Equity Armor Advisers, LLC (Chicago)

Name: Equity Armor Advisers, LLC
Address: 311 South Wacker Drive,, Chicago, IL, 60606
Telephone: 1-312-253-0423

Equity Armor Advisers, LLC is a multi-state adviser based in Chicago. It manages $36.34 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Colorado, and 28 other states.

Equity Armor Advisers provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Equity Armor Advisers: assets under management

The assets under management (AUM) of Equity Armor Advisers, LLC is $36.34 million. The firm's AUM has gone down by -40% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $8.75 million in discretionary accounts and $27.59 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.75 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $13.79 million.

Investments

The firm invests in derivatives the most. They account for 81% of the total AUM. The second-largest asset type is exchange traded securities, which make up 18% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Equity Armor Advisers, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Equity Armor Advisers serves?

The firm provides services to individuals and other investment advisers. The largest group of clients of Equity Armor Advisers is other investment advisers with 2 clients and $27.59 million of assets under management. Among the 3 most similar advisory firms, Equity Armor Advisers has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $36.34 million for 3 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Equity Armor Advisers doesn't advise any private funds.

Careers at Equity Armor Advisers, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brian Scott Stutland	Cco	1 Jan 2018	Other	4560863
Afshin Luke Rahbari	Principal	1 Jan 2018	Other	2178116
Llc The Stutland Volatility Group	Owner	1 Jan 2018	50% - 75%	156327
C Stevens Investments Llc	Owner	1 Jan 2018	25% - 50%	11-1234567
Lutador Llc	Owner	1 Jan 2018	25% - 50%	11-1234567

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Brian Scott Stutland	Principal	1 Jun 2010	25% - 50%	4560863
Afshin Luke Rahbari	Principal	1 Jun 2010	25% - 50%	2178116
Joseph Avram Tigay	Principal	1 Jun 2010	25% - 50%	5910624
Cynthia Stevens	Owner	1 Aug 2016	25% - 50%	6792036
Carol Stevens	Owner	1 Aug 2016	25% - 50%	6792042
Donn William Vickrey	Owner	1 Aug 2016	25% - 50%	4559633

Based in Chicago

The principal office where Equity Armor Advisers, LLC performs its advisory services is located at 311 South Wacker Drive,, Chicago, IL 60606, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 1-312-253-0423. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at equityarmoradvisors.com.