Sortino Advisory Partners, LLC is a large advisory firm based in Louisville. It manages $156.28 million of regulatory assets for 353 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, Indiana, Kentucky, and Michigan.
Sortino Advisory Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and fiduciary consulting services. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Sortino Advisory Partners, LLC is $156.28 million. The firm's AUM has grown by 43% since the beginning of its operation, and $1.54 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Sortino Advisory Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Sortino Advisory Partners is high net worth individuals with 40 clients and $111.83 million of assets under management. Among the 8 most similar advisory firms, Sortino Advisory Partners has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $156.28 million for 126 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.
Sortino Advisory Partners doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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.
The principal office where Sortino Advisory Partners, LLC performs its advisory services is located at 401 South 4 Th Avenue, Louisville, KY 40202, 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 (502) 371-9850 or by fax (502) 371-9849. The normal business hours are 9:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at sortinoadvisory.com and its LinkedIn profile.