Afs Advisors, LLC (Suwanee)

Name: Afs Advisors, LLC
Address: 1325 Satellite Boulevard, Suwanee, GA, 30024 4651
Telephone: 678-473-0324

Afs Advisors, LLC is a large advisory firm based in Suwanee. It manages $3.01 billion of regulatory assets for 207 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, Georgia, and South Carolina.

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

Afs Advisors: assets under management

The assets under management (AUM) of Afs Advisors, LLC is $3.01 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2074% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.01 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $14.55 million each.

Afs Advisors has custody of $30.55 million in cash and securities for 57 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 66% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 18% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Afs Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Afs Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Afs Advisors is pension and profit sharing plans with 39 clients and $2.82 billion of assets under management. Among the 9 most similar advisory firms, Afs Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $2.97 billion for 203 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.

Afs Advisors doesn't advise any private funds.

Careers at Afs Advisors, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Inc. Eric C. Loyd	Owner	1 Dec 2010	50% - 75%	27-4398354
Inc. Brandon Sproles	Owner	1 Dec 2010	50% - 75%	27-4402063

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Eric Christopher Loyd	Chief compliance officer	1 Dec 2010	75% - 100%	2378616
Brandon Keith Sproles	Chief operating officer / chief investment officer	1 Dec 2010	75% - 100%	4055034

Based in Suwanee

The principal office where Afs Advisors, LLC performs its advisory services is located at 1325 Satellite Boulevard, Suwanee, GA 30024 4651, 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 678-473-0324 or by fax 770-299-1889. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at afsadvisors.com.