Aviance Capital Partners LLC is a large advisory firm based in Naples. It manages $482.94 million of regulatory assets for 538 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Arizona, California, and 12 other states.
Aviance Capital Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Aviance Capital Partners LLC is $482.94 million. The firm's AUM has grown by 299% since the beginning of its operation, and $3.74 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Aviance Capital Partners 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Aviance Capital Partners is high net worth individuals with 121 clients and $426.01 million of assets under management. Among the 8 most similar advisory firms, Aviance Capital Partners has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $476.69 million for 244 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Aviance Capital Partners doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Aviance Capital Partners LLC performs its advisory services is located at 2180 Immokalee Road, #301, Naples, FL 34110 1407, 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 239-598-4747 or by fax 239-598-4244. The normal business hours are 8:30 a.m - 5 p.m. on Monday - Friday. You can find more information about the New York firm at aviancecapitalpartners.com.