Valeo Financial Advisors, LLC (Indianapolis)


Valeo Financial Advisors, LLC is a large advisory firm based in Indianapolis. It manages $3.75 billion of regulatory assets for 12,033 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Arizona, California, Colorado, and 24 other states.

Valeo Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for approximately 1,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

Valeo Financial Advisors: assets under management

The assets under management (AUM) of Valeo Financial Advisors, LLC is $3.75 billion. The firm's AUM has grown by 1089% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.54 billion in discretionary accounts and $1.21 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $373.47 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $231.26 thousand.
Valeo Financial Advisors has custody of $1.2 million in cash and securities for 5 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 40% of the total AUM. The second-largest asset type is exchange traded securities, which make up 26% of the firm’s portfolio. Investments in state and local bonds form 17% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Valeo Financial Advisors is high net worth individuals with 1,065 clients and $3.2 billion of assets under management. Among the 7 most similar advisory firms, Valeo Financial Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $3.75 billion for 1,492 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.

Valeo Financial Advisors also advises several private funds. Namely, one hedge fund, one real estate fund, and three private equity funds. The minimum investment commitment required of non-related persons ranges from $5,000 to $100,000.

Careers at Valeo Financial Advisors, LLC

The company employs 68 people that are either part- or full-time employees. 85 percent of the employees work as investment advisers or researchers. 47 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 compensates 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
Phillip Richard Evans Member 1 May 2003 Other 2129789
John Charles Trott Member 1 May 2003 25% - 50% 2081127
John Thomas Wortman Member 1 May 2003 25% - 50% 2635477
Timothy A Ginn Member 1 Jul 2008 Other 2894707
Gregory Alan Fulk Chief compliance officer 1 Jan 2012 Other 6038382

Based in Indianapolis

The principal office where Valeo Financial Advisors, LLC performs its advisory services is located at 9450 N Meridian St, Ste 300, Indianapolis, IN 46260, which is also the mailing address of the firm. An additional office of the firm is in Ann Arbor, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 317.218.6000 or by fax 317.218.6010. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at valeofinancial.com and its LinkedIn profile.