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Nicolet Advisory Services, LLC

CIK:0001775863
Investment Adviser
$4B AUM
407 holdings
Green Bay, WI, United States
Founded:2016
70 employees
Latest filing:Jun 30, 2025

Nicolet Advisory Services, LLC is a registered investment adviser headquartered in Green Bay, Wisconsin. Founded in 2016, it is wholly owned by Nicolet Bankshares, Inc., a publicly traded holding company. The firm provides investment management, financial planning, and consulting services to individuals, retirement plans, and institutional clients. As of 2025, Nicolet Advisory Services has about 70 employees and manages billions in client assets, leveraging the resources and expertise of its parent company to serve clients across the Midwest and beyond.

Investment Strategy

Nicolet Advisory Services employs a client-focused and transparent approach to investing. The firm provides discretionary and non-discretionary asset management, with solutions designed around clients’ financial goals—including retirement planning and wealth management. The investment strategy prioritizes thorough financial planning, risk management, and customized investment portfolios, advising clients on a wide range of financial instruments while prioritizing personal relationships, responsiveness, and acting in the best interest of each client. The firm generally follows mainstream investment analysis and portfolio construction strategies, emphasizing transparency and recommending investments that they would also use themselves.

Top Buys
S
SPYGSPDR SERIES TRUST
+$34.8M
S
SPYVSPDR SERIES TRUST
+$23.0M
M
MSFTMICROSOFT CORP
+$8.0M
A
AVEMAMERICAN CENTY ETF TR
+$7.8M
N
NVDANVIDIA CORPORATION
+$6.9M
Top Sells
B
BRK-BBERKSHIRE HATHAWAY INC DEL
-$4.2M
G
GUNRFLEXSHARES TR
-$2.6M
P
PGPROCTER AND GAMBLE CO
-$2.5M
U
UNHUNITEDHEALTH GROUP INC
-$2.1M
B
BFCBANK FIRST CORP
-$1.9M

Top Holdings

S
SPYVSPDR SERIES TRUST
+13.9%$163.2M
S
SPYGSPDR SERIES TRUST
+12.6%$148.6M
I
ITOTISHARES TR
+3.2%$37.2M
A
AVEMAMERICAN CENTY ETF TR
+2.8%$33.4M
A
AAPLAPPLE INC
+2.8%$32.9M

Equity Positions (402)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
S
SPYV
SPDR SERIES TRUST13.89%$163.2M3,131,577$32.84$52.34+$23.0M
S
SPYG
SPDR SERIES TRUST12.64%$148.6M1,535,363$43.87$95.32+$34.8M
I
ITOT
ISHARES TR3.17%$37.2M274,237$74.59$135.04+$6.3M
A
AVEM
AMERICAN CENTY ETF TR2.84%$33.4M487,821$59.42$68.54+$7.8M
A
AAPL
APPLE INC2.80%$32.9M162,656$117.97$205.17+$2.6M

Industry Allocation

NATIONAL COMMERCIAL BANKS
+4.0%
SERVICES-PREPACKAGED SOFTWARE
+3.5%
ELECTRONIC COMPUTERS
+2.8%
FIRE, MARINE & CASUALTY INSURANCE
+2.5%
SEMICONDUCTORS & RELATED DEVICES
+2.4%