Avondale Investment Company, LLC (Santa Monica)

Name: Avondale Investment Company, LLC
Address: 2001 Santa Monica Blvd., Santa Monica, CA, 90404
Telephone: 310-779-7383

Avondale Investment Company, LLC is an investment adviser to an investment company based in Santa Monica. It manages $11.3 million of regulatory assets for 61 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California and Illinois.

Avondale Investment Company provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, and publication of newsletters. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Avondale Investment Company: assets under management

The assets under management (AUM) of Avondale Investment Company, LLC is $11.3 million. The firm's AUM has grown by 41% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $10.3 million in discretionary accounts and $1 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $171.59 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1 million.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Avondale Investment Company, LLC for their services and products based on a percentage of assets under management, subscription fees, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Avondale Investment Company serves?

The firm provides services to individuals and investment companies. The largest group of clients of Avondale Investment Company is individuals with 30 clients and $5.8 million of assets under management. Among the 1 most similar advisory firms, Avondale Investment Company has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $6.8 million for 31 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.

Avondale Investment Company doesn't advise any private funds.

Careers at Avondale Investment Company, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Scott Gil Krisiloff	Managing member/cco	1 Apr 2011	75% - 100%	5917939

Based in Santa Monica

The principal office where Avondale Investment Company, LLC performs its advisory services is located at 2001 Santa Monica Blvd., Santa Monica, CA 90404, 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 310-779-7383 or by fax 310-453-1031. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at avondaleam.com/.