Auda Advisor Associates LLC (New York)

Name: Auda Advisor Associates LLC
Address: 745 Fifth Ave 29 Th Floor, New York, NY, 10151
Telephone: 212-863-2300

Auda Advisor Associates LLC is a large advisory firm based in New York. It manages $1.28 billion of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Auda Advisor Associates provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, pension consulting services, 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.

Auda Advisor Associates: assets under management

The assets under management (AUM) of Auda Advisor Associates LLC is $1.28 billion. The firm's AUM has gone down by -6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.11 billion in discretionary accounts and $164.87 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $101.01 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $11.78 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Auda Advisor Associates LLC for their services and products based on a percentage of assets under management and performance-based 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.

Careers at Auda Advisor Associates LLC

Marcel Alain Giacometti has been acting as President since 1 Apr 1995. Dean Mitchel Scheinert joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Auda Management	Holding company	1 Apr 1995	50% - 75%	58-1486034
Feri Corp.	Holding company	1 Apr 1995	25% - 50%	13-3576404
Marcel Alain Giacometti	President	1 Apr 1995	Other	1931395
William Franklin Hinson	Chief financial officer	1 Apr 1998	Other	4055924
Marcel Alain Giacometti	President	1 Sep 1998	Other	1931395
William Franklin Hinson	Chief financial officer	1 Sep 1998	Other	4055924
Auda Advisor Associates Llc	Holding company	1 Sep 1998	75% - 100%	13-3880235
Stephen Bruce Wesson	Managing director	1 Jan 1999	Other	2274838
Walter Ludwig Fabricius	Managing director	1 Jan 1999	Other	829515
Buford Scott Reid	Managing director	1 Sep 1999	Other	4377378
Alina Llc	Investment partnership	1 Jan 2000	Other	13-4093505
David Steven Andryc	Managing director	1 Jan 2001	Other	1181816
Lawrence Richard Lynch	Managing director	1 Jul 2001	Other	3080982
Richard Craig Lichter	Managing director	1 Feb 2002	Other	2062947
Harald Quandt Corp.	Holding company	1 May 2002	25% - 50%	applied for
Dean Mitchel Scheinert	Managing director	1 Mar 2003	Other	1467404

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Harald Quandt Holdings Gmbh	Holding company	1 Apr 1995	75% - 100%	foreign entity
Feri Ag	Holding company	1 Apr 1995	75% - 100%	foreign entity
Auda Management Inc	Holding company	1 Apr 1995	75% - 100%	58-1486034
Marcel Alain Giacometti	Partner of alina llc	1 Jan 2000	50% - 75%	1931395
Auda Management Inc	Holding company	1 May 2002	75% - 100%	58-1486034

Based in New York

The principal office where Auda Advisor Associates LLC performs its advisory services is located at 745 Fifth Ave 29 Th Floor, New York, NY 10151, 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 212-863-2300 or by fax 212-593-2974. The normal business hours are 9.00am-5.00pm on Monday - Friday. You can find more information about the New York firm at www,auda.net.