Ned Davis Research, Inc.

3665 BEE RIDGE ROAD, Sarasota, Florida 34233

SEC CRD#112260
Last ADV filed: 12/18/2025
Verified Fiduciary

Confirmed via SEC Form ADV registration data. This firm has a legal obligation to act in your best interest.

Fee-Only Verified

Compensation comes exclusively from client fees. No commissions, no product sales, no kickbacks.

Clean Disciplinary Record

No criminal, civil, or regulatory disclosures found in SEC or FINRA records.

Additional Compensation Disclosed

This firm has disclosed additional revenue sources (insurance, brokerage, or proprietary products) in their SEC filings. Review the details below.

Fee Structure

AUM-Based Fee0.04%of assets under management
Flat Fee$500,000 per yearper year
Hourly Rate$625 per hourper hour

Detailed Fee Schedule

is the investment adviser to the Tidal Trust, we are paid fees at an annual rate of 0.04% of each NDR ETF’s average daily assets. Tidal Trust calculates and pays us our sub- advisory fees. Item 6 - Performance-Based Fees and Side-By-Side Management NDR has no performance-based compensat

Source: Form ADV Part 2 Brochure
Compensation methods:
Hourly feesSubscription feesFixed fees

Compensation Transparency

  • Also offers proprietary investment products

These additional revenue sources are disclosed in the firm's Form ADV filing with the SEC. Ask the advisor directly how these affiliations affect the advice you receive.

Ned Davis Research, Inc. — Fiduciary Advisor Profile | FiduciaryListings