Gravitas Wealth Advisors, LLC is an adviser based in Toronto, Ontario. It manages $650 thousand of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California and New York.
Gravitas Wealth Advisors provides portfolio management for individuals and small businesses and auto trading. 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 Gravitas Wealth Advisors, LLC is $650 thousand, all of which is managed in discretionary accounts. The firm's AUM has grown by 333% since the beginning of its operation, and $600 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Gravitas Wealth Advisors, LLC for their services and products based on a percentage of assets under management and fixed fees. 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.
The only and largest group of clients of Gravitas Wealth Advisors is individuals with 20 clients and $650 thousand of assets under management. Among the 3 most similar advisory firms, Gravitas Wealth Advisors has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $650 thousand for 20 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 90% of the firm’s clients are foreign persons or businesses.
Gravitas Wealth Advisors doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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 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.
John Barry Poulter has served as the Chief Investment Officer since 1 Oct 2010. 2242257 Ontario Inc joined the executive team most recently as the Owner.
The principal office where Gravitas Wealth Advisors, LLC performs its advisory services is located at 333 Bay Street, Suite 1700, Toronto, Ontario, M5 H 2 R2, 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 416-367-0999 or by fax 416-367-0997. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday.