The Caring Advisor, Inc. (Sarasota)

Name: The Caring Advisor, Inc.
Address: 2639 Fruitville Rd., Suite 103, Sarasota, FL, 34237
Telephone: 941-952-1188

The Caring Advisor, Inc. is a large advisory firm based in Sarasota. It manages $209.54 million of regulatory assets for 1,052 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Arizona, California, Florida, and 10 other states.

The Caring Advisor provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Caring Advisor: assets under management

The assets under management (AUM) of The Caring Advisor, Inc. is $209.54 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $187.6 million in discretionary accounts and $21.93 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $315.83 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $47.89 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Caring Advisor, Inc. for their services and products based on a percentage of assets under management 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.

Careers at The Caring Advisor, Inc.

Joseph Patrick Walsh has been acting as President since 1 Nov 2012. Michael James Walsh joined the executive team most recently as the Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph Patrick Walsh	President	1 Nov 2012	75% - 100%	1477994
Michael James Walsh	Cco	1 Jan 2013	Other	5160655

Based in Sarasota

The principal office where The Caring Advisor, Inc. performs its advisory services is located at 2639 Fruitville Rd., Suite 103, Sarasota, FL 34237, which is also the mailing address of the firm. An additional office of the firm is in Dekalb, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 941-952-1188 or by fax 941-952-1184. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at www.thecaringadvisor.com.