Argentus Advisors, LLC (Gig Harbor)


Argentus Advisors, LLC is a large advisory firm based in Gig Harbor. It manages $143 million of regulatory assets for 654 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Florida, Nevada, and 4 other states.

Argentus Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and research. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Argentus Advisors: assets under management

The assets under management (AUM) of Argentus Advisors, LLC is $143 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $143 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $218.65 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 58% of the total AUM. The second-largest asset type is exchange traded securities, which make up 26% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Argentus Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Argentus Advisors serves?

The only and largest group of clients of Argentus Advisors is individuals with 359 clients and $143 million of assets under management. Among the 9 most similar advisory firms, Argentus Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $143 million for 359 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.

Argentus Advisors doesn't advise any private funds.

Careers at Argentus Advisors, LLC

The company employs 11 people that are either part- or full-time employees. 91 percent of the employees work as investment advisers or researchers. 10 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 receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Argentus Partners Owner 1 Nov 2001 75% - 100% 75-2773918
Llc Sas Capital Partners Owner 1 Nov 2001 75% - 100% 75-2773918
Douglas Wayne Gill Ceo 1 Nov 2001 Other 2129646
Christopher Alex Cokinis Chief compliance officer 1 Apr 2012 Other 1527389
Robert Philip Schlangen Interim chief compliance officer 1 Nov 2013 Other 2939848
James Jeffrey Halvosa Chief compliance officer 1 Apr 2014 Other 2603382
Mark Burt Richison Cfo 1 Mar 2016 Other 6162870
Nicholas Joseph Rossi Chief compliance officer 1 May 2016 Other 3064905
Sound Wealth Partners Owner 1 Sep 2016 75% - 100% 81-3385223
Craig Douglas Johnsen Co-manager 1 Sep 2016 Other 2103838
Ryan Christopher Finnigan Co-manager 1 Sep 2016 Other 6131356
Jay C Molloy Chief compliance officer 1 Apr 2017 Other 6786397

Indirect Owners

The SEC currently registers 25 indirect owners.

Name Entity Date acquired Ownership Employer ID
Douglas Wayne Gill Douglas gill is a shareholder of gill capital management, inc. 1 Jun 1999 75% - 100% 2129646
Llc Summit Alliance Capital Summit alliance capital, llc is a member of argentus holdings, llc 1 Jan 2000 75% - 100% 75-2898489
Inc. Gill Capital Management Gill capital management, inc is a member of argentus holdings, llc 1 Jan 2000 25% - 50% 75-2825228
Larry Keith Anders Larry anders is a member of summit alliance capital, llc 1 Sep 2000 50% - 75% 1585593
Lc North Timber Capital General partner 1 Jun 2001 Other 75-2961557
L.P. Timber Ridge Partners Timber ridge partners, lp is a member of summit alliance capital, llc 1 Jun 2001 25% - 50% 75-2962622
Michael Edward Lester Michael lester is a partner of timber ridge partners, lp 1 Jun 2001 25% - 50% 1197341
Gina A Lester Gina lester is a partner of timber ridge partners, lp 1 Jun 2001 25% - 50% 5780233
Gina Lester Partner 1 Jun 2001 25% - 50% 5780233
Llc Argentus Capital Management Member 1 Oct 2001 75% - 100% 75-2898489
Inc. Gill Capital Management Member 1 Oct 2001 25% - 50% 75-2825228
Llc Aequitas Holdings Aequitas holdings, llc is a member of aequitas commercial finance, llc 1 Feb 2007 75% - 100% 01-0891635
Llc. Aequitas Management Aequitas management, llc is a member of aequitas holdings, llc 1 Feb 2007 75% - 100% 41-2224801
Robert Joseph Jesenik Robert jesenik is a member of aequitas management, llc. 1 Feb 2007 25% - 50% 5331944
Llc Aequitas Commercial Finance Aequitas commercial finance, llc is a partner of aequitas capital opportunities, lp 1 May 2014 25% - 50% 02-0675916
Ryan Christopher Finnigan Owner 1 May 2014 75% - 100% 6131356
Lp Aequitas Capital Opportunities Fund Aequitas capital opportunities, lp is a member of sca holdings, llc 1 Jun 2014 25% - 50% 80-0939647
Llc Argentus Holdings Argentus holdings, llc is a member of argentus partners, llc 1 Jul 2014 25% - 50% 75-2773918
Llc. Sca Holdings Sca holdings, llc is a member of argentus partners, llc 1 Jul 2014 75% - 100% 47-1227435
Ronald Jay Robertson Ronald robertson is a member of sca holdings, llc. 1 Jul 2014 25% - 50% 2970282
Timothy Joseph Feehan Timothy feehan is a member of sca holdings, llc. 1 Jul 2014 25% - 50% 2464561
Craig Douglas Johnsen Owner 1 Jul 2014 75% - 100% 2103838
Sca Member 1 Jul 2014 75% - 100% 153269
Kcsl Ventures Llc Owner 1 Sep 2016 50% - 75% 603483575
Dkj Ventures Llc Owner 1 Sep 2016 50% - 75% 603421140

Based in Gig Harbor

The principal office where Argentus Advisors, LLC performs its advisory services is located at 7191 Wagner Way, Nw, Gig Harbor, WA 98335, which is also the mailing address of the firm. An additional office of the firm is in Plantation, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 253-470-4977 or by fax 253-358-3832. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at argentuspartners.com.