Advisersource.Com LLC (Denver)


Advisersource.Com LLC is a large advisory firm based in Denver. It manages $123.68 million of regulatory assets for 430 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Colorado, Florida, Nebraska, and 4 other states.

Advisersource provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Advisersource: assets under management

The assets under management (AUM) of Advisersource.Com LLC is $123.68 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $123.68 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $287.63 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 58% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 28% of the firm’s portfolio. Investments in investment and business development companies form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Advisersource.Com 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.

What kind of clients Advisersource serves?

The firm provides services to individuals and pension and profit sharing plans. The largest group of clients of Advisersource is individuals with 421 clients and $100.39 million of assets under management. Among the 14 most similar advisory firms, Advisersource has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $123.68 million for 430 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.

Advisersource doesn't advise any private funds.

Careers at Advisersource.Com 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. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
Lp Austin Capital Venture Fund Manager 1 Jul 2017 75% - 100% 30-0995007
Gregory Roberts Beard Cco 1 Jul 2017 Other 5316448
Charles John Ponicki Chief compliance officer 1 Jul 2017 Other 6837231
Patrick Stephenson Jolliffe Cco 1 Sep 2017 Other 5316448

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Tao Wu General partner 1 Jul 2017 Other 6933392
Alicia Martin General partner 1 Jul 2017 Other 7002388

Based in Denver

The principal office where Advisersource.Com LLC performs its advisory services is located at 4600 S Syracuse 9 Th Floor, Denver, CO 80237, 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 3032566494. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at advisersource.com.