Awm Capital, LLC (Phoenix)

Name: Awm Capital, LLC
Address: 1 N 1 St St Suite 685, Phoenix, AZ, 85004
Telephone: (323) 940-1339

Awm Capital, LLC is a large advisory firm based in Phoenix. It manages $142.75 million of regulatory assets for 155 client accounts. It has been registered with the SEC as an adviser since 2018.

Awm Capital provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Awm Capital: assets under management

The assets under management (AUM) of Awm Capital, LLC is $142.75 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 30% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $142.75 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $921 thousand each.

Awm Capital has custody of $3.65 million in cash and securities for 102 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 50% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Awm Capital, 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 Awm Capital serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Awm Capital is individuals with 114 clients and $72.97 million of assets under management. Among the 10 most similar advisory firms, Awm Capital has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $142.75 million for 155 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.

Awm Capital also advises several private funds. Namely, two venture capital funds.

Careers at Awm Capital, LLC

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 4 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.

Anne Penniall Averill has served as the Chief Investment Officer since 1 May 2017. Brandon Lee Averill joined the executive team most recently as the Managing Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brandon Lee Averill	Managing member	1 Feb 2017	Other	5781614
Inc. Phc	Member	1 Feb 2017	50% - 75%	81-3458938
Erik Daniel Averill	Member	1 Feb 2017	Other	5427694
Robert Don Mcconchie	Member and chief compliance officer	1 Feb 2017	Other	5912998
Anne Penniall Averill	Chief investment officer	1 May 2017	Other	5198386

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
David Rickard Penniall	Shareholder	1 Jul 2016	75% - 100%	1088267

Based in Phoenix

The principal office where Awm Capital, LLC performs its advisory services is located at 1 N 1 St St Suite 685, Phoenix, AZ 85004 The mailing address of the firm is 4400 N Scottsdale Road, Scottsdale, AZ 85251. An additional office of the firm is in Pasadena, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (323) 940-1339. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at awmcapital.co.