Does maintaining a place of business in the state trigger a notice filing (regardless of number of clients)?

NEV. REV. STAT. ANN. § 90.340(a)(2)(2017)
NEV. REV. STAT. ANN. § 90.340(a)(3)(2017)

What is the maximum number of clients adviser can have in the state without triggering a notice filing?

5 current or prospective clients.
NEV. REV. STAT. ANN. § 90.340(a)(3)(2017)

What sorts of clients are not counted for purposes of determining whether to notice file?

  1. investment advisers,
  2. broker-dealers or
  3. financial, or institutional investors.

NEV. REV. STAT. ANN. § 90.340(1)(a)(1). 

Financial or institutional investors are:  depository institutions; insurance companies; separate accounts of an insurance companies; investment companies; employee pension, profit-sharing, or benefit plans with total assets over $5,000,000 or if its investment decisions are made by a named fiduciary; or any other institutional buyer.

NEV. REV. STAT. ANN. § 90.240(2017)

Viewing of these pages does not establish an attorney-client relationship. The information above is informational purposes only and should not be construed as legal advice. A lawyer should be consulted to confirm both applicability and any other issues that might affect or apply to your situation.