Pioneer Family Office, LLC (Aventura)

Pioneer Family Office, LLC is a large advisory firm based in Aventura. It manages $376.82 million of regulatory assets for 211 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Florida.

Pioneer Family Office provides 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.

Pioneer Family Office: assets under management

The assets under management (AUM) of Pioneer Family Office, LLC is $376.82 million. $354.14 million of the total AUM is attributable to clients outside of the United States.

The firm manages $178.28 million in discretionary accounts and $198.54 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.68 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.89 million.

Investments

The firm invests in other assets the most. They account for 25% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 20% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 18% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Pioneer Family Office, 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.

What kind of clients Pioneer Family Office serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Pioneer Family Office is corporations or other businesses with 34 clients and $334.71 million of assets under management. Among the 12 most similar advisory firms, Pioneer Family Office has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $376.82 million for 62 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 88% of the firm’s clients are foreign persons or businesses.

Pioneer Family Office doesn't advise any private funds.

Careers at Pioneer Family Office, LLC

The company employs 6 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 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
Aviram Nahum	Manager; chief executive officer	1 Jun 2005	Other	5290981
Ruth Bacal	Chief compliance officer	1 Jan 2019	Other	7067332
Pioneer Administrative Services Ltd	Member	1 Jan 2019	75% - 100%	289467

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Pioneer International Ltd	Owner	1 Nov 1992	75% - 100%	foreign
Indigo International Group Limited	Owner	1 Nov 1999	75% - 100%	foreign

Based in Aventura

The principal office where Pioneer Family Office, LLC performs its advisory services is located at 19495 Biscayne Blvd., Aventura, FL 33180, 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 305-935-5502 or by fax 305-935-5133. The normal business hours are 10:00 a.m. - 4:00 p.m. on Monday - Friday.