Roundangle Advisors LLC (White Plains)

Name: Roundangle Advisors LLC
Address: 723 N Broadway, White Plains, NY, 10603
Telephone: 516-256-2000

Roundangle Advisors LLC is a mid-sized advisory firm based in White Plains. It manages $93.58 million of regulatory assets for 523 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Florida, New Jersey, New York, Ohio, and Pennsylvania.

Roundangle Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Roundangle Advisors: assets under management

The assets under management (AUM) of Roundangle Advisors LLC is $93.58 million. The firm's AUM has grown by 192% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $78.37 million in discretionary accounts and $15.21 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $163.27 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $353.63 thousand.

Roundangle Advisors has custody of $52.06 million in cash and securities for 206 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio. Investments in investment and business development companies form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Roundangle Advisors 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.

What kind of clients Roundangle Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Roundangle Advisors is high net worth individuals with 50 clients and $61.67 million of assets under management. Among the 5 most similar advisory firms, Roundangle Advisors has the 0th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $91.46 million for 199 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.

Roundangle Advisors doesn't advise any private funds.

Careers at Roundangle Advisors LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
Benjamin Gerut	Managing member & chief compliance officer	1 Jan 2015	75% - 100%	4966087
Llc Kuzari Asset Management	Member	1 Jan 2015	Other	47-3694329
Benjamin Samuel Gerut	Member	1 Jan 2015	25% - 50%	4966087
Andrew Killen	Chief compliance officer	1 Jan 2015	Other	6360797
Andrew Killen	Chief compliance officer	1 Mar 2015	Other	6360797
Andrew John Killen	Chief compliance officer	1 Mar 2015	Other	6360797
Jonathan Evan Bernstein	Managing member	1 Oct 2015	75% - 100%	4445025
Manuela Diaz	Chief operating officer	1 Jan 2017	Other	5594170
Melinda Stacy Bercy	Chief compliance officer	1 Apr 2018	Other	2477160

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Benjamin Samuel Gerut	Managing member	1 Mar 2015	75% - 100%	4966087

Based in White Plains

The principal office where Roundangle Advisors LLC performs its advisory services is located at 723 N Broadway, White Plains, NY 10603 The mailing address of the firm is 280 Highway 35, Red Bank, NJ 07701. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 516-256-2000. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at roundangleadvisors.com and its LinkedIn profile.