Banyan Equity Management, LLC (Boca Raton)


Banyan Equity Management, LLC is a large advisory firm based in Boca Raton. It manages $129 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Florida.

Banyan Equity Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Banyan Equity Management: assets under management

The assets under management (AUM) of Banyan Equity Management, LLC is $129 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 52% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $129 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $43 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Banyan Equity Management, 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.

Careers at Banyan Equity Management, LLC

Michael Alan Aronovitz joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Laurence Robert Benedict Chief executive officer 1 Nov 2000 75% - 100% 2341518
Christopher Cocotos Chief compliance officer 1 Jan 2005 Other 3260537
David Mathew Horowitz Chief compliance officer 1 Feb 2006 Other 2849516
Sunil N Narson Chief compliance officer 1 Jan 2007 Other 5303136
Phuong Le Operations officer 1 Jan 2009 Other 5762965
Laurence Robert Benedict Managing member and chief executive officer 1 Jan 2017 75% - 100% 2341518
Michael Alan Aronovitz Chief compliance officer 1 Jan 2017 Other 6755516

Based in Boca Raton

The principal office where Banyan Equity Management, LLC performs its advisory services is located at 7284 W. Palmetto Park Road, Boca Raton, FL 33433, 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 5613388711 or by fax 5613383961. The normal business hours are 8am - 5pm on Monday - Friday.