Affiliated Private Investors LLC is a large advisory firm based in West Palm Beach. It manages $600.49 million of regulatory assets for 132 client accounts. It has been registered with the SEC as an adviser since 2001.
Affiliated Private Investors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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 Affiliated Private Investors LLC is $600.49 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 62% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Affiliated Private Investors 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.
The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Brian John Mcnally is high net worth individuals with 11 clients and $537.1 million of assets under management. Among the 7 most similar advisory firms, Affiliated Private Investors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $600.49 million for 47 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.
Affiliated Private Investors also advises several private funds. Namely, five other private funds. The minimum investment commitment required of non-related persons ranges from $1,000 to $10,000.
The company employs 8 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 don’t receive compensation from other entities for client referrals.
Brian John Mcnally has been acting as President since 1 Dec 1994. Kristian John Horvei joined the executive team most recently as the Direct Investment Officer.
The principal office where Affiliated Private Investors LLC performs its advisory services is located at 4512 N. Flagler Drive, West Palm Beach, FL 33407 The mailing address of the firm is P.O. Box 781, West Palm Beach, FL 33402. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 5613188710 or by fax 5613188889. The normal business hours are 9:00a 5:00pm on Monday - Friday.