Encore Housing Opportunity Fund Investment Manager, LLC (Boca Raton)

Name: Encore Housing Opportunity Fund Investment Manager, LLC
Address: One Town Center, Suite 600, Boca Raton, FL, 33486
Telephone: 561-961-1000

Encore Housing Opportunity Fund Investment Manager, LLC is a large advisory firm based in Boca Raton. It manages $996.11 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and Florida.

Encore Housing Opportunity Fund Investment Manager provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Encore Housing Opportunity Fund Investment Manager: assets under management

The assets under management (AUM) of Encore Housing Opportunity Fund Investment Manager, LLC is $996.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 655% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $996.11 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $55.34 million each.

Encore Housing Opportunity Fund Investment Manager has custody of $996.11 million in cash and securities for 18 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Encore Housing Opportunity Fund Investment Manager, 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.

What kind of clients Encore Housing Opportunity Fund Investment Manager serves?

The only and largest group of clients of Encore Housing Opportunity Fund Investment Manager is pooled investment vehicles with 18 clients and $996.11 million of assets under management. Among the 9 most similar advisory firms, Encore Housing Opportunity Fund Investment Manager has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $996.11 million for 18 clients. None of the firm’s clients are foreign persons or businesses.

Encore Housing Opportunity Fund Investment Manager also advises several private funds. Namely, fourteen real estate funds. The minimum investment commitment required of non-related persons ranges from $0 to $40,000,000.

Careers at Encore Housing Opportunity Fund Investment Manager, LLC

The company employs 39 people that are either part- or full-time employees. 46 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Francis Chiste	Chief compliance officer & chief financial officer	1 Mar 2010	Other	6030036
Oscar Vasquez	Chief operating officer	1 Mar 2010	Other	6116776
Anthony Gene Avila	Co-chief executive officer	1 Mar 2010	Other	2871741
Arthur Falcone	Co-chief executive officer	1 Mar 2010	Other	6021086
William Charles Powers	Co-chief executive officer	1 Mar 2010	Other	1175173
Llc Af Encore Management	Managing member	1 Apr 2010	75% - 100%	27-2885054
Llc Avila Encore Management	Member	1 Apr 2011	Other	45-2300685
Lp Encore Capital Management	Owner	1 Jan 2015	75% - 100%	47-2716273

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Anthony Gene Avila	Trustee	1 Jun 2006	50% - 75%	2871741
Jacquelyn Lee Avila	Trustee	1 Jun 2006	50% - 75%	5891475
Avila Family 2006 Trust	Member	1 Jun 2006	50% - 75%	xxx-xx-xxxx
Ajf Holdings Llc	General partner	1 Aug 2006	75% - 100%	xxx-xx-xxxx
Arthur Falcone	Limited partner	1 Aug 2006	50% - 75%	6021086
Marcy Falcone	Limited partner	1 Aug 2006	50% - 75%	6021090
Llp Ajf Investments	Member	1 Sep 2006	75% - 100%	20-5646552
Avila Family 2006 Trust	Member	1 May 2011	50% - 75%	xxx-xx-xxxx
Llc Encore Capital Management Gp	General partner	1 Jan 2015	Other	47-2671237
Llc Avila Encore Management	Limited partner	1 Jan 2015	Other	27-2885054
Llc Af Encore Management	Limited partner	1 Jan 2015	75% - 100%	45-2300685

Based in Boca Raton

The principal office where Encore Housing Opportunity Fund Investment Manager, LLC performs its advisory services is located at One Town Center, Suite 600, Boca Raton, FL 33486, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 561-961-1000. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at encorefunds.com.