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New River Advisers LLC (Memphis)


New River Advisers LLC is an adviser based in Memphis. It manages $4.15 thousand of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of Virginia.

New River Advisers provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

New River Advisers: assets under management

The assets under management (AUM) of New River Advisers LLC is $4.15 thousand, all of which is managed in discretionary accounts. The firm's AUM has gone down by -100% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $4.15 thousand in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.15 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay New River Advisers LLC for their services and products based on a percentage of assets under management. 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.

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Randal J. Kirk Managing member 1 Nov 1998 75% - 100% 4496987
Randal Joe Kirk Owner 1 Nov 1998 75% - 100% 4496987
Earl Wayne Powell Shareholder 1 Jun 2008 25% - 50% 1350954
Llc Cmt Participation Shareholder 1 Jun 2008 25% - 50% 56-6758132
Marko Dimitrijevic Member 1 Jun 2008 75% - 100% 1471648

Based in Memphis

The principal office where New River Advisers LLC performs its advisory services is located at 6000 Poplar Avenue, Memphis, TN 38119, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 901-333-6980 or by fax 901-333-6981. The normal business hours are 8:00am to 5:00pm on Monday - Friday.


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