Investor's Advantage, L.L.C. (Austin)

Name: Investor's Advantage, L.L.C.
Address: 4131 Spicewood Springs Road, Austin, TX, 78759
Telephone: 512-794-1188

Investor's Advantage, L.L.C. is a large advisory firm based in Austin. It manages $136.44 million of regulatory assets for 362 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of New York and Texas.

Investor's Advantage, L.L.C provides portfolio management for individuals and small businesses 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.

Investor's Advantage, L.L.C: assets under management

The assets under management (AUM) of Investor's Advantage, L.L.C. is $136.44 million. The firm's AUM has grown by 11% since the beginning of its operation, and $625.6 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $133.34 million in discretionary accounts and $3.1 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $377.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $344.13 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Investor's Advantage, L.L.C. for their services and products based on a percentage of assets under management and hourly charges. 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 Investor's Advantage, L.L.C serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Investor's Advantage, L.L.C is high net worth individuals with 32 clients and $78.6 million of assets under management. Among the 9 most similar advisory firms, Investor's Advantage, L.L.C has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $136.44 million for 167 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Investor's Advantage, L.L.C doesn't advise any private funds.

Careers at Investor's Advantage, L.L.C.

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Fadi Boury	Vice president	1 Sep 1995	25% - 50%	2275353
Larry Saunders	President & chief compliance officer	1 Sep 1995	50% - 75%	2146896
Hani C. Boury	Member	1 Sep 1995	Other	4360982

Based in Austin

The principal office where Investor's Advantage, L.L.C. performs its advisory services is located at 4131 Spicewood Springs Road, Austin, TX 78759, 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 512-794-1188 or by fax 512-794-3996. The normal business hours are 8:30am to 4pm on Monday - Friday. You can find more information about the New York firm at iainvest.com.