Everwest Funds Advisors LLC (Denver)

Everwest Funds Advisors LLC is a large advisory firm based in Denver. It manages $1.27 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of North Carolina.

Everwest Funds Advisors provides portfolio management for pooled investment vehicles 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.

Everwest Funds Advisors: assets under management

The assets under management (AUM) of Everwest Funds Advisors LLC is $1.27 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -10% since the beginning of its operation, and $11.89 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.27 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $180.79 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Everwest Funds Advisors LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Everwest Funds Advisors serves?

The only and largest group of clients of Everwest Funds Advisors is pooled investment vehicles with 7 clients and $1.27 billion of assets under management. Among the 10 most similar advisory firms, Everwest Funds Advisors has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.27 billion for 7 clients. 14% of the firm’s clients are foreign persons or businesses.

Everwest Funds Advisors also advises several private funds. Namely, four hedge funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Everwest Funds Advisors LLC

The company employs 22 people that are either part- or full-time employees. 77 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Based in Denver

The principal office where Everwest Funds Advisors LLC performs its advisory services is located at 1099 18 Th Street, Denver, CO 80202, which is also the mailing address of the firm. An additional office of the firm is in Charlotte, NC. It doesn’t run an office outside of the United States.