Gavion, LLC is a large advisory firm based in Memphis. It manages $218.12 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Florida, New York, Tennessee, and Texas.
Gavion provides portfolio management for pooled investment vehicles, pension consulting services, selection of other advisers, and performance reporting, fiduciary services and administrative support services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Gavion, LLC is $218.12 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -99% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Gavion, 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.
The only and largest group of clients of Brian L Jones is pension and profit sharing plans with 10 clients and $138.78 million of assets under management. Among the 8 most similar advisory firms, Gavion has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $138.78 million for 10 clients. None of the firm’s clients are foreign persons or businesses.
Gavion also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 12 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 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.
Gavion, LLC is owned by Kevin T. Foley. Brian L Jones has been acting as President since 1 Apr 2013. Ian M Janecek joined the executive team most recently as the Senior Consultant.
The principal office where Gavion, LLC performs its advisory services is located at 6000 Poplar Avenue, Memphis, TN 38119, 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 800-969-6891 or by fax 901-682-4090. The normal business hours are 8:00 a.m. - 5:00 p.m. cst on Monday - Friday. You can find more information about the New York firm at gavionllc.com/.