Rose Capital Advisors, LLC (Miami Beach)

Name: Rose Capital Advisors, LLC
Address: 119 Washington Avenue, Miami Beach, FL, 33139
Telephone: 305-534-7673

Rose Capital Advisors, LLC is a large advisory firm based in Miami Beach. It manages $273.13 million of regulatory assets for 266 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Florida, Louisiana, Massachusetts, and 3 other states.

Rose Capital Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Rose Capital Advisors: assets under management

The assets under management (AUM) of Rose Capital Advisors, LLC is $273.13 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 154% since the beginning of its operation, and $109.25 million of the total AUM is attributable to clients outside of the United States.

The firm manages $273.13 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.03 million each.

Rose Capital Advisors has custody of $66.05 million in cash and securities for 79 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 71% of the total AUM. The second-largest asset type is exchange traded securities, which make up 19% of the firm’s portfolio. Investments in investment and business development companies form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rose Capital Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Rose Capital Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Rose Capital Advisors is high net worth individuals with 150 clients and $265.63 million of assets under management. Among the 11 most similar advisory firms, Rose Capital Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $267.13 million for 170 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 40% of the firm’s clients are foreign persons or businesses.

Rose Capital Advisors doesn't advise any private funds.

Careers at Rose Capital Advisors, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Michael Joseph Rose	Chief compliance officer and managing member	1 Sep 2014	75% - 100%	2954324

Based in Miami Beach

The principal office where Rose Capital Advisors, LLC performs its advisory services is located at 119 Washington Avenue, Miami Beach, FL 33139, 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 305-534-7673 or by fax 305-534-2761. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at rosecapitaladvisors.com.