About NXT
Built for Advisors. Built for Families. Built to Last.
NXT Financial Group is an independent marketing organization (IMO) headquartered in Malden, Massachusetts — built on the belief that financial advisors deserve real ownership and every family deserves real protection.
Our story
The old model was not built for the people working inside it.
NXT Financial Group was founded on a simple frustration: the financial services industry was not built for the people working inside it. Advisors were capped. Clients were confused. The old model rewarded institutions over individuals, and the people doing the hardest work — sitting across from families, asking the difficult questions, building trust one conversation at a time — had no real ownership of what they were building.
We decided to change that. NXT Financial Group is a licensed Independent Marketing Organization (IMO) appointed with 70+ top-rated U.S. carriers across life, health, annuity, and wealth products. We operate as a nationwide platform where advisors are not just producers — they are owners.
On the client side, our advisors are trained to lead with education, not sales. They sit down with families, listen first, and build protection plans that make sense — clearly explained, honestly priced, and built to last.
Our Vision
To be a financial services company built on integrity and purpose — where advisors own their future and every family is protected.
Our Mission
To build careers worth having, agencies worth owning, and legacies worth leaving — while giving every family access to financial protection they can trust.
What makes NXT different
This is not the old model. This is NXT.
True ownership
Advisors own their book of business, their downline, and their legacy. The people doing the work deserve to keep what they build.
70+ carrier access
Appointed with more than 70 of the most respected carriers in the United States across life, health, annuities, Medicare, and wealth products.
Education first
Every NXT advisor is trained to teach before they sell. An informed client is the best client, and an educated advisor builds the most durable business.
Full transparency
Every commission, every fee, every split — explained clearly from day one. No fine print. No surprises. No hidden agendas.
Nationwide platform
Back-office platform, training infrastructure, and carrier relationships designed to support advisors at every level — from licensing to executive leadership.
Legacy planning for advisors
NXT advisors build something they can pass down. The equity an advisor creates belongs to them — and to their family.
For advisors
Build your business on your terms.
Competitive contracts, true ownership, and a platform that works for you — not the other way around.
Learn more- Competitive commission contracts from 75% to 130%
- Generational override structure (up to 30% total)
- True book of business ownership
- Legacy and right-to-transfer program
- Back-office platform and CRM
- Training, licensing support, and mentorship
- Access to 70+ top-rated U.S. carriers
No production minimums. No desk fees. No mandatory meetings.
Our Values
P.R.O.T.E.C.T
Seven principles that guide every decision we make — for our advisors and for the families we serve.
Partnership
We only succeed when our advisors and clients succeed. Win together or not at all.
Responsibility
Do the right thing — especially when no one is watching. Integrity is not a policy. It is a standard.
Ownership
Advisors own their book, their team, and their future. The people doing the work keep what they earn.
Transparency
Every fee, every split, every recommendation — explained clearly, never buried in fine print.
Education
We teach before we sell. An informed client makes the best decision. An educated advisor builds the strongest business.
Commitment
To our clients. To our advisors. To the communities we serve. We show up — fully — every single time.
Trust
Trust is not assumed. It is earned through consistency, honesty, and results. Everything we do is designed to deserve it.
Leadership
The people leading NXT Financial.
Shiv Thakur
Founder & CEO
Sony Pradhan
Chief Growth Officer
Sandeep Charaya
Chief Technology Officer
Ashish Sood
Chief Financial Officer
James R. Vigeant
Chief Strategy & Innovation Officer
Rigoberto Ayala
Vice President of Sales
Jaswanth Reddy Kancham
VP of Agent Training & Development
Joe Sabourin
Senior Partner
Marsha Jones
Director of Administration
Wilfredo Munguia
Director of Technology
Carmelo Aguilar
Senior Staff Accountant
Samyak Jain
Director of Risk & Analytics
Naresh Gajula
Director of Commissions
Uday Chaudhary
Director of Marketing
Gita Thakur
Director of Events Operations
Meet our trusted advisors
Local advisors, nationwide coverage.
Our advisors are spread across the country, ready to help you plan for retirement in your community.
California
3 advisors
Dipendra Kumar Thakur
Financial Director
Richmond, California
Bimlesh Yadav (Marco Yadav)
Financial Director
Pinole, California
Bimlesh Kumar Yadav
Financial Director
Pinole, California
Massachusetts
8 advisors
Gita Thakur
Agency Relationship Manager
Everett, Massachusetts
Pankaj Prakash Mandal
Financial Director
Arlington, Massachusetts
Carmelo Aguilar
Senior Staff Accountant
Peabody, Massachusetts
Rigoberto Antonio Ayala Rodas
Director, Business Development
Everett, Massachusetts
Maira Elisabeth Ochoa Umana
Financial Associate
Revere, Massachusetts
Vivek Daruka
Financial Associate
Worcester, Massachusetts
New Jersey
1 advisor
Chintan Atulbhai Shah
Financial Associate
Sayreville, New Jersey
Texas
2 advisors
From the NXT FamilyOne app. Total financial clarity.
FutureFlow replaces 4-6 separate finance apps with one AI-powered platform — tracking spending, planning retirement, managing subscriptions, and flagging coverage gaps. With an NXT advisor one tap away.
Connect your accounts
Link bank accounts and cards. FutureFlow auto-categorizes every transaction — zero manual tagging.
AI finds the gaps
Spending patterns analyzed. Subscriptions surfaced. Retirement income gaps calculated. Tax savings identified.
Advisor steps in
AI handles the day-to-day. A licensed NXT advisor steps in when the stakes are high — one tap away.
Net Worth Growth
+12.4%$124,850
Spending
Savings Found
$312/mo
Retirement Income Gap
$1,420/mo gap
Goal: $5,200/mo
Current: $3,780/mo
72.7% funded
12+
Financial tools in one app
50
States covered
24/7
AI monitoring
1-Tap
Licensed advisor access