Ahrens Investment Partners, LLC (Lafayette)

Ahrens Investment Partners, LLC is a large advisory firm based in Lafayette. It manages $519.5 million of regulatory assets for 1,885 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, Louisiana, Mississippi, and Texas.

Ahrens Investment Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ahrens Investment Partners: assets under management

The assets under management (AUM) of Ahrens Investment Partners, LLC is $519.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 73% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $519.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $275.6 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 46% of the total AUM. The second-largest asset type is investment and business development companies, which make up 41% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ahrens Investment Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ahrens Investment Partners serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Ahrens Investment Partners is high net worth individuals with 145 clients and $383.45 million of assets under management. Among the 9 most similar advisory firms, Ahrens Investment Partners has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $519.5 million for 847 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.

Ahrens Investment Partners doesn't advise any private funds.

Careers at Ahrens Investment Partners, LLC

The company employs 11 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 11 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 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
Garrett Andrew Ahrens	Managing member	1 Aug 2015	75% - 100%	1999696
Elizabeth Alciatore Gossen	Chief compliance officer	1 Aug 2015	Other	5250360

Based in Lafayette

The principal office where Ahrens Investment Partners, LLC performs its advisory services is located at 412 Settlers Trace Boulevard, Lafayette, LA 70508, 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 337-981-1376 or by fax 337-981-6684. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.