Cosyntris Advisory Network, LLC (Denver)

Name: Cosyntris Advisory Network, LLC
Address: 303 E. 17 Th Ave., Denver, CO, 80203
Telephone: 303-952-8484

Cosyntris Advisory Network, LLC is a large advisory firm based in Denver. It manages $186.25 million of regulatory assets for 530 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Colorado, Florida, and 6 other states.

Cosyntris Advisory Network provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cosyntris Advisory Network: assets under management

The assets under management (AUM) of Cosyntris Advisory Network, LLC is $186.25 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 86% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $186.25 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $351.42 thousand each.

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 38% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cosyntris Advisory Network, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Cosyntris Advisory Network serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Cosyntris Advisory Network is high net worth individuals with 60 clients and $91.6 million of assets under management. Among the 9 most similar advisory firms, Cosyntris Advisory Network has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $184.48 million for 238 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.

Cosyntris Advisory Network doesn't advise any private funds.

Careers at Cosyntris Advisory Network, LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people 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
Micah John Lang	Managing member	1 Aug 2012	50% - 75%	2851307
Trevor Joe Emery	Managing member	1 Aug 2012	50% - 75%	2578153
Barbara Jean Devine	Chief compliance officer	1 Mar 2015	Other	1428298

Based in Denver

The principal office where Cosyntris Advisory Network, LLC performs its advisory services is located at 303 E. 17 Th Ave., Denver, CO 80203, 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 303-952-8484. The normal business hours are 8:00 am to 4;30 pm on Monday - Friday. You can find more information about the New York firm at cosyntrisadvisorynetwork.com.