Mohawk Capital Advisors, LLC (New York)

Mohawk Capital Advisors, LLC is a mid-sized advisory firm based in New York. It manages $79.3 million of regulatory assets for 42 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California and New York.

Mohawk Capital Advisors provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mohawk Capital Advisors: assets under management

The assets under management (AUM) of Mohawk Capital Advisors, LLC is $79.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 210% since the beginning of its operation, and $12.48 million of the total AUM is attributable to clients outside of the United States.

The firm manages $79.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.89 million each.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 1% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mohawk Capital Advisors, 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 Mohawk Capital Advisors serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Mohawk Capital Advisors is high net worth individuals with 16 clients and $73.75 million of assets under management. Among the 1 most similar advisory firms, Mohawk Capital Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $79.3 million for 37 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.

Mohawk Capital Advisors doesn't advise any private funds.

Careers at Mohawk Capital Advisors, LLC

The company employs 1 person that is either a part- or full-time employee. 100 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
Leonard Charles Ellis	Managing member and chief compliance officer	1 Jul 2014	75% - 100%	3215166

Based in New York

The principal office where Mohawk Capital Advisors, LLC performs its advisory services is located at 101 Warren Street, New York, NY 10007, 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 212-367-7239. The normal business hours are 9:30am - 4:00pm on Monday - Friday.