owned Registered Investment Adviser (RIA) based in Providence, Rhode Island. Founded in 1992, the firm serves individuals, families, trusts, estates, endowments, corporate, and non-profit organizations. With 8 employees, it offers comprehensive wealth management, financial planning, retirement plan consulting, and discretionary portfolio management services for over 1000 clients. The company is SEC-regulated, fee-only, and acts as a fiduciary in its clients’ best interests.
Investment Strategy
The firm offers discretionary investment advisory services, primarily allocating client assets among individual equity and fixed income securities, mutual funds, and ETFs according to each client's investment objectives. Newman Dignan & Sheerar accommodates socially responsible investing and allocations to cryptocurrencies via exchange-traded securities or separate account managers. The approach is customized, fee-only, and does not involve performance-based fees or proprietary products. Their philosophy centers on long-term planning, client education, and regular portfolio reviews, providing transparency and allowing for client-imposed restrictions.
Top Holdings
Equity Positions (179)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SCHX | Schwab Dow Jones US Large Cap ETF | 8.78% | $40.7M | 1,544,007 | $20.01 | $26.34 | +$2.4M |
V VSLU | Applied Finance Valuation Lg Cap ETF | 6.34% | $29.4M | 688,156 | $39.15 | $42.69 | +$2.4M |
S SCHD | Schwab Dow Jones US Div Eq ETF | 5.43% | $25.2M | 921,785 | $26.25 | $27.30 | +$1.2M |
U UITB | VictoryShares Core Intermediate Bond ETF | 4.73% | $21.9M | 461,389 | $46.51 | $47.52 | +$1.0M |
A AAPL | Apple, Inc | 3.25% | $15.0M | 59,087 | $84.95 | $254.63 | +$2.6M |