Avory & Company, LLC. (Miami)

Name: Avory & Company, LLC.
Address: 4770 Biscayne Blvd Suite 1480, Miami, FL, 33137
Telephone: 305-306-9494

Avory & Company, LLC. is a large advisory firm based in Miami. It manages $105.18 million of regulatory assets for 35 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Arizona, Florida, New Hampshire, and Puerto Rico.

Avory & Company provides portfolio management for individuals and small businesses, publication of newsletters, market timing services, and custom research. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Avory & Company: assets under management

The assets under management (AUM) of Avory & Company, LLC. is $105.18 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $105.18 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.01 million each.

Avory & Company has custody of $52.79 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in cash and cash equivalents the most. They account for 65% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in investment grade corporate bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Avory & Company, LLC. for their services and products based on a percentage of assets under management, subscription fees, and performance-based fees. Subscribers pay a regular fee for the advisory firm’s newsletter or periodical. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Avory & Company serves?

The firm provides services to individuals, charitable organizations, other investment advisers, high net worth individuals, and corporations or other businesses. The largest group of clients of Avory & Company is high net worth individuals with 12 clients and $53.37 million of assets under management. Among the 10 most similar advisory firms, Avory & Company has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $105.18 million for 35 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.

Avory & Company doesn't advise any private funds.

Careers at Avory & Company, LLC.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Sean Nmn Emory	Managing member/chief compliance officer	1 May 2016	75% - 100%	6704784

Based in Miami

The principal office where Avory & Company, LLC. performs its advisory services is located at 4770 Biscayne Blvd Suite 1480, Miami, FL 33137, 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 305-306-9494. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at avory.xyz.